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Student business owners could earn scholarships

nfib-logo-finalThe National Federation of Independent Business (NFIB) Young Entrepreneur Foundation announced that its scholarship application for the 2017 NFIB Young Entrepreneur Awards is now open through Dec. 18.

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.

Students may apply at NFIB.com/YEA.

“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 Director of NFIB’s Young Entrepreneur Foundation, Molly Young. “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 own 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 each 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, and the Dan Danner Leadership Award winner will receive $15,000. The remaining three finalists will each receive $5,000.

What do students need to know?

  • 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 a 501(c)(3) organization promoting the importance of small business and free enterprise to the nation’s youth. More information is available at 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. NFIB’s powerful network of grassroots activists send their views directly to state and federal lawmakers through our unique member-only ballot, thus playing a critical role in supporting America’s free enterprise system.

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