FOR IMMEDIATE RELEASE
PIERRE, S.D., Nov. 17, 2016—A little over a month remains for business-minded high school seniors to apply for a nationally prominent Young Entrepreneur Foundation scholarship from the National Federation of Independent Business (NFIB), the nation’s largest and leading small-business association.
High school seniors who run their own business and plan to attend a two- or four-year university, college, or vocational institute during the fall of 2017 are eligible to apply. The application period is open through December 18, 2016.
“These young entrepreneurial talents are the future of our nation and it’s so important that we acknowledge and reward their creative and innovative spirits and tireless work ethic,” said Molly Young, director of NFIB’s Young Entrepreneur Foundation. “NFIB’s Young Entrepreneur Foundation is proud to award 100 of our nation’s most impressive young business leaders with scholarships to encourage them to continue to build on their entrepreneurial dreams.”
The NFIB Young Entrepreneur Foundation offers scholarships that recognize high school seniors who have demonstrated entrepreneurial spirit and initiative through having established and run their businesses. The scholarship program’s goal is to raise awareness among the nation’s youth of the critical role that private enterprise and entrepreneurship play in the American economy.
Thanks to Visa Inc. and other small business supporters, 95 scholarship winners will receive a $2,000 award, and five students will be chosen as Young Entrepreneur of the Year Award finalists and will attend an event in Washington, D.C. The Young Entrepreneur of the Year recipient will receive $15,000, the Dan Danner Leadership Award winner will receive $15,000, and the remaining three finalists will each receive $5,000.
What do students need to know?
- The application process is open through December 18, 2016.
- 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.
- The Award recipients are selected by an independent scholarship organization. Scholarships are merit-based, not based on financial need.
More information about the YEF scholarship program and past recipients are available here.
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 advocacy 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 through our unique member-only ballot, thus playing a critical role in supporting America’s free enterprise system.
National Federation of Independent Business/South Dakota
PO Box 280
Pierre, S.D. 57501