H&R Block’s “Fund Her Future” Grant Program to Enhance Girls-Owned Small Companies

Block Advisors by H&R Block has launched a brand new grant program known as “Fund Her Future” to help ladies who personal small companies. This announcement comes as a part of the Nationwide Small Enterprise Month celebrations, aiming to deal with the challenges ladies face in getting the funding and help they want.

This system will give away a complete of $100,000 in grants to 5 small companies led by ladies. Alongside the monetary increase, winners can even obtain a yr of enterprise providers from Block Advisors, which incorporates assist with taxes, bookkeeping, payroll, and extra. This help is designed to assist these companies develop and make a much bigger affect of their communities.

Jamil Khan, the Chief Technique and Small Enterprise Officer at H&R Block, shared some insights in regards to the development of women-owned companies. “Girls’s companies have been rising virtually twice as quick as males’s over the past 5 years,” Khan mentioned. Nevertheless, he identified that girls nonetheless earn much less and have a tougher time getting loans than their male counterparts, with even larger challenges for girls of colour.

The info backs this up, displaying that 31% of girls launched their companies shortly after planning them—sooner than different teams. But, they nonetheless face extra monetary hurdles. The “Fund Her Future” grants purpose to assist bridge these gaps.

To use for the grant, enterprise homeowners should be ladies who personal a minimum of 51% of their enterprise and function it inside america. This system notably encourages companies that concentrate on inclusivity and neighborhood affect to use. Functions are open till Could 26, 2024, at BlockAdvisors.com/FundHerFutureGrant. After purposes shut, finalists shall be chosen for interviews in June, and the winners shall be introduced by the tip of the month.

The grants are vital: one enterprise proprietor will win $50,000 and a full yr of enterprise providers, whereas 4 others will every obtain $12,500 and the identical service package deal. With over two million small enterprise homeowners supported by Block Advisors every year, the winners can count on substantial assist.

“With fast entry to capital, assets, and trusted experience, we’re assured these ladies entrepreneurs will considerably develop their companies and affect their communities,” Khan added.

For extra particulars on Block Advisors and to use for the “Fund Her Future” grant, go to www.BlockAdvisors.com and www.BlockAdvisors.com/FundHerFutureGrant. This program is a step in direction of making the enterprise world extra supportive and honest for girls.

This text, “H&R Block’s “Fund Her Future” Grant Program to Boost Women-Owned Small Businesses” was first revealed on Small Business Trends