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Introduction to the HBAR Foundation Female Founders Fund

Published By
Min Kim
March 11, 2022

The HBAR Foundation (THF) team recognizes that women founders are an underserved, underrepresented group across technology and wants to take steps to make sure that we are providing opportunities for everyone to contribute. THF intends to encourage more diversity, support and incentivization of women to join the Hedera ecosystem via the launch of the HBAR Foundation Female Founders Fund. Jennifer Kim, Founder/CEO of SEUNwater and Blockheads Development, will lead and manage the Female Founders Fund, which is a market development fund established by THF to provide funding to female-owned seed stage projects to later stage companies building on Hedera.

The goal of the Female Founder Fund is to encourage more women to bring their ideas and projects to Hedera and Web3. Jennifer Kim has over 20 years in marketing, sales, business operations and software development, and  has solely worked on blockchain-related applications and projects since 2017. In January 2020, Jennifer and her company joined Hedera Hashgraph's Boost Program shortly after Google joined the Governing Council. Jennifer also actively recruits colleagues and former classmates to use Hedera and has recommended four startups to the HBAR Foundation Grant Program so far. In addition, Jennifer has participated in Hedera Hackathon 21, presented SEUNwater to the governing council, is a Hedera MVP, and often connects Hedera to speaking opportunities.

The Female Founders Fund will fund 5-10 projects. With the support from THF, Jennifer will promote the Female Founders Fund to the Hedera community to generate more interest among women to apply for a grant. The Female Founders Fund team will vet the merits of applicants and where necessary guide teams to develop relevant, actionable plans that can be delivered within the time & budget constraints of a potential grant.

To apply for an HBAR grant as a female founder, apply online at www.hbarfoundation.org/apply

About the HBAR Foundation

Founded in 2021, the HBAR Foundation fuels the development of the Hedera ecosystem by providing grants and other resources to developers, startups, and organizations that seek to launch decentralized applications in DeFi, NFTs, CBDCs, Sus, gaming, and other sectors. In addition to providing funding through a streamlined grant process, the HBAR Foundation acts as an integrated force multiplier through expert support across technical, marketing, business development, and other operational functions that are required to scale. 

To apply for a grant from the foundation, please visit https://www.hbarfoundation.org/apply or follow the Foundation on Twitter @HBAR_foundation.