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Boundless Futures Foundation Grants $90,000 to Women Entrepreneurs

The Boundless Futures Foundation, founded by Soon and McKeel Hagerty, is on a mission to empower female entrepreneurs who are not only focused on growth but also aim to create a positive impact in society. In its latest quarterly round of giving, the foundation has awarded $90,000 in EmpowHer grants to four innovative female-led companies across three states: Florida, North Carolina, and Pennsylvania.

Since its formation in late 2023, the foundation has made substantial contributions to female entrepreneurs, totaling over $900,000 in grants, which includes $700,000 through EmpowHer and $240,000 through Her Village grants aimed at supporting nonprofits that uplift women in business.

The Grantees

This round of grants focuses on companies that tackle pressing social issues and contribute to sustainability efforts. Here’s a closer look at the recipients:

1. Cosmos' Lounge (Bradford, Pennsylvania)
- Founder: Ashly Colosimo
- Grant Amount: $15,000
- Mission: Cosmos' Lounge serves as a creative and multipurpose center for teens, offering after-school programs, workshops, and community empowerment initiatives. It aims to engage young people through arts, DIY projects, and games while nurturing their leadership skills in the community.

2. GrassJoy (Ellenboro, North Carolina)
- Founder: Jo-Anne Barr
- Grant Amount: $25,000
- Mission: GrassJoy produces organic, grass-fed gelatin snacks free from artificial ingredients. The company promotes healthy eating habits and aims to influence improvements in food standards within hospitals and beyond.

3. MyBeeBear (Miami, Florida)
- Founder: Elena Shamanova-Ducoin
- Grant Amount: $25,000
- Mission: MyBeeBear focuses on creating reusable, eco-friendly underwear designed for potty training, providing a sustainable alternative to disposable diapers, which contribute significantly to landfill waste.

4. Sable Fermentation (Wake Forest, North Carolina)
- Founder: Toni Bucci
- Grant Amount: $25,000
- Mission: Sable Fermentation specializes in biomanufacturing products that enhance food security while promoting environmental sustainability. The company supports agricultural biotechnology research, helping to make food systems more resilient.

Future Aspirations

The Boundless Futures Foundation not only provides funding but also connects grantees with an Advisory Circle composed of experienced female entrepreneurs. This network offers additional resources such as mentorship, skills-building opportunities, and networking prospects to support their journey in the business landscape.

Soon Hagerty, co-founder and president of the foundation, expresses a strong commitment to continue breaking down barriers for female founders. “The more than 45 female founders and nonprofits we support continue to inspire us, showcasing their determination to build businesses that prioritize both growth and social good,” she remarked.

As the foundation enters its third year, the progress toward empowering female entrepreneurs remains a significant focus, ensuring a sustained impact on social issues through innovative business solutions.

Interested parties can learn more about Boundless Futures Foundation, explore past grantees, or apply for funding by visiting boundlessfutures.org.

Conclusion

By granting financial resources and fostering a supportive community, Boundless Futures Foundation is paving the way for a new generation of female entrepreneurs who are determined to make a meaningful difference in their communities and beyond.