Xochitl Guzman, founder and operator of Create Awake, a Los Angeles based small business, has won the Steve Mariotti Venture Award Pitch Challenge from the Network for Teaching Entrepreneurship (NFTE).
In the 2012-2013 academic year, NFTE Bay Area partnered with SAP to develop and implement our inaugural Technology Challenge. The goal of the challenge was to incentivize NFTE students to create businesses that utilized technology, such as ecommerce websites and mobile apps.
This year’s World Series of Innovation is the biggest and most competitive World Series we’ve ever held. Students from around the world had the opportunity to submit their innovation to 11 challenges, ranging from beverage marketing plans to new technologies for education, in the hopes of winning the grand prize.
Students from nine nations including Algeria, Haiti, Austria, Chile and Thailand – more than 700 entries overall – shared their innovations this year and could win up to $10,000 in cash and prizes in the challenges.
The following is a Q&A with NFTE Bay Area Board Member Dean Sivara; Mr. Sivara is the Vice President of Ideation for the Global Business Incubator at SAP.
Why are you involved with NFTE?
I have been involved with NFTE for 2 years. The organization focuses on introducing entrepreneur principles to under-privileged kids, which is an excellent cause to promote technology and entrepreneurship to kids who don’t have many resources in their young lives.
What motivates you?
Helping young people obtain more insights into how to start a business. Helping young people achieve business goals and push towards entering college.
I had a wonderful experience today helping chart the course for bringing financial literacy to all young Americans. I joined the President's Advisory Council on Financial Capability in presenting our findings to President Obama.
Michael Chow and David Bettner, then of Zynga with Friends, headlined a panel discussion on entrepreneurship at NFTE Bay Area’s Youth Entrepreneurship Challenge. Michael and David are best known for inventing and releasing Words with Friends, which topped 60 million downloads.
Today at 9:00 AM ET (Tuesday, November 27th) the Microsoft Giving Tuesday begins! This is your last chance to Double Your Impact and your gift to NFTE through the generosity of the people at Microsoft. Matches will be made up to $1,000 per donor, per project on the Give For Youth website, and funding is limited.
NFTE's program offices anticipate helping more than 18,000 students discover entrepreneurship this school year. That's nearly 2,000 additional students compared to last school year.
The South Florida program office, in 2011-2012, reached the most students overall, while the NY Metro program office brought NFTE to the most schools. The chart below shows the number of schools where NFTE is at work and the number of students who completed the program.