Sunday, October 25, 2020

FUNDING WOMEN WHO PAY IT FORWARD

Must Read

NRVT’s Happy Halloween ‘Nuttall Street Burglars’ Composition to Ride the Waves Forever

London, UK, October 24, 2020, ZEXPRWIRE, NRVT strikes back with his annual Halloween trick or treat ‘Nuttall Street Burglars’. ...

New Talented Indie Artist Rixh Rose On The Rize

Arkansas, United States, October 24, 2020, ZEXPRWIRE, New talented indie artist RIXH ROSE released debut album ìBig Roseî...

Get Paid Doing Things You Actually Enjoy With Resolvve

Ohio, USA,Oct 24, 2020, ZEXPRWIRE,  Help others, get paid. It’s that simple. Resolvve.com is a social platform where you can earn...

August 6, 2020

More VCs are supporting women founders, and those founders are requiring accounting, legal, and other departments to have women among their ranks.

 

“Many investors supported me because I am a female founder. I have learned to pay that support forward by refusing to do business with all-male legal and accounting firms. We can make it so much further if we not only support women founders but as founders stop spending money with those who do not have diverse teams. We must pay the support given to us forward in order to move ahead,” says Jessica Contreras, CEO of Fuego Fino, Inc.

With this inclusion in mind, Jessica Contreras started the NoahDEX as a way of providing verification and directory services for companies seeking to fall under the banner of  ESG. One major discovery Jessica made was that many female and minority-founded ventures sadly ended with large checks going to non-diverse legal, accounting, and marketing firms, perpetuating the problem.

 “I looked under the hood and found that the largest checks being cut went out to non-diverse professional service providers,” says Jessica Contreras, CEO of Fuego Fino, Inc.

Contreras devised a rating system, and along with her VC partner, Barbara Bickham, built a simple AI-driven model which rates a company’s social impact based upon the diversity of  professional service providers they use–who they spend their money with. A second rating is based on how much the businesses offset their environmental impact. These ratings make up the core of companies in WIF AX.

 

FUNDING WOMEN WHO PAY IT FORWARD

 

“We use our experience in the AI and Blockchain arena to advance both technology and sustainability. We give investors, companies, and other entities a rating score which we then use to evaluate their total impact within the ecosystem. This system helps consumers make better choices and companies become more profitable,” says Barbara Bickham, Managing Partner, WIF AX (Women’s Innovation Fund Accelerator).

About Fuego Fino, Inc.

Fuego Fino, Inc. is a planet-friendly wine and spirits house that specializes in developing the next high-growth product segment. They maximize their revenue potential by minimizing waste and owning a major portion of their supply and distribution networks. 

Fuego Fino’s crowdfunding campaign is live now. For more information, please visit the website. 

Website: https://wefunder.com/fgfino

About the NoahDEX

The NoahDEX derived its name from the biblical story of Noah, who was one of the first people to endure a natural disaster that was related to climate change. Like Noah, we felt that we needed to rebuild this planet, so we built a list (index) of diverse partners to help us do so. Membership on the list allows companies with diversity and environmental goals to attract more business. 

Website: https://noahdex.com

About WIF AX (Women’s Innovation Fund Accelerator)

WIF AX (Women’s Innovation Fund Accelerator) is a Qualified Opportunity/Impact Fund which aims to build female-balanced, sustainable, emerging tech companies. Their goal is to speed growth by using a mix of acceleration, real estate, and business finance. WIF AX’s portfolio companies contain a C-suite made up of at least 50% women and operational plans that contain sustainability considerations.

Website: https://wifax.vc

 

Press Release Distributed by Zex PR Wire.
To view the original version on Zex PR Wire visit FUNDING WOMEN WHO PAY IT FORWARD .

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

NRVT’s Happy Halloween ‘Nuttall Street Burglars’ Composition to Ride the Waves Forever

London, UK, October 24, 2020, ZEXPRWIRE, NRVT strikes back with his annual Halloween trick or treat ‘Nuttall Street Burglars’. ...

New Talented Indie Artist Rixh Rose On The Rize

Arkansas, United States, October 24, 2020, ZEXPRWIRE, New talented indie artist RIXH ROSE released debut album ìBig Roseî...

Get Paid Doing Things You Actually Enjoy With Resolvve

Ohio, USA,Oct 24, 2020, ZEXPRWIRE,  Help others, get paid. It’s that simple. Resolvve.com is a social platform where you can earn...

Why You Must Invest in Bitcoin Now!

United States, Oct 24, 2020, ZEXPRWIRE,  “It’s almost essential for every investor to have at least 1% to 2%...

Play a Song, Video or Read a Book to go on a Date: New App ‘YoueDd’ Launches Updated Version

India, October 23, 2020, ZEXPRWIRE, No one would have thought that finding a friend or a date could be as...

China eyeglasses frames manufacturers Tuesi boasts a range of TR Eyeglasses Frames for 2021 trend Styling

Shenzhen, China, October 22, 2020, ZEXPRWIRE, Because people recognize one by the face, nothing can be a better accessory...

China hair curler manufacturers supply newest L shaped hair curler to Show Charm Curler Arsenal

Shenzhen, China, October 22, 2020, ZEXPRWIRE, Now stylish women need not worry about strains on their arms. Although curly hairs...

China IPL Hair Removal Manufacturers ShowCharm Introduces First Touch Screen Hair Removal Devices

Shenzhen, China, October 22, 2020, ZEPRWIRE, It promises silky smooth skin without the hassles of shaving, waxing, and...

Alternative Replacement of HVCA, EDI, High Voltage Diode, China Manufacturer Supply

China, October 22, 2020, ZEXPRWIRE, HVC supply high voltage diode as alternative replacement of High Voltage Diode from HVCA(...

Toddlers & Tiaras Universal Royalty® Beauty Pageant Strikes Again

Austin, Texas – October 21, 2020, ZEXPRWIRE, Fan favorite Universal Royalty® Beauty Pageant featured on TLC Television Show Toddlers...

Business News

BMW M5 and M5 Competition (2020): Everything about the facelift of the E 63 opponent

After we had the facelift of the normal BMW 5 Series served up about two weeks ago, it is now also the high-performance version....

Pepsi changes its pancake daughter’s brand logo

Pepsi not only produces cola, but also finger food and baking mixes. A brand of the group uses a logo that depicts a woman...

SAP rival disappointed analysts Corona crisis weighs on Oracle business

The cloud business is booming even in Corona times. But weak software demand broke down SAP's competitor, Oracle's sales in the past quarter. The...

Major Lufthansa shareholder Thiele The idiosyncratic self-made billionaire

With assets of 11.4 billion euros, Heinz Hermann Thiele is one of the ten richest Germans. The 79-year-old patriarch has transformed the medium-sized company...