City announces first-of-its-kind crowdfunding program for female entrepreneurs

Posted On Wed, November 8, 2017 By

Posted On Wed, November 8, 2017 By In From Our Partners

Photo by Tirachard Kumtanom from Pexels 

Mayor Bill de Blasio announced on Wednesday that the city has partnered with Kiva.org to launch “WE Fund: Crowd,” described as “a first-of-its-kind city-led crowdfunding program to help women entrepreneurs access affordable capital and start businesses in New York City.” Through Kiva, which is a not-for-profit crowdfunding platform, female entrepreneurs can apply for crowdfunded loans of up to $10,000. The city will contribute the first 10 percent of their goal, up to $1,000.

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