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 awards worth . 



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

Beese Fulmer ‘Stay Rational” Business Scholarship

Students must demonstrate a strong commitment and passion for business.

Total: $2500

Awards: 1

Deadline: March 31

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

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