DES MOINES, IA. -- The National Federation of Independent Business Young Entrepreneur Foundation today announced the Iowa recipients of the seventh annual NFIB Young Entrepreneur Awards, a scholarship program designed to reward and encourage entrepreneurial talents among high school students.
The NFIB Young Entrepreneur Award recipients will attend the university, college, community college or vocational/technical institute of their choice with $1,000-$10,000 in annual tuition assistance from the NFIB Young Entrepreneur Foundation. This year the NFIB YEF Awards program will be giving out over $600,000 in scholarships to young entrepreneurs nationwide, thanks to the financial support from numerous small business leaders and corporate and foundation supporters. This year’s major corporate sponsors are Visa and The McKelvey Foundation.
"We are overjoyed by the tremendous amount of interest in our scholarship program. This year approximately 6,000 students applied to receive an NFIB YEF Award, demonstrating that the entrepreneurial drive is thriving among today’s teenagers and tomorrow’s business leaders,” said Don V. Cogman, chair, NFIB Young Entrepreneur Foundation Board of Directors. "NFIB congratulates this year’s winners for their tremendous accomplishments and hopes the scholarships will assist these young entrepreneurs as they continue on their paths towards successful futures.”
In addition to recognizing these outstanding young entrepreneurs, NFIB YEF and Visa will award five $5,000 scholarships and one $10,000 scholarship to the student selected as the "2009 Young Entrepreneur of the Year.” To earn a scholarship, students were required to write an essay describing their entrepreneurial endeavors and future goals. Standardized test scores, GPA, and class rank also were considered. NFIB members around the country nominated applicants for the Young Entrepreneur Awards.
The three Iowa winners of the NFIB Young Entrepreneur Award, $1,000 for four years, were Wahlert High School senior Brad Powers of Dubuque and Valley High School seniors Travis Patton and Julianne Wagoner, both of West Des Moines. The three winners of the NFIB/Visa Young Entrepreneur Award for $1,000 each were Southeast Polk High School senior Rachel Schossow of Altoona, Pleasant Valley High School senior Jessica Moose of Bettendorf, and Central High School senior Nina Rayburn of Davenport.