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In celebrating and uplifting mothers who have their careers entangled with their already full-time job of parenthood, the Kitty Fund seeks to invest in Mom-preneurs who are looking for that extra boost of financial aid. This grant that is awarded through the non-profit Founders First CDC constructs, cultivates, collaborates, and capitalizes on small business growth.
The Kitty Fund has a $25,000 fund – choosing fifty mothers and awarding them $500 to invest in their business. From the Kitty Fund site they elaborate that, “The Kitty Fund makes small micro-investments in moms who are running employer-based small businesses with two or more employees.”
Founder’s First CEO Kim Folsom dedicated this award in memory of her mother Catherine “Kitty” Abrams Tadlock Webster. Interviewed by Digital Journal, Folsom states, “The Kitty Fund celebrates business-owner moms for the strength and greatness they display every day in raising their families and leading their employer-based companies in these challenging times,” Folsom also elaborates that, “Mothers have been disproportionately impacted by the pandemic. Founders First CDC established the Kitty Fund to do something positive, to add a flicker of light in their entrepreneurial journey.” In 2020, through Kitty’s legacy, “the fund made its first investment of $13K in 50 Moms running small business nationwide.”
This $500 grant allows people who identify as a mother to use the money in however they please. From funding professional assistance to paying bills, the only requirement for this grant seems to be that mothers should find reassurance in their business ventures while balancing parenthood.
The deadline for this fund is on April 11th, 2022. The fifty moms who will be awarded their grant money will find out through a virtual press event on May 4th, 2022, a few days before Mother’s Day.
This article is originally published on GREY Journal.