WASHINGTON, D.C. – January 31, 2011 – The White House has named the Network for Teaching Entrepreneurship (NFTE) a member of the Startup America Partnership. Startup America is a public/private effort bringing together an alliance of the country’s most innovative entrepreneurs, corporations, universities, foundations, and other leaders, working in concert with a wide range of federal agencies to dramatically increase the prevalence and success of American entrepreneurs. NFTE Founder Steve Mariotti and NFTE Chicago alum, Northwestern University student and entrepreneur, Zoe Damacela, will be on hand at the formal launch event in Washington D.C. to help celebrate at the partnership launch.
The Startup America Partnership (www.startupamericapartnership.org ) will marshal private resources to scale up a portfolio of proven models at every stage of the innovation funnel, from the first stirrings of entrepreneurial ambition to the market success of a new firm. One of the core outcomes of the effort is to expand entrepreneurship education and mentorship programs that empower more Americans not just to get a job, but to create jobs.
“When I launched NFTE nearly 25 years ago, it was with one simple belief, that learning basic business principles at an early age is the best anti-poverty program of all. NFTE is proud to be a member of the Startup America Partnership and contribute to the White House’s goal of building an entrepreneurial ecosystem that will strengthen the America economy immediately and make it more resilient for years to come,” said Steve Mariotti, NFTE’s Founder.
As part of its commitment to Startup America, the Network for Teaching Entrepreneurship announces new programs supporting young entrepreneurs and innovative teaching and learning efforts.
As the Network for Teaching Entrepreneurship (NFTE) and Ernst & Young’s Entrepreneur Of The Year® Program each approach their 25th anniversaries, Ernst & Young LLP is extending its long-term support of entrepreneurship with NFTE. NFTE youth entrepreneurs will be honored at Ernst & Young LLP regional Entrepreneur Of The Year® Awards galas across the country, bringing important attention to the next generation of young entrepreneurs and the entrepreneurship education efforts of NFTE that inspire young people to recognize opportunity and launch small enterprises. Maria Pinelli, Americas Director, Strategic Growth Markets at Ernst & Young LLP, has also joined the Board of Directors of NFTE. Additionally, Ernst & Young LLP is placing a professional on each of NFTE's Regional Advisory Boards across the country and providing NFTE with significant financial support and volunteer resources in each of its offices.
“Ernst & Young believes strongly in the power of entrepreneurship and innovation as a vehicle to strengthen our communities and economy,” said Pinelli. “We’ve been supporting entrepreneurs for 25 years through our Entrepreneur Of The Year awards, and could not be more proud to support the missions of NFTE and Startup America to encourage entrepreneurs – from the most established to the youngest, most aspiring.”
The Pearson Foundation is working with NFTE to build its Digital Teacher Network – a free online community for teacher c