Female Small Business Owners Receive New Grant to Help Close Gender Gap

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Empowering Women Entrepreneurs: Introducing the Fund Her Future Small Business Grant Program

“Empowering Women Entrepreneurs: H&R Block Launches Fund Her Future Grant Program”

As National Small Business Week kicks off, the spotlight is on the vital role that entrepreneurs and small business owners play in driving the economy forward. Among this growing group of business owners, women are making significant strides, with millions of women-owned businesses in the U.S. However, despite their success, women entrepreneurs often face challenges in accessing financial support compared to their male counterparts.

To address this funding gap, Jamil Khan, Chief Strategy and Small Business Officer at H&R Block, has launched the Fund Her Future small business grant program. This initiative aims to provide financial support to women-owned businesses and help them achieve their goals while making a positive impact in their communities. With a total of $100,000 in funding available, the program will award grants to five women-owned small businesses, with the top winner receiving $50,000 and a year of small business services from Block Advisors.

The Fund Her Future grant program is open to women-owned businesses that promote inclusivity and demonstrate community impact. Eligible applicants can submit their entries at BlockAdvisors.com/FundHerFutureGrant until May 26, 2024. The program seeks to level the playing field for women entrepreneurs and provide them with the resources and support they need to succeed.

According to a recent study by Biz2Credit, women-owned businesses receive funding at a lower rate than male-owned businesses, highlighting the need for initiatives like the Fund Her Future grant program. By providing women entrepreneurs with immediate access to capital, resources, and expertise, Khan believes that these businesses can experience significant growth and contribute to the overall momentum of their communities.

As National Small Business Week celebrates the contributions of entrepreneurs, particularly women-owned businesses, programs like the Fund Her Future grant play a crucial role in empowering women entrepreneurs. By addressing financial barriers and funding disparities, initiatives like this one create a more inclusive and supportive environment for small business owners to thrive and succeed. Through opportunities like the Fund Her Future grant program, women entrepreneurs have the chance to access the resources they need to make a lasting impact on their businesses and communities.

Dr. Rafael Marrero
A nationally recognized expert in federal contracting, small business entrepreneurship, vendor, and project/program management. A graduate of the prestigious Stanford and Cornell Universities, Dr. Rafael Marrero is a former Fortune 500 procurement executive, two-time Inc. 500 honoree, network news commentator, and Amazon best-selling author.

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