Gas News Release

August 8, 2001

Local Students Get A Big Lift From Dominion Peoples

PITTSBURGH – The National Foundation for Teaching Entrepreneurship, Inc. (NFTE) continues to gain support from Dominion Peoples. Dominion Peoples announced it is providing a $13,700 grant to support a business ownership program for Pittsburgh youth.

This marks the 5th year that Dominion has partnered with NFTE to bring entrepreneur education programs to high school classrooms.

The grant will allow NFTE to implement BizTechTM, an online entrepreneurial training program at George Westinghouse High School. About 30 high school students in the field of accounting plan to participate in the program this fall.

After completing the BizTechTM program, students will: 

• Create a comprehensive business plan online. 
• Learn about business, marketing and entrepreneurship. 
• Participate in learning exercises that emulate a real business. 
• Conduct market research and share ideas online. 
• Become familiar with financial periodicals such as the Wall Street Journal.

Ed Roach, chief executive officer of Dominion Peoples, said Dominion deeply believes in the benefits of learning entrepreneurship in order to achieve economic independence.

“Dominion Peoples is proud to be able to partner with NFTE” Roach said. “We encourage the business community to join us in promoting a much needed and worthwhile program.”

NFTE is a fourteen-year old international organization dedicated to introducing low-income and at-risk youth on ways to develop and start their own small businesses. So far, over 2,000 local youth have been taught the program.

The grant was made possible through the Dominion Foundation, which is dedicated to the economic, physical and social health of the communities served by Dominion companies.

Dominion Peoples is a subsidiary of Dominion, one of the nation’s largest producers of energy. Dominion, headquartered in Richmond, Va., serves 3.8 million retail natural gas and electric customers. Dominion Peoples provides natural gas service to more than 351,000 residential, commercial and industrial customers in 16 counties in southwestern Pennsylvania. For more information about Dominion, visit the company’s web side at www.dom.com.