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Students from JA Denmark Win First-Ever JA Global Entrepreneurship Award; Receive NFTs, Cash Prize, and Further Educational Opportunities

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News provided by

JA Worldwide

08 Jun, 2021, 07:00 GMT

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BOSTON, June 8, 2021 /PRNewswire/ -- Until recently, the highest award that a JA youth-entrepreneurship company could earn was the coveted first-place prize at one of JA's six regional competitions. But this year, JA Worldwide has added a global prize for student companies: The de la Vega Global Entrepreneurship Award.

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In addition to a cash prize and further educational opportunities, students receive a specially designed non-fungible token (NFT).

The 2021 award winners were announced today by tech-legend Ralph de la Vega, former President and CEO of AT&T Mobile and Business Solutions. Each of the six finalists were automatically entered after winning Company of the Year at their regional competitions and included teams from Singapore (JA Asia Pacific), Southeast Texas (Junior Achievement USA), Denmark (JA Europe), Oman (INJAZ Al-Arab JA MENA), eSwatini (JA Africa), and Peru (JA Americas).

Ultimately, the team from JA Denmark (Fonden for Entreprenørskab) triumphed. The team wins a cash prize of US $15,000, as well as an entrepreneurship course from the institution of their choice. Each team member also receives a non-fungible token (NFT) that represents one of only five copies of a digital graphic specially created for this year's winner by designer and artist Masha Eizner, with its authenticity verified through the blockchain.

The winning company, Bubbles, improves communication between educators and students who suffer from attention deficit and hyperactivity disorders (ADHD). Students wear noise-cancelling headsets that eliminate audio distractions and create a direct line of communication between teacher and student, thus improving academic performance. Nicklas Stokholm, 19, Christian Ørum, 18, and Kevin Albin, 20, came together in a class called Innovation, which includes the JA Company Program. Their idea originated as Christian watched his sister struggle with ADHD. "We soon realized it was not only my sister who was affected by this," Christian said. "A lot of other students were influenced, including many other diagnoses that inhibited their ability to focus in class." Learn more about Bubbles.

The five other final teams each win US $5,000, thanks to the investment of the de la Vega Family Foundation.

About JA Worldwide

As one of the world's largest youth-serving NGOs, JA Worldwide prepares young people for employment and entrepreneurship. Each year, our network of over 590,000 volunteers and teachers serves more than 10 million students in over 100 countries. Visit us at jaworldwide.org.

Contact
Tere Stouffer
Chief Marketing Officer, JA Worldwide
+1-212-641-0747
tere.stouffer@jaworldwide.org

Photo - https://mma.prnewswire.com/media/1528069/de_la_Vega_NFT.jpg 
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