{"id":64280,"date":"2024-04-29T06:00:00","date_gmt":"2024-04-29T11:00:00","guid":{"rendered":"https:\/\/www.hrblock.com\/tax-center\/?post_type=newsroom&#038;p=64280"},"modified":"2024-04-24T17:35:34","modified_gmt":"2024-04-24T22:35:34","slug":"fund-her-future-announcement","status":"publish","type":"newsroom","link":"https:\/\/www.hrblock.com\/tax-center\/newsroom\/small-business\/fund-her-future-announcement\/","title":{"rendered":"Block Advisors by H&amp;R Block Launches \u2018Fund Her Future\u2019 Grant Program to Support Women-Owned Small Businesses\u00a0"},"content":{"rendered":"\n<p><em>Five winners will receive grants totaling $100,000 and access to Block Advisors services and experts to aid growth and create impact in their communities&nbsp;<\/em>&nbsp;<\/p>\n\n\n\n<p><strong>KANSAS CITY, MO.,\u202fApril 29, 2024 \u2013<\/strong> To help close the gap in funding and support for women-owned small businesses, <a href=\"https:\/\/www.blockadvisors.com\/?campaignid=pr_mcm_p004_0033_fy24_lob-ba_201_p07_a14_04292024_can_fhf-grant-announcement\">Block Advisors<\/a> by <a href=\"https:\/\/www.hrblock.com\/?campaignid=pr_mcm_p004_0032_fy24_lob-ba_101_p07_a14_04292024_can_fhf-grant-announcement\">H&amp;R Block<\/a> created the <a href=\"https:\/\/www.blockadvisors.com\/fundherfuturegrant?campaignid=pr_mcm_p004_0034_fy24_lob-ba_204_p07_a13_04292024_can_fhf-grant-landing-page\">Fund Her Future<\/a> small business grant program. The program will award five women-owned small businesses a combined total of $100,000 in funding and access to a year of small business services from Block Advisors. Submissions will be accepted at <a href=\"https:\/\/www.blockadvisors.com\/fundherfuturegrant?campaignid=pr_mcm_p004_0034_fy24_lob-ba_204_p07_a13_04292024_can_fhf-grant-landing-page\">BlockAdvisors.com\/FundHerFutureGrant<\/a> through May 26, 2024.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Fund Her Future, H&amp;R Block&#039;s Small Business Grant for Women\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/ttPLUdNJrIc?list=PLf7JIGdt2hKrAFecjwNz5yWXAYCSYXb78\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>\u201cOver the past five years, women-owned businesses grew at nearly double the rate of men-owned businesses,\u201d said Jamil Khan, Chief Strategy and Small Business Officer at H&amp;R Block. \u201cDespite being one of the fastest-growing segments of the small business space, women-owned small businesses continue to experience a funding and support gap compared to their male counterparts. Announcing the grant program to kick off National Small Business Month will hopefully illuminate this disparity.\u201d&nbsp;&nbsp;<\/p>\n\n\n\n<p>The latest Data from Block Advisors\u2019 <a href=\"https:\/\/www.blockadvisors.com\/resource-center\/news-center\/small-business-owners-highly-confident-diverse\/\" target=\"_blank\" rel=\"noreferrer noopener\">Small Business Resilience Series survey<\/a> shows that 31 percent started their business within five months of considering it (9% more than non-women), yet they were more likely to make less money and be declined for a loan than their counterparts\u2014and the disparities were even greater for small business owners of color.\u00a0\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large is-resized\"><a href=\"https:\/\/www.blockadvisors.com\/fundherfuturegrant?campaignid=pr_mcm_p004_0034_fy24_lob-ba_204_p07_a13_04292024_can_fhf-grant-landing-page\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/04\/SB_Grant-Program_Asset_Press-release_L1R1-1024x768.png\" alt=\"A female entrepreneur who has heard the Fund Her Future announcement\" class=\"wp-image-64284\" style=\"width:300px\" srcset=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/04\/SB_Grant-Program_Asset_Press-release_L1R1-1024x768.png 1024w, https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/04\/SB_Grant-Program_Asset_Press-release_L1R1-300x225.png 300w, https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/04\/SB_Grant-Program_Asset_Press-release_L1R1-768x576.png 768w, https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/04\/SB_Grant-Program_Asset_Press-release_L1R1-50x38.png 50w, https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/04\/SB_Grant-Program_Asset_Press-release_L1R1.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><\/div>\n\n\n<p>\u201cSupporting the advancement of small business is a start, but we need to also do our part in leveling the playing field for men and women entrepreneurs,\u201d said Khan. \u201cWomen small business owners are integral players in their communities. We owe it to them to close funding and support gaps so they can focus on realizing their goals and making an impact.\u201d&nbsp;&nbsp;<\/p>\n\n\n\n<p>To apply, applicants must be over 18 years old and an owner of a United States-based business that is at least 51% women-owned. Other eligibility requirements can be found on the grant website. Businesses that promote inclusivity and can demonstrate community impact are especially encouraged to apply. Following submissions closing on May 26, 2024, a group of finalists will be selected to participate in interviews in mid-June. Five winners will be notified by the end of June.&nbsp;&nbsp;<\/p>\n\n\n\n<p>One small business owner will receive a first-prize grant package of $50,000 and a year of access to small business services from Block Advisors. Four honorable mention winners will receive a $12,500 grant and the services package. Block Advisors helps over two million small business owners annually with year-round tax preparation and business services, including business formation, bookkeeping, payroll, and Beneficial Ownership reporting.&nbsp;<\/p>\n\n\n\n<p>\u201cWith immediate access to capital, resources, and trusted expertise, we\u2019re confident women entrepreneurs will see significant growth for their small business, influencing the momentum of their community for years to come,\u201d said Khan.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>To learn more about Block Advisors, visit\u202f<a href=\"https:\/\/www.blockadvisors.com\/fundherfuturegrant?campaignid=pr_mcm_p004_0034_fy24_lob-ba_204_p07_a13_04292024_can_fhf-grant-landing-page\" target=\"_blank\" rel=\"noreferrer noopener\">www.BlockAdvisors.com<\/a>\u202fand visit <a href=\"https:\/\/www.blockadvisors.com\/fundherfuturegrant?campaignid=pr_mcm_p004_0034_fy24_lob-ba_204_p07_a13_04292024_can_fhf-grant-landing-page\" target=\"_blank\" rel=\"noreferrer noopener\">www.BlockAdvisors.com\/FundHerFutureGrant<\/a> to submit for the Fund Her Future grant program.\u202f\u202f\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Five winners will receive grants totaling $100,000 and access to Block Advisors services and experts to aid growth and create impact in their communities&nbsp;&nbsp; KANSAS CITY, MO.,\u202fApril 29, 2024 \u2013 To help close the gap in funding and support for women-owned small businesses, Block Advisors by H&amp;R Block created the Fund Her Future small business [&hellip;]<\/p>\n","protected":false},"author":406,"featured_media":64285,"menu_order":0,"template":"","tags":[],"news-categories":[23340,23341],"class_list":["post-64280","newsroom","type-newsroom","status-publish","has-post-thumbnail","hentry","news-categories-small-business","news-categories-company-news"],"acf":{"post_rest_thumbnail_alt_id":""},"yoast_head":"<title>H&amp;R Block News Center | New Grant Launches During Small Business 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