TRW Grant Guidelines

2024 Texas Rural Woman Grant

Purpose

To create greater economic development activity in rural Texas by encouraging and enabling rural woman-owned, small businesses to undertake new and innovative projects.

Grant amount

A total of ten $5,000 grants for a total of $50,000 are available for this round of funding.

Who can apply?

Eligible businesses must satisfy all of the following conditions:

Existing rural, woman-owned businesses (at least 51% directly owned and controlled by one or more women who are U.S. citizens). The business owner must reside in Texas.
The business must currently be set up as a legal business entity.
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 where the business operates, all property taxes must be current.
All sales, payroll, and other taxes must be current.
The business must be located and operated within an eligible Texas County.
The business, business owner and the applicant must not be involved in any pending or current litigation.
The business owner must not have any felonies or convictions for a crime of dishonesty or breach of trust.
Previous grant winners cannot apply.
The business must be in one of the eligible rural counties in Texas.
The business, business owner and applicant are operating with all required permits and licenses and are conforming to all required laws. Please check the Texas Taxable Entity Search page to verify your business is in good standing with the state: https://mycpa.cpa.state.tx.us/coa/

Ineligible applicants

Any business that is not on our rural county list.
TWU faculty/staff (or any immediate family member of the applicant’s family, including spouse, child, parent), trustee, and advisory committee member.
TWU Students are not eligible to apply.
Prior grant winners.
Applicants who have taken part in any CWE program in the last year including AccelerateHER, TechFW or NTEEC awardees.

What can the funds be used for?

Purchase of machinery, equipment, or technology.
Farm implements or machinery.
Addition or acquisition of new inventory or raw materials.
Purchase and installation of fixtures or display units.
Property improvements that will result in increased sales and revenue.
Marketing or advertising campaigns.
Any other business-related activity that CWE deems is aligned with the stated purpose of this program.

Funds can’t be used for:

Wages, salaries, bonuses or compensation of any kind are explicitly ineligible activities under this program and will not be funded.
Real Property – Buildings, Land, etc. cannot be purchased with this grant.
Paying your regular monthly bills

What are the grant requirements?

The successful applicant will receive two installments of the award:

$2,500 after signing the grant agreement, a photo release and all required paperwork for payment.
$2,500 following completion of a small business training course hosted by the Center for Women Entrepreneurs, 3 hours of small business advising/mentoring and submission and approval of a completed business plan with three years of financials.
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 meet with CWE staff to talk over the grant specifics and ask any questions you have.
Use the spreadsheet that the CWE provides for documentation.

The University will send winners a 1099 for the grant funds received.

Application requirements

Applications only will be accepted electronically via our online application site by 5:00:00 p.m., July 5, 2024. Revisions are not permitted following submission. Applications received after 5:00:00 p.m., will be automatically rejected. Winners will be notified July 23, 2024.
Include documentation that your business is 51% or more woman-owned and controlled. The following are acceptable:
- Any woman-owned certification
- Sole proprietor/assumed name filings
- LLC or LLP documentation showing other name(s)
- Certification of organization, articles of incorporation, partnership agreement showing members and percentage owned.
Ineligible documentation:
- Entity documentation with business name only
- EIN
- Sales & Use Tax Permit
- IRS tax forms/li>
- Driver’s license
- Credit card
- Passport
- Social Security Card
- Minority-owned business certification unless it specifically says woman-owned
If you don’t see it listed above send an email to cwegrants@twu.edu to see if your paperwork will count. Most apps are rejected because proof of ownership isn’t shown.
Background on your company and a description of the project the grant would be used for (must use the template below).
Provide quotes, proposals from a vendor, quotes from a vendor, estimates, pictures from Amazon/Catalog, etc showing exactly what the grant funds will be purchasing.
All required information and documentation must be uploaded.

Company background & Project information

Copy & Paste this information in a PDF that you will upload to your online grant application — each question must be answered, put N/A if not applicable. This information is mandatory and must be easily found. Do not send a business plan or application that doesn’t include each of these headings.

Company Background & Project Narrative

Description of the company’s current operations including products, markets, etc.
Description of the company’s current operating facilities – both owned and leased
Summary of the company’s current full and part-time employment
Description of the company’s need to undertake the proposed project
Budget for the project, including project costs and sources of funds
Physical description of the proposed project, including any business or residential relocation which may result from the undertaking of the project
Projected new employment for each of the three years following project completion including job title
Explanation of how your project will contribute to the economy of Texas

Learn more about the Company’s Background and Project Information

After you’ve been awarded

The successful applicant will receive the first installment payment after all required paperwork submitted.
Awardees are required to complete the following to receive the 2nd half of the grant:

Complete 3 business training courses hosted by the Center for Women Entrepreneurs
Submit and receive approval for a completed business plan
Send in itemized paid receipts or proof of purchases made with grant funds (costs must have been incurred after receiving grant funding.)
Spend 3 hours with a Small Business Advisor
Use the spreadsheet that the CWE provides for documentation

Awardees will need to sign a grant agreement and photo release BEFORE they can access grant funds. The University will send winners a 1099 for the grant funds received.

Texas Rural Woman Grant checklist

See if your county is eligible

Frequently asked questions

Questions?

Email us at cwegrants@twu.edu

Page last updated 1:04 PM, May 31, 2024