For the third season running, the PGA Tour and FedEx, in collaboration with Junior Achievement Worldwide, kick off their Junior Business Challenge, inviting young entrepreneurs to pitch their business ideas to a panel in hopes of eventually earning $75,000.
The four-stop tour kicks off at this week's Charles Schwab Challenge, with a panel led by former Dallas Cowboys linebacker DeMarcus Ware. They'll listen to ideas from students ranging from 15 to 18 years old, who will pitch their original business concepts to the panel consisting of PGA Tour players, celebrities, FedEx Small Business Grant Winners and business leaders. A Junior Achievement student from each event will move on to the Tour Championship.
Two more preliminary events, at the Travelers Championship the week after the US Open and the 3M Open during Independence Day week, will round out the final crop headed for Atlanta.
At the Tour Championship, the three finalists will make their pitches to a new panel, and the winner will receive a $75,000 to their local Junior Achievement chapter from FedEx. JA Worldwide is a non-governmental organization which prepares young people for employment and entrepreneurship by delivering experiential learning in work readiness, financial literacy and entrepreneurship. JA works in more than 100 countries, helping 11 million students each year.
Since 1996, FedEx has donated more than $16 million to local chapters of JA, a cause the company strongly supports.