Young Social Change Entrepreneurs Invited to Enter Banking on Youth Competition
"The Consumer Bankers Association Foundation and banks across the United States have partnered with Ashoka's Youth Venture to launch the Banking on Youth competition, which is designed to provide young people between the age of 13 and 20 with an opportunity to showcase their ideas for an innovative venture that directly benefits society.
Applicants are invited to describe their project in a ninety-second video and entry form. Both new project ideas and existing projects are eligible.
All individuals or team members must be legal residents of the United States and must be between the ages of 13 and 20 as of April 10, 2012. All individuals and teams also must have an adult mentor (parent, teacher, church or civic organization leader, etc. who is at least 21 years of age) co-sign the entry form and agree to provide support for the venture if seed money is won.
Applicants will compete to win one of forty-nine $1,000 prizes. The top six entrants will win an all-expenses-paid trip to the annual Global Youth Venture Summit in Washington, D.C., in July 2012, where they will compete in a "pitch-off" and a chance to win an Audience Choice Award of $5,000 or the grand prize of $15,000.
Regional and national winners of the competition will be those applicants whose videos and entry forms describe projects that best meet the program criteria of innovation, social impact, sustainability, and visibility."