Huggies, a Kimberly-Clark Company, launched its new site called http://www.huggiesmominspired.com/ last month. This site was created to inspire business minded moms to submit new business ideas for the opportunity to receive up to $250,000 in capital and resources to bring their ideas to market. While gathering new business ideas is the key focus of this outreach, strengthening relationships with its customers is also a projected result.
Women entrepreneurs are increasingly populating the market with innovative business ideas. According to research the National Association of Women Business Owners, 10.1 million firms are owned by women (50% or more), employing more than 13 million people, and generating $1.9 trillion in sales as of 2008. Only a small percentage of these firms were funded with venture capital. With the venture capital funding program that Kimberly-Clark is offering, entrepreneurial moms will be given opportunity to properly fund their business startups and legally protect their innovative ideas. This may be the solution that many are looking for.It’s a win-win for both Kimberly-Clark and Momtrepreneurs. So moms, get your ideas and submit them for your chance to turn your idea into a successful reality without tapping into your children’s college fund. For more information on this opportunity, visit the Kimberly Clark website.
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