The go-to page for answers to all questions relating to the application procedure, application form, eligibility criteria, and more.
Unfortunately, to ensure fairness, we are not able to make any exceptions to our eligibility criteria. If you are not eligible on any one of our criteria, we encourage you to consider applying to other programs and funding opportunities.
The company needs to be “for-profit” meaning that it should be structured in such a way as to be self-sustainable by generating sufficient revenue to sustain and grow its activity in the long run. We do not accept applications from non-profit entities. That being said, we do accept applications from for-profit companies that give back a portion of their revenues to charities – as long as the company’s primary goal is to generate revenue.
Furthermore, we also accept applications from business structures such as B corps and Community Interest Companies (CIC) so long as they are not dominantly reliant on donations/grants. It should be further noted that if more than 30% of your financing comes from donation /grants and/or that you have a perpetual need for donations/grants, then your chances of making it past the preliminary screening are very slim.
For Regional Awards, the business should generate annual revenue between $50,000 USD and $5 million USD and employ between 5 and 250 team members (i.e. full-time employees, part-time employees, seasonal workers, or contractors). The business should not have raised more than $2 million USD in equity or quasi-equity financing.
For Science & Technology Pioneer Award, the business should be at least a TRL4, should not have been commercializing its final product/service for more than 5 years, and should not have raised Series A round as of the date of application.
Technology readiness levels (TRLs) are commonly used to estimate the maturity of technologies. The framework enables consistent, uniform discussions of technical maturity across different types of technology. For a detailed description of each TRL, please consult page 50 of this publication, for medical devices consult this table.
An impact-driven business is a business that seeks to create strong, sustainable and measurable social and/or environmental impact. The business must align with at least one of the UN Sustainable Development Goals (SDGs). The SDGs encompass 17 goals set by the United Nations for the year 2030 as a universal call to tackle a series range of social, economic, and environmental challenges.
Deep tech innovations are defined as disruptive solutions built around unique, protected, and hard-to-reproduce technological or scientific advances. Deep tech companies have a strong research base and typically will develop a portfolio of patents. They create value by developing new solutions, not only by disrupting business models.
Technology readiness levels (TRLs) are commonly used to estimate the maturity of technologies. The framework enables consistent, uniform discussions of technical maturity across different types of technology. For a detailed description of each TRL, please consult page 50 of this publication, for medical devices consult this table.
Typically the following are not considered eligible for Science & Technology Pioneer Award:
We accept applications from businesses that are headed by several co-founders, provided your share of the business is greater or equal to that of your co-founder(s).
No, we accept only businesses that have been registered as independent entities and are not affiliated in any way with an established corporation or a similar women's initiative program.
No, your project must be an original business creation, wholly conceived of by the team; a completely new concept, meaning it cannot be a buy-back, offshoot, subsidiary or franchise of an existing concept. The only exceptions are:
Please read the following definitions if you are unsure:
If you are applying to the Regional Awards, you need to have at least 5 team members. Team members can include full-time employees, part-time employees, seasonal workers and contractors. We are looking for businesses with sufficient traction and human resources to start scaling their impact.
No. We only accept applications from one of the founders. The online application should be created using the applicant’s own or the company’s shared email address. The applicant must be the owner of the application and fill all the eligibility criteria. Please consult “Who should apply?” section of the award pages of our website to review our eligibility criteria.
A woman must fill one of the main leadership positions (for example CEO, COO, CTO, General Manager, or Managing Director of the business). A woman must own a share of the business that is greater or equal to that of her co-founder(s).
If you have raised quasi-equity (e.g. SAFE and Convertible Notes), you will be asked to provide estimates of a fully diluted cap table.
No, we do not accept sole proprietorships in which there is no legal distinction between the owner and the business entity and to be eligible for our program. The business entity and its finances must be independent from the founder(s).
We accept holding companies, if your business is set up as a holding company-subsidiary structure, whereby the sole purpose of the holding company is to hold the subsidiary, and the subsidiary is a completely new concept and the only holding of the holding company.
Businesses that have formerly participated in the program are not eligible to apply to the Cartier Women’s Initiative a second time and will be automatically rejected. Furthermore, any cofounder of a business that has formerly participated in the program or any other Cartier entrepreneurship programs is also ineligible.
If your business was not selected in any prior edition, you may apply again, provided that your business fits all the eligibility criteria. All applicants that have been selected as fellows or into any other Cartier entrepreneurship programs are ineligible to apply for future editions.