JPMorgan Chase and Meda award $20,000 to UnderRecruited Preps
MINNEAPOLIS, Minn – JPMorgan Chase and Meda are pleased to announce that UnderRecruited Preps has been awarded the $20,000 prize as the Most Innovative Minority Entrepreneur in the MN Cup competition. UnderRecruited Preps was started in 2015 by Francis Kanneh and now has 6,000 student athletes. Kanneh himself was recruited by a Division 1 school for football, where he played as a student athlete, and he saw an opening to explain the complicated process to younger athletes entering high school. Kanneh and UnderRecruited Preps impressed the judges with their technology, rapid growth and business success. Kanneh explained to the judges how winning this $20,000 prize would help him expand his staffing and add additional technology.
“UnderRecruited Preps did a wonderful job presenting their business case and JPMorgan Chase is thrilled to be a part of this award and Meda’s overall program,” said Patrick Mahoney, Managing Director for J.P. Morgan. “It’s great to help Francis and his organization start on their path to long term success. When small businesses succeed, our communities and neighborhoods succeed.”
“Meda is honored to partner with JPMorgan Chase in awarding the most Innovative Minority Entrepreneur award for MN Cup. UnderRecruited Preps and Francis Kanneh stood out to the judges as he as grown the company rapidly and has had extraordinary success in the student athlete recruiting process. He is only two years into the business but you can see the significant impact his business and other minority businesses have on their communities. Our partnership in awarding this prize with JPMorgan Chase will continue to demonstrate the importance of investing in minority business owners“says Gary L. Cunningham, CEO of Meda.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Meda is a nonprofit organization that serves Minnesota’s minority entrepreneurs by providing one-on-one business consulting, access to capital, and procurement opportunities. Since 1971, Meda has empowered over 20,000 minority entrepreneurs and helped launch over 600 minority businesses. This year, Meda will be celebrating its 46th anniversary at the annual Meda Gala on November 18. For more information about sponsoring or attending the Meda Gala, please visit www.Meda.net/gala or www.meda.net.