Santander Bank Activates the Entrepreneurial Mindset in More Youth Across The United States

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This school year, Santander Bank will expand their partnership with NFTE to support entrepreneurship programming in seven classrooms across the country

NFTE (Network for Teaching Entrepreneurship) is pleased to announce the expansion of its partnership with Santander Bank to support NFTE classrooms in Boston, Providence, Hartford, New York, Philadelphia, Miami, and Dallas.

NFTE has been leading the effort to activate the entrepreneurial mindset of young people in under-resourced urban communities for over 30 years. Through NFTE’s Entrepreneurship Pathway, which is designed to activate the mindset and build startup skills at increasing levels of depth and impact, students are prepared for long-term economic success in the 21st Century. They perform better in school, enroll in and complete higher education at increased rates, pursue STEM (Science, Technology, Engineering, Math) degrees and outpace national averages in employment, self-employment, and income.

With one in three employers seeking entrepreneurial skills in hires, and economists predicting the jobs of tomorrow don’t even exist today, Santander and NFTE believe that entrepreneurship is one of the best ways to prepare young people to succeed and leverage the opportunities inherent in an innovation economy.

“NFTE shares Santander’s commitment to building brighter futures for young people by giving them the entrepreneurial skills they need to be successful,” said Gwen Robinson, Director of Corporate Social Responsibility for Santander Bank. “NFTE’s programs help supplement classroom learning by instilling in them an entrepreneurial mindset that is key to long-term success.”

Santander Bank has been involved with NFTE since 2014. The expanded partnership offers classroom support and funding for the Regional Youth Entrepreneurship Challenges taking place in the supported markets next spring. Key to this partnership is the role that Santander employees will play in helping young people connect their classroom learning to real-world experiences and further activate their entrepreneurial mindset. Volunteers support and challenge students as they work on their business ideas, helping to deepen the development of their entrepreneurial mindset and become role models for students facing challenges both inside and out of the classroom. Additionally, Santander employees will act as classroom judges to evaluate the students’ business plans at the end of the year.

About Santander Bank
Santander Bank, N.A. (https://www.santanderbank.com/us/personal) is one of the country’s largest retail and commercial banks with more than $83 billion in assets. With its corporate offices in Boston, the Bank’s 9,500 employees, more than 650 branches, 2,100 ATMs and 2.1 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. - one of the most respected banking groups in the world with more than 125 million customers in the U.S., Europe, and Latin America. It is managed by Santander Holdings USA, Inc., Banco Santander’s intermediate holding company in the U.S. For more information on Santander Bank, please visit http://www.santanderbank.com.

About NFTE
NFTE (Network for Teaching Entrepreneurship) is an award-winning education nonprofit that activates the entrepreneurial mindset in young people. Research shows that the entrepreneurial mindset—skills and behaviors including innovation, self-reliance, comfort with risk, communication, and problem-solving—prepares young people for lifelong success. Equipped with the mindset, as well as with the business and academic skills that NFTE teaches, NFTE students are ready to thrive in the innovation economy no matter what path they choose. NFTE focuses its work on under-resourced communities, with programs in 19 locations in 9 countries.

For more information, please visit nfte.com, like NFTE on Facebook at Facebook.com/NFTE, and follow NFTE on Twitter at @NFTE.

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Andrea Kotuk

Sarah Currid
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