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Need financial help for your small business? This group is helping female entrepreneurs in North Texas

Texas Women's University is working to help female business owners affected by the COVID-19 pandemic.

With unemployment at an all-time high, many companies are looking for ways to rebound now and after the COVID-19 pandemic ends. As such, Denton-based Texas Woman’s University is now offering a $1 million grant to help small businesses weather the storm. 

The Center for Women Entrepreneurs at Texas Woman’s University is launching the AssistHer program to help women-owned small businesses in Texas.

Shannon Mantaro, the director of the Center for Women Entrepreneurs, said the group will provide 100 $10,000 grants to those small businesses across Texas whose business has suffered from the pandemic.

In order to be eligible, a business must be at least 51% owned by a woman, Mantaro explained. 

Those requirements are: 

  • Have a demonstrated need caused directly by COVID-19
  • Be owned and operated in Texas
  • Complete online training on how to maintain business operations in the current environment once awarded the grant
  • Report all expenditures of grant funds
  • Must be up-to-date on payroll, sales and other taxes
  • Must be properly permitted

 Interested business owners can apply for the program here.

For more COVID-19 resources, click here.

RELATED: Updated: Even more of your Texas unemployment questions answered