Goldman Sachs Foundation and The National Foundation For Teaching Entrepreneurship Celebrate the 6th Annual Youth Entrepreneurship Expo

NEW YORK–(BUSINESS WIRE)–As world leaders, representatives from academia and government continue to agree that entrepreneurship skills can indeed be taught, it becomes more important than ever to teach and prepare the future workforce to succeed in an ever-changing business environment. The National Foundation for Teaching Entrepreneurship (NFTE) is dedicated to doing just that, by providing entrepreneurial curriculum to students in low income communities to help build excitement for the years ahead by connecting skills learned in the classroom to real world business scenarios.

On Monday, February 23rd, 2009  student entrepreneurs from across the country will take the stage to present their exciting business plans at the 6th Annual NFTE and Goldman Sachs Foundation Youth Entrepreneurship Expo. Twenty-three aspiring young entrepreneurs, whose businesses range from Caribbean snacks and urban graphic t-shirts to grocery delivery services and organic cosmetics, will compete to receive grants to apply towards launching their business or college expenses. This year’s Expo will be held from 5:00 pm – 7:30 pm, at Ricker Auditorium, 180 Maiden Lane, New York, NY.

“There are children all over the world who possess a special talent that has yet to be discovered,” said NFTE President and Founder Steve Mariotti. “Our role is to help foster engagement in education, teach students invaluable lessons about business, creativity, drive and hard work, and ultimately increase their chances of success in business and life.”

The Youth Entrepreneurship Expo concludes months of hard work and creative planning by high school students from around the country who have competed in business plan competitions at several NFTE summer BizCamps funded by The Goldman Sachs Foundation.

“These students are the future business leaders and entrepreneurs,” said Stephanie Bell-Rose, President of the Goldman Sachs Foundation. “We at the Goldman Sachs Foundation want to help build the pipeline of the next generation of leaders.”

NFTE offers schools nationwide a hands-on entrepreneurship curriculum that exposes students from all backgrounds to invaluable life lessons. By the end of a NFTE course, students have developed a professional, well tested business plan, gained presentation skills and experience interacting in a team and with business professionals.

About The National Foundation for Teaching Entrepreneurship

The National Foundation for Teaching Entrepreneurship (NFTE) is a 501 (c) (3) nonprofit organization, whose mission is to teach entrepreneurship to young people from low-income communities. Since 1987, NFTE has reached over 230,000 young people. Currently, NFTE has more than 1,300 active Certified Entrepreneurship Teachers in 22 states and 13 countries. For more information, visit www.nfte.com.

About The Goldman Sachs Foundation

The Goldman Sachs Foundation was funded in 1999 with a $200 million donation from The Goldman Sachs Group, Inc. The Foundation’s mission is to promote excellence and innovation in education worldwide. The Foundation is an important extension of the tradition of philanthropy and public leadership at Goldman Sachs. Grants have been awarded in excess of $114 million since its inception, providing opportunities for young people in more than 20 countries.

source: http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090223006272&newsLang=en

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