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June 09 2011

Closing Remarks for White House Entrepreneurial Summit at Rutgers University Delivered by Operation HOPE’s Founder, Chairman and CEO John Hope Bryant

5MK Mid-Atlantic Chair and MSN contributor Jeff Johnson featured at Generation Urban Entrepreneurship Breakout Session

Newark, NJ – June 7, 2011 – Operation HOPE, Inc. (HOPE) Founder, Chairman and CEO John Hope Bryant delivered the Closing Remarks and FIVE MILLION KIDS (5MK) Initiative Mid-Atlantic Chair, Chair of the Jeff Johnson Institute and MSN contributor Jeff Johnson helped lead panel discussions at the White House Entrepreneurial Summit hosted by the White House Business Council, the White House Office of Public Engagement, the White House Domestic Policy Council and the Center for Urban Entrepreneurship & Economic Development (CUEED) at Rutgers Business School on June 6, 2011. The all-day symposium brought together government officials, leading entrepreneurs, nonprofits and students to discuss how best to promote urban entrepreneurship.

“Moving out of this economic crisis, America needs to focus on what she does best,” said Bryant who is a member of the Obama Administration on the U.S. President’s Advisory Council on Financial Capability and the business bestselling author of LOVE LEADERSHIP: The New Way to Lead in a Fear-Based World. “The majority of jobs in America come from small business and entrepreneurs. The reality is that every big business was once a small one, and before that, an idea. We need to harness that entrepreneurial spirit again.”

In a breakout session focused on “Generation Urban Entrepreneurship” Johnson spoke to HOPE and Ariel Capital Management’s national agenda for increasing entrepreneurship education in underserved areas by creating a Financing Literacy Entrepreneurship Corps and developing and maintaining a program where mentors support their mentees.

“Many people in this country, especially our youth, want to be successful but they don’t know how to get there,” said Johnson.

The summit brought together students, entrepreneurs, nonprofits and leaders from government to discuss strategies to spark a new generation of urban entrepreneurship and respond to President Obama’s call to win the future by out-innovating, out-educating and out-building the rest of the world.

Focused on combining the entrepreneurial spirit with learning and aspiration, HOPE’s 5MK youth initiative demonstrates how education is important, provides special entrepreneurial opportunities to students and gives them a practical lesson in the language of money.

About Operation HOPE, Inc.
Founded in 1992, social empowerment nonprofit Operation HOPE’s mission is to expand economic opportunity in under-resourced communities through financial literacy education. HOPE promotes "silver rights" – making free enterprise and capitalism relevant and effective for the underserved. Raising more than $500 million and directing and restructuring nearly $500 million more in mortgages and economic support from the private sector, for a total of approximately $1 billion dollars in economic activity, HOPE seeks dignity and empowerment for all. Follow Operation HOPE at www.operationhope.org,www.twitter.com/operationhope, and www.facebook.com/operationhope.

About The Center for Urban Entrepreneurship & Economic Development (CUEED):  The Center for Urban Entrepreneurship & Economic Development (CUEED) at Rutgers Business School – Newark and New Brunswick is the first center of its kind in the nation to integrate scholarly works with private capital, government, and non-profit sectors to develop citywide resources and bring renewed economic growth and vitality through urban entrepreneurship. We promote and foster a new generation of urban entrepreneurs who actively seek socially conscious urban renaissance. For more information about CUEED visit http://www.business.rutgers.edu/cueed.