InnovateHERs Scholarship Challenge

Empowering the next generation of female entrepreneurs and business leaders.

Apply on Bold.org →
About the Scholarship
Built for Bold Women in Business

Women bring unique perspectives, creative ideas, and the dedication necessary to launch successful businesses that benefit their communities. Yet very few resources exist for young women who want to start businesses, facing stereotypes, biases, financial struggles, and other challenges along the way.


This scholarship aims to support female students who plan to spend their careers as entrepreneurs and business leaders. Any female-identifying high school student with an interest in pursuing business may apply.

How to Apply
Create a Business Plan

No essay required! Instead, submit a compelling two-page business plan for a product or service of your choice, real or hypothetical. Your plan will be judged on innovation, vision, and practicality.

Business Name & Concept

A short elevator pitch (1-3 sentences) explaining your idea.

Product or Service Description

What it is, how it works, and what problem it solves.

Visual Representation

At least one image or design: a mockup, prototype photo, sketch, or model.

Target Market

Who it's for and why they would buy it.

Value Proposition

Why your idea stands out from competitors.

Financial Plan

Startup costs, expenses, revenue estimates, and potential funding sources.

Implementation Plan

A rough timeline and key steps for bringing the idea to life.

Social Impact (optional)

Any positive societal or environmental effect of your business.

Grading Rubric
How You'll Be Scored

Selection also considers: Ambition, Drive, and Impact.

Ready to Apply?

Submit your business plan on Bold.org. No essay required: just your boldest ideas.

Apply on Bold.org →
Our Scholarship Winners

Spring 2026 Round

1st Place
Elara Hair
Elara Hair
Chloe Yang, Tanisha Shaw & Cleo Wang
View Business Plan →
2nd Place
Code Bridge
Code Bridge
Chizara Anyanwu
View Business Plan →
3rd Place
Fit Her
Fit Her
Shreya Kumar
View Business Plan →