Thank you to everyone who voted in the $1000 small business grant contest for one mom business owner in New Mexico. The contest was so close, but there can only be one winner!
Congratulations to Tatiana Muse of The Inspire Blueprint, the winner of a $1000 small business grant from ABQ Mom and our partners at Comcast.
Tatiana owns and operates the Inspire Blueprint, a community for women that desire to start their own businesses. It stands on the belief of helping women get out of their own way to build a life full of freedom, impact, and legacy. This happens through motivational content, business tools and programs, and the new lifestyle product shop launching in mid-November 2022. The goal is to meet women where they are, no matter what they may have experienced in the past or the setbacks they’ve dealt with.
We’re so proud of all our finalists and look forward to seeing their businesses thrive as well.
We hope you’ll support them all. Give them some social media follows and of course, your business. The other four finalists were Mamie Chan of ABQ Eye Care, Monica Closner-Kozlowski of ABQ Healthcare 2 You, Jamie Sandoval of Rio Refills, and Anney Snyder of Wholeistic Mental and Physical Health.
With her winnings, Tatiana plans to put some of it towards the efforts of ordering a small stash of product inventory and shipping materials, including a small order of business planners, boxes, and branded packaging for each order. She would also use a small portion of the money to run an ad campaign on Instagram to spread the message to a new audience. Lastly, she plans to give away $100 of the grant money to support someone else’s dream to fund something for their business. We love that!
October is National Women-Owned Small Business Month. It’s a great time to recognize the amazing achievement of our country’s female entrepreneurs and the impact they are making on jobs and the economy. It’s also a great time to support women entrepreneurs, which is why we’ve partnered with Comcast to provide one deserving mom business owner with a $1000 grant!
For many years, business ownership was an activity reserved for men. However, in October of 1988, game changing legislation was passed. President Ronald Reagan signed H.R. 5050, which changed the landscape of women’s entrepreneurship forever.
Among other things, this new law eliminated the requirement for women to have a husband or a male relative co-sign a business loan. (I’m sorry, but can we pause for a moment and let that sink in because 1988 was not all that long ago. I mean in 1988, I was enthralled with Who Framed Roger Rabbit and rocking out to Poison’s “Every Rose Has Its Thorn.”)
Through this bill, lawmakers and loan givers were finally forced to recognize that women are subjected to discrimination in entrepreneurial endeavors due to their gender.
Great strides have been made regarding women-owned businesses. In fact, as of 2019, 42% of all companies are at least 51% owned, controlled, and managed by one or more females. Get it, girls!
But there’s still lots of work to do. The economic fallout from the pandemic adversely affected women in greater numbers than men. Many women-owned businesses suffered due to shutdowns of nonessential businesses. Also, as of 2021, only 47 of the Fortune 500 CEOs are women. But women have shown time and time again that they are up for tackling the next challenge. And I have no doubt that the disparity will continue to decrease.
ABQ Mom is partnering with Comcast to take one step to help women-owned small businesses in New Mexico. We are awarding one hard-working mom who is also a small business owner a $1000 grant to further her business.
No business dream is too big or too small. ABQ Mom and Comcast want to empower women entrepreneurs.
This no-strings-attached money to grow a business will be awarded to one winner who fits the following criteria.
- Applicant should be a woman entrepreneur who owns the largest or equal stake in a business that is majority (51% or more) owned and controlled by women.
- Applicant should be a mother.
- Applicant should be 21 years or older (as of October 1, 2022).
- Applicant should be a resident of New Mexico.
- The company must be formed under United States and New Mexico law and operating in the state of New Mexico.
Contest Rules
ENTRY PERIOD
The contest entry period commences on October 18, 2022, at 12:01 AM Mountain Time and ends on November 1, 2022, at 11:59:59 PM Mountain Time.
HOW TO ENTER
To enter, log on to www.abqmom.com during the Entry Period, click on the post entitled ”Win a Mom-Owned Small Business Grant,” and fill out the application on that post. Applications will be accepted by online entry only. Entries must be received by the end of the Entry Period to be valid. Limit one (1) entry per person/e-mail address/business. Applicants must fully complete and submit all data requested in the application in order to be eligible. All entries must include a valid e-mail address for the applicant.
ELIGIBILITY
The program is open only to entrepreneurs who meet the following criteria:
- Applicant should be a woman entrepreneur who owns the largest or equal stake in a business that is majority (51% or more) owned and controlled by women.
- Applicant should be a mother.
- Applicant should be 21 years or older (as of October 1, 2022).
- Applicant should be a resident of New Mexico.
- The company must be formed under United States and New Mexico law and operating in the state of New Mexico.
HOW WINNERS ARE DETERMINED
Round 1: Eligible Applications will be reviewed by members of a committee consisting of some members of the ABQ Mom team and possibly local Comcast representatives.
This contest is now over.
Applications are due by November 1, 2022
Up to five finalists will be selected from among all eligible applicants based on the answers to application questions. If selected as a finalist, you will be contacted by e-mail and/or telephone.
All decisions of the organizer and the review committees with respect to finalists and all other matters pertaining to the program are final and binding and cannot be appealed or challenged.
Round 2: Up to five finalists will be announced to the ABQ Mom community for voting through an online form. One vote per email address will be permitted.
Voting will take place November 3-16.
Winner: The finalist with the most votes wins the $1000 grant for the purpose of growing her business provided by ABQ Mom and Comcast.
The winner will be announced on November 17.
About Our Sponsor
Did you know that you could possibly qualify for FREE Internet service in your home? Check out the details below. And click here to learn more and sign up for Comcast’s Internet Essentials program.
Entries are now closed.
Article Sources:
https://www.nawbo.org/hr-5050-white-paper
https://www.fool.com/the-ascent/small-business/articles/women-in-small-business-statistics-in-the-us/
https://quantic.edu/blog/2021/12/06/how-many-fortune-500-ceos-are-women/
