2008 Merrill Lynch Young Entrepreneur
Award Winners
Five South Carolina students have been named winners of the 2008 Merrill Lynch Young Entrepreneur Award in recognition of their
keen financial know-how and entrepreneurial spirit in starting and operating their own businesses.
The students are Amelia Baxley, an 11th grade student at A.C. Flora High School
in Columbia (Richland One); Patrick Hutchison, a 10th grade student at Hammond School;
Daniel Mollo, a senior at Fox Creek High School in North Augusta (Edgefield County School District);
and Haleigh Payne, an 8th grade student at Rosemary Middle School in
Andrews (Georgetown County School District).
The students were interviewed on the ETV Stock Market Program which is broadcast to schools statewide over ETV's closed-circuit network.
The program is produced in conjunction with the Merrill Lynch South Carolina Stock Market Game and sponsored by SCCEE.
“Merrill Lynch is proud to sponsor this awards program to recognize these
phenomenally talented young people,” said Jeff Adams, Director
of the Merrill Lynch complex in Columbia. “This award and other
Council programs give South Carolina students excellent learning experiences
that will motivate them to become the next generation of investors and entrepreneurs.”
SCCEE President Helen Meyers echoed Adams’ remarks. “The
Merrill Lynch Young Entrepreneurs are good role models who have figured out how
to put honest money into their pockets” said Meyers. “And through
the ETV program, they share ideas with other students on how to start and run
a business, how to keep track of inventory, and how to know if they are making
a profit -- skills they’ll need to become business owners, workers and
investors.”
Winners of the Merrill Lynch Young Entrepreneur Award receive a $200 cash
prize and will be honored at a May 8, 2008 awards luncheon hosted annually by
Merrill Lynch and SCCEE in Columbia.
About Merrill Lynch
Merrill Lynch is one of the world's leading wealth management, capital markets
and advisory companies, with offices in 36 countries and territories and
total client assets of approximately $1.8 trillion. As an investment bank,
it is a leading global trader and underwriter of securities and derivatives
across a broad range of asset classes and serves as a strategic advisor
to corporations, governments, institutions and individuals worldwide. Through
Merrill Lynch Investment Managers, the company is one of the world's largest
managers of financial assets. Firmwide, assets under management total $544
billion.
Winners of 2008 Merrill Lynch Young Entrepreneur Awards
Amelia Baxley and her sister started Sassy Mel's, an online boutique selling stylish totes, trendy earrings, and
other ladies accessories. Baxley markets her products through her Web site and at festivals, the Junior League's Holiday Market,
and home shows. Sassy Mel's is a licensed business which means Baxley files taxes and makes bank deposits, in addition to looking for
new vendors to keep her products up to date.
Patrick Hutchinson saved birthday and holiday gifts of money to invest in a candy machine business.
Currently he operates four machines in the Columbia area. He is responsible for his business finances, inventory, customer service,
machine repair, and vendor relationships.
Daniel Mollo has a car detailing business, working on cars, trucks and vans in his community.
He began his business nearly three years ago.
Josh Moore's business is called Personal Affections. He uses photos to create personalized collages.
In 2006 he won the National Foundation for Teaching Entrepreneurship Young Entrepreneur of the Year award for inventing a baby stroller
braking system.
Haleigh Payne designs and sells handmade bandana necklaces, bracelets, and slip knot anklets.
She markets her items at craft shows and during her family vacation at Ocean Lakes Family Campground every summer.
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