Description
The Million Dollar Women Fund (MDW Fund) is a nonprofit organization dedicated to helping underrepresented women entrepreneurs — particularly women of color earning less than $50,000 per year — scale their businesses by providing access to business training, mentorship, coaching, networking, and small financial support or scholarships. Its mission is to close the economic gap, foster inclusive entrepreneurial ecosystems, and empower women founders to build more profitable, sustainable businesses.
Eligibility
Underrepresented female founders, including women of color, veterans, and women with disabilities, especially those earning less than ~$50K in annual revenue.
• Entrepreneurs seeking business growth, revenue scaling, and strategic support.
Process
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Application Submission / Rolling Admissions: Founders apply for scholarships and program participation via the MDW Fund portal (rolling admissions).
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Evaluation: Applications are reviewed based on founder background, business readiness, and fit with MDW Fund goals (criteria not publicly detailed).
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Selection & Award: Selected recipients receive access to business coaching, training resources, network membership, and scholarship support to participate in related programs.
What an Applicant can Obtain
✔ Access to business training and coaching tailored for scaling revenue and strategy.
✔ Membership in a peer network of women entrepreneurs, mentors, and advisors across the U.S. and Canada.
✔ Scholarship or small financial support for program participation or business development resources (no guaranteed investment).
✔ Mentorship and strategic guidance from experienced founders and professionals.
✔ Access to virtual events, resources, and community support focused on revenue growth.