Rent the Runway Is Giving Away $10,000 and It Could Be Yours

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Jenny Fleiss and Jennifer Hyman, the cofounders of Rent the Runway, are a couple of bad*ss #GirlBosses. Their #BuiltByGirls company has secured $116 million in funding since it was launched in 2009 and is estimated to earn $80 million in revenue this year, according to Fast Company. Pretty impressive. Their next move is sharing their genius with other smarties through something called Project Entrepreneur, and you could be one of them.

Project Entrepreneur is a collaboration between RTR and UBS's Elevating Entrepreneurs, fueled by the idea that women start companies at 1.5 times the normal rate, but only 10 percent of founders at high-growth firms are women. Project Entrepreneur wants to change all that by connecting them with the capital and advisors that will help them succeed.

"Project Entrepreneur ignites bold ideas by providing women access to the tools, training and networks needed to build scalable, economically impactful companies," states its website.

Let us break it down for you: First, you're going to want to submit business plans through the Project Entrepreneur website. C'mon, start brainstorming - we know you got some good ones!

In October and November, free educational summits will take place in New York, Austin, and Washington, D.C.

In April, 200 finalists will be selected, out of which three winning teams will receive $10,000 (wowza!) and a spot in a five-week accelerator program to put them on the path to success. Hey, if Jenny and Jennifer gave us advice, we'd def listen to it!

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