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Tuesday, February 13, 2018

This University is Giving Away $50K in Grants to Women-Owned Businesses


Texas Women's University announced its new Women’s Enterprise Training and Micro Grant Program that aims to help women that are existing or aspiring entrepreneurs to venture into innovative projects. Up to 10 woman business owners could receive $5,000 in grant each.

Since its launch in 2015, TWU's Center for Women in Business already mentored over 100 women entrepreneurs, funded research for the Dallas Women's Foundation, and awarded 39 scholarships. With the new program, they are looking forward to inspiring more innovation in women.

Applicants must be existing or aspiring woman entrepreneurs with businesses that have five or fewer employees. The business owner must not be involved in any current or pending litigation. The business must also have all the required taxes, permits, and licenses, and must be operating for a for-profit corporation.

Winners will each receive the award in two parts -- the first $2,500 upon selection and the remaining $2,500 after completing a small business training course and submitting a business plan approved by the CWB.

The funds that will be granted can be of great help to use for new machinery, equipment, or technology, raw materials, new display units, property investments, and marketing or advertising campaigns.

Applications for this year are accepted until February 23, 2018.

For more information, visit twu.edu/center-women-business/micro-grants/