Results tagged as "youth 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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  • 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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  • Embedding a Culture of Youth entrepreneurship in MENA

    By Nadera Abuali, Public Affairs Officer, EMEA January 07, 2015 10:54 AM

    As Public Affairs Officer for Bahrain, Qatar and Kuwait, one of my responsibilities includes working with INJAZ Bahrain and INJAZ Qatar to recruit volunteers for our joint Citi Foundation-INJAZ programs. One such program is the "Company Program", and on December 3, I was privileged to attend the 8th annual INJAZ Al-Arab Young Arab Entrepreneur's Regional Competition in Kuwait. I was able to see first-hand the best in class student companies representing 13 countries across the Middle East.

    Unemployment amongst Arab youth currently stands at over 26%, among the highest in the world. With a gap between the education system and job market in the Arab World, Arab youth need to take on the role of job creators themselves, which is why innovative educational programs based on developing entrepreneurial skills and mindsets are needed now more than ever. The Citi Foundation-INJAZ partnership enables the next generation of entrepreneurs to develop skills that link to a tangible pathway to overcoming unemployment not only for themselves but creating job opportunities for others through their enterprises.

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