adminThe National Credit Union Foundation’s Board of Directors has approved new Biz Kid$ Business Plan Competition Grants for 2019-2020, totaling $25,000. The LSCU’s Southeastern Credit Union Foundation was one of three recipients.
The SECUF will work with the Greater Metro Birmingham Children’s Business Fair, partnering with credit unions and a local Young Credit Union Professional Group, to introduce the Business Plan Competition. This will increase financial education in Alabama and help credit unions connect with the students in the communities they serve.
Other grant recipients are:
- Northwest Credit Union Foundation in Idaho, Oregon and Washington will host a competition to increase collaboration amongst credit unions in the northwest to increase awareness in the role credit unions play in improving community financial health.
- WEOKIE Credit Union Foundation in Oklahoma will provide education and training in financial education and entrepreneurship by bringing together credit unions, electric and agricultural cooperatives to partner with teachers and students participating in the Biz Kid$ contest.
These grants allow credit union organizations to use Biz Kid$ to provide economic and entrepreneurship education to youth to help them build a solid financial future. Biz Kid$ Business Plan Competitions allow students to build their own businesses using knowledge from the series, while practicing financial education, entrepreneurial, public speaking and teamwork skills. The creation of a business plan truly puts what they have learned in the classroom into action and provides hands on, outcomes-based financial education to the students.
For more information about Biz Kid$, click here or visit www.ncuf.coop/bizkids.
