MADISON, Wis.– Credit union organizations can now apply for a Biz Kid$ Business Plan Competition Grant from the National Credit Union Foundation to help improve youth financial education through hands-on entrepreneurial experience.
The Foundation said it is looking to distribute up to $25,000 in grant funds with a deadline to apply of June 30.
“This is an exciting opportunity for credit union organizations to use Biz Kid$ in a specific way to help students get an introduction to entrepreneurship,” said Danielle Brown, Engagement Director at the Foundation. “Business plan competitions are a great way for organizations to strengthen their relationships with their community while showcasing their commitment to improving youth financial education.”
According to the Foundation, hosting Biz Kid$ Business Plan Competitions allows credit union organizations to take a leadership role in providing economic and entrepreneurship education to youth, helping them build a solid financial future.
“Through these competitions, students showcase their hard work while practicing financial education, entrepreneurial, public speaking, and teamwork skills,” the Foundation said. “The creation of a business plan truly puts what they have learned in the classroom into action and provides hands on, outcomes based financial education to the students.”
The application can be found here or by visiting ncuf.coop/bkgrants.