5 Best Scholarships for Startups

Chances are that if you're reading this, you need 'that' push to go build something of your own - a startup, and there is no better push than a startup scholarship. No matter which business consultant you visit, funding is a word that will roll off their tongues multiple times. Scholarships for startups can be the key to those fundings you need to set up your startup. To help you get a better idea of the best startup scholarships, here is a list of the 5 best startup scholarships starting with the Stephen Semprevivo Startup Scholarship.

1. Stephen Semprevivo Startup Scholarship: A scholarship program by the famous business consultant Stephen Semprevivo, this startup scholarship is much unlike the others, in all the positive ways. The achievement-based scholarship awards the selected students $2500 and 20 hours of assistance to help out with their business strategy. It does not only strongly support your innovative ideas, but on the even brighter side, the scholarship does not impose a necessity of excellent grades at academics or require proof of financial status to grant you what you deserve for your startup. Instead, all you have to do is write an essay for getting shortlisted and there you are - one step closer to your accomplishments and innovation molding to life.

2. The Reputation Resolutions Scholarship: The Reputation Resolutions is a reputation management firm that deeply encourages the concept of entrepreneurship. Each year the scholarship program by the firm selects one recipient to award a scholarship of $2500 and encourages individuals to illustrate their innovation and passion to make it big in the market. 

3. Collegiate Inventors Competition: One of the most renowned innovators competition, the Collegiate Inventors Competition, as the name suggests, is more a competition than a scholarship with a reward of lucrative $15000. Yes, you read that right! 

Each year, this unique competition, aka scholarship tests the innovation level of the nation's college students, amping their experience of networking and invention to the next level. The scholarship is an excellent door to access mentorship, get exposure to the 'real' marketing world, and testing your limits and infinities as an innovator and inventor.

4. Payroll Vault Franchise Scholarship: If you always had the zeal to be your boss and the free entrepreneurial spirit, then this scholarship can be the door to a multitude of opportunities, all of which can help set your startup the right way. The scholarship awarded is not just one of the highest on the list but also driving enough to give your best - $40000. The applicant must at least be in the college senior year, while even parents and a business consultant are welcome to take part. 

5. Lily Pabloma Emerging Entrepreneur Scholarship: To encourage more Asian-American students to take part in the startup game, this scholarship encourages any individual with at least 25% Asian and/or Pacific Islander ethnicity to apply for a reward dangling between $1000 - $5000. Funded by entrepreneurs Grace and Ranier Pabilona, the award is applied for schooling and fees. 

If we have to pick the best amongst these equally good startup scholarships, we will go with the Stephen Semprevivo Startup Scholarship, mainly because of the hassle-free application process and all the mentoring services offered to the rewarded.