The Lillie Knox Investment Award is a cash prize of up to $20,000, exclusively available to WBCS Women's Business Enterprises, to help further business growth. Current members, in good standing, are welcome to apply annually for consideration.
Applicants are asked to do two things:
- Share how certification and WBCS has impacted their business
- Identify a need that, if met, would support the development of their business
Because WBEs provide services across a range of industries and are at different stages in their business development, the investment award can be utilized for myriad purposes and the amount requested can be any amount up to $20,000.
The Lillie Knox Investment Award is funded solely by member donations. The number of awards distributed and the amount of each award are determined by the total fund available as well as the merits of requests in each application.
Who was Lillie Knox?
Lillie Knox was a vital part of the history and current success of the Women's Business Council - Southwest (WBCS) and the Women's Business Enterprise National Council (WBENC). The Lillie Knox Investment Award was established in 2005 to memorialize Lillie for her support of Women's Business Enterprises (WBEs) through her commitment, passion, and determination to increase opportunities for female entrepreneurs.
Questions? Contact Director of Programs, Lindsay Pittard or (817) 299-0566, ext 207.
Eligibility Requirements
- Recipient(s) must be a current WBCS WBE in good standing
- The application must be completed by the owner of the certified business
- WBEs who have received a Lillie Knox Investment Award in the past are ineligible to submit an application for a period of two years following receipt of the award
- By submitting an application, you agree to be present at Harvesting Partnerships when recipient(s) are announced
Donating
If you are interested in supporting the Lillie Knox Investment Award, you can make a check payable to WBCS and mail to the address below. If donating via credit card, do not fax or mail your credit card information. Instead, contact Flo Cox at (817) 299-0566, Ext 203.
Women's Business Council - Southwest
5605 N. MacArthur Blvd., Suite 220
Irving, Texas 75038
FAQs
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How do I apply?
The application will open on Wednesday, September 12th and close on Friday, September 28th at 5 p.m. CST. This application will be live on this page.
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Who can apply?
Any Women's Business Council - Southwest Women's Business Enterprise member in good standing can apply.
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When is the application deadline?
Applications must be submitted by 5 p.m. CST Friday, September 28th.
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How many awards are given each year?
There is no set number of awards given. The awards are fully funded by donations, so it depends on the total fund available as well as the merits of requests in each application.
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How is the award amount determined?
The award amount is determined by the merits of requests in each application.
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Who selects the recipients?
The Selection Committee is made up of WBCS past board chairs, the current board chair, and the WBCS President.
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Are there any restrictions on funding requests?
No, but you must outline how you plan to use the funds in the application.
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Do I have to report on how the money is used?
Yes, but not a formal report. We simply want to know what you purchased with the Award and how it has impacted your business. We use this information in the program book for Harvesting Partnerships.
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When will the recipients be notified?
The recipients will be notified about three weeks before Harvesting Partnerships.
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What if I can't attend Harvesting Partnerships?
By submitting an application, you agree to be present at Harvesting Partnerships.
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If I won last year, can I apply this year?
You must wait for a period of two years before applying again.
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If I'm newly certified, am I eligible for the award?
Yes! New members are welcome to apply.
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If I receive an award, will my award amount be publicized?
No, individual award amounts will not be publicized.