WASHINGTON, Sept. 12, 2016 /PRNewswire/ -- Her Corner announced today that it has entered into an agreement for an investment from Ames Watson Capital, a local investment fund. In connection with the investment, Kimberly Berger, Principal at Ames Watson Capital, will join the management team of Her Corner as President and COO. Frederique Irwin, founder of Her Corner, will remain as CEO.
"The more I learned about Her Corner, the more excited I became about the mission and vision that Ms. Irwin has laid out," says Ames Watson Principal, Kimberly Berger. "Being able to put our experience and resources towards helping women grow their businesses is important work that will literally change the business landscape across the country and around the world."
Roughly 30% of all business owners in the US are women, with the number of women-owned businesses growing faster than the national average. These businesses employ nearly 9 million people and will generate over $1.6 trillion in revenues this year. (2016 State of Women Owned Businesses Report by Amex.)
"We have some really exciting new products and opportunities that we will be able to pursue with this investment," says Frederique Irwin, Founder and CEO of Her Corner. "We have seen such strong interest and demand for the content we offer and the networking opportunities we provide. This investment means we will be able to reach more women, in more cities, in an impactful and immediate way."
Her Corner is a network of over 700 women business owners who believe in the power of collective intelligence. Her Corner helps women entrepreneurs network, collaborate, and address obstacles to growth by offering peer groups, educational programs, networking events, and individual coaching.
SOURCE Her Corner Inc.