The Reddix Rules Fund

The ARDX Foundation and ELG Management present

The Reddix Rules Fund: Creating a Millionaire

Dr. Angela D. Reddix is an award-winning business woman, USA Today & Wall Street Journal Best-Selling Author, TEDx speaker, Forbes Business Council Member, and Director of the Hodge Center for Entrepreneurship at Norfolk State University.  Dr. Reddix has grown her healthcare management and IT consulting firm into a multi-million-dollar operation with approximately 100 employees with 15 years in business.

In the midst of the global health crisis COVID-19, Dr. Angela Reddix is once again taking the lead to support female entrepreneurs through a grant called The Reddix Rules Fund. This grant is intended to assist women of color-owned small businesses, giving them the opportunity to thrive as successful business owners and leaders.

Helping Women Conquer the Pandemic

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.  Faced with the possibilities of closing businesses, owners have had to reinvent themselves and or change their trajectory with little or no resources.

In this special year of The Reddix Rules Fund, Dr. Reddix would like to encourage small women-owned businesses who are interested in government contracting to apply.  Dr. Reddix is excited to share her secrets of making more than $175 million in government contracts and provide these 10 small women of color-owned businesses the opportunity to successfully grow their business using her secrets, knowledge, mentorship, and training.

Dr. Angela Reddix is celebrating 15 years in business this year of 2021. In honor of those 15 years in business and to celebrate the second year of The Reddix Rules Fund, Dr. Angela Reddix is giving back once again to female entrepreneurs. This year, The Reddix Rules Fund will consist of a 10-hour entrepreneurship program, 10 hours of mental wellness coaching to build resilience, and monetary awards valued at $20,000, with a pitch competition finale.

It is the mission of Dr. Angela Reddix to uplift women in her local community by showing them the power that we as small women-owned businesses still have to help out our local communities. Dr. Reddix has been dedicated to elevating and supporting women through entrepreneurship. She is the Founder of her nonprofit Envision Lead Grow. The Reddix Rules Fund blends Dr. Reddix’s passion for Envision Lead Grow with the mental health work being done for the ARDX Foundation. Angela has developed a devotion to creating the next generation of girl entrepreneurs and leaders.

Final grant recipients will be notified starting May 9th until May 18th.

For more details about The Reddix Rules Fund, please visit the FAQ page.

APPLICATION FOR 2021 IS NOW CLOSED

We have received an overwhelming response from talented applicants in the Hampton Roads area.  We are currently reviewing applications and the 2021 Cohort #2 will be announced starting on May 9th.  Thank you to all who entered!