At Kabbage, our support doesn't just stop with small business owners. We feel strongly about giving back to our community in a variety of ways – from monthly service projects through Kabbage Kares and now through our 2017 Kabbage Entrepreneurs Scholarship.
To support the next generation of technology and entrepreneurial talent, Kabbage is excited to announce that we will be awarding one $1,000 Scholarship to the winner of the 2017 Kabbage Entrepreneurs Scholarship Contest, which is to be used for educational expenses by a student who is currently pursuing a bachelor’s or master's degree with an interest in entrepreneurship or small business ownership.
Kabbage empowers small businesses through online, straightforward, and flexible financing. Since inception, we've provided access to more than $4 Billion in working capital to small business owners in the United States and currently power automated funding for financial institutions all over the globe.
Applications for the Scholarship must be received by 11:59 p.m. ET on August 31, 2017
Submit a brief business plan (750 words or fewer) by 11:59 p.m. ET on August 31, 2017. Tell us about the business, how you came up with the idea and how it helped you or could help you in the future.
Upload your latest transcript with a copy of your current GPA.
Our selection committee will review all eligible entries, and we'll announce the scholarship winner on September 15, 2017.
Congratulations to Kabbage's first Kabbage Entrepreneurs Scholarship winner Vincent Chow, a graduate student studying Mechanical Engineering at Stanford University! Vincent’s inspiration for his business plan came from his frustration with his chores. It wasn’t the work itself that frustrated him – it was the fact that no matter how many times he pulled weeds or made his bed, the work would eventually be undone, and he’d have to do it again. He began to wonder if there was a better, more meaningful way people could spend their time instead of dealing with the toils of things like sitting in traffic, sending email after email or scheduling calls.
"My vision is to harness the power of artificial intelligence (AI) to help humans eliminate such mental and physical drudgery from daily life,” he said, “so people may spend their time on more worthwhile endeavors."
Vincent plans to use the scholarship to jumpstart his business through setting up a domain name or purchasing certain software/materials to develop a prototype of his product. To keep up with Vincent on his journey, be sure check out his LinkedIn page.