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May 22 2013

Operation HOPE Announces Winners of HOPE Business In A Box Youth Empowerment Program that Promotes Entrepreneurship

 

Los Angeles – May 23, 2012 – On May 13, at Augustus Hawkins High School, empowerment nonprofit Operation HOPE announced the local winners of the HOPE Business In A Box (HBIAB) initiative, a pilot program being implemented in schools in the Bay Area, Los Angeles, Denver and Atlanta aimed to inspire entrepreneurship.

Fifty students initially participated, either as sole entrepreneurs or in small groups, and pitched their business ideas in front of a live audience that included role models and community leaders. From the original 35 business ideas, the businesses were pared down to 12 students representing 7 business ideas. The top contenders were selected by a panel of 8 judges.

The winners will receive a HOPE Business In A Box Youth Entrepreneurship Grant, which includes necessary tools for building a successful business. They will choose from one of 25 businesses models, or make up one of their own. Coupled with the help of a mentor, students will get help on refining and bringing their business project into fruition.

The program is “powered by the Gallup HOPE Index” and tracked as a part of HOPE’s 100-year partnership with Gallup to measure the financial literacy and economic energy of America’s youth.

“HOPE Business In A Box was designed to connect aspiration and imagination to the educational experience and it is evident that the students at Augustus Hawkins High School are really connecting with the program,” said Emily Parris-Imperiale, senior program manager for HOPE’s Banking on Our Future. “HOPE believes that this program will have a positive impact on re-connecting students with their school education and ultimately with their life goals.”

Seated in the South Central Los Angeles Community, Augustus Hawkins High School accommodates over 2,000 students. The campus consists of four Small Learning Communities, each including classrooms, science labs and administration offices. Shared facilities include performing arts classrooms, a library, a multipurpose room, two gymnasiums, a food service area, lunch shelter, administration offices, athletic fields, competition track and an on-grade parking structure with basketball courts.

 

About Operation HOPE, Inc. (HOPE)

Since its inception in 1992, HOPE, a global nonprofit focused on financial dignity, has empowered more than 2 million individuals and directed more than $1.5 billion in private capital to America's low-wealth communities. It has recruited a growing army of 20,000 HOPE Corps volunteers, and helped raise average credit scores for financial case management clients more than 120 points over an average 18-month period. It currently serves more than 300 U.S. cities, as well as South Africa, Saudi Arabia, Morocco, and most recently, the United Arab Emirates. Its effort to empower underserved communities is a “silver rights” mission to make free enterprise work for everyone.