‘Intuit QuickBooks Offers New Small Business Grants’

Intuit Inc. (Nasdaq: INTU) recently announced the launch of the QuickBooks Grant Program, aimed at supporting small business owners in the U.S. The program will award 20 entrepreneurs with ,000 each, along with valuable mentorship resources to help them succeed in their business endeavors.

Small businesses play a crucial role in our economy, yet access to capital remains a significant challenge for many entrepreneurs. Emma Rodgers, Senior Vice President of Marketing & Revenue at Intuit QuickBooks, emphasized the importance of providing small businesses with the necessary tools and resources to thrive. The QuickBooks Grant Program is designed to deliver impactful funding that can turn business dreams into reality and drive prosperity within the small business community.

Interested small business owners can apply for the QuickBooks Grant Program on the program’s official website from May 28 to June 30, 2024. To be considered, applicants must submit a brief essay outlining how the grant award will help them overcome business challenges or achieve their business goals. Full eligibility requirements and judging criteria can be found on the program’s website.

In addition to the financial award, recipients of the grant will also gain access to three months of mentorship resources. This includes participation in Intuit’s Adopt a Small Business program and a series of webinars focused on establishing a strong foundation for business success. By leveraging digital tools like QuickBooks and Mailchimp, small businesses can uncover key insights, streamline processes, and connect with customers more effectively.

According to the Intuit QuickBooks Entrepreneurship in 2024 Report, a significant portion of U.S. consumers plan to start a new business this year, highlighting the growing interest in entrepreneurship as a means of building personal wealth. However, economic challenges such as high interest rates and inflation have made it difficult for small businesses to access funding. The QuickBooks Grant Program aims to address this issue by providing financial support and mentorship to empower small business owners on their entrepreneurial journey.