Massachusetts Student in the Fast Lane to Success
High-school senior receives top award in Plan for the FutureSM competition
WASHINGTON, D.C.—If it's up to Jon Fischer, teen drivers will soon be rethinking their need for speed. Fischer, a 17-year-old high-school senior from Lunenberg, Mass., who invented a product allowing parents to monitor the driving habits of their teenagers, received the grand prize in the inaugural Plan for the FutureSM youth business plan competition.
|
|
| Troy Janisch of BizFilings, Plan For the FutureSM winner Jon Fischer, NFIB President Todd Stottlemyer |
Troy Janisch of BizFilings presented the $7,500 grand prize to Fischer at the 2006 NFIB National Small-Business Summit in Washington, D.C. Fischer plans to use the award to help launch the Speed-Demon, which is expected to cost $149.
"The Plan for the Future competition is an excellent opportunity for students like Jon Fischer to develop important entrepreneurial skills and learn business strategies early on," said Hank Kopcial, executive director of the NFIB Young Entrepreneur Foundation. “At NFIB, we have an ongoing commitment to promoting and encouraging the teaching of entrepreneurship in high schools and colleges.”
DeVon Ellis-Grant of Summerville, S.C., won the $5,000 second-place prize for his business, D.E.G. Productions, an independent multimedia production company. Winning the $2,500 third place is Matthew Schuster of Hampton Cove, Ala. He created a business plan for MS Productions/Sound Score Productions, a sound and lighting business.
Eight additional high-school and college students won $1,000 cash prizes.
Applications for the 2007 Plan for the Future contest will be available in January.
