The MBYLI Futurepreneurs program is designed to introduce District youth to business, financial literacy, and entrepreneurship.
Donor Name: DC Department of Employment Services
State: District of Columbia
County: All Counties
Type of Grant: Grant
Deadline: 02/28/2025
Size of the Grant: $10,000 to $100,000
Grant Duration: 4 Years
Details:
This initiative empowers participants to explore the world of entrepreneurship and build a foundation for future success. The program is designed to equip youth with the knowledge, skills, and confidence necessary to pursue their own entrepreneurial ventures or excel in the business world through innovation, leadership, or strategic thinking.
In addition to fostering business acumen, MBYLI Futurepreneurs seek to cultivate essential life skills such as problem-solving, resilience, and adaptability—qualities that are crucial in both business and everyday life. By providing a diverse range of learning experiences, from classroom instruction to real-world applications and international exposure, the program aims to inspire the next generation of leaders, innovators, and change-makers. Over the course of the program, participants will engage in hands-on learning opportunities focused on key areas such as entrepreneurship, public speaking, sales and marketing, financial literacy, leadership, business plan development, and grant writing.
Participants will not only acquire practical skills but also gain the confidence to articulate their ideas, pitch their business plans, and network with industry professionals. A highlight of the program is the unique opportunity for youth to travel to pitch their business ideas, providing them with a real-world platform to present their plans to potential investors, mentors, and business leaders.
Funding Information
Up to $50,000 is available in total for award(s) through this RFA.
Grant Period
4 years.
Target Population to be Served
OYP shall identify participants that will attend the Futurepreneurs program who are:
- Between the ages of 14 and 18 years old;
- Currently MBYLI participant; and
- Enrolled in high school or homeschooled, with a strong academic record and demonstrated commitment to pursuing higher education.
Location of Services
The MBYLI Futurepreneurs program shall be provided in-person as follows:
- During the school year at DOES Headquarters, 4058 Minnesota Ave NE Washington DC; and
- During the summer at Catholic University.
Eligibility Requirements
- Eligible applicants include public and private non-profit and for-profit organizations eligible to do business with the District government, including but not limited to community-based organizations, faith-based organizations, Public, charter, or alternative secondary schools and post-secondary institutions.
- Applicants must be current on payment of all federal and District taxes, including Unemployment Insurance and Paid Family Leave taxes and Workers’ Compensation premiums. Applicants cannot be listed on any federal or local excluded parties’ lists.
For more information, visit DC Department of Employment Services.
