Credit union organizations can now apply for a Biz Kid$ Business Plan Competition Grant from the National Credit Union Foundation (the Foundation) to help improve youth financial education through hands-on entrepreneurial experience. The Foundation is looking to distribute up to $25,000 in grant funds with a deadline to apply of June 30, 2019.
“This is an exciting opportunity for credit union organizations to use Biz Kid$ 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.”
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 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.
Grants Aligned with Biz Kid$
Biz Kid$ is a financial education initiative launched nationally in January 2008 that teaches kids about money management and business. The initiative includes an award-winning TV series, free classroom curriculum, outreach activities and website (bizkids.com) targeting children 9-16 years old. The number one goal of Biz Kid$ is to teach kids from upper elementary through high school to understand and incorporate the skills they need to successfully manage their financial lives. One goal of the Foundation’s Biz Kid$ grants is to extend the reach of the series beyond broadcast into the community.
Questions about Biz Kid$ or the grant process can be directed to Danielle Brown at (608) 556-2406 or via email at dbrown@ncuf.coop.
