Grant Guidelines

Winners will be announced on April 2, 2024.

Purpose

The purpose of this program is to foster greater economic development activity in Texas by encouraging and enabling veteran woman-owned small businesses to undertake new and innovative projects. Five – $5,000 grants for a total of $25,000 are 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 veteran woman-owned business (at least 51% directly owned and controlled by one or more veteran women who are U.S. citizens or U.S. permanent residents). 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.
Honorably Discharged, General Discharge under honorable conditions, Active duty in a military transition assistance program (with approved discharge date), Reservist/National Guard.
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 convictions for a crime of dishonesty or breach of trust.
The business, business owner, and the 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 — check the Texas Taxable Entity Search page https://mycpa.cpa.state.tx.us/coa/

Ineligible applicants

TWU faculty/staff (or any immediate family member of the applicants family, including spouse, child, parent), trustee, advisory committee member.
TWU Students are not eligible to apply.
Prior grant winners of any CWE grant.
Applicants who have taken part in any CWE program in the last year including AccelerateHER, TechFW or NTEETC awardees.

Learn more about who can apply

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 — please send request to cwegrants@twu.edu

Sales tax, Wages, salaries, or compensation of any kind are explicitly ineligible activities under this program and will not be funded. (A consultant for a project is allowed.)

What are the grant requirements?

Submit a complete application with all questions answered.
Send a picture, quote or ad for the items you will purchase with your grant funds.
Provide a budget showing source (grant, personal or business funds) and use (what they are funding) funds.
Awardees will receive payment after completing all required TWU paperwork and signing a grant agreement.
Each awardee must complete our small business training course, submit an approved business plan and receive 3 hours of small business advising.
Funds must be matched by a minimum of 10% owner investment (cash or equipment). The owner's investment must not be associated with debt of any kind. Owner Investment must be committed and available to the project at the time of the grant application.
Receipts for all grant funds must be submitted before Dec. 31, 2024 or they will be forfeited.

Application requirements

Applications only will be accepted electronically via our online application site by 5:00:00 p.m., March 15, 2024. Revisions are not permitted following submission. Applications received after 5:00:00 p.m., will be automatically rejected. Winners will be notified April 2, 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, certification of organization, articles of incorporation, partnership agreement showing members and percentage owned, or bank signature card. Do not send a LLC or other entity document with only a business name, EIN, driver’s license, credit card, or passport.
DD214 showing Honorably Discharged, General Discharge under honorable conditions, or proof of Active duty in a military transition assistance program (with approved discharge date), Reservist/National Guard.
Background on your company and a description of the project the grant would be used for (must use template below). Do not send a business plan — we need only our questions answered and judges don’t have time to search for these questions.
All required information and documentation must be uploaded (for example: proposals from a vendor, quotes or estimates, preliminary invoices, etc.). Incomplete and duplicate applications will be automatically rejected.
Download Veteran Woman Grant Checklist

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.

Company background

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

Project narrative

Budget for the project, including project costs and sources of funds (see faqs)
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 Background and Project Information

After you’ve been awarded

The successful applicant will typically receive payment within 30 days of being awarded and all required paperwork submitted.
Awardees are required to:

Complete a Small business training course hosted by the Center for Women Entrepreneurs and taught by veterans
Submit and receive approval of 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 you can access your grant funds. The University will send you a 1099 for grant funds received.

Please review the grant guidelines, FAQ & videos before submission to ensure the guidelines are met.

Veteran Woman Grant Checklist

Frequently Asked Questions

Watch the Basics of Grant Writing video

Questions?

Email us at CWEgrants@twu.edu

Page last updated 4:03 PM, March 19, 2024