Prime Highlights
- Paris Hiltonhas launched the Back in Business Recovery Fund to support women-owned small businesses recovering from disasters such as fires and natural disasters.
- Hilton pledged $350,000to start the initiative and aims to raise at least $1 million by the end of the month.
Key Facts
- The program is run through 11:11 Media Impactin partnership with org, which is contributing $100,000 to help launch the fund.
- According to Wells Fargodata, the United States has about 14.5 million women-owned businesses, representing nearly 39% of all businesses.
Background
Entrepreneur and pop culture figure Paris Hilton has launched a new initiative to help women-owned small businesses recover after disasters.
The program, called the Back in Business Recovery Fund, helps female entrepreneurs whose businesses were affected by events like fires and natural disasters. Hilton has pledged $350,000 to start the fund and hopes to raise at least $1 million by the end of the month.
The initiative is led by Hilton’s social impact organization, 11:11 Media Impact, in partnership with GoFundMe.org, which will contribute $100,000 toward the launch. The funds will be distributed as grants through women’s business centers across the United States, which will also help decide when and how the funds are given.
Hilton said women-owned businesses play an important role in local communities and deserve more support during recovery periods.
According to data from Wells Fargo, the United States has about 14.5 million women-owned businesses, representing nearly 39 percent of all businesses. However, many female entrepreneurs receive far less funding than men through loans and venture capital.
The new fund builds on Hilton’s earlier support for businesses affected by the 2025 fires in Los Angeles. Through grants of up to $25,000, the initiative helped 50 women-owned businesses, including bakeries, salons, bookstores, and childcare centers.
Many of the businesses used the grants to cover rent, pay staff, and rebuild their operations. Reports from the Pasadena Women’s Business Center show that about 90 percent of those businesses are still operating today.
Hilton hopes the initiative will inspire more donations and encourage communities to support women entrepreneurs rebuilding their businesses.
