Chad Faaborg Scholarship | Award for Future Business LeadersThis is a $1,000 essay-based scholarship for students who think like entrepreneurs — regardless of their major, GPA, or background. If you have a story to tell and a vision for where you’re headed, this award was made for you.
This scholarship is for the student who doesn't fit neatly into one box — the one who has an idea they can't shake, a side hustle they can't stop thinking about, or a vision for a better way of doing things. Whether you're studying business, healthcare, design, agriculture, or anything in between, if you have an entrepreneurial spirit and the drive to back it up, this scholarship was created with you in mind.
Chad Faaborg built two full careers from the ground up, worked in five states, and started over more than once. He created this scholarship because he knows that the most driven, creative, and resilient people don’t always have the easiest road — and a little support at the right moment can change everything.
Chad Faaborg has lived many professional lives — chiropractor, industrial designer, project manager, farmhand, and caregiver. Over a career spanning three decades and two completely different fields, Chad learned that success doesn’t always travel in a straight line. It pivots. It rebuilds. It finds a way.
Now based in Exira, Iowa, Chad created this scholarship to invest in students who carry that same entrepreneurial hunger — people who see problems as opportunities and aren’t afraid to chart their own course.
The Chad Faaborg Scholarship for Entrepreneurs awards $1,000 to one deserving student each cycle who demonstrates real entrepreneurial thinking, personal resilience, and a clear vision for what they want to create in the world.
Education is one of the most important investments you’ll ever make — and so is believing in yourself enough to pursue your own path. This $1,000 scholarship is designed to lighten the financial load so you can focus on learning, building, and growing.
No GPA minimums. No major requirements. Just your story, your ideas, and your drive.
Applications are essay-based and reviewed holistically. We want to hear from the real you.
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Chad Faaborg Scholarship for Entrepreneurs | Exira, Iowa Questions? Contact us at [email protected] This scholarship is privately funded and independently administered.
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Exira, IA