Building Our Own Ecosystem
The Catalyst for Creating FundHerShip
88% of Black Founders star businesses from their own pockets as compared to 25% of White founders. The FundHerShip Grant addresses this. It provides a funding system, designed by us, for us. It aims to break down barriers and create new paths to success.
Rewriting the Funding Narrative
For years, white male founders who fit a familiar mould have received unfair allocations of capital. In contrast, Black and Brown women have had to prove themselves time and again, often with little reward. We're changing this. FundHerShip isn't charity. It's an investment in the innovation, resilience, and ingenuity of women whom society has excluded for too long.
Why FundHerShip Exists
Redefining Risk and Reward
Conventional investors often perceive bold ideas from Black and Brown women as risky while pouring billions into untested white male founders. The reality is that women like us have established successful, communities, and economies. FundHerShip delivers the funding needed to reflect this truth.
Dispelling the 'Pipeline' Myth
The notion that funders cannot find Black and Brown women to invest in is untrue; they simply do not make the effort to seek them out. We are breaking down this barrier by creating an environment where visionary women can access the funding they rightfully deserve.
How It Works
Each month, we grant £10,000 to a Black or Brown woman entrepreneur in the UK to support her business growth, expansion, or sustainability.
At-the end of the year, one of the 12 monthly recipients will receive an additional £25,000, determined by public vote. This fund is wholly sustained by the application fees (£20 per application) made to it and by contributions from our Allies.
Our Legal Framework for Equality & Funding
FundHerShip operates under the Companies Act 2006, which allows private limited companies like OmegaSeven Global Ltd to collect application fees and redistribute funds as grants while ensuring compliance with UK financial and governance laws. Our funding model is designed to legally and ethically support Black and Brown women entrepreneurs, ensuring transparency, accountability, and equitable access to financial resources. In alignment with HMRC guidelines, all funds are managed responsibly, with 75% of application fees allocated directly to grants and 25% used for operational sustainability, ensuring FundHerShip remains an independent, self-sustaining ecosystem.
Our approach aligns with the Equality Act 2010, which permits positive action initiatives to address systemic financial barriers faced by underrepresented groups. By providing accessible funding, FundHerShip actively works to bridge the gap in capital allocation, where Black and Brown women have historically been excluded from traditional investment networks. Through transparent governance, external audits, and Advisory Board oversight, we ensure fair and unbiased grant distribution, offering a funding alternative that prioritizes impact over outdated industry biases.
