Founders Fund: Impact Fund by Encircled – The Founders Fund

Impact Fund Powered by Encircled

The $5,000 CAD Impact Fund is generously sponsored by Encircled.

The Encircled Impact Fund brings funding and resources to underrepresented women owned businesses that have a social purpose mission through a product based business.

APPLY HERE


CRITERIA

  • Woman, non-binary or underrepresented gender
  • Socially conscious e-commerce product based company
  • Under 5 years of operations

RECIPIENT WILL RECEIVE:

$5,000 CAD to allocate to any area of the business they see fit (no payback, no equity, just no strings attached, accessible funding) 

Monthly mentor sessions with:

Bimonthly impact check ins to support:
  • Tracking impact metrics
  • Aligning impact to branding and marketing efforts
  • Preparing for benefit corporation status (optional) 


ADDITIONAL APPLICANT SUPPORT

 Support Session 1: Ethos & Purpose [watch HERE] [Aug.12 recording date]

Support Session 2: Communicating Leader Capabilities [watch HERE] [Aug.19 recording date]

Support Session 3: Impact Metrics [watch HERE] [Aug.26 recording date]

Support Session 4: Video Pitching

[watch HERE] [Sept.8 recording date]


If you require language or accessibility support please connect with our team at hello@foundersfund.ca


TIMELINE

Aug.10th Applications open

Sept.11th Applications close (11:59 EST)

Sept.14- Oct.18th Selection committee scoring process underway 

Oct.19-21st Recipient contacted

Nov.2-6th Recipient announced publicly + recipient featured on Founders Fund social media

Nov-April Monthly mentor check meetings
 

About Encircled

Encircled takes a slow and mindful approach to sustainable fashion design, producing garments that are versatile, stylish, lightweight and focus on comfortable fabrics that travel well. 

 

Encircled is an ethical-fashion brand on a mission to change the way women travel and live. Encircled creates modern, versatile essentials for women from earth-friendly materials that are beautifully soft, high quality and good for the planet. Encircled embraces the notion of transparency in it's entire business, in an industry notorious for secrecy. Encircled is proudly 100% sweatshop-free and makes all of their clothing locally in Toronto, Canada using fairly paid labour.