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Junior Achievement of the National Capital Area is pleased to announce the 2009 Junior Achievement Essay Competition, sponsored by David M. Rubenstein. This fall Junior Achievement will invite students from the Greater Washington Region to compete for a $20,000 award.

The competition will be open to any student in the 9th-12th grade from August 17 – October 1, 2009, and will ask students to write a 1,000-1,500 word essay on the topic, "How can Greater Washington companies responsibly and effectively deal with the economic crisis facing the United States?" Students will be able to submit their essays to Junior Achievement online at www.myJA.org/students/essay/.

The first place winner will receive a $20,000 award, will be recognized at the prestigious Washington Business Hall of Fame on December 1, 2009, and will have his or her essay published in the February 2009 issue of Washingtonian. Nine additional runner-up winners will each receive a $10,000 award and will be recognized at the Washington Business Hall of Fame. In addition, in each of Maryland, Virginia, and the District of Columbia, the school with the greatest number of eligible applications will receive $6,000.

Junior Achievement is the world's largest organization dedicated to inspiring and preparing young people to succeed in a global economy. Junior Achievement's programs focus on the key content areas of entrepreneurship, work readiness, and financial literacy. In partnership with businesses and educators, Junior Achievement brings the real world to students, opening their minds to their potential and preparing them for the workplace.

David M. Rubenstein is a Co-Founder and Managing Director of The Carlyle Group, one of the world's largest private equity firms. Mr. Rubenstein co-founded the firm in 1987. Since then, Carlyle has grown into a firm managing more than $80 billion from 33 offices around the world. To honor his many accomplishments, Mr. Rubenstein was inducted to the Washington Business Hall of Fame in November 2007.