Block Advisors from H&R Block has announced the introduction of its second annual fund, with which small companies with high growth and effects on the community effects in the possession of women are to be supported. The applications are now open and will be accepted by May 30, 2025.
The 2025 program is awarded six recipients of $ 100,000 in scholarships and small businesses worth almost $ 30,000. A grant receiver receives a package of $ 50,000, while up to five additional winners each receive 10,000 US dollars. All winners also receive one year of access to the small company services of the block consultants, which include the analysis of tax preparation, salary statement, accounting and business structure.
“We understand the challenges that entrepreneurs face in the growth of their business. They need more than just capital. They need trustworthy expertise that saves them and calms them down,” said Jamil Khan, Chief Small Business Officer at H&R Block. “That is why Funds not only offers their future financial support, but also access to Block Advisors all year round, including small business services, including business-critical services such as tax preparation, wage and salary billing, accounting and business structure analysis.”
Block consultants emphasized that, although they are among the fastest growing segments of new small business owners, there are still considerable obstacles to financing and resources. According to the Small Business Report of 2024 from Block Advisors 2024, 42% of the business owners who applied for a bank loan were never approved, and almost 90% stated that they are based on personal finance and credit cards to finance their company.
In order to apply for the fund of your future program, applicants must be over 18 years old and have a company based in the USA. Companies that have a strong impact on the community are particularly encouraged to apply. You can find the complete approval requirements on the fund of your future website. The recipients of the 2025 grants will be notified by the end of July.
Last year, her future program attracted more than 6,000 applicants in the exit fund and granted five entrepreneurs to grants whose companies showed significant growth potential.
The subsidiary Heather Jiang, owner of allégorie, a small-batch accessory line based in New York City, which turns food waste into fashion, expanded their product lines and added additional staff with the help of their grant. “It is a feeling of relief to hand over my accounting to a block consultant expert,” said Jiang. “It promotes my time to concentrate on other aspects of the business. They ensure that everything is treated properly. The recognition of the scholarship was also astonishing. We have announced since.
Another recipient of 2024, Erica Cole, owner of Richmond No Lmbits, used the financing and support to scale their accessible clothing brand. “The financing and support for small companies from Block Advisors made it possible for me to scale my business. I made it possible for myself to start my sensory-friendly collection in Walmart and to acquire Buck & Buck, a leading provider of adaptive clothing,” said Cole.
Ameka Coleman, owner of Strang of Faith in Pearl, Mississippi, also recorded significant growth after her grant from 2024. “This grant enabled us to bring two other hospital networks on board, which significantly increases the demand for our products. We are looking for a sales increase of 400% from this workstream,” said Coleman.
Further information on the fund of your future program and for the application can be found at www.blockadvisors.com/fundherfuturegrant. Further information on Block Advisors' can be found all year round for small companies at www.blockadvisors.com.