LOS ANGELES, Oct. 24, 2018 /PRNewswire-iReach/
Women Founders Network ("WFN") today announced Catherine Geanuracos of CityGrows, a cloud platform provider for local governments, won a total of $30,000 in cash awards, comprised of a $25,000 cash award from the WFN judges and a $5,000 cash award from the Junior Judges, at our Sixth Annual Fast Pitch Competition on October 16, 2018, hosted by CNSI at UCLA. Second place winner, Sabena Suri of BOXFOX, received a $10,000 cash award and third place winner, Gloria Hwang of Thousand, received a $5,000 cash award.
"Our mission is to provide capital, visibility and mentorship to female founders. This year's top ten Fast Pitch finalists are all growing scalable, transformative businesses solving real problems," said Darya Allen-Attar, Founder and CEO of Women Founders Network. "Thanks to our generous sponsors, we were able to increase the total cash prizes awarded by 30% compared to last year and all finalists will benefit from in-kind professional services and the connections they have made with our network."
Allen-Attar added, "CityGrows, a cloud platform provider that helps local governments more efficiently manage permitting, licensing and other processes, won both the top cash prize awarded by the WFN judges and our Junior Judges, who represent the next generation of female entrepreneurs and investors. We were all inspired by CityGrows' ability to make our government work more efficiently and become an attractive place to work for today's generation."
About the Women Founders Network Fast Pitch Competition
We support women entrepreneurs building high-growth early-stage businesses. To apply, the company must have a woman co-founder, president or CEO, or be majority-owned by women. The company can operate in any industry and must generate revenue or demonstrate proof of concept. Finally, applicants may not have raised more than $1 million in outside funding, excluding research grants. The total 2018 prize package of cash and professional services is valued in excess of $245,000.
About the Women Founders Network Judges
Women Founders Network applicants are judged by an independent panel made up of leading CEOs, CFOs, entrepreneurs, venture capitalists, angel investors, wealth managers, legal professionals and communications strategists.
About the Women Founders Network Junior Judges Award
Reflecting a desire to encourage young women to pursue their dreams, the Women Founders Network Pitch Competition features a Junior Judges Panel and Award. A panel of 15 girls in grades 6-12 selects their favorite Fast Pitch contestant and awards the winner with a cash prize of $5,000.
Women Founders Network Competition Sponsors
We would like to thank our sponsors for their amazing support! In particular, we'd like to thank our Platinum Sponsor, MUFG UnionBank, our Silver Sponsor, CBIZ MHM, LLC, Junior Judges Award Sponsor, Stacey Feinberg; Bronze Sponsors: EY, Greenberg Glusker, KPMG, Stubbs Alderton & Markiles, LLP and Lynda Thomas of Temple Two Investments. We'd also like to thank our Supporting Cash Sponsors: Cohn Reznick, Deloitte, First Republic, Latham & Watkins, LLP, Pepper Hamilton LLP and Pepperdine University.
In addition, we'd like to thank those who have committed to supporting the Women Founders Network with in-kind sponsorships: Evolution, PJ Tech LLP, Sandler Training, California Nanosystems Institute (CNSI), DME Law LLP, Elevate My Brand, Pepper Hamilton LLP, Fraser Communications, Supporting Strategies, The Amplify Lab, The Blaine Group, Inc., CBRE, Cooley, Countsy, Cross Campus, Hawke Media, Lift Development Enterprises, Malibu Discovery, Mazars, Miners Mills, Nanneke Dinklo, NJP Photography, PeopleTree, Solve Your Finances, and Startup CFOs.
About Women Founders Foundation
The mission of Women Founders Foundation is to educate young women and girls about entrepreneurship and the life of a business from ideation to long-term success. We want to provide young women with the confidence, knowledge, and skills needed to build a business from the ground up, across all industries with an emphasis on science, technology, engineering, and math (STEM) fields. Through this work we hope to inspire the next generation of women founders and investors. Visit us at http://womenfoundersfoundation.org/.
About Women Founders Network
Women Founders Network (WFN) connects women building high-growth businesses with the tools and resources they need to achieve business success. Since 2013, WFN has awarded and directly invested $1.1 million in women-founded companies and alumni have gone on to raise over $45 million in funding. Visit us at http://www.womenfoundersnetwork.com.
Media Contact: Kim Christensen, Women Founders Network, 2245654129, firstname.lastname@example.org
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SOURCE Women Founders Network