A new generation of philanthropists dominates contest for nonprofit ventures

What do ballroom dancing, fresh farm produce and paper beads from Africa have in common? They are central to the business plans of award-winning ventures in the 2010 YouthBridge Social Entrepreneurship and Innovation Competition. Five start-up businesses dedicated to helping others shared a total of $155,000 in cash grants presented at a ceremony April 13 at Washington University.

Non-profit community-based ventures vie for $155,000 in competition

Entrepreneurs dedicated to helping empower and build strong communities have reached the final stage of the annual business plan competition sponsored by the YouthBridge Foundation and the Skandalaris Center at WUSTL. The seven finalists have presented their business plans to the judges who will award $155,000 in seed money to the winners. The award ceremony takes place April 13 after a keynote speech by Kevin Salwen who has just published a book about his family’s experience with selling their home, living with less and giving back to their community.