Five Teenagers Receive $5,000 Scholarships; 126 Receive $1,000 Scholarships

May 30, 2012 at 8:09 am 1 comment

YEF Board Chair Kurt Summers, Christopher Zeoli, Brian Schroeder, Catherine Mitchell, Aaron Furrer, NFIB President Dan Danner

WASHINGTON, D.C. – April 24, 2012 – The National Federation of Independent Business Young Entrepreneur Foundation (YEF) announced today that five high school seniors have been selected to receive a $5,000 educational scholarship for their entrepreneurial endeavors. In May, one of the five will be named the 2012 Young Entrepreneur of the Year, awarded a total scholarship of $10,000, and recognized at the NFIB Summit in Washington, D.C. In addition, 126 teenagers will receive a $1,000 scholarship in tuition assistance from the foundation.

“The entrepreneurial spirit is alive and well in America and we at the NFIB Young Entrepreneur Foundation could not be more confident in our next generation of business owners,” said Kurt Summers, chairman, NFIB Young Entrepreneur Foundation Board of Directors. “We are extremely impressed with the quality of applicants who have applied for this year’s awards; our five finalists reflect the best of what our young innovators have to offer. Each young man and woman has exhibited an incredible drive for success, and I congratulate each of them for their accomplishments.”

This year’s $5,000 winners are:
•    Aaron Furrer of Monroe, WA. Three Firs Factoring uses an accounting practice to provide flexible and easy cash flow to local trucking companies. Factoring is a financial transaction whereby a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount in exchange for immediate money with which to fund continued business.
•    Catherine Mitchell of Oceanside, CA. Beauty 4 Life is a socially-minded business that sells jewelry handcrafted by Ugandan women. Its goal is to empower these women with a sustainable income so they may rise above poverty.
•    Anshul Samar of Cupertino, CA. Alchemist Empire, Inc., helps kids explore science and chemistry through gaming. Its first game release is Elementeo, in which elements have their own personality and fight with each other using their properties and oxidation states.
•    Brian Schroeder of Greenville, NC. SchroederDev LLC, is an independent software development firm that provides mobile users with innovative, primarily informational, applications, and provides clients with start to finish mobile development services including but not limited to coding, graphic design, server development, application administration, and technical support.
•    Christopher Zeoli of Poughkeepsie, NY. Zeoli Enterprises is a research and online marketing firm that specializes in search engine optimization, advertising and server configuration. It was recently expanded to include mobile application development for iOS and Android.

NFIB’s Young Entrepreneur Foundation established its scholarship program to raise awareness among the nation’s youth about the critical role of private enterprise and entrepreneurship in growing America’s economy. The foundation selected today’s recipients from a nationwide applicant pool. Award recipients will use the scholarships to attend the university, college, community college or career institute of their choice. Winners of the $1,000 scholarships are available here and will also be announced locally in the hometown press releases.

Click here to read about the 2012 winner, and see video interviews with the finalists.


The NFIB Young Entrepreneur Foundation is a 501(c)(3) organization promoting the importance of small business and free enterprise to the nation’s youth. More information is available at The Foundation is associated with the National Federation of Independent Business; NFIB is the nation’s leading small business association, with offices in Washington, D.C. and all 50 state capitals. Founded in 1943 as a nonprofit, nonpartisan organization, NFIB gives small and independent business owners a voice in shaping the public policy issues that affect their business. NFIB’s powerful network of grassroots activists sends their views directly to state and federal lawmakers through our unique member-only ballot, thus playing a critical role in supporting America’s free enterprise system.


Entry filed under: NFIB, Uncategorized, Young Entrepreneur, Young Entrepreneur Foundation. Tags: , , , , , , .

Best of Young Entrepreneur Foundation Blog – Part 1 NFIB Announces 2012 National “Young Entrepreneur of the Year”: Oceanside, CA Teenager Recognized with $10,000 Scholarship

1 Comment Add your own

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