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Karl Baehr Entrepreneurs Scholarship

Funded by
user profile avatar
Julia Adams
$500
1 winner$500
Awarded
Application Deadline
Sep 1, 2022
Winners Announced
Oct 1, 2022
Education Level
Undergraduate
Share
Eligibility Requirements
Education Level:
Undergraduate student in a two or four-year degree program
Background:
Has started a business or will in the future
Education Level:
Background:
Undergraduate student in a two or four-year degree program
Has started a business or will in the future

Karl Baehr was a beloved teacher who spent his tenure at Emerson College helping others become successful entrepreneurs.

The US has always been full of workers with entrepreneurial spirits. In the wake of COVID-19, new business applications sourced to 4.38 million in 2020, a 24.7% boost from 2019. For the next generation of driven and innovative entrepreneurs to succeed, it’s critical that they have the necessary resources to pursue college. 

This scholarship aims to honor the memory of Karl Baehr by supporting entrepreneurs with big aspirations so they can create the leading businesses of tomorrow.

Any undergraduate student pursuing a two or four-year degree who has started a business or plans to start one in the future may apply for this scholarship. 

To apply, tell us about your business, how you started, and why you’re so passionate about it.

Selection Criteria:
Ambition, Need, Boldest Bold.org Profile
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Published May 11, 2022
$500
1 winner$500
Awarded
Application Deadline
Sep 1, 2022
Winners Announced
Oct 1, 2022
Education Level
Undergraduate
Share
Essay Topic

As Karl used to tell students in his entrepreneurship class, profit is good! Tell us a little bit about your business, how you got started, and why you're passionate about it.

400–600 words

Winners and Finalists

October 2022

Winners
Julian Mathews
Texas Christian University
San Antonio, TX
Finalists
Nicolette Rios
Arizona State University Online
Surprise, AZ
Tatiana Bixler
Rocky Mountain College of Art and Design
New Era, MI
Trinity Williams
University of Miami
Weston, FL
Dominic Franco
California State Polytechnic University-Pomona
Fontana, CA
Maurice Manswell
University of Miami
Coral Springs, FL
Jaliza Vilsaint
The Sage Colleges
Brooklyn, NY
Nicolle Jones
Metropolitan State University
Burnsville, MN

Winning Application

Julian Mathews
Texas Christian UniversitySan Antonio, TX
Since I was young, I have been intrigued with business, starting with the typical lemonade stand at age six. My mother helped me understand how to calculate net profit and I used my early math skills to know how much money I was earning from each cup I sold. I was always looking for a way to make extra money and at age twelve, I would walk the neighborhood with my wagon full of buckets, and simple supplies and wash cars for $10. When I got my driver’s license at age sixteen, I took my previous business and car-washing experience and started my own mobile auto detailing business. I started the business using my old Honda Civic and had the trunk tied down with rope as I tried to fit a power washer, vacuum and carpet shampooer in it. I performed an excellent detail service at a much lower price than my competitors and began to build a client case. After six months, I bought an old truck, custom built a trailer rig by myself, and soon business was booming. No longer was I washing cars with buckets and simple supplies as I began to learn the true art of car detailing and perfected my techniques. I absolutely love owning and running my own business. I feel that entrepreneurship is in my blood as my father was a businessman who started from very humble beginnings and owned a couple of small businesses. Unfortunately, he was murdered when I was eleven years old and he didn’t have the opportunity to teach me about life and business. His untimely and tragic death, and later a realization that while he was a business owner, he did not have the knowledge or education to handle his finances, impacted me in such a way that I knew I wanted my life story to be different. I wanted to not only make money, but know how to invest it and I realized the key to my future success was education. I attended a rigorous magnet school program for middle and high school at an inner-city school, graduated summa cum laude and knew that I would pursue a business degree. I am currently entering my senior year at Texas Christian University, where I am pursuing a dual degree in Entrepreneurship and Finance with a Real Estate emphasis. TCU has recently been ranked as the number one undergraduate business program in Texas and I am honored to be able to attend this school. I have been involved in the Leaders for Life program at TCU in which I was mentored by an upperclassman for the first two years and now I have taken the role of a mentor to help guide freshman and sophomore business students. My dream of being an entrepreneur began with that lemonade stand, grew into being the owner of an auto detailing business, and will continue to grow now that I am completing my college education. I intend to expand my auto detailing business to include in-shop services for more extensive work, and I also intend to work in commercial real estate. I have big dreams but I know that through my strong work ethic and determination, I will be successful. Despite the tragedy in my life at a young age, I refused to be another sad statistic of a minority from a single-parent home, a homicide survivor, who attended an inner-city school. Two men may have taken my father from me but they will not steal my future.

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FAQ

When is the scholarship application deadline?

The application deadline is Sep 1, 2022. Winners will be announced on Oct 1, 2022.

How will scholarship application information be used?

Your privacy is a top priority on the Bold.org platform, and you can find our privacy policy in full here. You may opt out of communications from Bold.org at any time, and unless we’ve first notified you and gotten your consent, you’ll never receive communication from any third parties related to personal information you give us.

What is the scholarship award?

Award amounts per winner are designated by the donor. Check the award amount for a detailed breakdown.

When will the scholarship winner be chosen? How will they be notified?

The winner will be publicly announced on Oct 1, 2022. Prior to the announcement date, we may contact finalists with additional questions about their application. We will work with donors to review all applications according to the scholarship criteria. Winners will be chosen based on the merit of their application.

How will the scholarship award be paid?

Award checks will be sent to the financial aid office of the winner's academic institution in their name to be applied to their tuition, and in the name of their institution (depending on the school's requirements). If the award is for a qualified educational non-tuition expense, we will work with the winner directly to distribute the award and make sure it goes towards qualified expenses.

How will my scholarship application be verified?

Before we award the scholarship, the winner will be required to confirm their academic enrollment status. Depending on the circumstances, verification of Student ID and/or their most recent transcript will be required.

How should I get in touch with questions?

If you have any questions about this scholarship or the Bold.org platform, just email contact@bold.org and we’ll get back to you as quickly as we can.

Does the scholarship have terms and conditions?

Yes. The terms and conditions for this scholarship can be found here.

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