The National Federation of Independent Business (NFIB) Young Entrepreneur Foundation today announced that the scholarship process for the class of 2013 is now open and accepting applications for the NFIB Young Entrepreneur Awards.
Each year, the NFIB Young Entrepreneur program offers non-renewable scholarships that recognize young people who have demonstrated entrepreneurial spirit and initiative with college scholarships, ranging in value from $1,000 to $10,000. 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,” said senior manager of the Young Entrepreneur Foundation Molly Young. “Each year, we are extremely impressed with the quality of applicants who have pursued the scholarships and this year, our expectations are even higher. We encourage any high school senior with a budding business and an innovative spirit 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 2013. They must also demonstrate entrepreneurial spirit and initiative through having established a business of their own.
What do students need to know?
- Students are able to apply October 1, 2012 thru December 17, 2012.
- 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.
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, the NFIB Young Entrepreneur Foundation has awarded 2,300 scholarships to graduating high school seniors totaling more than $2.5 million. The photo shows some past winners.