Entrepreneurship Scholarships

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How Do I Qualify for Entrepreneurship Scholarships?

Entrepreneurship scholarships are for aspiring entrepreneurs who want to start their own business and may be strapped for funds. Entrepreneurs are also great for the economy. So many sources want to see the next generation succeed. Some awards 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 entrepreneurship 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. Proofread, edit and express your thoughts in a clear manner.

Why Scholarships are Important to Apply for?

An entrepreneurship scholarship may be useful for networking and provide support for your new business. It’s considered 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. You may gain experience and jump start your career. 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.


List of Entrepreneurship Scholarships

To help you narrow your search, here is a list of entrepreneurship scholarships that you might apply. We have 114 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: June 30, 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

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: 1

Deadline: June 30, 2021

New Silver Fintech Scholarship

All applicants must currently be enrolled or in the process of enrolling as a full-time student at an accredited U.S. college or university.

Total: $3000

Awards: 3

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

Stephen Semprevivo New women’s Business Center Startup Scholarship

Eligible applicants must be 16 years and older, enrolled in programs at a California College or University, and interested in an entrepreneurial career.

Total: $5000

Awards: 2

Deadline: September 15, 2021

Be The Boss Scholarship

The Be The Boss Scholarship is available for high school and college women who want to start their own businesses.

Total: $4000

Awards: 2

Deadline: September 15, 2021

Projectorlamps.com Entrepreneurial Scholarship

The Projectorlamps.com Entrepreneurial Scholarship is available for currently enrolled business majors who have an interest in one day owning a business of their own.

Total: $1000

Awards: 1

Deadline: May 01

Verizon’s 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

Annual Black Entrepreneurship Grant

The Annual Black Entrepreneurship Grant will be awarded to a Black student (undergraduate or graduate) on the merit of their business idea and on the impact the extra support would have for them.

Total: $2000

Awards: 1

Deadline: December 01

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