P-3344

Young Entrepreneur Scholarship

Description

Financing

Documents

Photos

History Logs

Project Description

Country: USA

Location: Seward

Total Budget: $6,600

Area of Focus: Community economic development

Activity Type: Education: Scholarship

Summary: Educate and demonstrate and assist interested local, entrepreneurial minded youth with what it takes to run your own business so the can hit the ground running as they transition from student to young adult


-We will form a YES committee of Seward Rotarians willing and able to mentor and educate the students through the business planning and implementation process

-Through our already arranged partnership with our local Junior Achievement coordinator we will use the JA, Be Entrepreneurial, curriculum to teach some of what it takes to run a business to (at least)2 classes of high school students and accept applications for our YES program at completion of the JA course

-Meet with selected student(s) and the YES committee to help indetify a low capital niche the student could fill with their own capabilities and time and guide them through the remainder of the school year with planning before implementing their plan in the summer

-With parent permission help student set up entity with proper licenses and insurance etc. and continue with regular scheduled meetings between student and their appointed mentor and, less frequently, the committee as a whole

-Foreseen costs are:

State Bus. License --------$50

State Articles of Inc-----$250

City Bus. License---------$30

Gen Liability Ins---------$500

Bookkeeping software-$300

Logo Graphic Design--$250

Web and Email Host.---$250

Marketing Mats.---------$200

Bookkeeper/Tax --------$500

Startup tools/Materials-$1,000

Total-----------------------$3,330 per selected student

We are requesting District Grant funds to help us offer this unique opportunity to 2 students.

Project Contact Person

District: 5010

Rotary Club of: Seward

Primary Contact: Jake Collins

Email: jc.collins.jake@gmail.com

Project Status

Completed
This project is "Completed". This means the project has been implemented and the report was accepted by the district leadership. The project will stay listed on this website as a testimony of the achievements of the project partners.

Project listed for the 2020-21 Rotary Year.

Proposed Financing

Existing Contributions Towards This Project

Date

Cash

DDF

Total

Seward (5010)

26-May-20

$3,300

$3,300

$6,600

Total

$3,300

$3,300

$6,600

Project Supporting Documents

Project Photos


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History Log Entries

26-May-20

by Jake Collins

System Entry: Creation of project page.

3-Jun-20

by Brad Gamble

System Entry: Project sent for club signatures.

4-Jun-20

by Jake Collins

System Entry: Project signed by Jake Collins.

4-Jun-20

System Entry

System Entry: Project signed by Andrew Bacon.

5-Jun-20

by Brad Gamble

System Entry: Project approved by the District Approval Committee.

20-Aug-20

by Debra Mason

System Entry: Check for DDF payment issued by Foundation Treasurer.

2-Mar-21

by Jake Collins

We are continuing to work with this project and expect it to be able to be completed this rotary year. We are a bit delayed as getting in front of students has been harder than anticipated due to the pandemic and due to the fact that my wife gave birth to a daughter a few weeks ago. Thanks for the reminder

Jake

4-May-21

by Jake Collins

Unfortunately we were not able to complete this project this year as we were not permitted to go into the schools and present to or recruit participants as we intended, due to the pandemic. We would like to roll this project to the '21/'22 rotary year with the grant committee's permission as we should be ready to complete this project in a pandemic free year.

21-Jan-22

by Jake Collins

We have begun our presentations at the high school, currently we have about 15 students interested/attending. We should be ready to accept applications for our 2 finalists in March, money will be spent shortly thereafter.

27-Jun-22

by Jake Collins

System Entry: Final Report signed by Jake Collins.

27-Jun-22

System Entry

System Entry: Final Report signed by Andrew Bacon.

15-Jul-22

by Paul Paslay

System Entry: Final report approved by the District Approval Committee.

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