The Women’s Entrepreneurship Center at Texas Women’s University in Denton is accepting submissions for the Veteran Women Entrepreneurship Grant Program beginning March 31.
This grant program supports female veterans who own or are interested in starting a business in Texas.
“Veteran female entrepreneurs typically generate lower profits than non-veteran business woman entrepreneurs. and future entrepreneurs have received a boost to launch their businesses,” Center Director Tracy Irby said in a statement.
According to the center, 25 $5,000 grants totaling $125,000 will be awarded to eligible Texas female veterans who have started or have existing businesses.
This is the second year the Center for Women Entrepreneurs has offered this grant program, specifically aimed at helping veteran female entrepreneurs throughout Texas. Navy veteran Kelly Mumphrey received one of her grants last year for Milkspace, her social impact enterprise that provides mobile breastfeeding spaces for nursing mothers at major events. .
The completed online application must be submitted by 5 p.m. May 5, the center said. Winners will be announced on May 22nd.
According to the center, the grant could be used to purchase machinery, equipment or technology. Acquire new inventory or raw materials. Purchasing and installing fixtures or display units. property improvement; marketing; or other business-related activities consistent with the purposes of the program.
The grant cannot be used for wages, salaries or sales tax, according to the center.
Winners must meet with the Center’s Small Business Advisors and Veteran Mentors and complete a series of virtual trainings hosted by the Center to receive funding.
This course covers topics related to business planning, insurance, marketing, legal, accounting, and finance.
To apply, visit twu.edu/center-women-entrepreneurs/veteran-woman-grant.
The Center for Women Entrepreneurs, a program of the Jane Nelson Institute for Women’s Leadership at Texas Woman’s University, aims to prepare more women for success in business and public service.
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