Woonsocket Radio News Room

 

 

   

 
 
 
 

 

McKee Launches 2020 Lt. Governor's Entrepreneurship Challenge

 

$14K in scholarships available to high school entrepreneurs
 

 
 

 

Lt. Governor McKee with Ron McLean, President/CEO of the Cooperative Credit Union Association, as they present a scholarship to the first place winners of the 2019 Lt. Governor's Entrepreneurship Challenge.

 

 

PROVIDENCE, RI – Lt. Governor Daniel McKee today announced Rhode Island's third Lt. Governor's Entrepreneurship Challenge, a business pitch competition open to high school students across the state. This year, participants will compete for $14,000 in scholarships, the largest amount since the program launched in 2018.

 

"The future of Rhode Island’s economy depends on our ability to cultivate and retain young, entrepreneurial talent. The Lt. Governor’s Entrepreneurship Challenge is our way of letting young innovators know that we want and need their skills in our state," Lt. Governor McKee said. "I am proud of the team that helps make the challenge a reality. The Credit Unions of Rhode Island and other local businesses donate the scholarship funds for students; small business owners help us evaluate business plans and Millennial Rhode Island supports the growth and development of the program year after year."

 

Rhode Island students in grades 9-12 can take the challenge by submitting a business plan to the Lt. Governor's Office by Friday, April 10, 2020. The top five students or student teams advance to a Shark Tank-style business pitch competition at the New England Institute of Technology in May 2020 where a panel of judges awards scholarships based on pitch scores. Students can apply and find guidelines for the challenge at www.rilgec.com.

 

The Credit Unions of Rhode Island, a local branch of the Cooperative Credit Union Association, is the lead scholarship sponsor. Additional sponsors include: Dr. Day Care, Massey & Associates Inc., Rhode Island Association of Realtors and Dunkin' Donuts Franchisee David Batista. Millennial Rhode Island, a local network of young professionals, is the program's non-profit partner and fiscal agent.

 

“All across Rhode Island, credit unions are committed to the success and growth of the communities they serve,” said Ron McLean, President/CEO of the Cooperative Credit Union Association. “This commitment extends far beyond providing the best in personalized banking services. It also includes financial education and a social responsibility to protect seniors from financial exploitation and to invest in the future leaders of the state by sponsoring the Credit Union High School Basketball Championships and by awarding thousands of dollars in scholarships, especially to those recognized by the Lt Governor’s Entrepreneurship Challenge. We stand proud with Lt. Governor McKee in recognizing tomorrow’s business leaders of Rhode Island through our support of his Entrepreneurship Challenge.”

 

Since 2018, over 90 students have participated in the challenge and 19 student finalists have received over $20,000 in scholarships.

 

Lt. Governor McKee modeled this program after the Kentucky Lt. Governor's Entrepreneurship Challenge, an initiative he learned about during his time as Chair of the National Lieutenant Governors Association.
 

 

###
 

 
 
 
 

 

Facebook‌ Twitter‌ Instagram‌

 
 
 
 
 
 

 

Lieutenant Governor's Office | 82 Smith Street, Providence , RI 02903
 
 
 
 
 
 
 
 
 

 

President Trump is opting not to give Tomahawk missiles to Ukraine. Multiple outlets report Trump told Ukranian President Zelensky during Friday's meeting the U.S. would not provide long-range missiles for now. The Ukrainian leader had earlier said he thinks Russia is afraid of the possibility of the U.S. giving his country the missiles, after Trump confirmed there might be a possible swap of Tomahawks for Ukrainian drones.        President Trump is commuting George Santos' prison sentence. The disgraced former Republican congressman from New York pleaded guilty to identity theft and wire fraud in August 2024. He was serving seven years in prison. In a Truth Social Post, Trump implied the sentence was too harsh, adding that Santos will be released immediately.        Former Trump administration national security adviser John Bolton is entering a plea of not guilty to his federal charges. Bolton was indicted yesterday on federal charges related to alleged mishandling of classified documents. He surrendered to federal authorities in Maryland this morning.        The Trump administration wants the Supreme Court to allow the National Guard to be deployed to Chicago. Last week, a federal judge temporarily blocked President Trump's deployment to the Chicago area. The judge partially granted a temporary restraining order requested by lawyers representing Democrat Governor JB Pritzker. On Friday, the Justice Department filed an emergency application at the high court requesting a pause to the order to allow troops to enter Illinois.        New approval numbers for President Trump are in. According to a new Emerson College Polling survey, Trump is reported to have a 45-percent job approval rating and a 48-percent disapproval rating. However, when it comes to his handling of the war between Israel and Hamas, results show a 47-percent approval rating compared to a 34-percent disapproval rating which is up from the 30-percent approval rating he received in the Emerson 100-day poll released in April.        Prince Andrew is giving up his royal titles. Andrew, who is the younger brother to King Charles, issued a statement via Buckingham Palace announcing that he would no longer use the honors conferred upon him after facing fresh questions over his friendship with sex offender Jeffrey Epstein. According to the statement, the decision was made "in discussion with The King," after concluding that "continued accusations" distract from the work of His Majesty and the Royal Family. Andrew has repeatedly denied the allegations and stepped back from public duties in 2019.       

Old News Archives