Legalzoom Launches it's First Entrepreneurial Scholarship

Legalzoom Launches it's First Entrepreneurial Scholarship

by Jane Haskins, Esq., October 2018

The entries are in, and next month LegalZoom will announce the winner of the Emerging Entrepreneur Scholarship Grant. Nearly 200 entrepreneurs submitted applications for the program.

This first-ever grant is part of our mission to help entrepreneurs and small business owners start and grow their businesses. The winner will receive a $5,000 grant for a new business, plus a LegalZoom LLC or corporation startup package that includes preparation and filing of business formation documents. The winner also receives one full year of LegalZoom's prepaid legal services and a year of unlimited access to our downloadable legal forms and contracts. We will feature the winner on our social media channels.

Aspiring entrepreneurs submitted online applications that explained their visions for a new business. The entries spanned a variety of industries, and many of the entrepreneurs described businesses that aim to make a difference in their community or globally -- from reducing plastic waste in the oceans to solving transportation issues to improving access to fresh produce.

The grant competition is more than just a chance to win a prize. It also gives entrepreneurs an opportunity to have their business proposals seen by a panel of superstar judges who are among the top names in the startup world:

  • Noah Kagan, the Chief Sumo at Sumo.com. Sumo provides small businesses with online marketing tools. AppSumo.com operates a YouTube channel on starting and growing a business and offers daily deals to entrepreneurs.
  • Cam Kashani, transformational coach and CEO. Known as the “Godmother of Silicon Beach," Cam is co-founder of CoAccel: The Human Accelerator. CoAccel is a one on one program that builds powerful, mindful leaders.
  • Sean Percival, investor and entrepreneur at SeanPercival.com. Sean has founded several startups and has invested in over 120 startup companies.
  • Jeff Zwelling, COO of ZipRecruiter.com. Jeff creates companies that deliver value to consumers. He co-founded Pathway Ventures, EchoSign, YLighting and Converto.
  • Marty Zwilling, CEO of Startup Professionals. Marty provides products and services to small business owners and startup founders. He helps develop leaders and entrepreneurs through mentoring, advisory board services, funding assistance and business plan development.

The judges are evaluating the applications based on four criteria: viability, scalability, uniqueness and social and local benefits. LegalZoom will announce the winner during the first half of November.