Welcome to the
2022 Youth Business Summit

This year’s Summit—a dynamic week of business competitions, leadership activities, a global innovation challenge, and an international trade show—will bring thousands of budding entrepreneurs from across the U.S. and around the world together with educators and business partners for a one-of-a-kind global business convention. Each event is designed as an opportunity for VE students to showcase the professional skills and business acumen they have developed by launching and running a VE company. We have created many exciting events, and hope you will participate in some of the many sessions and activities described below.

To all 2022 YBS participants, we wish you an unforgettable week of entrepreneurship and business experiences in action! We are hopeful that these experiences can be the inspiration that moves you forward towards a fulfilling and financially secure future. That future begins now!

NYC Travel Updates

UPDATED AS OF 3/3/2022

All event participants must provide one of the following: proof of vaccination OR evidence of a negative COVID PCR test taken within the last 72 hours to enter this year’s YBS venues (United Federation of Teachers and LIU Brooklyn Campus).

Please note that protocols will be dictated by current NYC mandates and venue policies set in place at the time of the event. We as an organization will adhere to the policies we have put in place in our COVID-19 events policy waiver and will be compliant with all venue protocols.

Helpful Links:

COVID-19 Events Policy

Virtual Enterprises International (VEI) will continue to monitor the COVID-19 situation closely and follow all local and state laws and regulations, protective measures, protocols, and guidance from the CDC. All individuals attending the event are required to:

  • Review and submit acknowledgment of the waiver form
  • Be masked for the duration of the event (other than designated eating and drinking areas)
  • Have proof of vaccination OR a negative COVID test within the last 72 hours

Please Note: The status of in-person events may change pending applicable guidelines from government and health officials. In that case, virtual events will be scheduled to ensure the health and safety of all participants.

Events

2022 YBS Schedule

Monday, April 4 – National Business Plan Competition at the United Federation of Teachers

52 Broadway, New York, NY 10004

  • Preliminary Rounds: 8:00 AM – 10:00 AM and 10:00 AM – 12:00 PM
  • Semifinal Rounds: 1:00 PM – 3:00 PM
  • Championship Round: 3:30 PM – 6:00 PM

Tuesday, April 5 – National Competitions at Long Island University – Brooklyn Campus

85 Dekalb Avenue, Brooklyn, NY 11201

  • Preliminary Rounds: 8:00 AM – 10:30 AM, 10:30 AM – 1:00 PM, and 1:00 PM – 3:30 PM
  • Championship Round: 4:00 PM – 6:00 PM

Wednesday, April 6 – Business Showcase at Long Island University – Brooklyn Campus

161 Ashland Place, Brooklyn, NY 11201

  • Booth Setup: 7:00 AM – 9:00 AM
  • Opening Remarks: 9:30 AM – 10:00 AM
  • Booth Display: 10:00 AM – 2:00 PM
  • Booth Breakdown: 2:00 PM – 3:00 PM

Note: This is not a public event. All attendees are invited to the event based on qualification in the National Business Plan Competition, National Finance Competition, National Human Resources Competition, National Marketing Competition, National QuickBooks Competition, and Opportunity Fund schools.

National Business Plan Competition

The NBPC showcases some of the best and brightest student leaders and budding entrepreneurs in the country. Teams representing 41 VE companies from around the country will have their written business plans and oral presentations judged by industry professionals. After receiving top honors in local and regional business plan competitions during the school year, these teams have earned the chance to compete in the country’s premiere team-based national business plan competition.

National Competitions (HR, MRK, FIN, QBO)

National Human Resources Competition

Teams of HR employees from VE companies will deliver oral presentations to inform judges of their HR policies and practices as they relate to the employee handbook, company communications, employee evaluations, and employee recognition.

National Marketing Competition

Teams of Marketing employees from VE companies will deliver oral presentations to inform judges of their marketing plans and operations as they relate to the company pitch or problem they are solving, target market and segmentation, marketing plan, marketing results, and learning outcomes.

National Finance Competition

Teams of Accounting & Finance employees from VE companies will deliver an oral presentation to a panel of judges addressing the company’s financial highlights, financial statements, and internal controls.

National QuickBooks Competition

Teams of Accounting & Finance employees from VE companies will deliver oral presentations addressing their most recent quarterly results and providing responses to specific scenarios based on their implementation and use of QuickBooks Online software.

Global Innovation Challenge (Online)

The Global Innovation Challenge is one of the world’s most unique business-related events for high school students. Students representing different countries work in multinational teams to solve a pressing global issue using design thinking principles.

In preparation of the Global Innovation Challenge, multinational teams of students will meet and collaborate online during February, March, and April. Students will work with mentors who will coach them on strategies to address the problem and develop a slide show, which will be presented to judges at the final event in April 2022.

Business Showcase

The VE Business Showcase recognizes some of the best and brightest student leaders and budding entrepreneurs in the country. Each firm will participate in a Sales Pitch and Booth Design Competition to demonstrate their skills in promoting and selling their products to guest shoppers.

International Online Trade Show (Online)

Join us on Thursday, April 7 from 9:00 AM – 2:00 PM ET, for an intensive day of online trading. Using video conferencing tools, firms will connect with other firms and industry professionals to buy and sell their products and services.

VE-JV National Business Pitch Competition (Online)

The VE-JV National Business Pitch Competition is an amazing opportunity for students to showcase their VE-JV firm or business idea to a panel of industry professional volunteer judges. This year, students from across the country will compete for a shot at being crowned VE-JV National Champions!

2022 VE-JV National Business Pitch Competition Guide forthcoming

Hotels & Lodging Information

DoubleTree by Hilton New York Downtown (Manhattan)
8 Stone Street New York, New York 10004
(212) 480-9100

Booking Link: VEI April 2022 Student Group

Arrival Date: April 3
Departure Date: April 6
Reservations cut of date: March 18

Hampton Inn Brooklyn/Downtown (Brooklyn)

125 Flatbush Avenue, Brooklyn, NY 11201

718-875-88008 (Group Code VEI for phone reservations)
 
Arrival Date: April 3
Departure Date: April 6
Reservations cut of date: March 18

#2022YBS Social Media Contest

Your Chance to Earn VE$50,000

Using #2022YBS, VE students will be posting on Instagram and Twitter with updates on their companies, showing how their teams are conducting business, offering special deals and promotions, and sharing their experiences as VE students. Ten teams will be voted for by the VE community as the winners of this contest, and will be receiving $50,000 in VE money and special recognition for their efforts and ingenuity. These VE firms must post regularly, and be impressive in the quality and content of their posts. Posting period ends April 15, 2022.

View the winners of the #2021YBS Social Media Contest

Do you represent a school interested in VE? Start a VE program today and ensure your future graduates are ready for the future of work. You’re joining a program that’s transformed the lives of 200,000 students and will prepare hundreds of thousands more in the coming years.