UBS & Rent the Runway Announce Project Entrepreneur Winners
Women entrepreneurs continue the pay it forward tradition. Rent the Runway just found ten awesome more female founders in the Project Entrepreneur competition.
The three companies were among nearly 200 female founders who participated in a weekend-long intensive program and were selected from 12 finalists who pitched their businesses to a panel of experts. The winners will each receive onsite training, education, and mentorship as part of Project Entrepreneur’s five-week business accelerator program hosted at Rent the Runway’s New York offices, as well as individual cash prizes of $10,000 and premium BizSpark Plus, compliments of Microsoft Office. The winners are:
Cake: Suelin Chen, founder (Boston): The easiest way to think about end of life
Full Harvest Technologies: Christine Moseley, founder (San Francisco): A B2B platform that helps growers bring their excess produce to market
Komae: Audrey Wallace, founder, and Amy Husted, co-founder (Akron): An app allowing parents to exchange free babysitting with friends
“I know I speak for all the panelists when I say this was an extremely difficult decision given the huge display of innovation in the room,” said Jennifer Hyman, CEO and Co-founder of Rent the Runway. “All of the companies that pitched possess the solid foundations and drive necessary to disrupt their respective industries, proving further that women can change the world!”
The Project Entrepreneur Accelerator Program, hosted within Rent the Runway’s office in New York City, will allow the winning teams to learn from RTR employees who are in the trenches of a start-up and problem solving on a day-to-day basis. Each team will receive focused mentorship, direct coaching, introductions to investors, and access to the deep network that is the New York City startup community, among other benefits.
“We can’t wait for the winning teams to work alongside us in our office, putting into action everything they learned this weekend to scale their businesses and bring their visions to life,” added Jennifer Fleiss, Co-founder of Rent the Runway.
In addition to the three companies that will become a part of the accelerator at Rent the Runway, designer Rebecca Minkoff who was part of the judging panel for the Project Entrepreneur competition, announced that she has invited the team from Claire to be accelerated at the offices of her company. Claire, co-founded by Marta Jamrozik and Misha (Michael) Laskin, is a data company for fashion that helps fashion brands and retailers figure out what to sell next, and how to price it.
The pitch competition was the culmination of the Project Entrepreneur Weekend Intensive held at the Conrad Hotel. The program hosted nearly 200 women founders and co-founders for sessions exploring the many aspects of refining and scaling a business. The weekend included participation by some of New York City’s most successful female business owners and leaders, including Alexandra Wilkis Wilson (Gilt Group and Glamsquad), Susan McPherson (McPherson Strategies), Bethenny Frankel (Skinnygirl), Hilary Folger (Lippincott), Angela Lee (37Angels), Jerri Chou (The Feast), Jules Miller (Hire an Esquire), Laura Gomez (Atipica), Nnamdi Okike (645 Ventures), Nnena Ukuku (Venture Gained Legal), Sarika Doshi (Rank & Style) and Steve Anastos (Bain Capital).
“From the entrepreneurial talent, to the networking, to the incredible speakers and interactive sessions, the entire weekend was a huge success and exceeded our expectations,” said Lori Feinsilver, UBS Head of Community Affairs & Executive Communications, Americas. “All of us at UBS are proud to be a part of these women’s journeys, and excited for what the future holds for the entire Project Entrepreneur Class of 2016!”
The winning companies were chosen by a panel of experts which included:
Jennifer Hyman, CEO and Co-founder of Rent the Runway
Jennifer Fleiss, Co-founder of Rent the Runway
Janine Shelffo, Co-Head of TMT, UBS Investment Bank
Susan Lyne, President & Founder of BBG Ventures
Carley Roney, Co-founder of The Knot (XO Group)
Rebecca Minkoff, Co-founder & Creative Director of Rebecca Minkoff
Katherine L. Oliver, Principal at Bloomberg Associates
Anu Duggal, Founding Partner at F Cubed (Female Founders Fund)
For the full agenda and list of attendees and community advisors who participated in the New York event, click here.