At the end of the day, I hope this scholarship will give future entrepreneurs the edge they need to be successful.
Salt Lake City, UT (PRWEB) November 16, 2011
Lendio, an online service helping people secure business financing, announced today a $2,500 scholarship for student entrepreneurs.
“My own journey as an entrepreneur began as a student in college,” said Brock Blake, Lendio CEO. “At the time, I was fortunate enough to receive a similar scholarship from an individual which allowed me to focus on academics and our startup without the worry of a part-time, low-paying job. At the end of the day, I hope this scholarship will give future entrepreneurs the edge they need to be successful.”
The scholarship is called the Lendio Brock Blake Student Entrepreneur of the Year, which will award $2,500 every year to a student who has demonstrated excellence in entrepreneurship. It’s open to any college or university student that has started a company or is desirous to start a company while attending school.
To apply, students need to submit a 500-1,000 word essay to scholarship(at)lendio(dot)com. The deadline is July 1, 2012. The essay should cover things like:
- The student’s passion and commitment to being an entrepreneur
- The challenge of juggling a startup with academics
- Why the student wants to be an entrepreneur
- Current business plans/ideas
- The motivation behind being a business owner
- High-level goals in the next 5-10 years
- What it means to be an entrepreneur
“We are looking for future entrepreneurs with a vision to change their lives, and in the process, change part of the world,” Blake said. “This economy needs more young entrepreneurs building new, innovative companies that have a positive impact on their communities.”
For more information about the scholarship, visit http://www.lendio.com/scholarship/
Lendio is a free service for business owners seeking capital. Lendio makes small business loans simple by matching qualified small business owners with active banks, credit unions, and other lending sources. Through a proprietary matching technology, Lendio helps business owners identify the type of business loan and specific lenders that offer the highest probability for that business owner to prepare for and secure a business loan approval.
Lendio is venture-backed by Highway 12 Ventures and Tribeca Venture Partners. For more information, contact Lendio at press(at)lendio(dot)com.