Notice: Trying to access array offset on value of type bool in /customers/1/a/0/newsgroove.co.uk/httpd.www/wp-content/plugins/newsmax-core/includes/core.php on line 212 Notice: Trying to access array offset on value of type bool in /customers/1/a/0/newsgroove.co.uk/httpd.www/wp-content/plugins/newsmax-core/includes/core.php on line 212 Notice: Trying to access array offset on value of type bool in /customers/1/a/0/newsgroove.co.uk/httpd.www/wp-content/plugins/newsmax-core/includes/core.php on line 212
Fashion

Sara Blakely, CEO and founder of Spanx, donates 5 million to help female entrepreneurs



Sara Blakely, CEO and founder of Spanx, donates 5 million to help female entrepreneurs

New York – In an article posted shared through LinkedIn, Sara Blakely,
CEO and founder of Spanx, explained her decision to donate 5 million
dollars “directly to female entrepreneurs to help their businesses,
families and employees.”

In the context of a pandemic that is rapidly taking a fatal toll on
lives and businesses worldwide, Blakely points out that her donation “will
immediately provide 1,000 female business owners here in the United States
with 5,000 dollars in funding each.”

Spanx CEO donates the same amount she started her business with to
1,000 entrepreneurs

“My hope is that this gift will help alleviate some of the pressures
caused by this horrible pandemic,” she adds, recalling that it was
precisely that amount – 5,000 dollars – which she used to start Spanx in
2000.

In order to provide relief to some entrepreneurs during this tough time,
Blakely has teamed up with GlobalGiving to manage the fund and application
process. The applications to receive these donations will open April, 6 and
will be available for the next five months under The Red Backpack Fund.

“My hope is that this donation will allow many small businesses to
continue to operate and thrive. It has been my greater mission throughout
my life to elevate women. I truly believe when you elevate women you are
elevating the greater whole. I also know when you help a woman fulfill her
potential, magic happens,” further explains Spanx’ founder.

Image:The Red Backpack Fund, Sara Blakely’s LinkedIn



READ SOURCE

READ  It's Luann vs. The Real Housewives of New York in Season 11 Reunion Trailer

Leave a Reply