Entrepreneurship Scholarships

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How to Apply and Qualify for Entrepreneurship Scholarships?


Entrepreneurship scholarships inspire and support you to start your own business. Entrepreneurs are great for the economy. So many sources want to see the next generation succeed.

Of the ones you find, some may be for business majors. People who want to be their own boss and start their own business one day. There are other scholarships that reward innovators, leaders and self-starters with a business plan regardless of your major.

Since these scholarships are so different, expect each one to have their own rules. They will have eligibility rules and details on how to apply for the scholarship.

Also, some entrepreneurship scholarships will have a GPA minimum, specific area of study, and require a business plan. They may also ask you for a resume, references and letter of good standing from your college.

Then there are scholarships where you have to write an essay. This helps to explain your business plan or start up idea. Also, they can ask you what motivates you to get it off the ground.

Each year The University Network (TUN) awards The Business Plan $1000 scholarship to one aspiring entrepreneur. It aims to encourage thoughtful entrepreneurship, and get young people thinking about how to create a realistic business plan that could become a major project for them to realize.

Overall, follow the scholarship and essay guidelines. Proof-read, edit and express your thoughts in a clear manner.

Why Scholarships are Important to Apply for?

According to the Bureau of Labor Statistics (BLS), the number of self-employed workers should go up to 10.3 million by 2026. And, that many self-employed workers have jobs that need a bachelor’s or graduate degree.

If this is your goal, an entrepreneurship scholarship may be useful. It’s considered as “free” financial aid that will offset the cost of tuition and other expenses.

Entrepreneurship scholarships might also enable you to turn your business idea into a real venture and gain a foothold in your industry. You will gain experience and jump start your career.

List of Entrepreneurship Scholarships

To help you narrow your search, here is a list of entrepreneurship scholarships that you might apply. You can also take our Scholarship Match Quiz to find ones that line up with your personal goals and major. We have 112 awards worth $4M. 



Amber Grant

The Amber Grant honors the memory of a young woman, Amber Wigdahl, who died at the age of 19 – unable to fulfill her entrepreneurial dreams. In 2020, the Amber Grant has been doubled to $4,000. Earn any Amber Grant through November 2020, and you’ll be eligible for an additional $25,000 grant at the end of this year.

Total: $73000

Awards: 13

Deadline: September 30, 2020

Business Plan Scholarship

The University Network (TUN) aims to make it simple for students and employers to find internships, part-time jobs, or even short-term projects. Each year they offer this $1000 scholarship to encourage thoughtful entrepreneurship, and get young people thinking about how to create a realistic business plan.

Total: $1000

Awards: 1

Deadline: December 15, 2020

Tourism N Travel Small Business Scholarship

Applicants must have a declared major or minor in the College of Hospitality, Tourism, Aviation, Business, Economics, Finance, and a passion for entrepreneurship.

Total: $2000

Awards: 1

Deadline: December 15, 2020

Future Leaders Scholarship

The Future Leaders Scholarship is available for any current college student or incoming freshman enrolled in an undergraduate or graduate degree program. No major or trade requirements. All students are welcome. This scholarship is designed to help young entrepreneurs afford the rising cost of education and help them along the road to entrepreneurship.

Total: $2000

Awards: 1

Deadline: December 30, 2020

Leonard Family Entrepreneurial Spirit Scholarship

Since 1993, Cancer for College has provided hope and inspiration to cancer survivors in the form of college scholarships. Applicants must be business majors or related fields with desires to pursue careers in the food service industry, and possibly owning and operating a restaurant.

Total: $5000

Awards: 1

Deadline: January 31, 2021

GoandbeGreat Scholarship

The GoandbeGreat Scholarship will be awarded to someone who is a visionary, a leader and a loyal friend. In addition to meeting all requirements for a general scholarship, an applicant must share their favorite movie line, diagnosis, tax returns, letter of good academic standing, cost of attendance at their college or university.

Total: $5000

Awards: 1

Deadline: January 31, 2021

Payroll Vault Franchise Scholarship

Do you have an entrepreneurial spirit? Are you interested in owning your business? Applicants can apply to win their own and operate a software-based payroll services business. All college seniors, graduate students, and or parents are welcomed to apply. Those with business, marketing and entrepreneurship coursework and experience are preferred.

Total: $40000

Awards: 1

Deadline: June 30, 2021

The Halstead Grant

Halstead is committed to supporting jewelry entrepreneurs with quality jewelry supplies and great service. This grant is an annual award for emerging silver jewelry artists. The Grand prize is a $7,500 cash grant plus $1,000 in merchandise as well as recognition in the industry. The deadline is August 1st each year.

Total: $8500

Awards: 1

Deadline: August 01, 2021

Beese Fulmer ‘Stay Rational” Business Scholarship

Students must demonstrate a strong commitment and passion for business.

Total: $2500

Awards: 1

Deadline: March 31

Lily Pabloma Emerging Entrepreneur Scholarship

The Lily Pabloma Emerging Entrepreneur Scholarship recognizes Asian American high school, graduate and post-graduate students pursuing a career in entrepreneurship. This scholarship will provide an amount ranging between $1,000 to $5,000 award for U.S. students attending accredited American universities.

Total: $5000

Awards: 10

Deadline: May 31

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