Women on the Move is a nonprofit founded in 2011 by local business women who want to help other women succeed.

Founded by Dee Anna Thompson, owner of Vericlean Springs, the group is raising money for a $5,000 scholarship for women business owners to use to connect with networking, business and leadership organizations.

“With a three-legged step stool of mentorship, scholarship and training — a structure unique to nonprofits in our region — WOTM ignites woman-owned businesses for future growth and job creation,” the group’s website says.

The Pikes Peak Small Business Development Center, Leadership Pikes Peak and the Colorado Springs Rising Professionals are partnering with the group to assist women in business.

At its first public fundraising event Tuesday night, the group laid out their plans for the future and presented the “Role Model of the Year” award.

Jessica Gladney of Security Services Federal Credit Union, a member of the Rising Professionals group and a board member of Women on the Move, says the main goal of the organization is to “pay it forward.”

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“That’s why I got excited about this group,” she said. “We believe in providing support to other women, to helping them succeed in business.”

The nonprofit is soliciting money toward its $5,000 scholarship goal, and is also seeking women looking to connect and network with other groups for the money. The application deadline is Aug. 15, Gladney said. The winner of the award will be announced at the Business Journal’s Women of Influence award ceremony in October.  For more information, click here.

The organization also gave Carrie Simison, publisher of the Colorado Springs Independent, its first “role model” award. The Independent and the CSBJ are both part of Colorado Publishing House.

And UCCS economist and executive director of the Southern Colorado Economic Forum, Tatiana Bailey, supplied the group of about 40 women with statistics about the local economy and women’s role in it.

“I believe that the local economy will exceed the national gross domestic product this quarter,” she said. “The national level is about 2 percent. I think we’ll get higher than that.”

Bailey also told the group that the Consumer Price Index shows that the West is a more expensive place to live than the rest of the nation — led by California. But she also pointed out that home prices are on the rise — with Denver being the hottest market in the nation and average home prices in Boulder reaching $490,000.

The Springs is poised to attract more residents, she said, because it is still less expensive than Denver and Boulder, although home prices have risen by about 6 percent in the city as well. Average home prices in the Springs are around $229,000, she said.

She rounded off her discussion with figures about women’s salaries and education levels. More women are enrolled in college than men, she said. About 2.6 million more women are in higher education.