Elevating Female Entrepreneurs
In the wake of Covid-19, to support the recovery and revitalization of women-owned businesses, the SPANX by Sara Blakely Foundation donated $5 million to female entrepreneurs and teamed up with GlobalGiving to establish The Red Backpack Fund. Each recipient received a gift of $5,000, the exact amount Sara Blakely started Spanx with 20 years ago. Small business is the backbone of our culture and we know first-hand what it’s like to start small and dream big!
FEMALE RECIPIENTS
OF SUPPORT TO ENTREPRENEURS
IN ADDITIONAL DONATIONS
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I’m so on fire now. There’s momentum now and this [grant] is going to light us up. I feel so excited about the future… there is so much opportunity.”
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I hope Sara knows that I will work hard every day because she took a chance on me, and I promise to pay it forward and take a chance on someone else when I have the ability.”
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Thank you, thank you, thank you! $5,000 dollars for a small business can go so far.”
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The assistance that we will get from the Red Backpack Fund has made it possible for us to update our website so all of our students can have access to our classes online.”
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Thank you Sara and Spanx for what you are doing – not only for me – but for women in general. You’re supporting women, our families and the people we serve.”