Noticing the dearth of female entrepreneurs emerging from traditional incubators, three women decided to turn that challenge into an opportunity. The result is Women Innovate Mobile, a New York City incubator that began funding women-led tech startups earlier this year.

The organization is focused on tech startups that are trying to build scalable businesses utilizing mobile technology to find innovative solutions to problems.

Each venture receives $18,000, but its greatest value is the access to funding networks, instructional programs, feedback and guidance from mentors and advisors and design and development services. In return Women Innovate Mobile gets a 6% equity stake in the venture.

For more information, visit http://womeninnovatemobile.com/.