Grant funds for women veterans

The Center for Women Entrepreneurs at Texas Woman’s University recently announced its inaugural Veteran Woman Entrepreneur Grant program, which supports women veterans in Texas who own their own businesses or are interested in launching one.

Up to $250,000 in grant funds will be awarded in increments of $1,000 to $10,000 to qualified Texas women veterans who are starting or who have existing businesses. It is the CWE’s first grant program aimed specifically at helping veterans and is open to women entrepreneurs throughout Texas.

The Veteran Woman Entrepreneur Grant application must be submitted before 5 p.m. May 14.

Winners will be announced on June 12, Women Veterans Day.

Grant funding may be used for the purchase of machinery, equipment or technology; acquisition of new inventory or raw materials; purchase and installation of fixtures or display units; property improvements; marketing; or other business-related activity that is aligned with the purpose of the program. Grants cannot be used for wages, salaries and sales tax.

Awardees must meet with the center’s small business advisor, veteran mentors and complete a virtual training series hosted by the CWE to receive funding. The course will cover topics related to business plan development, marketing, legal matters, accounting and financing.

For more information, FAQs and to apply, visit tinyurl.com/4t4hrrf9.