Two Young potential entrepreneurs are recognized for their hard work
On November 14th, I was invited to attend a fundraiser hosted by Florida Institute of Technology’s Women’s Business Center (WBC). The program consisted of lunch and a celebration of the successes of the WBC this past year. The program essentially was a progress and performance report from organizations and small businesses that have benefited and prospered because of their relationship with the center.
As mentioned in many of my articles, I am always excited to see young people succeed and be recognized for their hard work. Well, I had one of those opportunities at this luncheon. Apparently there’s a partnership between WBC and Junior Achievement (JA). Brevard County high school students develop the essential components of a business plan and, if selected by their teacher or program advisor, have the opportunity to compete in the Junior Achievement of the Space Coast (JASC) Be Entrepreneurial Business Plan Challenge. Brevard’s top entrepreneurs offer young entrepreneurs additional feedback and guidance as they develop their business –and the chance to win cash scholarships! The participants, who are in high school and are 13 to 18 years of age, qualify for the challenge by completing the JA Be Entrepreneurial program in the classroom or by graduating from the WBC-JA Summer Entrepreneurship Camp.
The WBC and JASC host the week-long WBC-JA Summer Entrepreneurship Camp for students wanting to learn more about entrepreneurship. The students learn to recognize characteristics and practices of successful entrepreneurs, evaluate an entrepreneurial idea based on a product or service, interact and network with successful, young entrepreneurs and enjoy themselves while developing skill sets that will help them throughout their future business careers. Together, with other team members, they will become more business savvy using various computer simulation programs. They will discover what it means to be an entrepreneur, enjoy interactive presentations and guest lectures from local business professionals, learn how to develop a business plan-from idea creation to advertising and marketing, and explore topics like budgeting and maximizing limited resources.
Awards and Florida Institute of Technology scholarships are offered to 1st place winners of the competition. They can compete individually or as part of a small group of 3-4 members. The student who submitted the best business plan is awarded and recognized at this luncheon. Shuriah Taylor and 1st place winner Maya Andrade were two young entrepreneurs recognized at the luncheon.
In 2014, first prize team members win a $2,500 cash scholarship sponsored and presented by the Balda Family Foundation and a $12,000 annually renewable scholarships to Florida Tech for each team member. Second place team members receive $12,000 annually renewable scholarships to Florida Tech for each team member.