Incfile is excited to announce the latest round of winners of our entrepreneurial grants. We’re looking for the business leaders of tomorrow, and our Entrepreneur Grant Program gives entrepreneurs a chance to get their projects off the ground.
Our Young Entrepreneur grant spotlights students with big ideas, while our Fresh Start grant is for adult entrepreneurs starting over or starting from scratch.
If you missed this round of applications, don’t worry. You can still apply to our spring 2023 grants.
Young Entrepreneur Grant Winner: Lily Chen, REVAnalytics
Lily's inspiration to enter the healthcare technology field came from her grandfather's inability to access quality healthcare in rural China. Due to the lack of an early and accurate diagnosis of Diabetic Retinopathy (DR), he passed away. This loss fueled Lily's fire to make a difference. She worked for three years to build REVAnalytics, a company that increases healthcare affordability and accessibility through data solutions. So far, the project includes the following features:
- MyMedicationReminder, a free iOS app for medication management
- TherapYEET, a therapy buddy app that uses machine learning to provide "human-like assistance" for mental health
- A web app for DR diagnosis
- A COVID-19 tracker for New Jersey
Lily believes the key to entrepreneurial success lies in gaining a comprehensive, authentic understanding of your target audience. Marketing and advertising come naturally when you know there's a real, genuine need for your product. Ultimately, Lily believes a successful business "fundamentally understands its customers' needs and efficiently solves them with its product/service."
Lily is preparing for a future as a healthcare tech entrepreneur by leaning on the support of peers and experienced mentors. The feedback she receives after pitching her ideas has been crucial in developing her projects. She continues learning by immersing herself "into the product and research development phases and getting hands-on debugging and hacking experience."
You can learn more about REVAnalytics at its website and download My Medication Reminder here.
Fresh Start Grant Winner: Brian Garrett, HUE
In 2018, Brian packed up and moved 800 miles from home — and in the process, he built an entirely new network of human connections. After meeting a diverse array of people from all walks of life and belief systems, he was inspired to make authentic conversations around food and culture, so he founded HUE.
HUE is a "private dinner series showcasing chefs of color and connecting people to people." It offers a safe space for dining and discovery, whether you're simply looking to enjoy a special culinary experience or make lasting, meaningful connections.
His inspiration for entrepreneurship arose from his desire to build community and support within underrepresented groups, but it didn't stop there. "As I begin the journey in entrepreneurship, I am also inspired by the idea of controlling my own destiny and leaving a legacy," says Brian.
To learn more, check out HUE's website, Instagram, and Facebook.
Upcoming Grants: How to Apply + Deadlines
Submissions for the next round of our grants are now open. Apply for your chance to win one of the two grants we have available for budding entrepreneurs: one for student entrepreneurs and one for aspiring adult entrepreneurs.
Young Entrepreneur Scholarship Grant
Are you a student with a vision? Our Young Entrepreneur Scholarship Grant could help provide the support you need. Apply for your chance to win and get help launching your unique business idea. The young entrepreneur whose idea most impresses our judges receives $2,500 toward continuing their education.
Requirements:
- Must be a high school senior, undergraduate, graduate, or trade school student
- Must attend a U.S.-based high school, trade school, or university
- Must hold a GPA of 3.0 or higher
- Must have an interest in starting a business
Fresh Start Business Grant
Aspiring entrepreneurs, take note: we want to help you expand your business. The Fresh Start Business Grant is for all adult entrepreneurs who want to make their dreams come true, whether they're starting over or beginning from scratch. The grant provides one ambitious individual $2,500 towards startup costs. It also includes Incfile’s Gold Package for free.
Requirements:
- Must be 21 years or older
- Must be a U.S. resident
- Must be planning to start a new business or grow and expand an existing business
How to Apply
The next deadline for the grant is March 31, 2023. What you need to do:
- Complete the online application.
- Create a short two-minute video explaining how entrepreneurship will impact your life.
- Submit a sample business plan.
Chase Your Dream Business — Apply Today
Funding is one of the largest hurdles faced when starting the business you've always wanted. When you apply for our grant program, you’re taking the first step in tearing down those financial barriers. Apply today — your future entrepreneurial self will thank you.
Karlie Kramer
Karlie Kramer has over 6 years of experience in content marketing, from technical SEO and blog writing to team management and client success. She enjoys pouring over an obscene amount of cookbooks, tending to her veggie garden, and snuggling with her cat, Percy.
