SAN FRANCISCO, April 30, 2018 /PRNewswire-PRWeb/ -- NFTE (Network for Teaching Entrepreneurship) is proud to partner with the City of San Jose to present the City of San Jose Youth Entrepreneurship & Innovation Summit. This day-long event will bring together local business leaders and Bay Area high schoolers participating in the NFTE's programs across Santa Clara County. The event is supported by the Citi Foundation, Diana Davis Spencer Foundation, PayPal, EY, Bank of the West and the City of San Jose's Business Owner Space and Work2Future.
The Summit expects to draw over 150 attendees and will take place at the San Jose City Hall on Friday, May 4, 2018.
"I'd like to thank NFTE for their commitment to helping San Jose youth develop critical career skills that will help them participate in and benefit from the Silicon Valley innovation economy," said Mayor Sam Liccardo. "I look forward to welcoming 100 young entrepreneurs to this day-long summit."
NFTE is a global nonprofit that activates the entrepreneurial mindset in youth in underserved communities. One hundred current NFTE Bay Area students from six San Jose high schools, primarily from San Jose's East Side Union High School District (ESUHSD), who have won classroom competitions will participate in this Semi-Final business plan competition event. The winners will feed into NFTE's Regional Youth Entrepreneurship Challenge and the National Youth Entrepreneurship Challenge that takes place in NYC in the fall.
Students who make it to the final round of judging will compete in San Jose's City Council chambers and will be welcomed by Mayor Sam Liccardo and ESUHSD Superintendent Chris Funk. Students who have participated in earlier rounds of judging will have an opportunity to participate in enlightening afternoon workshops hosted by EY, PayPal, and the USPTO.
"It's a great privilege to showcase these exceptional students as part of the City of San Jose Youth Entrepreneurship & Innovation Summit because they've all developed the entrepreneurial mindset," said Alfredo Mathew, Director of Programs for NFTE Bay Area. "They really are the future of global innovation, financial inclusion and prosperity and we're delighted to partner with the City of San Jose to share their talents and businesses."
In addition, over 60 volunteers from the business community will have the unique opportunity to serve as coaches to the young entrepreneurs, helping to develop the students' entrepreneurial mindset and offering advice on how to improve their business plans and presentation skills. Volunteers will be paired with students, using their own achievements in business to encourage perseverance, innovation and self-reliance. The event also serves as a networking opportunity for those organizations and individuals interested in building the San Jose and Silicon Valley entrepreneurial talent pipeline.
"Our long-standing relationship with NFTE allows meaningful ways for our people to work with underserved young people and help them unlock the value of an entrepreneurial mindset," said Ibi Krukrubo, EY San Jose Managing Partner, who will also be a judge at the Summit. "At EY, we're deeply committed to developing future generations of talent and growing the social impact of entrepreneurs in San Jose and across the globe and we look forward to seeing these young entrepreneurs thrive and succeed."
About NFTE (Network for Teaching Entrepreneurship)
NFTE is an internationally recognized nonprofit that activates the entrepreneurial mindset in young people. Research shows that the entrepreneurial mindset—skills including innovation, self-reliance, comfort with risk, communication, and problem-solving—prepares young people for lifelong success. Equipped with the mindset, as well as the business and academic skills that NFTE teaches, NFTE students are ready to thrive in the innovation economy no matter what path they choose. NFTE focuses its work on under-resourced communities. Through its nationwide network of U.S. offices, NFTE programs reached almost 35,000 students in over 1000 schools last school year. Partnerships in eight other countries allowed NFTE to serve an additional 40,000 young people internationally. Learn more at nfte.com.
About the City of San José
Known as the Capital of Silicon Valley, San José is the nation's tenth largest city and the largest city in Northern California, with an ethnically diverse population of more than 1 million. San José was founded in 1777, once served as the state capital of California, and now encompasses 180 square miles. Facts about San José can be found at sanjoseca.gov.
BusinessOwnerSpace.com (BOS) is a partnership of 27 different organizations led by the work2future program of the City of San José that support small businesses through joint events, referrals, and direct services. Current assistance available through the BOS network include business planning, marketing, e-commerce and information technology support, hiring, procurement assistance, and tax preparation assistance, all offered at little or no cost to small businesses. Last year more than 50,000 services or referrals were provided to businesses by BOS partners. To provide access to information and resources 24/7, the BOS website has been streamlined and revamped and includes Spanish and Vietnamese translations.
work2future works closely with employers, job seekers, and partners to foster a skilled regional workforce that is able to stay competitive and satisfy employers' needs in a rapidly changing environment. The organization offers a range of services for individuals seeking retraining and reemployment, and also for regional employers needing human resource solutions. Programs targeting school-age and young adults allow these groups to get their careers off to a successful start. work2future operates Job Centers in San José, and Gilroy to implement the Workforce Innovation and Opportunity Act of 2014. While administered by the City of San José, work2future also provides workforce development services in the cities of Los Gatos, Morgan Hill, Los Altos Hills, Saratoga, Monte Sereno, and the unincorporated areas of Santa Clara County. For more information, visit work2future.biz.