ABOUT OUR SCHOLARSHIP FUND

WHAT IS Women Business Owners of the Triangle?

Women Business Owners Network of the Triangle was begun 24 years ago and is a non-profit whose primary purpose is to  provide scholarship funds to women in business.  In addition to scholarship funds, WBON provides opportunities for growth through regular monthly meetings.  These meetings provide carefully chosen speakers that encourage, inspire, motivate and educate women in the basic areas of business and personal development  as well as regular opportunities to network with other women  business owners. 

How and What Criteria is Used to Award Scholarship Funds?

Scholarship recipients are chosen by an impartial panel of  judges independent of the Board of Directors of WBON of the Triangle.

To be considered for WBON scholarship funds a business owner must:

Be a minimum of a 51% owner (tax return or organizing documents required as proof)

Have been in business for at least one year in Wake, Orange and Durham Counties, North Carolina

Have clearly defined company objectives/goals with explicit reasons for seeking funds

Have attended a WBON meeting or event in the 12 months prior to the application deadline

Have completed the online application form, essay  and submitted 3 written references no later than 5:00 p.m. on April 30, 2020.

If you are selected as a 2020/2021 scholarship recipient your responsibilities  will be:

Be present for the awarding of the scholarship at the June luncheon 2020.

Be available throughout the year to help promote scholarship at WBON fundraisers (spring and fall) and occasional luncheons

Be willing to allow your photograph and a short description of how the scholarship will or has benefited your business on the WBON website and social media.

Scholarship recipients will receive a complimentary one year membership to WBON of the Triangle. Scholarship award amount is $2,000

Guidelines: 

  • The WBON of the Triangle scholarship application must be submitted by close of business April 30, 2020.
  • The recipient must be present at the June meeting to claim the award. 
  • The amount of the scholarship will be held in escrow  until an invoice has been submitted for payment to  the Scholarship Chairperson
  • The funds must be used exclusively for educational purposes to include classes, seminars, books/cd's, and  training or certifications that enhance business as described in the application. 
  • Funds for travel, technology, web sites, meals and staff support cannot be accepted. 
  • Funds must be utilized within a 24 month period or funds  will otherwise be forfeited  (May 2022)
  • (exception would be written notice no less than one month in advance - April 2022 of recipients  intention to utilize funds yet to be allocated - request subject to Board Approval)

To apply for the 2019/2020 WBON of the Triangle scholarship, click the link below:

CLICK TO COMPLETE THE ONLINE APPLICATION

Scholarship Recipients




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