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Published on June 15, 2010

To begin the process of starting a VEI program, we recommend that the school or district convene a “self-study” team comprised of relevant stakeholders to review the program and evaluate how the program aligns to the goals and objectives of the school and/or district. The VEI program can be used as standalone program or as a capstone course to a Career Academy, a Small Learning Community or sequence of study in business, entrepreneurship, or e-commerce in a public, private or charter high school or college.

The “self-study” team might include the following participants:

  • School/District Administration
  • Teachers
  • Business Partners
  • Post-secondary Faculty
  • Parents, Students, Alumni
  • Local workforce board/youth council representatives
  • Guidance personnel

Because VEI is a Career and Technical Education program, schools that implement it may be eligible to receive VTEA (Carl D. Perkins Career and Technical Education Improvement Act) funding to support costs associated with the program including a specialized laboratory that mirrors a professional office environment.

The VEI program model is designed as a one-year program 90-minute block, five days a week. Students who complete the program may receive Economics credit and/or an in-school work experience. Schools and districts can modify this schedule to support their instructional and organizational needs.

If you are interested in starting a VE program in your school or district and becoming part of a global network of simulated businesses, please fill out the form below and we will contact you. We can assist you with program planning, implementation and professional development in using the curriculum, online components, wholesale marketplace, data portal and international network database.

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