The Business.org Aspiring Entrepreneur Scholarship: Write 500 Words for $500
Are you an aspiring entrepreneur currently attending college? Apply for the $500 Business.org Scholarship, which helps cover crucial school expenses.
Small businesses form the backbone of the US economy—and nothing has hammered that point home quite like the recent COVID-19 crisis. Since small-business owners employ nearly 50% of the US population, adding 1.6 million jobs in the last year alone, they’re absolutely essential to keeping our communities running.1
So if you’re currently in school hoping to become a small-business owner, we want to support you however we can. (And with fall semester’s status still up in the air for many universities, we want to provide a little extra stability too.) That’s why we’re offering aspiring entrepreneurs a $500 scholarship to help fund crucial school expenses like textbooks, on-campus room and board, and course supplies.
Interested? We’re looking for 500-word essays from current college students responding to this prompt: How is your education empowering you to become part of the small-business community? We’ll choose our recipient based on the criteria below.
Scholarship application requirements
Who can apply: Any student who is currently enrolled at an educational institution and has a GPA of 3.0 or higher on a scale of 4. Applicants can be an undergraduate freshman, sophomore, junior, or senior.
How to apply: Fill out the form below and include your 500-word essay answering the following prompt: How does your education empower you to become a part of the small-business community?
Essay criteria: Essays will be judged on composition, originality, and relevance to the prompt. Entries with poor grammar and spelling may not be considered.
Application deadline: September 7, 2020
The scholarship recipient will be contacted by September 30, 2020.
Apply for Business.org’s 2020 Scholarship
As an aspiring entrepreneur, you’re not just shoring up your own economic future—you’re laying the groundwork for the entire country’s economic future. We’re rooting for you!
1. U.S. Small Business Association Office of Advocacy, “2020 Small Business Profile,” May 2020. Accessed July 1, 2020.
Applicant must be a U.S. Citizen or Legal Resident of the United States.
Employees of Business.org, its parents, affiliates and subsidiaries, participating advertising and promotion agencies, and prize suppliers (and members of their immediate family and/or those living in the same household of each such employee) are not eligible.
Current freshmen, sophomores, juniors, seniors, and graduate students: Applicants must have a cumulative college grade point average of at least 3.0 on a 4-point scale, and be currently enrolled full-time at an accredited college or university.
The recipient will receive a one-time $500 disbursement to be applied to qualified education expenses, including tuition and fees required to enroll at or attend an eligible educational institution, and course-related expenses such as fees, books, supplies, and equipment that are required for courses at the eligible educational institution for the 2020-21 academic year. Funds are provided by Business.org. Payment is issued by Business.org, made payable to the student and mailed after September 30, 2020. If the funds are not used for qualified education expenses recipients shall be responsible for all applicable taxes on the funds.
The recipient is selected after a team of judges reviews all entries, after the deadline of September 7, 2020. Applicants are judged on composition, originality, and how well they address the prompt. The recipient will be announced on September 30, 2020.
The institution must be accredited and listed on the official website of the U.S. Department of Education. Applicants attending military academies are ineligible for this scholarship. All school transfers are subject to accreditation approval.
Business.org reserves the right to alter or discontinue this program at any time without notice. All essay submissions and photographs become the property of Business.org and may be reposted or displayed online, in whole or part, without notification. Business.org shall be entitled to use, alter, or delete submissions for any purpose whatsoever without compensation to applicants.
The sponsor of this scholarship is Business.org whose principal office is located at 5202 W. Douglas Corrigan Way, Salt Lake City, UT 84116.
5202 W. Douglas Corrigan Way
Salt Lake City, UT 84116