Thursday night, WeWork announced the winners of its first-ever Creator Awards in New York City. The event is part of WeWork's global initiative to award more than $20 million to entrepreneurs. Twenty-one winners in three categories were awarded a combined $1.86 million in funding.

Cheddar anchors Brad Smith and Hope King spoke with winner Karen Young, who founded Oui Shave, and WeWork's director of digital community, Victoria Taylor.

Young won the Scale Award and $180,000 in funding. This tier is for businesses with proven success that are ready for the next level. Young says this funding will help her meet the demand for her products. The Oui Shave razor currently has a waitlist of more than 800 woman, says Young.

Taylor says this program is about celebrating and empowering people with original ideas. Before coming to New York City, the Creator Awards were launched in Washington, D.C., Detroit, Austin, London, Berlin, and Tel Aviv. WeWork is a partner of Cheddar.