Provide Tech Resources for Chicago Entreprenuers

A microproject by Network for Teaching Entrepreneurship (NFTE)
Vetted
the Chicago Citywide Challenge Finalists
the Chicago Citywide Challenge Finalists

NFTE Chicago recently celebrated am incredibly successful end to our 2014 – 2015 school year.  We were thrilled with the donations we received towards giving each of our students a USB drive to help with the creation of their business plans.  The culminating experience for NFTE students is the creation and presentation of a business plan.  In order to jumpstart this process, and allow for students in under resourced communities to have access to their work in a public setting, NFTE gives each student a flash drive with a business template on it to create and save their plan throughout the school year.  The donations we received through GlobalGiving helped us provide students with the opportunity to see the ideas they presented in their business plan come to life.  Thanks again for your contributions.

The Chicago Regional Business Plan Challenge was hosted by Morningstar on May 20th.   The winners of the various Chicago classroom competitions were honed down to 8 young entrepreneurs representing 6 teams in the semifinal round.  They converged on Morningstar to pitch their business plan to a panel of local entrepreneurs.  The reward: $3,000 in scholarships and prizes for the winner, along with a trip to New York City in October to present for a further $25,000 in prizes at the National Youth Entrepreneurship Challenge.  With a chance to push their ventures closer to reality by winning, the NFTE students were on their game for their presentations.

One of the big winners of the afternoon was the team of Marco Q. and Eduardo R., the co-founders of Inventive Smoothie.  A food trailer selling health conscious, fresh-ingredient smoothies to busy professionals in the metropolitan area, the duos ambitious startup grew out of a desire to combat obesity with healthier food choices.  Marcos and Eduardo were always interested in business, but say the NFTE program gave them new insight on how to jump-start a business, network, and see a problem as an opportunity.  They also learned to identify their individual strengths and weaknesses, allowing them to divide and conquer obstacles.  Marcos, who thrived doing the financials, will continue to pursue a degree in accounting; while Eduardo, who loved the marketing aspects, will pursue his degree in business.  For placing second, the team will advance to the National Challenge this October in New York.

Marco and Eduardo’s success reaffirms NFTE Chicago’s mission to reach and teach more young people about the unlimited possibilities of entrepreneurship.  Thank you again for your donations through the GlobalGiving platform.

Inventive Smoothie presenting in the Finals
Inventive Smoothie presenting in the Finals

Links:

 

About Project Reports

Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.

If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating.

Get Reports via Email

We'll only email you new reports and updates about this project.

Organization Information

Network for Teaching Entrepreneurship (NFTE)

Location: New York, NY - USA
Website: http:/​/​www.nfte.com
Project Leader:
David Seduski
Development Associate
New York, New York United States

Retired Project!

This project is no longer accepting donations.
 

Still want to help?

Find another project in United States or in Technology that needs your help.
Find a Project

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence

Snorkeler
Our
Impact

Woman Holding a Gift Card
Give
Gift Cards

Young Girl with a Bicycle
GlobalGiving
Guarantee

Sign up for the GlobalGiving Newsletter
WARNING: Javascript is currently disabled or is not available in your browser. GlobalGiving makes extensive use of Javascript and will not function properly with Javascript disabled. Please enable Javascript and refresh this page.