Tuesday, January 10, 2011
Kansas high school students who are searching for the next big thing could receive financial help to further their education.
McPherson College is offering two, $5,000 grants for young entrepreneurs. It’s part of the Jump Start Kansas competition, in which students pitch their business ideas for consideration.
“We’re putting our money where our heart is,” said Kori Gregg, executive director of entrepreneurship at McPherson College. “Encouraging the development of young entrepreneurs in Kansas – both in the commercial and social arenas.”
The challenge will award two grand-prize grants of $5,000 to a Kansas high school student or team of students who present the best entrepreneurial idea – one in the area of commercial entrepreneurship and one for social entrepreneurship.
The winners do not have to attend school at McPherson College, however top prize includes a four-year scholarship, should the champion enroll at the college.
An independent panel of entrepreneurs, community members and faculty will judge the entries and select five in both the commercial and social entrepreneurship categories as finalists.
Those finalists will attend a pitch competition on Feb. 15 for their shot at the top prize of a $5,000 grant to develop their idea, as well as a $20,000, four-year scholarship to attend McPherson College. The other eight finalists will also receive a $4,000 scholarship to McPherson College. All told, the college’s financial commitments total more than $100,000.
Students have until Jan. 25 to submit an application.