(Boston), April 16, 2014 — The National Federation of Independent Business Young
Entrepreneur Foundation today announced the Massachusetts recipients of the 12th
annual NFIB Young Entrepreneur Awards, a scholarship program designed to reward and
encourage entrepreneurial talents among high school students. More than 600
students nationwide applied for a YEF scholarship this year and NFIB is proud to award two scholarships to young
entrepreneurs in Massachusetts.
The 2014 YEF
Award winners from Massachusetts are:
winner of the NFIB/Massachusetts
Leadership Council Young Entrepreneur Award and a senior at Hull High. Christian, of Hull, MA, runs Fuda Customs, which specializes in customizing athletic shoes and
footwear with original artwork.
Jesse Scheinbart, winner of the NFIB/OPR Systems
Inc. Young Entrepreneur Award and a senior at Westborough High. Jesse, of
Westborough, runs Chained Reaction, which specializes in jewelry made from
rubber and aluminum rings and exotic hardwoods.
“Small business is the
backbone of the Massachusetts economy and there’s no better way for young
people to improve their futures and help their communities than to start a
business that creates jobs and opportunities for others,” said NFIB State Director Bill Vernon.
In 2014, the NFIB
Young Entrepreneur Foundation awarded 100 Young Entrepreneur Award
Scholarships to students across the country. Each award is between
$1,000 and $15,000. Students who received the Young Entrepreneur Award are
seniors in high school who own and/or operate their own small business. The
scholarships are used to help with tuition costs for the winners’
post-secondary education. NFIB’s Young Entrepreneur Foundation awarded
$145,000 to deserving young entrepreneurs in 2014, thanks to the financial support from numerous
small business leaders, corporate and foundation supporters. A complete list of
donors is available here.
people have caught the entrepreneurial bug, and we at the NFIB Young
Entrepreneur Foundation could not be more confident in our next generation of
business owners,” said Molly Young, Senior Manager of the Young Entrepreneur
Foundation. “The number of applicants for the NFIB Young Entrepreneur
Awards continues to grow and we are impressed year after year with the quality
of these hard-working, innovative high school students who are making their
entrepreneurial dreams happen. Our scholarship winners are driven to succeed;
our nation’s future is all the brighter because of their determination and
leadership. NFIB congratulates this year’s winners for their tremendous
accomplishments and hopes the scholarships will assist these young entrepreneurs
as they continue on their paths towards successful futures.”
In addition to recognizing
these outstanding young entrepreneurs, the Young Entrepreneur Foundation will
honor five students selected as Young Entrepreneur of the Year Award finalists
with an awards ceremony in Washington, D.C. on July 16th. During the
event, the winners of the “2014 NFIB Young Entrepreneur of the Year” and “2014
NFIB Dan Danner Leadership Award” will be named and each awarded a $15,000
scholarship. The remaining three finalists will each receive a $5000.00
scholarship. A full list of this year’s winners is available here.
To qualify for an
NFIB Young Entrepreneur Award, students must be seniors in high school who own
and/or operate their own small business. They are required to write an essay
describing their entrepreneurial endeavors and future goals. NFIB members around the country interview the applicants for the Young
Entrepreneur Awards. Since 2003, YEF has awarded over 2,500 scholarships worth
more than $2.5 million to graduating high school seniors.