Top 5 Entrepreneurial Scholarships In 2020 [Ultimate Guide]

Entrepreneurship is the key to the financial and technological prosperity of any country by creating employment in society to establish various ventures. It requires varying financial aids depending upon the nature of the venture and getting an entrepreneurial scholarship is one of the best options.

Though the scholarship provides a decent amount of financial aid in any start-up, the main aim of this scholarship is to establish credibility in the venture so as to attract more funding by building trust among the investors. Here is the Top 5 Entrepreneurial scholarship in the USA.

Top 5 Entrepreneurial Scholarships – [Ultimate Guide]

Entrepreneurial Scholarships

1. GreenPal Business Scholarship for Tomorrow’s Entrepreneurs

The scholarship awards $2000 annually which is comprised of $500 for each semester completion. The aim of this scholarship is to motivate and assist future entrepreneurs to become business leaders. The applicant must be a graduating high school senior or enrolled in any business colleagues having a GPA of 3.5 or higher.

The applicant must be having a major or minor in business, economics, or finance and finally, the scholarship awards must be used for enrolling fully into two or four years in any college or university in the United States. Students need to submit a 1000 words essay along with photography while submitting the application.

2. McKelvey Foundation Entrepreneurial Scholarship

The scholarship awards one of the biggest amounts to the people with an entrepreneurship mindset and who dream big with a powerful vision. The scholarship is started by McKelvey Foundation when Andy McKelvey decided to help future entrepreneurs to build their business after his own success in creating Monster.com.

The scholarship awards up to $10,000 annually to students who enrolled in any four-year college in the United States and who fits in given criteria. The students also get a chance to a vast network of entrepreneurs for their business sustainability.

3. Grasshopper Entrepreneur Scholarship

The scholarship aims to provide financial aid to college, high school seniors or graduates to start their venture. The scholarship awards $5000 annually for their business aid. Students enrolled in any High school, undergraduate, or graduate from an accredited American college can apply for a scholarship asking with the 500 words essay discussing entrepreneur’s barriers.

4. NASE Future Entrepreneur Scholarship

National Association for the Self-Employed (NASE) awards their scholarship of $3000 through their Future Entrepreneur program. The scholarship is for NASE members from the age group of 16 to 24. Applicants must be in high school or undergraduates who are enrolling for the upcoming semester.

The considerations of this scholarship will be based upon the leadership qualities, academics performances, recommendations, financial needs, etc. The amount will be used to help to build their future business ventures to become the business leader.

5. Robert E. Rich Aspiring Entrepreneurs Scholarship

The Scholarship awards the amount of $2500 to the students who are interested in business and entrepreneurship related to Food Industry. A total of four applicants will be selected from each of the Food Industry Management: Culinary Institute of America, Johnson and Wales, Cornell School of Hotel Administration, and Cornell University.

The applicants must be enrolled part-time or full time to accredited colleges for the upcoming year, have major as an undergraduate in food services or hospitality, pursuing undergraduate in one term, and unrelated to National Restaurant Association, National Restaurant Association Educational Foundation, and any state-related association.

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