Catchings Helps Promote Teen Entrepreneurs

News Release | January 25, 2008
INDIANAPOLIS - FORUM Credit Union and the Indiana Fever announced the start of their Teen Entrepreneur Contest to students at Broad Ripple High School and Craig Middle School with the help of Indiana Fever player Tamika Catchings and team mascot Freddy Fever. The contest, which is part of the WNBA’s Read to Achieve Program, is aimed at promoting financial literacy among students in grades 6-12 and asks participants to answer questions regarding a new business venture they aspire to start. Awards for winning entries include savings bonds, tickets to an Indiana Fever basketball game, and autographed Fever memorabilia.

“We are happy to partner with FORUM Credit Union on the Teen Entrepreneur Contest promoting financial literacy for Indianapolis’ youth,” says Kelly Krauskopf, chief operating officer and general manager of the Fever. “The Indiana Fever is committed to assisting youth in our community through these partnerships and by providing terrific role models like Tamika, who embodies the true essence of giving back to her community by mentoring and inspiring many young girls and boys.”

Pep rallies at both schools preceded the official start of the contest to educate students about the contest and to motivate them to participate. Catchings spoke to students about the contest and challenged them to think now about their future professional goals. She shared her story of setting goals to become a professional basketball player with her own foundation, Catch the Stars Foundation, and the role academics played in reaching her goals. When asked how many students wanted to start their own business, the majority of students at both school pep rallies raised their hands. An equal number of hands were raised when asked if they planned to participate in the Teen Entrepreneur Contest.

“FORUM Credit Union is active in promoting financial education throughout the community and especially to students. This contest provides a way to help students add to or begin saving for college while giving them real-world experience preparing a business plan,” said FORUM SVP of marketing and strategy C. Andrew Mattingly. “We’re excited that students at these schools had the opportunity to interact with a positive role model like Tamika.”

The contest brochure and additional information are available on the FORUM Credit Union web site. Students must submit entries no later than March 28, 2008.