Red Backpack Fund: An Opportunity for Women-Owned Businesses


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Knowing the ripple effect that empowering women can have to strengthen neighborhoods, cities and countries, The Spanx by Sara Blakely Foundation donated $5 million to support female entrepreneurs in the wake of COVID-19 and teamed up with GlobalGiving to establish The Red Backpack Fund.

The fun will award at least 1,000 grants of $5,000 to female entrepreneurs in the U.S. to help alleviate immediate needs and support long-term recovery of those impacted by this crisis.

If you are interested in applying, the current round of applications will be open now through May 11 at 12 p.m. ET. The first round of applications were open from April 6 at 12 p.m. ET through April 12 at 11:59 p.m. ET. Final grant recipients from the April application round will be notified by May 15. Final grant recipients from the May application round will be notified by June 12. Each month, the foundation will accept additional applications. The portal will open for applications again on June 1, July 6, and August 3.

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