Program helps young people be entrepreneurs
LOUISVILLE, Ky. (Oct. 21, 2015) —Mayor Greg Fischer and the Office of Civic Innovation announced this week that Louisville will be awarded a $25,000 grant from the Kauffman Foundation’s “Recipes for Growth” Challenge.
Louisville participated in the Kauffman Foundation’s 2015 Mayors Conference on Entrepreneurship on Oct. 8 and was among a limited number of cities with proposals selected as finalists.
The mayors of those cities had the opportunity to pitch their ideas in five minutes before a panel of expert judges and colleagues.
Louisville’s “Summer Up” concept tied with a pitch from Knoxville, Tenn., for the $25,000 prize. The “Summer Up” concept, inspired by the Beech Technologies Summer Works project, was offered as a promising model for future Summer Works opportunities. It will provide young people with the chance to learn entrepreneurship—by actually starting a new venture.
“Not everyone is born into the same environment and has the privilege of learning entrepreneurship first hand,” said Fischer. “With opportunities such as ‘Summer Up,’ young people have the chance of a lifetime to learn the economical ins and outs to improve their lives and our city.”