The Cardinal Times

Filed under Features, Student Life

Student runs non-profit organization and awards fellow entrepreneurs

Sumner+Rahr%2C+managing+director+of+the+Oregon+Youth+Venture+Fund.+The+OYVF+will+award+a+total+of%0A%2410%2C000+in+grants+to+student+entrepreneurs.
Sumner Rahr, managing director of the Oregon Youth Venture Fund. The OYVF will award a total of
$10,000 in grants to student entrepreneurs.

Sumner Rahr, managing director of the Oregon Youth Venture Fund. The OYVF will award a total of $10,000 in grants to student entrepreneurs.

Photo courtesy of OYVF

Photo courtesy of OYVF

Sumner Rahr, managing director of the Oregon Youth Venture Fund. The OYVF will award a total of $10,000 in grants to student entrepreneurs.

Hang on for a minute...we're trying to find some more stories you might like.


Email This Story






Sumner Rahr is already a successful entrepreneur and he’s only a junior in high school.

 

As a student in Henry Hooper’s entrepreneurship class, Rahr started a business called Hood Clothing along with several peers. After a few months of selling t-shirts to friends and family, the company fell through due to the lack of funding and social capital. Rather than giving up,  Rahr decided to help his peers avoid the same problems and began the Oregon Youth Venture Fund.

 

According to the Oregon Youth Venture Fund’s (OYVF) website, the group’s main goal is to help youth entrepreneurs “grow their business, helping to stimulate Oregon’s economy and turn their own dreams into reality.”

 

During the creation of the Oregon Youth Venture Fund, Rahr shared his progress with Lincoln Principal Peyton Chapman.

 

Sumner did great communicating his ideas for the OYVF and keeping me updated. I enjoy sharing student work with our community and was pleased to be able to promote the student-led entrepreneurial project,” said Chapman.

 

OYVF offers Entrepreneurship and Sustainability Awards to help youth entrepreneurs bring their startups to life.

 

The Entrepreneurship Award is based on an organization’s progress and their capability of generating wealth. The Sustainability Award will be based on how well a company is “finding new or improved ways to conserving and preserving the environment,” according to Rahr.

 

Applying to the awards is comprised of three steps. First, applicants must apply via email to OYVF. Once Rahr and his team have reviewed the application, the applicant must create a three to five-minute presentation about the business. According to the OYVF website, after all applications have been reviewed, Rahr and his team will “pick the top applicants and issue a return-free investment.”

 

Rahr says that for the Entrepreneurship Award, “we will be giving out three different awards of $2,000 each to kids to help go towards their company.” For the Sustainability Award, “we will offer a $4,000 gift to a for-profit company.”

Applications for both awards are currently open until November 15th. Some current and former Lincoln students have already applied.

 

“We have someone [applying] who is creating a sustainable business that is finding a new material that can conduct electricity better than any other material, which is really cool,” says Rahr.

 

To apply for either of the awards, visit the Oregon Youth Venture Fund website www.oyvf.org for more information on the application process.

 

Leave a Comment

If you want a picture to show with your comment, go get a gravatar.




Navigate Right
Navigate Left
  • Student runs non-profit organization and awards fellow entrepreneurs

    Features

    From one generation to the next, Lincoln’s school spirit is unmistakable

  • Student runs non-profit organization and awards fellow entrepreneurs

    Features

    CTE classes fly under the radar

  • Student runs non-profit organization and awards fellow entrepreneurs

    Features

    Student publishes book about Portland’s female leaders

  • Student runs non-profit organization and awards fellow entrepreneurs

    Art

    Actors rehearse for “She Kills Monsters”

  • Student runs non-profit organization and awards fellow entrepreneurs

    Features

    Lincoln votes for freshmen cabinet

  • Features

    Cardinal Times wins student Media Olympics awards

  • Student runs non-profit organization and awards fellow entrepreneurs

    Features

    Fall atheltics kick off

  • Student runs non-profit organization and awards fellow entrepreneurs

    Features

    New staff join Flock

  • Features

    Fall Sports Suspended Due to Wildfire Smoke

  • Student runs non-profit organization and awards fellow entrepreneurs

    Features

    Use of bleachers restricted due to safety risks