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Photos must be in one of the following formats: .jpg, or Files that exceed two megabytes (2MB) in total file size will not be accepted.You must own at least 51% of the business that is the basis of your application to be eligible.

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A big congrats is in order for Tory Burch, who announced her engagement to LVMH CEO Pierre-Yves Roussel last night on Instagram.The pair have reportedly been dating since summer 2014.The ten Fellows will participate in a pitch competition, in New York City, before a panel of distinguished judges.This competition will determine which Fellow will receive the 0,000 grant investment.The ,000 recoverable grant will be paid back to the Foundation, without interest, in a time frame specified in a grant contract.

The 0,000 grant investment is above the ,000 award you get if you are selected as a Fellow in the final round.

Prior to Roussel, Burch dated music executive Lyor Cohen for five years.

She shares three sons with ex-husband Chris Burch."We are tying the knot...#blessed #engaged #happynewyear," she wrote alongside a sweet snap of the couple—although the engagement was .

Each Fellow will participate in a one year program which includes: Apply here.

Applications can only be submitted online no later than November 9, 2017 at ET.

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