JLH Ignite Scholarship

• $5,000 in funding, to be utilized for business expenses and/or training opportunities
• A feature in League Lines, the Junior League of Huntsville’s quarterly magazine (valued at $350) plus recognition on all Junior League of Huntsville social media
• A Junior League of Huntsville meeting sponsorship (valued at $500 + potential to directly speak to and reach up to 500 women)
• Membership in the Junior League of Huntsville plus one year of membership dues (valued at $175). Membership is contingent upon the recipient’s eligibility; subsequent membership renewals will be the responsibility of the Ignition Scholarship recipient

Ignition Scholarship Applicant Requirements

• Female
• At least 25 years old and a legal resident of the United States
• At least a 50% stakeholder in the organization for which you are applying
• Will operate as the daily business manager or currently serving as such

Ignite Scholarship Business Requirements

• Formed under U.S. law
• Currently operating, or with intent to operate, within Madison County
• Startup or in operation less than five years
• Make less than $750,000 annually – a copy of your financial statements may be required upon request
• Business plan that has been vetted by The Catalyst – to be uploaded to application
• Business pitch – to be scheduled by the scholarship committee after completion of this application

Special Considerations

• Special consideration given to current members or those interested in becoming a member of The Junior League of Huntsville
• Special consideration will be given to a female business owner whose organization gives back to the community or to the industry in which they work
• Subsidiary, franchise and/or network marketing businesses are not eligible for the Ignition Scholarship
• This award will go to one individual, not multiple partners

2023 REQUIREMENTS

• Intake Interview with Catalyst & registration as a Catalyst client
• Attend the Catalyst Engage in Entrepreneurship Workshop
• Submit a Business Model Canvas
• Attend the Catalyst Ignite Small Business Fundamental series of workshops to include: 

1. Developing a Business Plan 
2. Accounting & Taxes 
3. Choosing a Legal (Business) Structure 
4. Business License 
5. Marketing 
6. Banking Needs

• Attend 3 additional Catalyst workshops 
• Attend minimum of 2 coaching sessions, one of which must be on Business Plan
• Attend 3 Catalyst networking events including Strong Coffee Strong Women 
• Submit Business Plan to The Catlayst prior to Scholarship Application submission
• Participate in pitch competition for finalists