On August 15 and 16, Boss Women Media and Capital One will come together to host the second annual Black Girl Magic Summit, a virtual event and pitch competition focused on connecting and empowering Black female business owners, entrepreneurs, and corporate professionals.
“According to a recent study, last year, 1,817 women-owned businesses launched every day in the United States. Among those businesses, 42 percent of them were started by Black women,” Boss Women Media Founder and CEO Marty McDonald said in a statement. “Our mission is to create a space for Black women and empower them as leaders in communities across the country.”
Founded by McDonald, Boss Women Media is an online membership platform and women’s empowerment and educational community. The organization is focused on connecting women to “discuss pathways on how to develop the career of their dreams” according to a statement.
The Black Girl Magic Virtual Summit will have classes and events on topics such as raising capital, investing, work, mental health, and generational wealth, along with leadership panels and workshops to provide resources for event attendees to start their businesses. The event will also include speakers and special guests, including Tia Mowry, an actress and entrepreneur; Meagan Good, an actress; Sheinelle Jones, a host on the Today Show; and Elaine Welteroth, a New York Times bestselling author, journalist, and Project Runway judge.
Black Girl Magic attendees will have the chance to network with other Black women virtually and the first 5,000 women to sign up receive a “Boss Box” in the mail filled with items to help “make the event come to life,” according to the Black Girl Magic Tour website.
In partnership with Capital One, Boss Women Media is dedicating a total of $50,000 to invest in summit attendees and their business ventures through a pitch competition. During the virtual event, attendees have the opportunity to pitch their business ideas live to a panel of judges. Five finalists will be selected and three women will go home with $25,000, $15,000, and $10,000 grants respectively.
“We’re honored to work alongside Boss Women Media to bring women of color together to discuss how best to navigate adversities and prioritize financial, physical, and emotional wellbeing in times of crisis. Understanding that when women come together under a shared purpose like the Black Girl Magic Summit—innovative solutions are sure to follow,” Celia Edwards Karam, the chief audit officer at Capital One, said in a statement.
Those interested can sign up for the digital summit here.
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