Press Release.

Posted on: November 5, 2012

Network for Teaching Entrepreneurship–Fairchester Chapter Appoints Michael Carter to Board of Directors

(White Plains, NY – November 5, 2012) – The Network for Teaching Entrepreneurship, Fairchester Chapter (NFTE FC), serving Westchester and Fairfield Counties, announces the appointment of Michael Carter, founding principal and Managing Director of Carter Morse & Mathias, a Southport, Connecticut based investment banking firm, to its Board of Directors.

Mr. Carter has been on the financial side of business from many perspectives – as a business founder, commercial lender, investment banker, board director, and business advisor. He began his career in private industry in operations and thereafter as a vice president at Chase Manhattan Bank. During his career he has been a board director for World Business Capital, First International Bancorp, Command Security Corporation, Sailways, Inc. and Cannondale Corporation. Mr. Carter is a founding member and board director of the Association for Corporate Growth, Connecticut Chapter.

Mr. Carter  has been  a judge for the Entrepreneur of the Year award sponsored by Ernst & Young and Inc. Magazine as well as various other business school competitions. He started teaching and advising in NFTE classrooms over ten years ago and has served as a judge for the NFTE FC county-wide competitions, which brings lower-income high school students together to present their business plans.

Mr. Carter received his master of business administration degree from Columbia University and his bacelor of arts degree from The University of Rochester. He was the President of the Weston Little League and has been active in coaching youth sports teams in Weston, Connecticut. Hecurrently serves on the Boards of the School for Ethical Education, the Board of Finance for the Town of Weston and is the President of Weston Sports Commission.

Diane Rosenthal, executive director of NFTE FC, commented, “We are thrilled to welcome Michael to our board and have him bring his extraordinary finacial experience plus his passion for teaching and working with young people from economically disadvantaged backgrounds.  Michael truly believes in the power of entrepreneurship education to transform lives.”

About Carter Morse & Mathias                                                                                         

Located in Southport, Connecticut, Carter Morse & Mathias (CMM) is a full service investment-banking firm founded in 1987 that provides the highest quality corporate finance advisory services to outstanding entrepreneurial and middle-market companies. For more than 25 years, CMM professionals have helped hundreds of middle-market business owners to conceive, initiate, structure and close M&A and capital transactions.

About Network for Teaching Entrepreneurship                                                                     

The Network for Teaching Entrepreneurship was founded in 1987 with the mission of providing entrepreneurship education programs that teach and inspire high school students from low-income communities to start a business, stay in school and plan for successful futures. To date, NFTE has educated 500,000 economically disadvantaged young people across the U.S. and around the world. The NFTE Fairchester Chapter founded in 1999, has educated over 15,000 students and is currently located in 20 schools and 62 classrooms throughout Westchester and Fairfield Counties.

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