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Santander expands startup-skills training to Hartford

BY Gregory Seay

9/13/2017
A partnership between Santander Bank and an education nonprofit promoting entrepreneurship skills among school pupils has expanded to Hartford and six more U.S. cities.

The U.S. arm of Spanish lender Banco Santander S.A. and the Network for Teaching Entrepreneurship (NFTE) announced their partnership expansion Wednesday.

Involved with NFTE since 2014, Santander declared its support for other NFTE classrooms in Boston, base for its U.S. operations; Providence, R.I.; New York City; Philadelphia; Miami; and Dallas.

NFTE said its Entrepreneurship Pathway aims to stir and build startup-business skills.

The expanded partnership, the parties said, offers classroom support and funding for the Regional Youth Entrepreneurship Challenges taking place in the supported markets next spring.

Santander employees will volunteer to guide and mentor student-entrepreneurs, officials said. They also will act as classroom judges to evaluate the students' business plans at the end of the year.

With $83 billion in assets, Santander has 2.1 million customers primarily in Connecticut, Massachusetts, Rhode Island, New Hampshire, New York and New Jersey.

Based in Manhattan, N.Y., NFTE focuses its work on under-resourced communities, with programs in 19 locations in nine countries.