Austin Tanner, son of Marcia and Anthony Tanner, of South Williamsport, has been granted a full scholarship to attend Pennsylvania Free Enterprise Week 2014 on the campuses of Lycoming College or Pennsylvania College of Technology.
Tanner is a junior at South Williamsport Area High School.
Pennsylvania Free Enterprise Week is an economic program that offers students an inside look at the private enterprise system and the way the free market functions.
Tanner will attend Aug. 4 through 9 of the five, one-week sessions offered this summer on the campus of Penn College.
Pennsylvania teachers and counselors recommend the candidates who are then reviewed by the PFEW staff. Admission is based on motivation to learn that is demonstrated through essays submitted by the applicants. Those accepted are awarded scholarships, which cover all program costs, excluding a registration fee and transportation. Students are housed on the campus in dormitories.
During the week, student "companies" simulate the actual operation of their own businesses for the equivalent of three years. Business volunteers serve as "company advisors" who mentor the students as they face many of the same decisions real executives confront. The companies compete against each other in the areas of management skill, return on net assets, a marketing and advertising campaign and a presentation to stock holders.
Dozens of world-class speakers present seminars and discussions covering topics like the relationships of business with labor, government and consumers. The students also hear talks about business ethics, management and leadership skills, the economic system future, the global marketplace, money and banking, business operations, careers in business, marketable skills and much more.
For more information, contact the foundation at 814-833-9576 or visit www.pfew.org.