Babson College, a New England Council member, announced recently that it will open an extension of its Women Innovating Now (WIN) startup accelerator in Miami, FL. The expansion is being made possible by a grant from the John S. and James L. Knight Foundation.
WIN Lab helps to support and connect women entrepreneurs as they establish their own businesses. Since first launching in Boston in late 2013, over 40 participants have benefitted from the tools offered by WIN Lab. The program has also been recognized by many organizations, including the U.S. Association for Small Business and Entrepreneurship and the Rosoff Awards for diversity. The Miami extension is expected to open this fall with about 20 participants in the first class.
“WIN Lab helps to correct an imbalance that threatens America’s ability to compete in the global economy. Women represent half of the world’s population, create innovative companies in a broad range of sectors, and often see different opportunities than their male counterparts. By unintentionally leaving women out of the entrepreneurship equation, the economy is fighting with one hand behind its back,” said Susan Duffy, executive director at the Center for Women’s Entrepreneurial Leadership at Babson.
The New England Council applauds Babson’s work to cultivate the next generation of women entrepreneurs.