The Best Entrepreneur Scholarships with Upcoming Deadlines in 2024
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About Entrepreneur Scholarships
Entrepreneurship is a big word used for ventures that may or may not be large in scale. Entrepreneurs create their own businesses, providing a product that is unique to them. They are innovators, who take their business ideas and turn them into a reality. It takes a lot to go from an idea to a full-fledged business, but more and more people are doing it every year. Small businesses in the United States make up 99.9% of businesses in the nation.
Small businesses are defined in a large range. The Census Bureau defines small businesses as having between 100 to 1500 employees and bringing in revenue of $1 million to $40 million, whereas the U.S. Small Business Administration labels small businesses as having fewer than 500 employees and making less than $7.5 million in annual revenue. And this doesn't even encompass all entrepreneurial ventures. There are large businesses started by entrepreneurs that have grown out of their small-business labels. There isn't one singular path for an entrepreneur, making the term vastly applicable to anyone who has created their own business.
Entrepreneurship is something to be celebrated. It represents the creativity of entrepreneurs who took their ideas and manifested them into businesses. The work of entrepreneurs helps produce more creative, innovative ideas, which propels the business world forward. Entrepreneurship helps fuel the economy by providing more jobs and pushing for more competition and growth in the field. Entrepreneurs help to challenge the status quo and create more opportunities motivated by the individual, rather than by large corporations.
Opportunities are available to high schoolers, undergraduate or graduate students, and more. Between entrepreneurship programs and business scholarships, students planning on attending college and those already earning their degree can find scholarships. The key is knowing where to look.
What is an Entrepreneurial scholarship?
Entrepreneurship scholarships are specifically for students with entrepreneurial interests. Some scholarships are specifically for students earning an entrepreneurship degree, while others extend to the broader field of business as a whole. Aspiring entrepreneurs can earn scholarships through their school's programs, online resources, and community opportunities.
Scholarships are generally awarded on the basis of financial need, merit, or a combination of factors. There are more opportunities for students from low-income backgrounds, first-generation college students, and students who are part of underrepresented minorities. At the same time, merit scholarships are awarded based on academic achievements and the quality of the application submitted.
Current and future entrepreneurs are usually eligible for scholarships on Bold.org if they are current students. Most scholarships help students pay for their schooling so that they are able to start bringing their business ideas to life after college. A scholarship award goes a long way for a college student looking to start their own business.
Can you get a scholarship for Entrepreneurship?
High school students, undergraduate students who are just beginning to explore their future in entrepreneurship and graduate students working to refine their entrepreneurial ideas all have opportunities available to them. People are eager to support young entrepreneurs as they develop ideas and turn those ideas into reality. Use Bold.org as a resource for finding the best scholarship program for your experience, future plans, and academic achievement.
How to apply for Entrepreneur scholarships
When applying for entrepreneurship scholarships on Bold.org, the process begins with creating your free account. Clicking on any of the scholarships listed on this page will redirect you to where you can create your account. From there, fill in your profile and begin finding scholarships that you are eligible for.
Once you've found scholarships you want to apply for, it's time to begin the process. Bold.org is user-friendly, with a simple application process. Everything you need to know for a specific scholarship is in one place. Depending on the type of scholarship you are applying for, you may have to submit files or videos. However, the most common application method is to answer essay questions. Bold.org offers essay scholarships that allow you to demonstrate your writing skills and show why you are deserving of a scholarship. No-essay scholarships are simpler, requiring only a few clicks. For these scholarships, it is important to fill out your profile thoroughly, since that is how winners are chosen.
How to get an Entrepreneur scholarship?
In order to get an entrepreneur scholarship, you need to be smart about your search and apply to scholarships that best fit your education level, interests, and experiences. Find scholarships with the most eligibility requirements you meet. The more requirements there are, the fewer people will be applying, giving you a better shot at getting a scholarship.
Once you've picked scholarships you want to apply for, be deliberate in your applications. Put time into your essays and fill out your profile thoroughly to put your best foot forward for donors. Tailor your essays to the specific scholarships, and make sure you are answering the prompt fully. Keep in mind that the more applications you submit, the more likely you are to win scholarships. Give yourself more opportunities by applying for as many scholarships as you are able to, while still keeping them at a high quality.
The earlier you apply to scholarships, the more specific your profile is, and the more attention you give your applications, the more likely you are going to be successful.
Best Entrepreneurial scholarships
Entrepreneurship is a field that many people want to encourage because of the benefits it has to the nation's economy. There are specific scholarships for future entrepreneurs as well as business scholarships that encompass all aspects of business, including entrepreneurship. The following scholarships include a mix of both entrepreneurship scholarships and business scholarships.
- Arthur and Elana Panos Scholarship
- Karl Baehr Entrepreneurs Scholarship
- LiveYourDash Entrepreneurs Scholarship
- Just Raised No-Essay Scholarship
- Dr. Sharyn First-Generation in Business Scholarship
- Wendell and Gwendolyn Clement Scholarship
- Daily Upside Business News Scholarship
Entrepreneur scholarships for high school students
As high school students begin to plan for their futures, they can look for general scholarships as well as those geared specifically toward their interests. Bold.org offers business and entrepreneurship scholarship opportunities for high school students as they prepare for their college education. Whether you have experience as a current small business employer or are brand new to developing a business, you can start pursuing scholarships to help provide financial aid.
Take your free time in high school to look into opportunities that will help put you ahead when it comes to further pursuing entrepreneurship. Click on any of the scholarships below to begin the application process for entrepreneurship and business scholarships.
- Just Raised No-Essay Scholarship
- Daily Upside Business News Scholarship
- Hustle Tech & Business News No-Essay Scholarship
- The GIST Women’s Sports Business Scholarship
Entrepreneur scholarships for high school seniors
High school seniors have a lot to consider as they prepare for the huge shift between high school and college. Seniors have to start thinking about what they want their futures to look like, where they want to go to school, and what they want to study. Students who already know they want to earn a degree in entrepreneurship or business can start narrowing their scholarship search to find scholarships specific to their interests. The following scholarships exist to help any high school senior planning to pursue entrepreneurship.
- Arthur and Elana Panos Scholarship
- Morning Brew Tech & Business News Scholarship
- Daily Upside Business News Scholarship
- Hustle Tech & Business News No-Essay Scholarship
Outside of Bold.org, there are other options available for future entrepreneurship students. For example, the Triadex Services Scholarship is open to high school seniors and undergraduate students alike. It is specific to students learning more about business, including marketing, technology, and entrepreneurship. To learn more, visit their site here.
Entrepreneur scholarships for college students
College students pursuing entrepreneurship have many opportunities available to them. Since they have decided on a career path and are actively pursuing it, scholarships are available to help support future entrepreneurs as they navigate higher education. Take a look at some of the opportunities specific to future entrepreneurs.
- LiveYourDash Entrepreneurs Scholarship
- Dr. Sharyn First-Generation in Business Scholarship
- Wendell and Gwendolyn Clement Scholarship
- Karl Baehr Entrepreneurs Scholarship
Many scholarships are open specifically for undergraduate college students, but graduate students still have the chance to apply to scholarships like those listed below.
- Women in Business Scholarship Fund
- The GIST Women’s Sports Business Scholarship
- Just Raised No-Essay Scholarship
Frequently asked questions about Entrepreneur scholarships
With all of the opportunities out there, some aspects of the scholarship process may be overwhelming. This is especially the case for students who are brand new to applying for scholarships. Whether you are a high school senior or an experienced graduate student, you may come across a few questions in your preparation.
How to find Entrepreneur scholarships
Bold.org has so many scholarships, that students are encouraged to narrow their search down to their specific interests. The best way to do this is to visit the scholarship search page and use the "Category" filter to help search for your major. Categories for "Entrepreneurship" and "Business" will both have excellent opportunities for future entrepreneurs. Along with the scholarships included on this page, the general scholarship search will help you find scholarships by narrowing down your education level, major, etc.
Students are encouraged to look in more than just one place for scholarships. Bold.org has a large collection of exclusive scholarships, but there are other places to look. For example, most universities offer scholarships specific to their school or department. Check with your financial aid office and advisors to see what scholarships are available through your school. To take it one step forward, explore what opportunities there are in your local community. By looking both on Bold.org and in your local area, you are able to capitalize on all scholarship opportunities for future entrepreneurs.
When can I start applying?
Scholarships on Bold.org are open year-round, with new opportunities being posted every week. The earlier you apply, the more scholarships you'll be in the running for over the course of the year, given that scholarships are opening and closing frequently throughout the year. Therefore, students are encouraged to apply whenever they are able. Students must be 14 or older to create an account, but from there, students of all ages can earn scholarship money.
How do I know if I'm eligible for a scholarship?
Every scholarship has its eligibility requirements listed on the page with its description. In most cases on Bold.org, you will be locked out of scholarships that you are not suited for. However, this isn't always the case, so pay attention to the requirements before spending time on your application.
Eligibility requirements range from education level to ethnicity to interests and more. If you fill out your profile thoroughly, scholarships will be available for you that are catered toward where you are at on your educational journey.
Are scholarships counted as income?
When scholarships are awarded, they are sent directly to the recipient's school. If you are not in college currently, the scholarship money will be held in an account for you and then sent to your school when you enroll in the future. Since students do not receive the funds directly, scholarship winnings do not count as taxable income.