A. Fine Blog

Allison Fine Writes About Social Media and Social Change

$50K Prize for Entrepreneurship

Posted by Allison Fine on February 22, 2010

The Hitachi Foundation is offering a prize of $50,000 for six young entrepreneurs. The Yoshiyama Young Entrepreneurs program will select up to six winners who meet the following criteria:

  • The entrepreneur must have established his or her business with the expressed dual purpose of operating a successful business and accelerating upward economic mobility for low-wealth individuals in America;
  • He or she must be at least 18 years old, and must have been 29 years old or younger when the business began generating revenue;
  • The business must be 1-5 years old and have been generating revenue for at least the past 12 months;
  • The award is open to businesses organized as “for profit” or “nonprofit,” but must depend primarily on an earned-income revenue model.

This is a really great opportunity for some enterprising young person – please help spread the word!

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4 Responses to “$50K Prize for Entrepreneurship”

  1. Thanks for posting; will forward this to some of the young entrepreneurs I know!

  2. Julie Boyd said

    Thank you so much for posting this! I’ve been working with THF to spread the word about this incredible opportunity. We’re still searching for those entrepreneurs, so if you have any suggestions for other outlets, please let me know!

  3. Peggy said

    I hope more people will try for this opportunity.

    Ps. There is a contest currently going on, for non profits or organizations that help their community to win a free website for 6 months, valued at $5000. Need help rallying supporters for an idea, revamping your current website, need more charity specific functionality? This is the contest for you. Register and get people to vote. http://www.nonprofit.nu/vote

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