Results tagged as "entrepreneurship"

  • Activating the Youth Entrepreneurial Mindset with a Charge to Change the World

    March 19, 2018 10:30 AM

    ​Each year, NFTE (Network for Teaching Entrepreneurship) invites students to think of creative solutions to help meet the United Nations’ global goals. For the 2018 World Series of Innovation (WSI), as part of its Pathways to Progress program, the Citi Foundation launched the Decent Work Challenge, which tasked young entrepreneurs with designing a practical innovation that promotes access to decent work and safe working environments (Sustainable Development Goal 8). Citi employees volunteered to serve as judges in the selection of the WSI finalists. Below, the volunteer judges share their experiences of participating in the virtual challenge.

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  • The Places Thinking Like an Entrepreneur Will Take You: Reflections from a NFTE and Pathways to Progress Alum

    By Khaled Khalifa, NFTE Alum and NFTE Citi Foundation Entrepreneurship Fellow October 19, 2017 12:15 PM

    On Thursday, October 12, I had the opportunity to co-host the NFTE National Entrepreneurship Challenge, presented by the Citi Foundation, which brought together 41 NFTE students from across the country to share their business ideas and compete for a total of $35,000 in startup capital.

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  • From Comic Book Heroes to Cracked Phone Screens - Young Entrepreneurs Have their Sights Set on Success

    October 12, 2016 12:30 PM

    “We’re just 8th graders!” This disclaimer from youth entrepreneurs Anna Doherty and Hope Sacco sent waves of laughter around the auditorium. The duo might have been only in the 8th grade, but under bright lights, in front of a giant screen and an eager audience, their business pitch at the Network For Teaching Entrepreneurship (NFTE) National Youth Entrepreneurship Challenge (presented by the Citi Foundation) made it clear to hundreds of attendees that the business partners were serious about taking their success to the next level. The Baltimore-based co-founders of Girls Coloring for Change, a coloring book featuring illustrations of inspiring women, wowed guest judges, including returning judge David Chubak, Citi’s Head of Productivity. Their passion for empowering young girls, compelling team dynamic, and early business success in bookstores helped score them points. The pair ultimately walked away with the $25,000 grand prize package, which included a college scholarship and resources to help their business grow.

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  • Points of Light Recognizes Citi on Civic 50
    List of Most Community-Minded Companies
    in the U.S.

    By Ed Skyler, Executive Vice President for Public Affairs, Citi June 29, 2016 02:45 PM

    When we think about the many ways that Citi makes a difference in our communities, whether by helping get the lights turned back on in Detroit, volunteering in our neighborhoods or helping young people prepare for jobs in today’s economy, we’re always gratified by recognitions from organizations like Points of Light, the largest organization dedicated to volunteer service in the world.

    This year, for the fourth year in row, we’re honored to be included in Points of Light’s Civic 50, an initiative that honors the 50 most community-minded companies in the U.S. This year’s Civic 50 honorees were selected for demonstrating a consistent commitment to helping to address a wide range of societal challenges through volunteerism, responsible business activities and philanthropic support.

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  • Four Stories, Four Paths: The Road to Success

    By Brandee McHale, President of the Citi Foundation and Director of Corporate Citizenship, Citi October 21, 2015 10:00 AM

    All stories carry meaning. They hold information about the world we live in; they inform us about work we still have to do as a society and how effective our efforts have been in addressing change. I have witnessed the power of stories, first-hand. At the Citi Foundation, we work towards catalyzing collective impact—to inspire young people to believe in themselves and their future—by supporting diverse and high-performing organizations doing meaningful work on the ground and by leveraging our own expertise and resources. I am proud to highlight some of these stories of impact that are the result of collaboration and an investment far beyond dollars.

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  • Youth Entrepreneurs Score High on Leadership and Success

    By David Chubak, Head of Productivity, Citi October 16, 2015 10:00 AM

    Selecting one young person from three talented and business-savvy finalists at the Network for Teaching Entrepreneurship (NFTE) National Youth Entrepreneurship Challenge, presented by the Citi Foundation, proved to be quite the exercise. On October 6, as part of the Challenge, 49 top young entrepreneurs, ages 16-24, from across the U.S., arrived in New York City for the opportunity to pitch their business ideas. The enthusiasm in the NFTE judges’ deliberation room for the final round was as palpable as the passion exhibited by the student participants on stage. We knew what was on the line – the chance to make a new business venture begin, with the help of a prize package worth approximately $25,000, including a college scholarship and access to business expertise.

    At Citi, I’m excited to work with colleagues who drive results with imagination and determination. Innovation has been key to scaling the company’s strategy across the globe. When I’m working to take our execution to the next level, much like these young entrepreneurs are taking the next step in growing their business and their skillset, it’s critical that I tap into Citi’s strengths. NFTE and the Citi Foundation are doing this as well by empowering youth: by developing their entrepreneurial mindset, equipping them with tools to problem-solve, and instilling confidence.

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  • Meet Fatema Khatun – Best Woman Entrepreneur in Bangladesh

    By Regina Seow, Managing Director, Corporate Affairs and Head of Corporate Citizenship, Asia Pacific, Citi September 10, 2015 01:45 PM

    Farah Rahman, Bangladesh Head of Corporate Affairs (left) and Regina Seow (right), meet with Fatema Khatun, named the CMA Best Women Entrepreneur of the Year for 2015 (center).

    It was an opportunity – in the form of a microloan - that changed Fatema Khatun’s life, and the lives of those around her.

    I recently had the privilege to personally meet three outstanding microentrepreneurs, including Fatema, at the 10th Citi Microentrepreneurship Awards (CMA) presentation ceremony in Dhaka, Bangladesh. The CMAs are supported by the Citi Foundation and happen in more than 30 countries around the world.

    Each microentrepreneur had a courageous story to share. Each had made a successful living from nothing and fought against poverty to make their way up the economic ladder.

    It was heartening to hear how their microenterprises have helped enable their children to be educated, created employment for their neighbors and inspired some in their village to start their own businesses. Their incredible stories really brought to life the aim of the CMA program, which is to raise awareness about the importance of microentrepreneurship and microfinance in supporting the financial inclusion and economic empowerment of low-income individuals.

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  • Citi Sponsors the 2015 Company of the Year Junior Achievement Awards

    By Christoph Schlueter, Public Affairs Officer, Citi Germany August 10, 2015 02:00 PM

    Citi’s Christoph Schlueter with the student company Orenda, winners of the Citi Remarkable Customer Service Award

    In July 2015, The Citi Foundation funded the ‘Citi Remarkable Customer Service’ award at the very successful 26th annual Company of the Year Competition (COYC) by Junior Achievement (JA) Europe.

    The company that lifted the trophy for the most remarkable customer service was student company Orenda from the UK. The students impressed the Citi Signature Award jury with their strong attention to the customer experience. Orenda created the vibrant and practical Sip ‘O’ Snack innovative water bottles with a multi-purpose compartment, enabling their clients to take their favourite drinks and snacks wherever they go.

    Over 200 COYC students gathered in Berlin, Germany between July 28 - 31 to celebrate the top mini-companies from Europe. 37 student-teams from 36 countries competed as part of JA Europe’s flagship Company Programme, which gives them an opportunity to set up and run a real business with the support of business mentors. During the three days of the event, the student mini companies impressed with innovation, professionalism, enthusiasm and passion.

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  • Strengthening the Power of Women in Business in El Salvador

    By Ana Vilma Fagoaga, Global Public Affairs, Citi July 06, 2015 03:00 PM

    The role of women in the business world has progressed by leaps and bounds in recent years. To support this progress, Citi has created a Mentoring Program with Vital Voices, with the aim of creating alliances between Citi executives and female entrepreneurs to support their business projects through mentoring relationships and tutoring sessions.

    In 2013, pilot programs launched in Argentina, Egypt, Kenya and El Salvador. In El Salvador, mentors from Citi participated by giving their time and expertise across a variety of different areas to El Salvadoran women who were looking to improve their businesses. Over twenty mentor/mentees teams worked together for over a year. During their time, mentors provided feedback on mentee projects, and together they discussed key issues for the growth and development of each of their businesses, with the aim of improving operations within each company.

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  • Citi Microentrepreneurship Awards: The Commitment to Fulfill a Dream

    By Camila Sardi, Public Affairs Manager, Citi Venezuela April 09, 2015 04:00 PM

    Since 2005, at Citi Venezuela, we have been dreaming alongside a country full of entrepreneurs – helping make those dreams come to life. Today, ten years after launching the Citi Microentrepreneurship Awards (CMA), we have seen hundreds of individuals from across the country take a chance on their on their ideas by applying to the CMA, with more than 100 winning the contest and becoming managers of their own businesses.

    The CMA is an initiative, funded by the Citi Foundation, which promotes entrepreneurship among Venezuela’s neediest communities. The initiative’s goal is to stimulate and recognize the important role of small businesses within local economies.

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