Grant Guidelines

The StartHER Grant is closed. Notifications will be made no later than November 1, 2020.

Purpose

The purpose of this program is to foster greater economic development activity in Texas by encouraging and enabling woman-owned small businesses to undertake new and innovative projects. A total of $50,000 (10 grant awards) is available for this round of funding.

Grant amount

$5,000

Who can apply?*

Eligible businesses must satisfy all of the following conditions:

  • Existing or to-be-formed woman-owned businesses (at least 51% directly owned and controlled by one or more women who are U.S. citizens or U.S. permanent residents) with five or fewer employees may apply.
  • The business must be a for-profit corporation, partnership, LLP or LLC, or sole proprietorship. Not-for-profit corporations or similar nonprofit entities are not eligible.
  • If the business or business owner owns the premises from which the business operates, all property taxes must be current.
  • All sales, payroll, and other taxes must be current.
  • Business must be located and operated within the state of Texas.
  • Business owners/partners must not have any felonies or conviction of a crime of dishonesty or breach of trust.
  • The business, business owner, and applicant must not be involved in any pending or current litigation.
  • The business, business owner, and applicant are operating with all required permits and licenses and are conforming to all required laws.

* Applicants who are TWU faculty/staff (or any immediate family member of applicant including spouse, child, parent), trustee, advisory committee member, or a student at TWU are not eligible to apply.  Prior grant winners are also ineligible.

What can the funds be used for?

  • Purchase of machinery, equipment, or technology.
  • Addition or acquisition of new inventory or raw materials.
  • Purchase and installation of fixtures or display units.
  • Property improvements that will result in additional business.
  • Marketing or advertising campaigns.
  • Any other business-related activity that CWE deems is aligned with the stated purpose of this program.
  • Wages, salaries or compensation of any kind are explicitly ineligible activities under this program and will not be funded. Sales tax will not be funded.

What are the grant requirements?

  • Awardees will receive an initial $2,500 upon signing a grant agreement. The second half of the grant award ($2,500) will be disbursed following satisfactory completion of a small business training course hosted by the CWE and submission and approval of a completed business plan.
  • Funds must be matched by a minimum of 10% owner equity (cash or equipment). The equity contribution must not be associated with debt of any kind. Equity must be committed and available to the project at the time of the grant application.

See How to Apply

After you’ve been awarded

  • The successful applicant will receive two installments of the award:
  • $2,500 upon being awarded.
  • $2,500 following completion of a small business training course hosted by the Center for Women Entrepreneurs and submission and approval of a completed business plan. Additionally, itemized receipts or proof of purchases made with initial grant funds of $2,500 (costs must have been incurred after receiving grant funding) must be provided to CWE to receive the remaining $2,500.
  • You need to talk with CWE staff about grant specifics and ask any questions you have.
  • You will need to sign a grant agreement BEFORE you can access your initial grant funds.
  • You must attend the CWE virtual small business training course. You cannot access your remaining funds until AFTER you have completed the course.

Questions?

Tracy Irby 
CWEgrants@twu.edu
940-898-2894

Page last updated 9:13 AM, October 19, 2020