Now Accepting Entries for the Halstead Grant

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Halstead Bead Inc is now accepting entries from new jewelry designers for its 6th annual grant competition for small businesses in the industry. The winner of the 2011 grant will receive $6,000 in start-up cash and merchandise as well as other benefits.

Halstead Bead Inc is inviting jewelry designers to enter its 6th annual grant competition for new entrepreneurs in the industry. The winner of the 2011 business development grant will receive $6,000 in cash and merchandise as well as other benefits. The award was previously known as The Jewelry Design Business Development Grant; however, it has been renamed in 2011. The award is sponsored by Halstead Bead Inc., a supplier of wholesale jewelry supplies.

Designers utilizing jewelry making techniques such as metalsmithing, lampworking, metal clay, wirework, beading, or casting are eligible to enter the competition. Candidates must be US citizens who began their businesses after January 1, 2008. Their design companies must focus on “bridge jewelry” which is the segment between costume jewelry and fine jewelry. Bridge designs are primarily crafted from sterling silver with semi-precious stones, crystal, glass, pearls and other materials. This segment is also known as “craft jewelry” or “art jewelry.”

Complete application details can be found at Candidates are required to submit a design portfolio, resume and answers to several business planning questions. Applications must be received between April 15 and June 6, 2011. The grant website includes several helpful articles on launching a national jewelry business as well as information on past winners and finalists. Previous grant winners include Cowboy’s Sweetheart Jewelry, VOSTENAKstudios, Bridgland Studios, Belle Brooke Designs, and Ananda Khalsa Jewelry.

The Halstead Grant differs from other jewelry industry competitions because of its emphasis on small business skills. Jewelry entrepreneurs applying for the grant must demonstrate not only extraordinary design, but also a strong business strategy. The application experience promotes the small business planning required to make a jewelry brand commercially viable at the national level.

The grant sponsor, Halstead Bead, Inc., is one of North America’s leading jewelry supply wholesalers. The firm was established 38 years ago and now supplies thousands of jewelry designers and manufacturers around the globe. Halstead Bead, Inc. is wholesale only and specializes in jewelry findings, chain, wire & beads for the bridge jewelry segment.

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