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The Red Backpack Fund

Besides creating one of the most revolutionary shape-wear garment companies, Sara Blakely, has wowed me again!

Today they launched The Red Backpack Fund- Spanx’s founder, Sara Blakely, is donating $5 million directly to female entrepreneurs to help their businesses, families and employees!

“Since its inception, Spanx and The Spanx by Sara Blakely Foundation have been dedicated to elevating and supporting women through entrepreneurship. Knowing the ripple effect that empowering women can have to strengthen neighborhoods, cities and countries, The Spanx by Sara Blakely Foundation donated $5 million to support female entrepreneurs in the wake of COVID-19 and teamed up with GlobalGiving to establish the Red Backpack Fund. GlobalGiving will be overseeing the fund, making 1,000 grants of $5,000 each to female entrepreneurs in the U.S. to help alleviate the immediate needs and support the long-term recovery of those impacted by this crisis.”

Over the course of the next few months, they will award female entrepreneurs $5,000 towards their businesses affected by COVID-19. WOW! If you know someone who should apply, click here.

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