NEW PARTNERSHIP PROVIDES TRANSFORMATIVE GRANTS
TO EMPOWER CONFIDENCE
IRVINE,
Calif., March 8, 2023 /PRNewswire/ -- In honor of
International Women's Day, Allergan Aesthetics, an AbbVie company
(NYSE: ABBV) today announced that BOTOX® Cosmetic is
partnering with IFundWomen, the go-to funding marketplace for
women-owned businesses, on a grant program. Women entrepreneurs can
apply for the opportunity to receive one of 20 grants worth
$25,000 each, as well as a year of
coaching and mentorship to boost confidence, advance knowledge, and
inspire action.
The goal of the partnership is to help address the "Confidence
Gap" among rising women entrepreneurs. In the U.S., women hold more
than half of all management and professional level jobs, but they
fall behind men in terms of their representation in leadership
roles across various industries,1 including
medicine1-2 and financial services.3-4
"Women are empowered, strong, and confident. Sometimes all that
is needed for success is a little support," said Carrie Strom, President, Global Allergan
Aesthetics and Senior Vice President, AbbVie. "Allergan Aesthetics,
the maker of BOTOX® Cosmetic, is focused on empowering
confidence through choices backed by science. This partnership and
grant program is a natural fit with our brand as is supporting the
entrepreneurial ambitions of women. We are committed to enabling
the women leaders of tomorrow by giving them the tools for success
today."
While women make up approximately 42 percent of all business
owners in the U.S.,5 on average, they start with about
50 percent less working capital6 and receive
approximately two percent of all venture capital
funding,7 with women of color founders receiving less
than one percent of funding.8 These disparities lead to
feelings of inadequacy and reinforce the "Confidence Gap," which
can impede the success and growth of their businesses.
"Success depends as much on confidence as it does on
competence," said Karen Cahn, Founder, and Chief Executive
Officer of IFundWomen. "Despite the many advancements women
entrepreneurs have made because of their high levels of competence,
the 'Confidence Gap' still very much exists. This is especially
true for women founders who struggle to secure funding to grow
their businesses. These grant programs provide the funding,
mentorship, resources, tools, and connections that create better
business outcomes. Being selected for a grant like this is key to
changing the ratio and closing the 'Confidence Gap.'"
"This is an important program for women entrepreneurs of every
sector and I'm looking forward to being on the advisory board for
this program," said Caroline
Robinson, MD, FAAD, Board-Certified Dermatologist and
Founder of Tone Dermatology. "Being a woman physician and a
business owner, I can say the 'Confidence Gap' is real, but it's
also something that can be overcome. With BOTOX®
Cosmetic and IFundWomen, the opportunity for grants, coaching, and
mentorship help make that path more straightforward for women
entrepreneurs."
The advisory board consists of entrepreneur healthcare
professionals who will aid in the selection of the grant
recipients. Board members are Camille G.
Cash, MD, Board-Certified Plastic Surgeon and Founder of
Camille G. Cash, MD Aesthetic
Plastic Surgery; Shawna Chrisman,
Nurse Practitioner and CEO of Destination Aesthetics™; Michelle Henry, MD, FAAD, Board-Certified
Dermatologist, Mohs Surgeon and Founder of Skin & Aesthetic
Surgery of Manhattan; Terrence Keaney, MD, FAAD, Board-Certified
Dermatologist and Founder of SkinDC; Caroline Robinson, MD, FAAD, Board-Certified
Dermatologist and Founder of Tone Dermatology; Sherly Soleiman, MD, Board-Certified Physician
and Founder and Medical Director of Cosmetic Injectables Center;
and Yvette Suarez, MD,
Board-Certified Physician and Founder and Owner of Bella
Excellence.
Applications are open through April 7,
2023, and entrepreneurs are highly encouraged to apply via
ifundwomen.com/BOTOXCosmetic for the chance to be one of 20 grant
recipients who will receive $25,000
in funding for their business, in addition to mentorship, coaching,
and more. Applicants are required to agree to the Official Rules of
the grant program. The recipients will be announced
in June. By establishing this connection and goodwill
today, the hope is to lead future women entrepreneurs to become
empowered advocates within their community for long-term impact
tomorrow.
Visit BotoxCosmetic.com/RealImpact to learn more about this
partnership and follow along on the @botoxcosmetic Instagram and
YouTube channels to help women fund their businesses.
BOTOX® COSMETIC IMPORTANT SAFETY
INFORMATION
BOTOX® Cosmetic may cause serious side effects
that can be life threatening. Get medical help right away if you
have any of these problems any time (hours to weeks) after
injection of BOTOX® Cosmetic:
- Problems swallowing, speaking, or breathing, due to weakening
of associated muscles, can be severe and result in loss of life.
You are at the highest risk if these problems are pre-existing
before injection. Swallowing problems may last for several
months.
- Spread of toxin effects. The effect of botulinum toxin may
affect areas away from the injection site and cause serious
symptoms including: loss of strength and all-over muscle weakness,
double vision, blurred vision and drooping eyelids, hoarseness or
change or loss of voice, trouble saying words clearly, loss of
bladder control, trouble breathing, and trouble swallowing.
BOTOX® Cosmetic dosing units are not the same as,
or comparable to, any other botulinum toxin product.
There has not been a confirmed serious case of spread of toxin
effect when BOTOX® Cosmetic has been used at the
recommended dose to treat frown lines, crow's feet lines, and/or
forehead lines.
BOTOX® Cosmetic may cause loss of strength or general
muscle weakness, vision problems, or dizziness within hours to
weeks of taking BOTOX® Cosmetic. If this happens, do
not drive a car, operate machinery, or do other dangerous
activities.
Serious and/or immediate allergic reactions have been
reported. They include: itching, rash, red itchy welts,
wheezing, asthma symptoms, or dizziness or feeling faint. Get
medical help right away if you are wheezing or have asthma
symptoms, or if you become dizzy or faint.
Do not receive BOTOX® Cosmetic if you: are
allergic to any of the ingredients in BOTOX® Cosmetic
(see Medication Guide for ingredients); had an allergic reaction to
any other botulinum toxin product such as Myobloc®
(rimabotulinumtoxinB), Dysport® (abobotulinumtoxinA), or
Xeomin® (incobotulinumtoxinA); have a skin infection at
the planned injection site.
Tell your doctor about all your muscle or nerve
conditions, such as ALS or Lou
Gehrig's disease, myasthenia gravis, or Lambert-Eaton syndrome, as you may be at increased
risk of serious side effects including difficulty swallowing and
difficulty breathing from typical doses of BOTOX®
Cosmetic.
Tell your doctor about all your medical conditions,
including: plans to have surgery; had surgery on your face;
have trouble raising your eyebrows; drooping eyelids; any other
abnormal facial change; are pregnant or plan to become pregnant (it
is not known if BOTOX® Cosmetic can harm your unborn
baby); are breast-feeding or plan to (it is not known if
BOTOX® Cosmetic passes into breast milk).
Tell your doctor about all the medicines you take, including
prescription and over-the-counter medicines, vitamins, and herbal
supplements. Using BOTOX® Cosmetic with certain
other medicines may cause serious side effects. Do not start any
new medicines until you have told your doctor that you have
received BOTOX® Cosmetic in the past.
Tell your doctor if you have received any other botulinum toxin
product in the last 4 months; have received injections of botulinum
toxin such as Myobloc®, Dysport®, or
Xeomin® in the past (tell your doctor exactly which
product you received); have recently received an antibiotic by
injection; take muscle relaxants; take an allergy or cold medicine;
take a sleep medicine; take aspirin-like products or blood
thinners.
Other side effects of BOTOX® Cosmetic include:
dry mouth; discomfort or pain at the injection site; tiredness;
headache; neck pain; and eye problems: double vision, blurred
vision, decreased eyesight, drooping eyelids and eyebrows, swelling
of your eyelids and dry eyes.
APPROVED USES
BOTOX® Cosmetic is a prescription medicine that is
injected into muscles and used to temporarily improve the look of
moderate to severe forehead lines, crow's feet lines, and frown
lines between the eyebrows in adults.
For more information refer to the Medication Guide or talk with
your doctor.
To report a side effect, please call Allergan at
1-800-678-1605.
Please see BOTOX® Cosmetic full Product Information
including Boxed Warning and Medication Guide.
About Allergan Aesthetics
Allergan Aesthetics, an
AbbVie company, develops, manufactures, and markets a portfolio of
leading aesthetics brands and products. Their aesthetics portfolio
includes facial injectables, body contouring, plastics, skin care,
and more. Their goal is to consistently provide customers worldwide
with innovation, education, exceptional service, and a commitment
to excellence, all with a personal touch.
About AbbVie
AbbVie's mission is to discover and
deliver innovative medicines that solve serious health issues today
and address the medical challenges of tomorrow. We strive to have a
remarkable impact on people's lives across several key therapeutic
areas: immunology, oncology, neuroscience, eye care, virology,
women's health and gastroenterology, in addition to products and
services across its Allergan Aesthetics portfolio. For more
information about AbbVie, please visit us
at www.abbvie.com. Follow @abbvie on Twitter, Facebook,
Instagram, YouTube and LinkedIn.
About IFundWomen
IFundWomen is the go-to funding
marketplace for entrepreneurs, with a mission to close the money
gap for women-owned businesses through its proprietary mix of
capital, coaching, and connections. Since its founding, IFundWomen
has empowered its members to raise $278M in early-stage capital and to create 55,000
new jobs, helping fuel the small businesses economy. IFundWomen's
marketplace offers its members multiple access points to capital,
including crowdfunding, enterprise-brokered grants, collateral-free
loans, and the best funding of all – revenue, through its newest
product, IFundWomen ServicesX, a marketplace connecting independent
business services experts to customers. To learn more about
IFundWomen, please visit www.ifundwomen.com. Follow @ifundwomen on
LinkedIn, Instagram, Facebook, Twitter, and TikTok.
References
- U.S. Bureau of Labor Statistics, "Labor Force Statistics from
the Current Population Survey: Employed persons by detailed
occupation, sex, race, and Hispanic or Latino ethnicity."
2022.
- Association of American Medical Colleges, "Table 10: 2015
Benchmarking—Permanent and Interim Decanal Positions" (2016)
- Catalyst, "Women In Financial Services," 2020.
- Claire Zillman, "With First
Woman CFO Dhivya Suryadevara, GM Enters Rare Fortune 500
Territory," Fortune, 2018.
- National Women's Business Council. Annual Report. 2021.
- National Women's Business Council. Access to Capital by
High-Growth Women-Owned Businesses. 2014.
- PitchBook. US VC Female Founders Dashboard. 2023.
- digitalundivided's ProjectDiane 2020: The State of Black &
Latinx Women Founders. 2020.
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SOURCE AbbVie