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The Consumer Bankers Association (CBA) Foundation, and Ashoka’s Youth Venture are pleased to announce the “Banking on Youth” grand prize winner and recipient of the Audience Choice award.

Grand Prize of $15,000: TGIF-Turn Grease Into Fuel
John Perino and Cassandra Azad, RI

Project “Turn Grease Into Fuel” (TGIF) is a sustainable system designed to collect waste cooking oil and convert it into bio-fuel. This renewable fuel is distributed to local Rhode Island families in need of heating assistance.
Audience Choice Award of $5,000:
Simone Bernstein, MO, an online volunteer platform, addresses the challenge of limited volunteer opportunities for youth under the age of 18 due to safety, security, and liability issues. The program is supported by advertising revenue from sustainable and eco-friendly companies and organizations.

The winners were selected as part of the Ashoka Future Forum held at the Newseum in Washington, D.C. on Thursday, May 30, 2013. Thanks to U.S. Bank for sponsoring the Pitch Off!
Banking on Youth, now in its second year, invites young people throughout the country to share their ideas for entrepreneurial ventures that will directly benefit society. More than 200 proposals for social venture were received and of these, six national finalists were chosen:

Each finalist received an all-expenses-paid trip to Washington, D.C. Thanks to PNC Bank for sponsoring our Hill Day for finalists to meet with small business bankers and Congressional offices.

Banking on Youth is an exciting opportunity to showcase great ideas for a venture that directly benefits society from young adults all around the country. Banking on Youth invites youth between the ages of 13 and 22 to submit a creative 90-second video and brief entry form to share their idea for an entrepreneurial venture that will directly benefit society.

Click here to read about the 2012 competition.

CBA thanks our sponsors for the 2013 competition:

Pitch-Off Sponsor

Hill Sponsor

Gold Sponsor

Silver+ Sponsor

Silver Sponsor

Bronze Sponsors

If your bank would like to get involved in sponsoring the 2013 competition, please contact Liz Terry, Director of Corporate Membership and Philanthropy at 202-552-3676 or at