MBE Empowerment Fund

The Emerging Entrepreneurs Scholarship program offers non-renewable, merit-based scholarships for emerging entrepreneurs who have demonstrated entrepreneurial talents or accomplishments. The program was established to encourage and promote entrepreneurship among the youth of the Commonwealth of Virginia, while raising awareness of the critical role that private enterprise and entrepreneurship play in building and supporting our communities.


Applicant must be at least 17 years of age at the time of application;

Applicant must be a U.S. citizen and permanent resident of the Commonwealth of Virginia;

Applicant (student) must have an overall GPA of 3.0 on 4.0 scale or better. An official transcript is required.

Applicant (student) enrolled in on-line or distance-learning programs may be eligible, as long as all other criteria are met

Applicant (non-student) must be enrolled or registered for a VHCDC sponsored program.

Click here to download the Application.
  June 8, 2018
Funding for the MBE Empowerment Fund™ is made possible by individual and corporate contributions. VHCDC intends to award several scholarships in 2018 of $500 or more on behalf of individuals we believe best demonstrate the drive, determination, and vision to succeed as an entrepreneur/small business owner. Scholarships will be awarded in August, 2018 during CapCon2018. Event details will be provided.