Empowering Female Entrepreneurs: Unlock Her Future Prize 2025
The Bicester Collection Launches Unlock Her Future Prize 2025
The Bicester Collection is excited to announce its third edition of the Unlock Her Future Prize, dedicated to supporting female social impact entrepreneurs. This year, the initiative will focus on South Asia, driving change through identifying and empowering women with innovative start-up ideas.
A Global Initiative for Women Entrepreneurs
Every year, the Unlock Her Future Prize travels to different regions to foster women's entrepreneurship. The 2025 edition invites applications from aspiring female entrepreneurs from Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. Women aged 18 and above, who possess a unique and impactful business idea aligned with the United Nations Sustainable Development Goals, are encouraged to apply.
Eligibility and Application Process
Applicants may have start-ups in various stages: from the idea/validation stage, where they possess a tested prototype, to the launch or growth stage for businesses operational for less than three years and under $1 million in revenue.
Incredible Opportunities for Winners
Winners of the Unlock Her Future Prize will be awarded a substantial business grant of up to $100,000, tailored executive education via the illustrious Oxford University’s Saïd Business School, and personalized leadership coaching aimed at fulfilling their aspirations. Furthermore, they will connect with seasoned mentors and gain visibility through The Bicester Collection’s extensive global network.
Historical Context and Ongoing Impact
This prestigious prize was launched in 2022 after research highlighted the economic benefits of greater female representation in entrepreneurship. If equal opportunities were provided, it is estimated the global GDP could see a rise of 3% to 6%, amounting to approximately $5 trillion. Yet, only a small fraction of venture capital funding is awarded to women-led businesses.
Building a Legacy of Change
The Unlock Her Future Prize, as a part of The Bicester Collection’s DO GOOD philanthropic initiative, is committed to bridging the gap and fostering an equitable environment for women entrepreneurs worldwide. Over the past years, approximately $600,000 has been dedicated to this vision, with numerous successful start-ups emerging from previous editions.
A Strong Network of Female Leaders
Past winners have made significant strides in various communities, including Valentina Agudelo from Colombia and Kristal del Valle from Guatemala among others. They have become part of an inspiring network of female changemakers who continue to effect positive change.
Voices Behind the Movement
Chantal Khoueiry, Chief Culture Officer at The Bicester Collection, stated, "We aim to create destinations where experiential retail meets purpose. Unlocking the potential of women is foundational to our mission. We provide essential tools to help them succeed. Our vision is to empower women to launch impactful businesses and foster sustainable growth that will benefit future generations."
Partnerships for Change
Ashoka South Asia’s leader, Shruti Nair, expressed enthusiasm about the partnership, highlighting the importance of advancing the roles of women and girls in society. She emphasized that initiatives like the Unlock Her Future Prize will inspire aspiring female changemakers.
Finalists and Selection Process
Finalists will be selected by a committee of international leaders in business and social impact and will showcase their innovations at a pitch event later this year. The winners will be celebrated at a ceremony coinciding with The Bicester Collection's anniversaries.
Applications Open Now
Applications for the Unlock Her Future Prize South Asia Edition are now open until 10 March 2025. Those interested in this opportunity should prepare their applications and submit them promptly.
About The Bicester Collection
The Bicester Collection, founded in 1995, has continually redefined luxury retail by offering unparalleled experiences across its renowned destinations. With locations across Europe, China, and the US, The Collection unites its guests and partners to instigate meaningful change. Through its DO GOOD programme, it focuses on driving social change aligned with the United Nations' Sustainable Development Goals, specifically aiming at creating better opportunities for women and children globally.
About Oxford University's Saïd Business School
Oxford University’s Saïd Business School is a prestigious institution renowned for its innovative business education and commitment to develop leaders capable of effecting meaningful change in the world.
About Ashoka South Asia
Ashoka has a long-standing reputation for fostering social entrepreneurship and innovation globally, aiming to cultivate a society where everyone has the power to make transformative contributions.
Frequently Asked Questions
What is the Unlock Her Future Prize?
The Unlock Her Future Prize is an annual competition focused on empowering female entrepreneurs to launch and grow impactful start-ups.
Which countries can apply for this prize?
Women entrepreneurs from Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka are eligible to apply.
What benefits do the winners receive?
Winners will receive business grants, executive education, leadership coaching, mentorship, and exposure to The Bicester Collection’s global network.
How are finalists selected?
Finalists are chosen by a committee of international business leaders and social impact experts, followed by a pitch day.
When is the application deadline?
The application period runs until 10 March 2025.
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