2015 NFIB Young Entrepreneur Award Applications Open!
The National Federation of Independent Business (NFIB) Young Entrepreneur Foundation opens the scholarship application process for the class of 2015 NFIB Young Entrepreneur Awards. Applications will be accepted through December 18, 2014.
Each year, the NFIB Young Entrepreneur program offers non-renewable scholarships that recognize young people who have demonstrated entrepreneurial spirit and initiative with college scholarship, ranging in value from $1,000 to $15,000. The program was established to raise awareness among the nation’s youth of the critical role that private enterprise and entrepreneurship play in the building of America.
Creating a new generation of entrepreneurs is one of this country’s greatest needs; that is why we are so excited to open the scholarship process to a new class of young entrepreneurs. Each year, the quality of applicants who have pursued the scholarships is extremely impressive and this year, our expectations are even higher. We at the NFIB Young Entrepreneur Foundation could not be more confident in our next generation of business owners. Any high school senior with a budding business and an innovative spirit is encouraged to apply.
Applicants for the NFIB Young Entrepreneur Awards must be graduating high school seniors who are entering their freshman year at an accredited two-or four-year university, college, or vocational institute in the fall of 2015. They must also demonstrate entrepreneurial spirit and initiative through having established a business of their own.
Educators: pass this opportunity along to your students. Help NFIB encourage entrepreneurship, by providing opportunities for budding young entrepreneurs to further their educational pursuits.
What do students need to know?
- Students are able to apply October 1, 2014 thru December 18, 2014.
- The independent selection committee will review all applications and select semi-finalists. Semi-finalists will be notified by mid-January.
- Semi-finalists must be interviewed by an NFIB member, who will be assigned to each semi-finalist.
- This award is NOT based on academic qualifications or financial need, but is based on the applicants’ entrepreneurial initiative.
The NFIB Young Entrepreneur Foundation is committed to educating young people about the critical role of small business and the American free enterprise system. Since 2003, YEF has awarded over 2,500 scholarships worth more than $2.5 million to graduating high school seniors.
More information about the YEF scholarship program and past recipients is available here.
- Watch the videos of the 2014 NFIB Young Entrepreneur Award winners, and discuss what makes these young entrepreneurs worthy of the NFIB Young Entrepreneur Awards.
- Have the students practice interviewing one another, in preparation for the scholarship interviews. Prepare answers to questions such as:
- What is your definition of entrepreneurship?
- Why do you think free enterprise is important in America society?
- Why does owning your own business appeal to you?
- What skills have you learned from owning your own business that are applicable to your life outside of owning your business?
Entrepreneur In The Classroom: The NFIB Young Entrepreneur Foundation Entrepreneur-in-the-Classroom (EITC) supplemental curriculum exposes students to entrepreneurship and the necessary steps to take an idea and turn it into a business. The FREE curriculum can be integrated into classes teaching a variety of subjects including music, art, fashion, business and many more. You must be registered to view the full Entrepreneur-in-the-Classroom curriculum.
More Information: 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 www.NFIB.com/YEF. 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.
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