Visa Pledges $300,000 for the Education of Young Entrepreneurs

Visa USA said Monday that they will distribute a $300,000 grant to the National Federation of Independent BusinessYoung Entrepreneur Foundation to be a copresenting sponsor of the organization’s educational programs that aim to ignite the entrepreneurial spirit in students nationwide.

Todd Stottlemyer, NFIB president and chief executive officer, said the NFIB/Visa USA partnership is a solid step towards promoting careers in entrepreneurship to more high school and college aged students.

“The U.S. economy and our rapidly changing world of new ideas, products, and technologies depend upon the entrepreneurial spirit flourishing in America,” Stottlemyer said.

Three resources that Visa’s grant will sponsor are:

* The Entrepreneur-in-the-Classroom program – a three-module curriculum designed to bring real life stories of entrepreneurship into the classroom. The program enables students to learn first-hand about the rewards, risks, and opportunities of operating a small business.

* Take Time to Teach Mentoring – a program designed to familiarize teachers with the subjects of small business and entrepreneurship. NFIB-member entrepreneurs serve as mentors to educators and offer real-world advice and expertise on starting and running a business.

* Johnny Money: The Online Game – It enhances students’ exploration of the risks and rewards of small-business ownership. The game will be used to reinforce lessons learned through the EITC curriculum by simulating the day-to-day responsibilities of a small business.