The SMG Cabrera Statewide Award
Cabrera Statewide Award
About the Award
Since January 2007, Econ Illinois Governing Board member Martin Cabrera, CEO of Cabrera Capital Markets, LLC, has sponsored two Cabrera Statewide Awards in Econ Illinois' Stock Market Game program. The Cabrera Statewide Award is given to the elementary/middle school and high school team with the highest return as compared to the S&P 500, during the school year. Student teams who participate in one of the competitive sessions and comply with all local and national rules are eligible for this award.
Martin Cabrera participated in the SMG during his high school economics class at Chicago's Bogan High School. His experience with the program caused him to change his college major from architecture to finance. Martin is a graduate of Northern Illinois University. "This program teaches young people how to invest and use their analytical skills, and it stimulates their interest in the world beyond their classroom," Cabrera says. "It made a tremendous difference in my professional and personal success; it can have the same impact on other kids, too."
Each school year, at the close of the spring competitive session, winning teams are identified and with their teachers are invited to a day trip in Chicago's financial district. The trip includes a visit to Cabrera Capital Markets, LLC's corporate offices, where the teams visit with members of the Cabrera Institutional Equity team and when possible, meet Founder and CEO, Martin Cabrera. The trip also includes time at the Chicago Board Options Exchange and Federal Reserve Bank of Chicago and possibly other points of interest in the Chicago Financial District.
Winning students receive a monetary award to be used to begin or add to their own personal investment accounts. Winning teachers receive a monetary award to be used toward professional development.