Young Innovators Shine in NFTE Founders Forum Competition
Young Innovators Shine in NFTE Founders Forum Competition
The Network for Teaching Entrepreneurship (NFTE), a global education nonprofit dedicated to fostering entrepreneurship, recently celebrated its annual Founders Forum Pitch Competition. This exciting event awarded impressive prizes, with notable entrepreneurial talent showcased by participants.
Celebrating Emerging Talent
This year's standout winner of the competition was Jasstina Featherstone, who presented her business, Jazz Esscents Candle Co. Featherstone's innovative approach to creating dessert candles infused with aromatherapy not only won her the prestigious title but also a $5,000 award to help propel her business forward.
Other Participants and Their Achievements
In addition to Featherstone, other young entrepreneurs made significant strides at the event. Autumn Harmon from the city famed for its vibrant culture received $3,000 for her venture, Express Yourself Studio. Chardonnay Henry was also recognized, earning $2,000 for her contribution with Autism Axis Network. Together, these participants represent the thriving spirit of young entrepreneurs today.
The Journey to the Pitch Competition
The Founders Forum Pitch Competition serves as the culminating event of the Founders Forum Incubator Program, which equips NFTE alumni with the tools and mentorship needed to succeed. Since the program's initiation, a cohort of eight founders participated in extensive workshops aimed at enhancing their business acumen.
Throughout their journey, entrepreneurs received invaluable coaching from experienced advisors, honing their business plans and perfecting their pitches for the competition. This year's talented group consisted of individuals like Quincy Box, Rommie Hooper, and Miosha Randolph-Johnson, each bringing unique ideas to the table.
Expert Insights from the Judges
The panel of judges for the showcase included prominent leaders such as Lisa Hall and Rachel Kim, who provided critical feedback and insights to the contestants. Their experience in various sectors adds weight to the competition, enhancing the mentoring experience.
Keynote Address Inspires Future Leaders
Adding to the event's significance, Dèlano A. Johnson, an accomplished entrepreneur and CEO, delivered a keynote address aimed at inspiring these budding business owners. Johnson's speech encouraged participants to embrace challenges and strive for greatness in their entrepreneurial journeys.
Support from Industry Leaders
The event was further amplified by the support of organizations like PayPal. Tyler Spalding, Global Head of Social Impact and Sustainability at PayPal, expressed pride in joining forces with NFTE to foster innovation. He emphasized the importance of supporting young changemakers who wish to leave a positive mark in their communities.
Commitment to the Future
NFTE’s commitment to nurturing the entrepreneurial mindset among students has made a significant impact since its inception in 1987. With programs delivered across various educational settings, including online platforms, NFTE has created opportunities for over a million students to pursue their entrepreneurial dreams, regardless of their backgrounds.
Frequently Asked Questions
What is the NFTE Founders Forum Competition?
The NFTE Founders Forum Competition is an annual event where young entrepreneurs pitch their business ideas to win funding and support.
Who won the competition this year?
Jasstina Featherstone won the competition with her business Jazz Esscents Candle Co., receiving $5,000 in funding.
How do participants prepare for the competition?
Participants engage in workshops and receive coaching from experienced advisors to refine their business plans and pitches before the competition.
What kind of businesses are featured in the competition?
The competition features a diverse range of businesses, showcasing innovative ideas across various industries, including wellness and creative arts.
Who supports the NFTE initiatives?
Organizations such as PayPal and Ernst & Young LLP are key supporters of NFTE initiatives, providing funding and mentorship for young entrepreneurs.
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