Council on Postsecondary Education
Kentucky student interviewed by ABC News for winning entrepreneurship award
(FRANKFORT, Ky.) – A West Carter Middle School student Shay Hammond was interviewed earlier today on an ABC News “Money Matters” segment for receiving one of the National Foundation for Teaching Entrepreneurship’s top 2006 Young Entrepreneurs of the Year award. Hammond will also appear later this month on the cover of the May issue of Time Magazine for Kids. Hammond and her teacher, Merry Salyers, will be honored at NFTE’s 13th Annual Salute to the Entrepreneurial Spirit Awards Dinner in New York City tomorrow evening.
Hammond and Salyers are recipients of the 2006 Kentucky NFTE awards and will be recognized at the national awards dinner with other state winners for their entrepreneurial spirit and achievements. Each year, Kentucky NFTE students create a PowerPoint presentation to compete in their regional business plan competition. Winners advance to the statewide competition to vie for the "Young Entrepreneur of the Year" title.
Hammond, an eighth grader at West Carter, received the award for the creation and management of her business “Shay’s Bones & Biscuits,” which makes and sells doggy treats. As an award recipient, Hammond receives an expense paid trip to New York, $1000 cash prize to be used towards her business or educational pursuits, and a plaque presented at the awards dinner. All student winners will have the opportunity to exhibit their brochures, business cards, and products during the evening's reception before the dinner.
Merry Salyers, also of West Carter Middle School, is the recipient of Kentucky’s Master NFTE Certified Entrepreneurship Teacher of the Year for 2006 award. Along with recognition at the national awards dinner, Salyers will receive a scholarship to NFTE's Advanced Teacher Forum held in New York City at Columbia Business School on June 25-29, 2006.
NFTE is a non-profit organization whose mission is to teach entrepreneurship to low-income young people to improve their academic, business, technology, and life skills. Since its founding, NFTE has reached over 120,000 young people from low-income communities and trained more than 3,700 Certified Entrepreneurship Teachers in 45 states and 16 countries.
GEAR UP Kentucky, a federally-funded program administered by the Council on Postsecondary Education, partners with NFTE to conduct after-school programs that enhance students' skills in mathematics and economics through hands-on entrepreneurship training. Over 900 eighth and ninth-graders in nine GEAR UP Kentucky schools participated in the project from 2000 to 2005.
Since beginning their NFTE program, West Carter Middle School in Olive Hill has had two state winners out in the last three years. West Carter participated in the 2000 GEAR UP Kentucky grant, which ended in 2005. The school is currently seeking support from local businesses to continue the NFTE program and other GEAR UP activities.
For more information about NFTE, visit their Web site at http://www.nfte.com/. Hammond’s interview with ABC News can be viewed on the ABC News Web site at http://abcnews.go.com/Business/; Click the video link under “Money Matters” titled “Getting Started Young.”
Kentucky's postsecondary education system encompasses eight public institutions and the Kentucky Community and Technical College System, numerous independent institutions and Kentucky Adult Education. The system represents 235,083 students, 538,866 Kentucky alumni and 294,896 GED graduates. When Kentuckians earn postsecondary degrees, their skills improve and their wages go up; they are more likely to lead healthy lives and be engaged in their communities; and they build better futures for themselves and their families