Since our last posting we have been busy recruiting students to pitch their ideas, working with high school instructors to prepare their students, and recruiting travel experts and judges. The traveling expert workshops are new this year and allow us to go to the schools and provide assistance instead of spending time assisting students and teams the day of the pitch. We have had quite a few inches of snow in the past 2-3 weeks and this has caused us to have to reschedule several of our high school visits. We have a diverse audience of students to include a group of students completing their GEDs as well as a rural and suburban high schools.
We will be reviewing business plans this week and finalizing the details of the January 21 event. Our biggest challenge is getting students to pitch for the seed money. It looks like we will have several to pitch for practice, and we hope to have several who will end up pitching for cash. Never fear: we are working on a Plan B just in case we don't have the number of people competing we had hoped to have.
Here are the parameters for the competition: high school seniors who have a business or intend to start a business by graduation will have an opportunity to share their business plans and pitch their businesses to a team of judges (local entrepreneurs) for a cash prize at LCC's 2nd annual youth entrepreneurship event. Students at all levels are welcome to attend on the 21st as guests, but only seniors can compete for the awards. A panel of local entrepreneurs will also talk about their experience starting, building, and sustaining their businesses and take questions from the audience.
More to come............we will keep you updated on our progress.