SOPHIEGRACE X THE AWAKENED PROJECT Equal Pay Scarf
Introducing our newest collaboration:
The Equal Pay Scarf: By SOPHIEGRACE X THE AWAKENED PROJECT in support of MOMENTUM.
This cashmere/silk blend scarf was designed by Vancouver graphic artist Nadine Nevitt and features some of our favourite flowers as well as the logo of our partner The Awakened Project.
SophieGrace and the Awakened Project are putting money and power back in the hands of women entrepreneurs. Through our charity partner, Momentum, women are empowered, gain confidence and learn how to run their own business. $50 from the purchase of every scarf is re-invested in microloans so female entrepreneurs can launch and become their own boss!
Momentum supports approximately 50 female entrepreneurs each year with capital and ongoing coaching and support. Women access up to $10,000 to help launch their business and move one step closer to their dreams.
Businesses launched through Momentum are as diverse as the women who run them, including dog grooming, construction site safety, independent music production, specialty cakes, special event tent rental and design, local product curation, and many more fulfilling and meaningful local businesses.
“My life has had a 180-degree turn around, emotionally and economically. I am definitely more sure of myself, and most of all I’m satisfied with my life and things are going the way I always dreamed of. They are becoming reality thanks to all of you. ” – Female Entrepreneur and Momentum Participant
“I never thought I would have my own business. I didn’t even know I had a gift, but now I do. And having my own business gives me the flexibility to be the mom that I want to be while enabling us to break out of poverty.” – Female Entrepreneur and Momentum Participant
Women own 39 percent of all businesses in the US, but female entrepreneurs get only two percent of venture funding. (Dana Kanze, Kanze Conley Okimoto Phillips Merluzzi 2020.pdf (london.edu))
“On average, (women-owned businesses) tend to be newer and smaller and have less access to capital. Challenges for women entrepreneurs were amplified during the pandemic, as many found themselves ineligible for business supports, working in sectors most heavily impacted by public health restrictions, and bearing child-care responsibilities that disproportionately affected women. If we are serious about economic recovery, we need to better evaluate and address the challenges faced by women and other underrepresented groups of entrepreneurs. Entrepreneurial diversity is not only essential for women’s recovery but for that of the entire economy.” WEKH | The State of Women’s Entrepreneurship in Canada: 2020