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NFTE Receives $40,000 from NexTier Bank to Invest inYouth Entrepreneurship Education.

Programs to help youth from lower income communities embrace entrepreneurial thinking and business formation skills

PITTSBURGH -- The National Foundation for Teaching Entrepreneurship (NFTE) of Greater Pittsburgh received a $40,000 grant from NexTier Bank to provide teachers with the tools

to teach high school students the principles of entrepreneurship and business formation. The funds will support the delivery of current NFTE programs by more than 20 teachers certified in managing this experiential program.

"We're very committed to financial education, and NFTE's entrepreneurial program strategy is a perfect fit for NexTier since it teaches students how ideas become successful businesses," said Margaret Irvine Weir, NexTier Bank's President. "Healthy communities and a sound, vibrant economy are the result of young people being prepared academically and financially."

The National Foundation for Teaching Entrepreneurship (NFTE pronounced nifty) is an IRS approved 501(c)(3) nonprofit organization. NFTE teaches entrepreneurship to young people from low-income communities to enhance their economic productivity by improving their business, academic and life skills.

NFTE's strategy for achieving this mission is to form partnerships with schools, universities and community-based organizations, create innovative experiential curricula, train and support teachers and youth workers, and provide supportive alumni services. NFTE has engaged more than 3,000 youth throughout Greater Pittsburgh since 1995

Since its founding in 1987, NFTE has reached over 150,000 students. NFTE has active programs in 25 states and 13 countries.

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