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.

Young Entrepreneur Scholarship

This scholarship is for business-minded college and university students who are residents of the following states: Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, or Washington, D.C. All majors are welcome to apply. Applicants must have a GPA of 3.0 or higher.

Total: $1000 Awards:  1
Deadline:  May 31
2020

Franchise.Law Entrepreneur Scholarship

The scholarship is open to any student currently enrolled in an accredited community college, undergraduate, or graduate program in the United States. This includes incoming first-year college students who are either high school graduates or in possession of a GED. All applicants must be in good academic standing, maintaining a cumulative GPA of 3.0 or higher.

Total: $1000 Awards:  1
Deadline:  May 31
2020

Lily Pabloma Emerging Entrepreneur Scholarship

Against the Grain Productions (ATG) functions as a traditional 501(c)(3) nonprofit but also aims to find unconventional, innovative and entertaining ways to promote leadership, positive identity, unity and artistry in the Asian American community. The Lily Pabilona Emerging Entrepreneur Scholarship recognizes Asian American high school, graduate and post-graduate students pursuing a career in entrepreneurship. This scholarship, started in 2016 and generously funded by entrepreneurs Grace and Ran...

Total: $5000 Awards:  10
Deadline:  May 31
2020

Global Business Diversity Scholarship

S P Jain School of Global Management, is constantly ranked among the world’s best schools and programs, provides tuition grants for its tri-city business degrees, both undergraduate and graduate. All students live in 3 cities (we do not have campuses in the US): Singapore, Dubai and Sydney, Australia, and earn degrees in international business (marketing, finance, entrepreneurship, e-business, family business, etc.). Awards can be for up to full tuition, depending on qualification, but students ...

Total: $10000 Awards:  10
Deadline:  July 31
2020

The Halstead Grant

Halstead is committed to supporting jewelry entrepreneurs with quality jewelry supplies and great service. The company was founded 40+ years ago and is now managed by the second generation of the Halstead family. The Halstead Grant is an annual award for emerging silver jewelry artists. Applicants submit answers to 15 business questions in addition to their design portfolios. The experience is designed to help jewelry entrepreneurs create a strategy to kick-start their careers. The grand prize i...

Total: $8500 Awards:  1
Deadline:  August 1
2020

Business Plan Scholarship

The University Network (TUN) aims to make it simple for students and employers to find each other for internships, part-time jobs, or even short-term projects. Each year they offer this $1000 scholarship 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.

Total: $1000 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

GoandbeGreat Scholarship

Since 1993, Cancer for College, a registered 501(c)3 charitable foundation, has provided hope and inspiration to cancer survivors in the form of college scholarships. GoandbeGreat Scholarship was created in memory of Ari Jay Bluman, Lorraine Rudy and Steve Feldman and funded by GFYC Foundation Inc. The GoandbeGreat Scholarship will be awarded to a student who will use their education to inspire others to live their life to the fullest. Someone who is a visionary, a leader and a loyal friend. In...

Total: $5000 Awards:  1
Deadline:  January 31
2021

Leonard Family Entrepreneurial Spirit Scholarship

Since 1993, Cancer for College, a registered 501(c)3 charitable foundation, has provided hope and inspiration to cancer survivors in the form of college scholarships. For the Leonard Family Entrepreneurial Spirit Scholarship, you must meet all the requirements for a general scholarship. And you must be a business major or related field with a desire to pursue a career in the food service industry, and potentially own and operate a restaurant.

Total: $5000 Awards:  1
Deadline:  January 31
2021

1 Hotels Fellowship

E2 (Environmental Entrepreneurs) is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. The 1 Hotels Fellowship at E2 helps support and develop young entrepreneurs and emerging business leaders who seek to make the world a better place through projects that are good for the economy and good for the environment.

Total: $20000 Awards:  10
Deadline: 

Thiel fellowship

The Thiel Fellowship gives $100,000 to young people who want to build new things instead of sitting in a classroom. You can apply to the Fellowship while in school but if selected, you’ll need to drop out to accept the Fellowship. Fellows receive $100,000, spread out over two years. The foundation does not take equity in your company.

Total: $100000 Awards:  30
Deadline: 

Beese Fulmer 'Stay Rational" Business Scholarship

Students must demonstrate a strong commitment and passion for business.

Total: $2500 Awards:  1
Deadline:  March 31