Are you between the ages of 18-35 with a great idea for a business but not sure how to get it off the ground? Do you know someone who is?
This week the International Franchise Association (IFA) Education Fund launched a new program called NextGen – A New Generation in Franchising. As someone who became an entrepreneur at an early age and used the franchise model to expand my business, there was no doubt that I would help sponsor this new program. I know there is no shortage of great ideas among young entrepreneurs, just a shortage of resources to pursue and develop those ideas.
This program will introduce young entrepreneurs and students to the world of franchising and share the franchise business model as they’ve never seen it before.
To launch the program, the IFA is sponsoring a global competition called “Young Entrepreneurs in Franchising.”
Fifty prizes will be awarded for the best, most innovative business and marketing concepts for new franchise businesses or existing franchise brands.
Prizes include a travel voucher and complimentary registration for the IFA Annual Convention, which will be held February 15-18, 2015 in Las Vegas, and an opportunity to participate in the first NextGen in Franchising Summit, a two-day educational and networking program at the convention.
At the summit, contest winners will have a chance to engage directly with leading franchisor, franchisee and supplier members of the IFA as well as other young entrepreneurs, students and participants in the NextGen in Franchising Summit.
Additional cash prizes and scholarships will be awarded from the pool of 50 contest winners.
For more information and to enter the competition, visit nextgenfranchising.org. Here’s your chance to prove that when it comes to building a successful business, you can do it, too!