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Spanx CEO donates $5 million to female entrepreneurs

In these unchartered times of quarantine, entrepreneurship may seem harder than ever. Spanx CEO and Founder, Sara Blakely, is teaming up with GlobalGiving to create the Red Backpack Fund. This will give 1,000 female entrepreneurs $5,000 in funding — the same amount Sara had when she started her now very successful business. The fund will support women in their business endeavors in the wake of COVID-19. For sheBOOMers who are interested, click here.

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