Help Kids Be the CEOs of Their Futures

by Network for Teaching Entrepreneurship (NFTE)
Oct 24, 2013

The 2014 National Youth Entrepreneurship Challenge

the student presenters for the 2014 NYEC
the student presenters for the 2014 NYEC

The Network for Teaching Entrepreneurship (NFTE) is continuing our work to help at-risk youth stay in school and pursue a brighter future. With your support through the GlobalGiving platform, NFTE will serve close to 15,000 students in over 650 classrooms across the country during this school year. Our programs promote entrepreneurial activities as our students learn the real world skills necessary to enable career or high education pathways. As the new school calendar has begun, NFTE closed out the old year by bringing the winners of our Regional Business Plan Competitions to New York City on October 3rd for the 2013 National Youth Entrepreneurship Challenge.

Each of the participants came ready to pitch their entrepreneurial ventures, having honed their business plans through NFTE mentoring sessions and earlier competitions. In total there were 38 students representing 34 businesses at the Challenge. During an exciting, day-long event they were able to make their pitches to panels of judges. These students had been developing not just their unique business ideas, but also the marketing, financial, and operating processes during their time studying NFTE’s curriculum. After two competitive morning rounds, three businesses advanced to the finals; Jesus F. and Toheeb O. of Illinois for their innovative soccer shin guard business T&J Soccer, Juny N. of California for his necktie venture NeckCessories, and Dagim G. from Virginia for his sports blog The Audible.

Before the finals in the evening, the other 34 young entrepreneurs had a chance to present their wares during an exposition before the final round.  Melissa R. from New York City sold several containers of her herbal skin cream, Vera Natural, while Vanessa G. of Ohio, the founder of Piñata Time, showed off the colorful piñatas she crafts for children’s parties.  During this time, the four finalists were receiving words of advice on their presentations from celebrity entrepreneur and NFTE supporter Sean “Diddy” Combs.  Jesus and Toheeb mentioned to the judges during their question and answer session that they had taken Combs’ advice to heart in regards to their marketing strategy.  NFTE is grateful that he was able to mentor our students and participate in the National Challenge.

After the final presentations, and some intense deliberation by the judges, Jesus and Toheeb took home first place and $25,000 to further their education or grow their business. Juny and Dagim both received $5,000 for making it to the finals. First place (and $5,000) in the E*TRADE Elevator Pitch Competition was won by Aliyah W. of Missouri for the presentation of her stylized crutches and casts, Cool-Aid Crutch Wear. All told, NFTE awarded $35,000 in venture capital, scholarships, and other prizes at the Competition, and the students got to promote their companies, hear feedback from successful business executives, and network with top entrepreneurs. This spring a new group of NFTE students will take their first steps towards the 2014 National Youth Entrepreneurship Challenge when they compete in classroom competitions across the country. We’re looking forward to a great crop of new business next year!

Sean Combs mentoring the finalists
Sean Combs mentoring the finalists
Jesus and Toheeb presenting in the finals
Jesus and Toheeb presenting in the finals
T&J Soccer take home first prize!
T&J Soccer take home first prize!



About Project Reports

Project Reports on GlobalGiving are posted directly to 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:/​/​
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 Education that needs your help.
Find a Project

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence


Woman Holding a Gift Card
Gift Cards

Young Girl with a Bicycle

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.