Teen wins $2,500 for entrepreneurial idea
Daniel Urribe, a Torrance teenager, has won third-place in a national youth entrepreneur program.
Daniel won recognition in the Smith Barney/NFTE National Youth Entrepreneurship Challenge by writing a business plan for selling ceramic ball bearings for skateboards. NFTE is the National Foundation for Teaching Entrepreneurship.
Daniel beat out 30 other high school students from around the country to win $2,500 to invest in his business or education. More than 21,000 students participated in the contest.
He also negotiated with overseas manufacturers to produce his product.
Daniel has graduated from the International Social Entrepreneurship Academy, a nonprofit group that operates programs at West High in Torrance and Narbonne High in Harbor City.
"Urribe shows the type of dedication and innovation that young people deliver when they are given the tools," said Phyllis Rawley, executive director for the Los Angeles chapter of the National Foundation for Teaching Entrepreneurship.