35 LOCAL HIGH SCHOOL STUDENT ENTREPRENEURS COMPETE FOR SEED CAPITAL IN REGIONAL BUSINESS PLAN CHALLENGE PRESENTED BY THE NETWORK FOR TEACHING ENTREPRENEURSHIP

NFTE holds its regional business plan competition on campus today with 45 high school entrepreneurs, their entrepreneurship teachers, and 36 successful local business leaders as volunteer judges.

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45 teens will compete and showcase their own businesses and products at the Network for Teaching Entrepreneurship's (NFTE) New England Regional Business Plan Challenge today, Wednesday, May 25th, from 9am-6pm, at Babson College in Wellesley, MA. The 45 students representing 35 businesses, all of whom enrolled in the Network for Teaching Entrepreneurship (NFTE)'s course at their high school that teaches young people to seize educational opportunities and start businesses, were winners of their Classroom and School-wide Business Plan Competitions, and have moved on to the Regional Finals to compete for seed capital and the chance to compete nationally in New York City in October. 

NFTE students, teachers, and volunteer judges will be on hand for interviews. Great stories. Coverage invited.

Schedule

  • 8:00-9:00 a.m. - Registration
  • 9:00-9:30 - Opening remarks (Len Schlesinger, President of Babson and NFTE National Board Member, and Bryan Pearce, Americas Director for Entrepreneur of The Year and Venture Capital Advisory Group Leader
  • 10:00 a.m. - 12:30 p.m. - Quarterfinals Round (35 business plans compete across 5 rooms, top 3 from each room advance)
  • 12:30 - 1:30 p.m. - Lunch and announcement of Semifinalists
  • 2:00 - 3:30 p.m. - Semifinals Round (15 business plans compete across 3 rooms, top 1 from each room advance)
  • 4:30-5:30 - Finals, top 3 compete for 2 slots at Nationals in New York City
  • 5:30-7:00 p.m. - Reception

Schools include East Boston High School (Boston), Josiah Quincy Upper School (Boston), English High School (Boston), Chelsea High School (Chelsea), Malden High School (Malden), New Bedford High School (New Bedford), Joseph P. Keefe Technical High School (Framingham), Greater Lawrence Technical School (Andover), The MET (Providence, RI), Sport & Medical Sciences Academy (Hartford, CT), Pathways to Technology (Hartford, CT). 

35 Student Businesses Compete, including:

  • @ Skateboard Designs, graphic design company
  • A Beautiful Reality, providing perfect prom nights for teenage cancer patients
  • AES Services, provide websites for budding entrepreneurs
  • Asian Station, a variety Asian restaurant
  • Berries & Melons, a mobile fresh fruit-based snack truck
  • Building Fun, introducing young kids to carpentry projects
  • Butler's Baskets, recycled handbag import business
  • Creative Minds, a nonprofit art center for youth
  • Earth Custom Designs, earth stone bracelets
  • Jock to Scholar, tutoring for athletes
  • Jon's Calisthenics, a personal trainer
  • Mama's Delicious Recipes, homemade sauce from Peru
  • Oh My Card!, greeting cards for all occasions in all languages
  • Pure & Natural, natural face cream
  • R&G Potato Company, potato farming in Belize
  • Recyclets, recycled jewelry from soda can tabs
  • Redux, custom built computers
  • Retro-Tech, solar powered batteries for cell phones
  • Samantha's Children's Party Planning Agency, party planning for kids
  • Sugar Coated Heaven, chocolate covered and designed Oreos
  • T. Kristi Designs, clothing design company
  • Tape-estries, accessories from duct tape
  • The Junkyard Dog, attic, garage, and junk removal
  • Three Steps Dance Company, personal dance lessons
  • Trailer Mix, trail mix + beef jerky
  • Tutoring Done Right, tutoring for Boston Public School students
  • Uniform Recycle, public school uniform recycling and resale
  • Urban Image, men and women's fragrances
  • Weldon, welding company
  • Wright Bros. Aglets, providing custom aglets for shoelaces
  • ZAQ's Landscaping, landscaping company
  • + more

36 Volunteer Judges from local companies and institutions, including:

  • Ernst & Young
  • Trader Joes
  • PricewaterhouseCoopers
  • Dogpatch Labs
  • Deshpande Foundation
  • Pierce Atwood Law Firm
  • UMass Lowell
  • Campanelli Companies
  • Cause Consulting
  • Millenial Net
  • Enterprise Center at Salem State University
  • Qbase
  • Black Duck Software
  • Flybridge Capital Partners
  • On-Q-ity
  • Counsel Connect Network
  • Advanced Technology Ventures
  • Imagination Labs
  • WPO
  • Atlantic Trust Private Wealth Management
  • AcrossWorld Education
  • + more

VIP Speakers & Guests are:

  • Bryan Pearce, Ernst & Young's Americas Director for Entrepreneur of The Year and Venture Capital Advisory Group Leader, will be delivering the keynote address, emphasizing the importance of fostering an entrepreneurial mindset and skillset in today's economy.
  • Len Schlesinger, President of Babson College and NFTE National Board Member
  • Amy Rosen, President and CEO of the Network for Teaching Entrepreneurship

About the Network for Teaching Entrepreneurship 

Too many young people today drop out of school and struggle to break the cycle of poverty. Since 1987, the Network for Teaching Entrepreneurship (NFTE) has been inspiring young people to pursue educational opportunities, start their own businesses, and succeed in life. By providing entrepreneurship education programs relevant to the real world, NFTE empowers students to own their educations in and out of the classroom and to find their own path to success. Hundreds of thousands of students have discovered opportunity all around them through entrepreneurship via thousands of certified educators worldwide. NFTE supports active programs in 21 states and 10 other countries through our network of program offices and licensed partners. Entrepreneurs are a powerful driver of economic growth and NFTE sows the seeds of innovation in students worldwide. For more information, visit www.nfte.com.

Media Contact:
Jennifer Green, Director of NFTE New England
jennifer.green@nfte.com, 781-239-5863

Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit www.babson.edu.


By Nancy Sullivan, sullivann@babson.edu, 781-239-4623 | 05/25/2011 06:00