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Published on September 12, 2011

Fahad Anis, Student Intern at Deutsche Bank

The New York Office, in partnership with PENCIL and the New York City Department of Education, placed 125 students in paid  summer internships in both the corporate and nonprofit sectors.

Throughout the year, students learn 21st century skills through the Virtual Enterprises International program where students learn  the skills to succeed in both college and the workplace.  In New York City, the program is enriched through the opportunity to participate in college courses, Job-Readiness and Financial Literacy workshops and summer internships. These internships allow the students to apply the skills they have learned in VE in the real world of work.

The internships culminated in the Pencil Fellows Reception on August 11, 2011. Notable speakers at the reception included John Jastremski, Associate Director of the New York State Office of Virtual Enterprises, Michael Haberman, President of the Pencil Fellows program, and Jaffar Hamilton, VEI Alumus and current employee of Taconic Investment Partners. Participants and winners of the 2011 Pencil Fellows Newsletter Contest were recognized. As part of the contest, students were asked to compose a newsletter that described their company’s outlook in relation to the current economic climate. Pencil awarded three exemplary students who proved to be an invaluable asset to their companies with scholarships in the amounts of $2,500, $1,500, and $1,000.View additional photos.

 

 Providing youth internships also serves as an opportunity for businesses to attract young talent and diversify their employee base. Across the board, employers who hired a VEI student were impressed with the skills and professionalism the student exhibited. By engaging youth as interns, businesses capitalized on the opportunity to promote their industries, gain enthusiastic, well-trained, part-time or full-time help and play a proactive role in developing the workforce of the future.

For those unfamiliar with Virtual Enterprises International, the idea of transforming high school students into successful entrepreneurs might sound like “Mission Impossible.”

UFT’s New York Teacher- Here’s the Pitch

2013 Youth Business Summit

Price: $0.00

Date: April 8, 2013

Planning is now underway for the 2013 Virtual Enterprises International Youth Business Summit, which will be held in New York City on April 8-11, 2013.

The Youth Business Summit is the signature event of Virtual Enterprises International because it offers students multiple opportunities to show what they know. Through the Summit’s three major activities—the National Business Plan Competition, the Global Business Challenge, and the International Trade Show—students demonstrate their skills, knowledge and diverse talents in entrepreneurship, communications, computer technology, and global business management—key components of the VEI program. See photos of the 2012 Youth Business Summit!

In the National Business Plan Competition, finalists from statewide business plan competitions will compete in a championship round for prizes to be awarded to team members and their programs. The top three national teams will be announced on Thursday, April 11, 2013 at the opening ceremony of the trade show.

In the Global Business Challenge, students are assigned to a multinational team, and are given  several hours to solve a global business problem. Each team will analyze company data, identify relevant information for the assigned task, and prepare a business strategy to be presented to a distinguished panel of judges.

The International Trade Show is the signature activity of the Virtual Enterprises International practice firm program. It provides students with the opportunity to showcase and market the products and services of their virtual businesses as they engage in commerce with their local, national and international peers in a simulated global marketplace. Students will be able to compete in various competitions related to the event: Best Booth, Best Sales Pitch, Best Web Page and Best Catalog.

We look forward to welcoming you to New York City in April 2013 and hope that you will take advantage of the many cultural activities and sightseeing opportunities that await you in The Big Apple.

Iris Blanc
Executive Director
Virtual Enterprises International
Phone: 212-769-2710
Fax: 212-799-7528
iblanc@veinternational.org