For Immediate Release: February 7, 2018
Fostering Future Entrepreneurs Trade Show
Interactive experience prepares high school students for success in business and in life
MINNEAPOLIS - The Minnesota Council on Economic Education (MCEE) today announced its Fostering Future Entrepreneurs Trade Show event on Feb. 9 at the Wells Fargo East Town campus in Minneapolis from 9 a.m. to 2 p.m.
Last summer, local teachers from social studies, economics, business, and other subjects, attended a week-long course that immersed them in design thinking and lean startup methodology using a new hands-on curriculum called Teen Startup Trainers.
This school year, teachers implemented the Teen Startup Trainers curriculum which paired high school students with entrepreneurship mentors to help in a classroom environment. Students also teamed up to prepare prototypes or startup ready ventures to present at the Fostering Future Entrepreneurs Trade Show.
“We are excited to sponsor and host the MCEE Fostering Future Entrepreneurs Trade Show,” said David Brandmire, Wells Fargo Wealth Management and MCEE Board Member. “Entrepreneurship is proven to have positive social and economic impact, and this program allows local high school students to apply what they've learned directly and gives them a chance to expand their network and pursue higher education and career opportunities."
60 high school students will attend the Trade Show at Wells Fargo to present their prototypes or startup ready ventures. Students will practice their elevator pitches and present their ideas to judges including MCEE board members, community business leaders, entrepreneurs and venture philanthropists, university and college educators, potential mentors, and teachers. Judges and participants will vote on the best ideas in two categories: Business Ready and Prototype. Winning teams will receive cash prizes.
“This entrepreneurship program benefits teachers, students, and whole communities,” said MCEE Executive Director Donald Liu. “Additionally, the workforce benefits when students are instilled with adaptability to tackle an uncertain marketplace, and businesses benefit from a creative and secure workforce.”
The event panel is comprised of the following local entrepreneurs and business leaders: Allan Pavek, Wells Fargo SBA Business Development Officer, Megan Sharkus, ExpressionMed Founder and CEO, Erik Brust, JonnyPops CEO and 2018 Forbes 30 Under 30 Honoree, and Jacobi Simmons from Green Garden Bakery, winner of the 2017 MN Cup Youth Division. The panel will be moderated by the author of Teen Startup Trainers, Martha Rush.
About Minnesota Council on Economic Education
Established in 1961, the Minnesota Council on Economic Education is a nonprofit organization housed at the University of Minnesota with a mission to equip Minnesotans with the economic and personal financial understanding needed to succeed in today's complex economy. MCEE accomplishes this mission by teaching teachers, engaging students, and reaching communities. MCEE is an affiliate of the national Council for Economic Education (CEE) and as a leading state council with 56 years of service to Minnesota. MCEE is well placed through collaborative partnerships with public and private entities to fulfill its mission, https://www.mcee.umn.edu.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investments, mortgage, and consumer and commercial finance through more than 8,300 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 263,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Program & Communications Manager
Minnesota Council on Economic Education
University of Minnesota | Department of Applied Economics