$100M fund supports businesses owned by women of color | Report: Being part of a business community helps women entrepreneurs | Theresia Gouw's path to venture capital success
July 11, 2018
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$100M fund supports businesses owned by women of color
The New Voices Fund, a $100 million fund launched by Unilever and Sundial Brands, is working to support businesses owned by women of color. Among the companies it is backing are Beauty Bakerie, which makes cruelty-free cosmetics, and Envested, an enterprise software startup.
Forbes (7/9),  Black Enterprise (7/6) 
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Business Trends
Report: Being part of a business community helps women entrepreneurs
Women founders who are a part of a business community tend to have a better outlook on their business thanks to the support such communities offer, finds a report commissioned by Facebook.
SmartCompany (Australia) (7/11),  The Telegraph (London) (tiered subscription model) (7/2) 
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Theresia Gouw's path to venture capital success
Theresia Gouw, who was the first woman investor at Accel Partners, a co-founder of Aspect Ventures and a founding member of All Raise, has become the wealthiest woman in venture capital. Here's a look at her path to success.
Forbes (7/11) 
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Small Business Spotlight
Startup fashion brand has a larger purpose
Struggles with self-esteem inspired model Holly Kiser to launch fashion brand IMPERFKT to celebrate "beauty in all its unique shapes and forms." Kiser sells her designs online, and the brand has recently made its way into several shops in the Los Angeles area.
The Coalfield Progress (Norton, Va.) (7/7) 
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Social Media Buzz
The benefits of ad transparency on Twitter, Facebook
Tereza Litsa examines the new ad transparency policies and features launched by Twitter and Facebook and shares insights on how marketers will be affected. One of the biggest benefits will be being able to review the ads of competitors, including creative, planned campaigns and formats, she writes.
ClickZ (7/9) 
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NAWBO (R) News
NAWBO National installs 2018-2019 Board of Directors in Washington, D.C.
The National Association of Women Business Owners® (NAWBO) appointed Molly Gimmel, of Design to Delivery, to Chair of the 2018-2019 Board of Directors. The incoming Board of Directors' plans will strengthen NAWBO's initiatives of providing educational programs and resources women entrepreneurs need to be successful in all stages of business growth.

The 2018-2019 NAWBO National Board of Directors will be composed of: Molly K. Gimmel Chair; Kathleen Warnick Past Chair; Chair Elect; Jeanette Armbrust, Tanya R. Allen, Cristina Morales Heaney, Shaila Rao Mistry, Susan L. Dawson Lydia Chicles and Karen Bennetts. At the National Women's Business Conference hosted by NAWBO being held September 23-25 in Spokane, Washington, the National Board will be introduced to members and partners.
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Don't wait to get started on branding
Waiting too long to focus on branding can create confusion in the marketplace, writes Brian Hughes, CEO of Integrity Marketing & Consulting. He describes several low-cost tools that can help with designing a logo, setting up a website and developing a style guide.
Entrepreneur online (7/9) 
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Best Practices
Poshmark co-founder: Teams need to see a confident leader
Leaders have a responsibility to their teams to exude confidence, says Tracy Sun, a co-founder of Poshmark. "Lack of conviction as a leader may not only cause your team to lose faith in a project, but can decrease their confidence making their own decisions," she says.
Forbes (6/28) 
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Becoming a manager isn't about building a persona
Becoming a manager isn't about building a persona
New managers often make the mistake of dwelling on how they're seen and their persona instead of focusing on the team's needs, Eileen Hoenigman Meyer writes. "The challenges of leadership will reveal the real you anyway, so why not start from an authentic place?" she writes.
Glassdoor (6/29) 
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Policy Update
Trump's Supreme Court nominee viewed as pro-business
President Donald Trump has nominated Brett Kavanaugh, a judge at the US Court of Appeals for the District of Columbia Circuit, to succeed Supreme Court Justice Anthony Kennedy, who is retiring. Kavanaugh is seen as pro-business and has criticized the way federal agencies issue rules not clearly authorized by Congress.
MarketWatch (7/10),  Fortune (7/10),  Reason online (7/9) 
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N.C. nonprofits build confidence in middle-school girls
The Women's Professional Forum Foundation and two other nonprofit partners have introduced Girls Leadership Edge, an interactive curriculum that instills confidence and leadership skills in middle-school girls in Guilford County, N.C. "The girls have been able to build really strong relationships with each other while having open dialogue about how to become a courageous, compassionate and confident girl," says GLE facilitator Kristen Tuma.
The News & Record (Greensboro, N.C.) (7/6) 
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Anyone who intends to present a new story must approach the problem in a new way and speak so persuasively that the tale brings pleasure to people.
Marie de France,
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About NAWBO®
Founded in 1975, NAWBO® propels women entrepreneurs into economic, social and political spheres of power worldwide. Thirty years later, NAWBO® is still the only organization that solely represents the interest of women entrepreneurs in all industries. NAWBO® and Women Mean Business™ are registered trademarks of the National Association of Women Business Owners. For more information, please visit www.nawbo.org.
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