If the 2012 EO Global Student Entrepreneur Awards (GSEA) Global Finals were any indication, the future of young entrepreneurship is bright. For the first time in GSEA’s history, the title of “Global Student Entrepreneur of the Year” went to a woman, Chelsea Sloan, a recent graduate of the University of Utah and the owner of , a retail clothing franchise that buys and sells new and like-new designer merchandise. In this interview, Chelsea talks about running a business while in school, her biggest lessons learned and GSEA’s influence.
By Kent Bernhard, Jr., recently featured on Portfolio.com
They’re converging this week from around the globe, from Russia, from South Africa, and more than a dozen other countries.
For Kevin Langley, a veteran Louisiana entrepreneur, the 30 young people who have built businesses while students represent the the next wave of entrepreneurship. The student business people are descending on the New York Stock Exchange starting Thursday afternoon for an intense competition, the Global Student Entrepreneur Awards (GSEA), run by the Entrepreneurs Organization, the group Langley leads as global chairman.
This article is brought to you by Portfolio.com.
One after another, they came into a Kansas City conference room last Thursday, five young entrepreneurs appearing before a panel of judges, all seeking a $150,000 prize—not necessarily for having the best idea, but for starting and operating the best new business.
They come from the United States, South Africa, Zimbabwe, Finland, Germany, Sri Lanka, and the list goes on. They run businesses ranging from a social-network application that is claiming 20,000 new users a day, to a company that turns the scraps from textile processing into rugs sold around the world, to a company that arranges travel and accommodations for college football fans headed to away games. Read more.
The NYSE Euronext Foundation today announced its second year of support for The Global Student Entrepreneur Awards (GSEA). A program of the Entrepreneurs’ Organization (EO), GSEA is the premier global competition for undergraduate students who own and operate revenue-generating businesses while attending high school, university or graduate school.