Block Advisors by H&R Block is stepping up to support women-owned small businesses with the launch of their new grant program, “Fund Her Future.” In celebration of National Small Business Month, the program aims to provide financial assistance and business services to help women entrepreneurs overcome the challenges they face in accessing funding and support.
The program will award a total of $100,000 in grants to five small businesses led by women. Winners will not only receive a financial boost but also a year of business services from Block Advisors, including assistance with taxes, bookkeeping, and payroll. This support is intended to help these businesses thrive and make a positive impact in their communities.
Jamil Khan, Chief Strategy and Small Business Officer at H&R Block, highlighted the impressive growth of women-owned businesses in recent years. Despite this growth, women still face obstacles such as lower earnings and difficulty obtaining loans, especially women of color.
To be eligible for the grant, business owners must be women who own at least 51% of their business and operate within the United States. The program encourages businesses that prioritize inclusivity and community impact to apply. Applications are open until May 26, 2024, at BlockAdvisors.com/FundHerFutureGrant.
With one business owner set to receive $50,000 and a full year of business services, and four others to receive $12,500 each, the grants offer substantial support to help these women entrepreneurs succeed. This initiative by Block Advisors is a significant step towards creating a more supportive and equitable business environment for women.