NEW YORK, March 24, 2015 /PRNewswire/ -- The Network for
Teaching Entrepreneurship (NFTE) today announced a $1 million pledge from the MasterCard Center for
Inclusive Growth – support which is launching the Global Girls
Entrepreneurship Project and sustain ongoing education programs in
U.S. and internationally.
MasterCard and the MasterCard Center have been supporters of
entrepreneurship education programs at NFTE since 2001. The recent,
$1 million investment for the
2014/2015 school year:
- Launches Global Girls Entrepreneurship Project, in Miami/South
Florida, New York City,
St. Louis, Washington, DC and the Westchester, NY/Fairfield County, CT region.
- Supports international entrepreneurship education programs in
Mexico, China, Belgium as well as Partnership in
Opportunities for Employment through Technology in the Americas
(POETA) centers in Brazil,
Colombia and Mexico.
- Sustains title sponsorship of NFTE's annual signature events:
The National Youth Entrepreneurship Challenge, The NFTE Global
Showcase and Day of Learning for the 2014/15 school year.
- Creates and promotes a video series – My Moment – highlighting how young people around
the world are using entrepreneurship as their path to financial
inclusion.
- Provides ongoing support for NFTE education programs.
"Everyone affiliated with MasterCard is proud to support the
life-changing impact of entrepreneurship that NFTE delivers to
young people worldwide," said Monica
Chaves, Director of Global Philanthropy for MasterCard and
the MasterCard Center for Inclusive Growth. "When young people
learn about and experience the power of entrepreneurial thinking,
it changes their outlook and opens real doors to financial
inclusion and prosperity – especially for those who have been
traditionally overlooked or left behind."
The Global Girls Entrepreneurship Project is a new NFTE
initiative which offers dedicated programming, specifically
designed for young women in high school. Through the program, girls
will have access to strong female role models and collaborate with
women entrepreneurs and corporate leaders in experiential learning
that spurs innovation, develops the entrepreneurial mindset,
teaches business and leadership skills, exposes them to technology
and STEM careers, and explores the unique aspects of being a woman
business owner/leader. The project is co-sponsored by the
Coca-Cola Foundation.
One of the signature NFTE events which MasterCard will continue
supporting is the NFTE Global Showcase, presented by MasterCard.
The 2015 Showcase is March 25, 2015
and will bring some of the world's best student entrepreneurs and
entrepreneurship teachers to New York
City to share and be recognized for their achievements.
In keeping the commitment to provide young entrepreneurs with
strong female role models, Sara
Blakely, founder of Spanx, will be an honored guest at the
2015 Showcase. Students at the 2015 Showcase will also hear from
Raja Rajamannar, Chief Marketing
Officer of MasterCard Worldwide and watch "My Moment" videos – which relate inspiring
entrepreneurship stores of young people from around the world.
Built around the Global Showcase is the Day of Learning which is
an opportunity for students to interact with and learn from
high-level business experts. For the 2015 MasterCard Day of
Learning, NFTE students will hear from international branding
experts from Google, Twitter and MasterCard.
"We simply could not do what we do without the generosity and
vision of our friends at MasterCard," said Shawn Osborne, President and CEO of NFTE. "Their
ongoing support for expanding inclusion through entrepreneurship is
inspiring and broad – not just financial. MasterCard employees
volunteer in our classrooms and mentor our students, it's an
amazing and fully engaging commitment."
MasterCard (NYSE: MA), www.mastercard.com, is a technology
company in the global payments industry. We operate the
world's fastest payments processing network, connecting consumers,
financial institutions, merchants, governments and businesses in
more than 210 countries and territories. MasterCard's products and
solutions make everyday commerce activities – such as shopping,
traveling, running a business and managing finances – easier, more
secure and more efficient for everyone. Follow us on Twitter
@MasterCardNews, join the discussion on the Cashless
Pioneers Blog and subscribe for the latest news on the Engagement
Bureau.
The MasterCard Center for Inclusive Growth was created to foster
collaborative relationships between academia, governments,
nonprofits, the social design community, and the private
sector. Through the advancement of research and strategic
philanthropic investments, the Center supports and enables those
historically excluded from financial services and serves as a
catalyst for change.
Network for Teaching Entrepreneurship Since 1987, the
Network for Teaching Entrepreneurship (NFTE) has taught and
inspired more than 500,000 young people to pursue educational
opportunities, start their own businesses, and succeed in life. By
providing entrepreneurship education programs relevant to the real
world, NFTE empowers students to own their education and future
success. NFTE has programs run through 17 U.S. program offices and
in 9 countries. To learn more visit www.nfte.com, like us on
Facebook at www.Facebook.com/NFTE and follow us on Twitter at
@NFTE
An example of a "My Moment" video
is here:
http://mastercardcenter.org/impact/nina-maniphak-moment/
Derek.Newton@NFTE.com 917-281-4316
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SOURCE Network for Teaching Entrepreneurship