S.C. Council On Economic Education And Merrill Lynch Seek Nominations For The Young Entrepreneur Award

Columbia, SC – August 15, 2007 – The South Carolina Council on Economic Education (SCCEE) and Merrill Lynch are currently seeking nominations for the 2007-2008 Merrill Lynch Young Entrepreneur Award to recognize students who demonstrate a keen entrepreneurial spirit. Award winners receive a $200 cash prize and are featured in an ETV Stock Market Program that is broadcast to South Carolina schools during the fall and spring stock market game competition.

These young entrepreneurs have met the challenge of starting their own businesses, understand the costs and benefits of working for themselves, and are willing to share their experiences with their peers. Nominees must be South Carolina students currently and actively involved in their entrepreneurial business.

Anyone may nominate a young entrepreneur: parents, teachers, community members. Entrepreneurs also may nominate themselves.

The award was established in 2004 by Merrill Lynch and SCCEE to nurture innovation and collaboration that can support economic development, raise per capita income and help South Carolina become more competitive in the knowledge-based global economy. To access the nomination form and to read about previous Merrill Lynch Young Entrepreneur Award winners go to www.sceconomics.org.

About South Carolina Council on Economic Education

The South Carolina Council on Economic Education is a nonprofit organization dedicated to improving the economic and personal financial literacy of all South Carolinians. Its mission is to help students develop economic ways of thinking and problem-solving that they can use in their lives as consumers, investors, and effective participants in the global economy.

In 2006 more than 1,800 K-12 teachers participated in the Council’s in-service training programs and 6,000 students participated in the Merrill Lynch South Carolina Stock Market GameTM.

About Merrill Lynch Philanthropy

Merrill Lynch was founded on the idea that the world is full of opportunity. Opening the door to that opportunity for underserved children and youth is the focus of the firm’s global philanthropy. In 2005, Merrill Lynch giving totaled more than $37 million, with education receiving nearly half of that support. Merrill Lynch’s flagship program Investing Pays Off®–or IPO®–helps create a level playing field for youngsters of all backgrounds through financial literacy and business savvy. The program strength lies in a free curriculum, the involvement of Merrill Lynch volunteers and online educational resources at http://volunteer.ml.com.

Contact: Helen Meyers (803) 777-8677 [email protected]