Calling all emerging jewelry designers! Are you a single mother with an entrepreneurial mindset who happens to be in the jewelry creation niche? If so, the Halstead Grant might be able to help! Getting a grant as a single mother who is trying to get her jewelry business off the ground could be a game changer, and this one awards a whopping $7,500 to the winner. If this sounds like a good fit for you, you can apply for this grant here and can read on to learn more about how it works below.
About the Halstead Grant
The jewelry industry has been around for a long, long time, and in order to have a healthy market, you must have a constant influx of new ideas. Each summer, the Halstead Grant aims to aid in this influx of creativity and talent by awarding one lucky designer with $7,500 in startup money and an additional $1,000 in merchandise, not to mention industry recognition. This grant is a sizable amount of money from a long-standing jewelry company.
How to Apply for the Halstead Grant
The Halstead Grant application process is simple. You can apply online via their website here. Applicants must be citizens of the United States and their business must have been started within the past three years. It is suggested that all applicants already have a jewelry collection (which features a significant amount of silver) that is ready to put on the market.
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All applicants are required to supply a portfolio, as well as answer a series of essay-style questions. “We break it down to make strategic planning less intimidating,” says Hilary Halstead-Scott, Halsteads president. Halstead believes that the ability to search resources out and persevere, are skills critical to being a successful entrepreneur.
The essay questions touch on all aspects associated with running a small business. Here are a few examples to give you an idea about what to expect:
- What pricing strategy do you have?
- What production capacity are you currently at?
- What elements do you have that are unique to you?
Halstead-Scott explains that they don’t expect candidates to know all of the answers off the top of their heads. The process involves being resourceful and reaching out to your mentors and network to get the guidance needed. It can be a learning process for applicants and it shows the judges you are serious about your jewelry line business.
About the Halstead Company
Since the Halstead Grant began in 2006, it has given many talented, up-and-coming jewelry artists the boost they need to get their foot in the door of this challenging industry. When questioned, past grant winners stated that receiving the grant money was a definite turning point in their careers. It happened for many of them at a time when they were trying to decide if working in a jewelry studio was even possible. Right when they needed the validation, they got it and were able to launch their business.
This is all made possible by the Halstead Company, a strong supporter of small business. Halstead started out as a small family business 40 years ago, and with a lot of hard work, it has grown into what it is today; a trusted supplier of jewelry materials to many jewelry makers and studios.
Already Have a Jewelry Line? Apply Today
Receiving the Halstead grant is a great honor sought after each year by many applicants. While the competition for the money is guaranteed be tough, the rewards are quite generous at a total of $8,500 in cash and merchandise. This grant is not exactly easy to qualify for as you do need to have your own jewelry collection already. It’s not intended for someone who is only just starting to create their own jewelry. However, if you already have a collection and want to take things to the next level, applying for the Halstead Grant is a great idea. If you do end up being awarded the money, you will also receive exposure for yourself and your business, which may be even more valuable than the money in the long run. Interested? Apply today and find out if you will be the 2018 winner!
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