Organized by: Catherine Merritt
Event Name: Women Startup Challenge
MUMZY.com, a Chicago-based startup, was created for moms to bring brilliant ideas to life by raising capital to launch and grow their businesses. It is a well-known fact that moms are inventive and resourceful and MUMZY’s mission is to support moms whether they are starting a company, developing invention new product, creating a non-profit, or simply looking to raise funds to help a fellow mom. MUMZY was founded to solve one of the biggest problems for innovative moms while harnessing the growing popularity of the crowdfunding industry which had a projected growth of 81% year-over-year and, according to a World Bank report, could be a $90 to $96 billion dollar industry by 2025. This explosive growth has created the need for the industry to become more niche to cater to specific audiences, and MUMZY is the only platform geared towards moms, catering to their unique needs and challenges.