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SCHOLARSHIP

WHAT IS THE SCHOLARSHIP PROGRAM?

The incubator fund aims to offer financial aid to qualified businesses, offsetting the costs of critical professional services necessary for their growth. Those who qualify will receive continuous financial assistance for up to one year. To participate in the incubator scholarship program, please complete the application form below:

HOW TO APPLY

HOW IT WORKS

To be eligible for the scholarship fund, businesses must apply and, if chosen, the owner will partake in a 6-week educational program. This program aims to give a comprehensive overview of entrepreneurship and the fundamentals of running a successful business, including necessary skills and business components.

The educational program features:

  • A weekly 90-minute online session on various topics, led by an expert facilitator.
  • Opportunities for Q&A during “office hours” with the lead facilitator.
  • A personalized session with the lead facilitator to discuss the future business plan and pinpoint where the scholarship fund will have the most impact.

Topics covered in the program include:

  • Leadership
  • Service & Product
  • Sales & Marketing
  • Operations & Infrastructure
  • Finance & Cash Flow
  • People & Culture

Attendance at each weekly session is mandatory for all applicants.

Upon completing the program, graduates receive the scholarship fund, which can be used for up to a year to cover costs of essential services from our Verified Vendors. The funds are allocated monthly, with Your Business Incubator directly paying the vendors up to the allocated monthly scholarship amount.

SCHOLARSHIP FUND

(Activities-To-Date)

The first program will be launched April of 2024!

We are currently fundraising for the scholarship, so if you would like to get involved, click the button below

Get Involved!

HOW TO APPLY

  1. To apply, sign up for membership here.
  2. Complete & submit this application form.
  3. Complete an online interview (30 min) upon invite.
  4. You will be notified by email if you are selected for the upcoming enrollment group at least 2 weeks prior to the program start date.

Dates to know:

  • Enrollment opens in February, May, August, November.
  • Program starts January, April, July, October.

Eligibility:

  • Active Your Business Incubator Member: For starters, you are a current and active member of Your Business Incubator.
  • Maintain Good Standing: It’s important that your business is up-to-date on state reports, licenses, permits, state taxes, and fees. Adhering to statutory rules for operating your business entity is key. If you have yet to register your business per the requirements of your state and local laws, Your Business Incubator will help you with this process prior to the start of the program.
  • Have a Federal Tax ID (EIN): Whether you’re a solo entrepreneur or a larger operation, having an Employer Identification Number (EIN) is a must. This applies to sole proprietorships too. If you have yet to apply for an EIN, Your Business Incubator will help you with this process prior to the start of the program.

BECOME A SCHOLARSHIP DONOR OR PARTNER

Help a small business owner by getting involved in the scholarship fund as a Scholarship Partner or Scholarship Donor.

Scholarship Partner: $3600/year or $300/mo

Benefits include:

  1. All business membership benefits
  2. Homepage logo and listing
  3. Member directory listing with:
    – Logo
    – Company name
    – Contact information
  4. One ticket to graduation of program applicants
  5. Discounts to attend select events
  6. Ability to address the crowd at all events
  7. Scrolling banner ad on all pages
  8. 5 tickets to the graduation of program applicants

Scholarship Donor: $50/year

Benefits include:

  1. Member directory listing with:
    – Logo
    – Company name
    – Contact information
  2. One ticket to graduation of program applicants
  3. Discounts to attend select events
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