Russell Simmons Kicks Off U.S. Entrepreneurship Competition at NYSE

October 2, 2008

10:00 a.m. – 11:00 a.m. EDT

September 30, 2008 -(BUSINESS WIRE)–The Kauffman Foundation:

Who:

Russell Simmons, artist and entrepreneur, and Carl Schramm, president and CEO, the Ewing Marion Kauffman Foundation

What:

Simmons and Schramm will announce the launch of an entrepreneurship competition in the fields of fashion, film and music that will be the signature U.S. component of Global Entrepreneurship Week/USA (November 17-23, 2008). Global Entrepreneurship Week is a worldwide initiative that will link millions of young people in more than 75 countries through a growing movement to inspire new ideas and engage the next generation of entrepreneurs.

The Kauffman Foundation is a national sponsor of the competition along with the Acton Foundation for Entrepreneurial Excellence. The U.S.-based Kauffman Foundation co-founded Global Entrepreneurship Week with Make Your Mark in the United Kingdom. The Week is being globally sponsored by NYSE Euronext, IBM and Ernst & Young. The Oct. 2 launch announcement also will be Webcast at www.unleashingideas.org.

Where:
        New York Stock Exchange, Room 621, 11 Wall Street, New York

Why:
        The official launch invites young people across the country to apply for a chance to compete as entrepreneurs in one of three genres: film, music and fashion.

Contacts

For The Kauffman Foundation
Shay Pantano, 212-886-6707
spantano@kruppnyc.com