Reddix Rules Fund

The 2022 COHORT 3 registration is now open for:

Virginia-based women-of-color business owners that are ages 40 & forward!

Reddix Rules Cohort 3 is proudly supported by our Partners & Sponsors

Diamond Presenting Sponsor:

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Sapphire Partner:

kw brown ministries

Ruby Partner:

Reddix Rules Cohort 3 is brought to you by the ARDX Foundation and ELG Management Group:

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ELG Management Group - Bloom Where You're Planted

Driven with a vision and passion to teach and lead women to greatness, the third cohort of Reddix Rules is back and stronger than ever!

Reddix Rules Cohort 3, an entrepreneur grant and training program, will launch in May of 2022 to empower and develop 10 women-of-color entrepreneurs. This initiative is led by Dr. Angela D. Reddix, an innovative leader, community builder, successful entrepreneur, and proven entrepreneur coach. After 15 years in business, she is mission-driven to continue to teach, lead, and develop with greater impact.

The Reddix Rules program was initially launched in the midst of COVID-19 to assist black-owned businesses that were brutally impacted by the global health crisis. According to an October 2020 article in Forbes magazine, Black women make up 42% of new women-owned businesses. We will continue creating history by increasing the number.  However, the article also shared the brutal impact of COVID-19 citing 41% of Black-owned businesses had failed, compared to 17% of white-owned businesses.  It’s time to change that narrative and keep WOC-owned businesses flourishing while developing communities. Faced with the possibilities of closing businesses, owners have had to reinvent themselves and or change their trajectory with little or no resources.

Keeping Dr. Angela’s Billionaire Movement top-of-mind, Reddix Rules will transform communities of poverty into communities of prosperity by pushing sustainable businesses to expand the workforce and create jobs. Dr. Reddix is inspired to support 1,000 women of color to become millionaires equating to a value of $1 billion in business.

Supporters of Dr. Angela’s Billionaire Movement and Reddix Rules Cohort 3 contribute to this inspirational shift by sponsoring this year’s Reddix Rules Cohort 3. Thank you to Bank of America for being our Platinum sponsor for the 20022 Cohort!

PROGRAM DETAILS

Designed to empower 10 small women-of-color businesses in the U.S., Reddix Rules Cohort 3 will have three (3) key components to assist these owners through an immersive entrepreneurship training, mental wellness coaching, and mentorship. Each participant receives $500 and enters into a Pitch Competition that awards $20K for a total of $25K in business funding. This type of investment of knowledge, leadership, and monetary support helps develop businesses while transforming communities by giving opportunities for more jobs.

Toal prizes amount totaling $25K

KEY DATES

APPLICATION DATE:  APRIL 1, 2022

APRIL 30: Last day to submit application

GOLDEN TICKET DATE:  MAY 19, 2022

ON-SITE IMMERSION TRAINING:  AUGUST 1, 2022

GRADUATION CEREMONY:  AUGUST 12, 2022: Noon – 3pm

QUALIFICATIONS FOR REDDIX RULES COHORT 3

  • Established women-of-color Virginia-based business owners
  • We’re proudly are empowering women ages 40 and forward
  • Established EIN number
  • Minimum annual sales of $50K and eager to achieve scalability
  • Submit a video entry with your unique story and your purpose to building your business

Registration is now closed and the new Cohort will be announced soon!

COHORT #3: Creating a Millionaire

Throughout the program, the participants will learn from experts, meet with mentors, and build the emotional strength necessary to succeed in business. The culmination will be the pitch competition, where the winning participant will receive $12,500, with additional prizes for the runner-ups.

Interested in sponsoring this event? Contact Us!

Dr Angela D Reddix

Dr. Angela D. Reddix

Founder & CEO, ELG Management Group

Testimonials from previous Cohorts…