The Fresh Air Fund and Youthful Savings Launch a Virtual Summer Camp that Will Teach Entrepreneurship and Storytelling
New York, NY July 6, 2021 — This summer, once again, The Fresh Air Fund is partnering with Youthful Savings, an entrepreneurial program that focuses on financial literacy and wellness, along with basic business concepts including how to gain investments and market your own business. Fresh Air Fund students, ages 13 to 17, meet virtually for six weeks, 10 hours a week, Monday through Friday, from July 12th through August 20th.
Young New Yorkers develop communication skills, professional knowledge and compete for an opportunity to earn an investment in their own business. The program offers access to online resources that are available for one year. Youthful Savings will also host an in-person workshop at Sauce Restaurant on August 12th where youth will learn marketing skills and present their businesses to the public.
Youthful Savings launched their Virtual Summer Camp series in order to help youth stay motivated and empower them to rebuild the economy in a COVID-19 reality. Through their “My Own Business Challenge” youth will come up with business ideas, learn how to pitch their ideas and create online stores through the Youthful Savings Marketplace. The Fresh Air Fund has also allocated a $500 stipend for each youth participating and the chance to win investment money.
“We are delighted to continue our partnership with Youthful Savings and provide our Fresh Air children with the opportunity to gain professional business knowledge, develop communication skills and earn a course certification,” said Fatima Shama, Executive Director, The Fresh Air Fund. “We know that young people benefit from insights into a wide range of careers, along with developing an entrepreneurial mindset. These skills will help our young people consider options for their future and understand how their learning this summer can springboard into ideas for their career pathways.”
Back in 2018, Youthful Savings created their online learning platform, The Learning Marketplace (www.thelearningmarketplace.com) in order to serve youth with education that isn’t traditionally taught in school. The platform has modules in arts, finance, business, character building, technology and other subjects that help raise socioeconomic status among youth.
“At Youthful Savings, we have always believed that youth can create change in themselves and their communities if the right tools are given to them, “ said Somya Munjal, CEO, Youthful Savings. ”It’s inspiring to see The Fresh Air Fund invest in youth directly and we believe we can create impactful change in the coming months and years. I’m excited to see what the youth create and how we can make their investment turn into the next million dollar businesses in New York and beyond.”
About Youthful Savings
Youthful Savings is a premier education technology company dedicated to the next generation with financial wellness. Their digital learning platform, The Learning Marketplace (TLM) offers supplemental learning tools for millions of students, ranging in ages from 5 to 25, currently adopting virtual education modalities. To learn more, visit www.youthfulsavings.com, and www.thelearningmarketplace.com
Press Inquiries: Somya Munjal, CEO, 929-325-9820, [email protected]
About The Fresh Air Fund
The Fresh Air Fund, an independent, not-for-profit organization that has provided free summer experiences to more than 1.8 million New York City children from low-income communities since 1877. This summer, despite the challenges presented by COVID-19, The Fund will continue to provide safe, fun, engaging and enriching experiences for New York City youth to keep the magic of summer alive through virtual and outdoor programs. Fresh Air children also participate in year-round leadership and educational programs. Learn more at FreshAir.org
Press Inquiries: Julie Silverman, Director of Communications, 212-897-8890, [email protected], and Andrea Kotuk, Andrea & Associates, 917-603-6340, [email protected]