CHASM Grant

CHASM is a new digital platform committed to reducing the funding gap experienced by women entrepreneurs. With a focus on inclusive economic growth, CHASM aims to support female founders and their ventures by providing them with financial resources to build and grow impactful businesses. Their inaugural CHASM Grant represents the organization’s first effort to directly fund early-stage women-led businesses across the United States. The CHASM Grant provides a one-time award of $20,000 to selected founders who are building bold and equitable businesses. This funding is non-dilutive and intended to be flexible, allowing recipients to apply it where most impactful in their business operations, whether for hiring, product development, marketing, or other business-critical activities. CHASM emphasizes support for companies that are in the pre-seed or seed stages and are demonstrating early traction or are in growth phases. To qualify, applicants must be 18 years or older and based in the United States. They must be founders or co-founders of a for-profit business, and identify as current entrepreneurs. A core eligibility criterion is that applicants must either identify as female or be building ventures that advance equity for women and girls. Past recipients of the CHASM Grant are ineligible to reapply. Applicants are also expected to provide a clear plan for how they intend to use the $20,000 award to grow or strengthen their business. Applications are currently open and can be submitted through the CHASM platform. The application process is streamlined, with an estimated completion time of 10 to 15 minutes. While the specifics of the application questions are not provided in the announcement, the simplicity and accessibility of the form are highlighted to encourage a wide range of eligible applicants to apply. The submission deadline for the current CHASM Grant cycle is July 23, 2025. There is no indication that this grant is recurring or offered on a rolling basis, so prospective applicants should be mindful of the listed closing date. No information has been provided about the date of the award announcement or any interim steps, such as letters of intent or concept paper deadlines. Contact information and application-specific assistance have not been disclosed in the current announcement. Applicants are advised to use the provided platform link for submission and to direct any follow-up questions through that portal if available. This grant provides an opportunity for underrepresented founders to secure funding without giving up equity and positions itself as a catalyst for early-stage growth for women-led companies across all industries.