Hitachi Foundation Seeks Innovative Social Entrepreneurs

This news just in! I’ve recently discovered about The Hitachi Foundation’s Yoshiyama Young Entrepreneurs Program. The 2011 application process opened in early February, and will continue until March 14.

The Hitachi Foundation wants to connect with like-minded entrepreneurs, individuals who are using their businesses to make a difference.

What is this Young Entrepreneur’s Program?

The Hitachi Foundation’s Yoshiyama Young Entrepreneurs Program is seeking to identify up to five entrepreneurs who are operating viable businesses that create economic opportunity and help to improve the lives of low-wealth individuals in America. This is a business competition in which selected entrepreneurs receive $40,000 over two years and have access to additional technical resources to strengthen their business.

Criteria of the Young Entrepreneurs Program

Eligible applicants must currently be at least 18 years old and no more than 29 years old when they launched their business. Businesses must be 1-5 years old, and have been generating revenue for at least the past 12 months. The award is open to businesses organized as either for profit or nonprofit, with an earned-income revenue model. Enterprises must create jobs, supply goods or services, or use internal management practices that offer low-wealth individuals in America an opportunity to improve their economic mobility.

More Information For Young Entrepreneurs

To learn more, access application materials, or view a short video featuring last year’s Yoshiyama Young Entrepreneurs, visit http://bit.ly/fLJwoX.