2016 News Releases
University offers 10 new “future business owner” graduate student scholarships for fall 2016
Applicants must be new master’s level students in any area of study at university’s Denton campus; Application deadline is June 17
Texas Woman’s University’s new center for women in business today announced it will offer 10 new scholarships of up to $6,500 each for incoming master’s level students from anywhere in the country who wish to open a business in Texas. This annual scholarship, which can be used for tuition and fees, is renewable for up to three years if the new center’s annual extracurricular requirements are met.
“We are looking for a charter group of 10 master’s degree students with the right skills to become a successful business owner and help achieve Governor Greg Abbott’s goal of making Texas No. 1 for women-owned businesses,” said Tina Mims, executive director of the new center, which is the first of its kind focused on women entrepreneurs at any university in Texas. “We believe these new scholarships will encourage those wanting to earn a master’s degree to get a head start on eventually owning a business in Texas.”
Mims said students can pursue any master’s level academic program offered at TWU’s Denton campus or online, but they must complete the center’s required extracurricular activities in addition to their degree plan requirements. She and her colleagues anticipate a gamut of business interests — from students who want to create and own their own software companies, health-related clinics or creative services agencies to others who seek to create new restaurants, dance and art studios, speech therapy practices or retail shops.
Students applying for the scholarship must be U.S. citizens or permanent residents, have a minimum 3.5 GPA for the last 60 hours of undergraduate study and have a personal goal to open and run a business. Those with business ownership experience also are strongly encouraged to apply. Participating in this scholarship program will enable these incoming students to receive business certification in innovation, develop a business plan, receive one-on-one coaching and participate in specialized training.
Students who want to apply for this new scholarship must write a short essay about themselves and their motivation for business ownership. Students also must include a description of the business they would like to pursue, and why they believe it can succeed.
To apply, students must submit an admissions application for Fall 2016 and set up their account to enter into the scholarship application system, which requires a TWU portal ID and password. Then, students should log into the TWU scholarship system at https://twu.academicworks.com/ to apply for the Center for Women in Business scholarship. The scholarship application and essay documents are easy to upload. The deadline for applying for this scholarship is June 17, 2016. Those with questions on how to apply for the scholarship may call (940) 898-3635.
In 2015, Gov. Abbott approved $2.2 million to create a new center at TWU to provide women with more of the tools needed to succeed in creating successful new businesses. Mims noted that TWU for more than 115 years has had a distinctive purpose in the Lone Star State — to prepare women “for the practical industries of the age.”
“Now, with the creation of this new center for current and future women business owners, TWU is undertaking another distinctive educational opportunity in Texas,” she said. “We are going to provide students and aspiring women business owners in all fields with the scholarship, mentoring, training, funding, coaching and networking opportunities that can help them build vibrant, successful new companies, large and small.”
Texas is No. 2 behind California for the number of women-owned businesses, but businesses owned by women in Texas are growing at more than twice the rate of all firms nationwide.
“So we are doing all we can to advance women’s business ownership and move Texas into the first position,” Mims said.
Texas Woman’s University (TWU) is the largest public university in the nation primarily for women and has an enrollment of approximately 15,000 students on campuses in Denton, Dallas and Houston. Since its founding in 1901, TWU has produced more than 86,000 graduates in fields vital to the growth and quality of life in Texas and the nation, including nursing, health care, education and business.