The following nine teams have moved on to Round II of the 2017 VE Venture Challenge.
Each team was evaluated as real-world entrepreneurs soliciting start-up funds from investors. These businesses excelled in the following criteria: viability, scalability (growth potential), team, innovation, and pitching skills. The semi-finalist teams will be asked to provide more detail about their business idea by February 21, 2017 and three (3) finalist teams will be selected to advance to the Final Round and will be notified by February 24, 2017.
|Ethnic Empowerment||Francis Lewis High School||Fresh Meadows, NY
|HEELmates||Cary-Grove High School||Cary, IL
|NeuVen||Jefferson High School||Tampa, FL
|Prizm||Westhampton Beach High School||Westhampton Beach, NY
|Solely Rubber||JP Taravella High School||Coral Springs, FL
|The Safe House||Portland High School||Portland, TN
|TredBed||Parkway West High School||Chesterfield, MO
|Trinity Games||Francis Lewis High School||Fresh Meadows, NY
|VICTORIES||Eagle Academy for Young Men of Harlem||New York, NY
Go to VE Venture Challenge page
Go to 2017 Gala page
The following 28 teams have qualified for the 2016 National Business Plan Competition, taking place on April 17 at LIU Brooklyn. This event is the most prestigious and rigorous annual business plan competition for public high school students. It challenges VEI students from across the country to demonstrate their global business expertise through written business plans and oral presentations. In order to qualify for this event, these teams have demonstrated the best written plans and oral presentations at their respective local, state, and regional competitions.
|A+ Opportunity||Careerline Technical Center||Holland, MI
|Adventure Time||Pinckney Community HS||Pinckney, MI
|AquaTerra||Westhampton Beach HS||Westhampton Beach, NY
|Avant-garde Furnishings, Inc.||Fort Hamilton||Brooklyn, NY
|Brooklyn's Sweet N Savory Catering||Fort Hamilton||Brooklyn, NY
|Concierge||New Dorp||Staten Island, NY
|Culturally Creative Cupcakes, Inc.||International Prep HS||Buffalo, NY
|Elysium||Bearden HS||Knoxville, TN
|Enviroscentals||Mount St. Mary||Kenmore, NY
|Envision North||Belvidere North HS||Belvidere, IL
|EvoTech||Patchogue Medford HS||Medford, NY
|Fitspiration||Robbinsville HS||Robbinsville, NJ
|Focal Point Inc||JP Taravella HS||Coral Springs, FL
|Helios||Westhampton Beach HS||Westhampton Beach, NY
|INK||South Pasadena HS||South Pasadena, CA
|Karuna||Bakersfield HS||Bakersfield, CA
|N.E.R.D.S. Technology||Arvin HS||Arvin, CA
|Nocogo||Murrieta Valley HS||Murrieta Valley, CA
|ROC Security||Hewlett HS||Hewlett, NY
|Rock Solid||Person HS||Roxboro, NC
|Salubre||Byron Nelson HS||Trophy Club, TX
|ScholarME||Herndon High School||Herndon, VA
|Sockscribe||Centennial HS||Bakersfield, CA
|The Edge||Granville Central HS||Stem, NC
|The Golden Spoon||Greer HS||Greer, SC
|Trifecta||Murrieta Valley HS||Murrieta Valley, CA
|UnderWrapz||Crystal Lake South HS||Crystal Lake, IL
|Vitality Inc.||Bearden HS||Knoxville, TN
Go to Youth Business Summit page
Go to 2016 National Business Plan Competition page
On January 14th, 2016, 24 Virtual Enterprise firms, representing each of the five boroughs, braced the early morning cold fronts to attend the New York Citywide Business Plan Competition, hosted at the United Federation of Teachers. Each firm had 10 minutes to pitch their company to a panel of diverse judges for a chance to make it to the National Business Plan Competition.
The morning session of the competition was divided into two rounds, which included 10 minute presentations and the Q&A session. Each of the 24 firms presented to a panel of 6 industry professionals, alumni, and VE advisory board members, leading to eight finalist firms for the afternoon round. After an intense round of strong presentations, the top teams of the day were Brooklyn’s Sweet & Savory in first, Avant-garde Furnishings in second, and Concierge Ticket Brokers in third.
Top 3 Teams
|VEI Firm||High School
|Brooklyn's Sweet & Savory||Fort Hamilton High School
|Avant-garde Furnishings||Fort Hamilton High School
|Concierge Ticket Brokerage||New Dorp High School
|Inspire Athletics||Abraham Lincoln HS
|Infinite Investment Solutions||Academy of Finance & Enterprise
|ASAP||Academy of Finance & Enterprise
|Sac-A-Dos||Bronx HS of Business @Taft
|Brandmark Advertising||Edward R. Murrow HS
|Velocity International||Forest Hills HS
|Brooklyn's Sweet 'N Savory Catering||Fort Hamilton HS
|Avant-garde Furnishings||Fort Hamilton HS
|MatchWear||Francis Lewis HS
|ReImagin3D NuApps||Francis Lewis HS
|ImagiNation Inc.||HS of Arts, Imagination, & Inquiry
|Lucid Invenstment Financial Enterprise (LIFE)||HS of Econ & Finance
|FLY||HS of Fashion Industries
|Novus Solaris Imperium||In-Tech Academy
|Nyidea T-Squared||Jaqueline Kennedy Onassis HS
|SNAP||Manhattan Business Academy
|Concierge Ticket Brokerage||New Dorp HS
|PolyGlot Translations||New Dorp HS
|PR Catering||Port Richmond HS
|NYCycles||Queens Vocational HS
|Majestique||William Cullen Bryant HS
Thank You to Our Judges!
VEI would like to thank all the judges who contributed their time, talents, and effort to supporting our local VE student professionals.
Abby Bilanin, Geller & Company
Andrea Pfeil, Goeth-Institute NY
Angelo Scialfa III, Fox Run Group
Annie Herman, Journal-Dow Jones
Arpit Akruwala, VE Alumnus
Beth Grossmen, ACORD
Bonnie Manter, BBM Technologies
Bonnie Messing, Geller & Company
Charlotte Beyer, Principle Quest Foundation
Cindy VandenBosch, Turnstile Tours
Doug Young, Council for Economic Education
Eileen Monreale, American Institute of Marine Underwriters
Frank Chiarello, The Tower Group Companies
Gina Pol, VE Alumna
Jeff Rubin, Hub International
Joann Halpern, Goeth-Institute NY
Joshua Siegel, Georgetown Angels
Junior Manon, NYCDOE
Michael Mahoney, Mahoney Associates
Nan Donelon, Women in Hedge Funds
Norman Chester, Institute of Monagement Accountants
Renee Black, PricewaterhouseCooper
Richard Johnson, Halstead
Roberta Mittman, Center for Well Being
Scott Mitchell, Euro-Pen International
Sean James, former NFL Player, now Entrepreneur, Philanthropist, Educator
Susan Hirshmann, Morgan Stanley
Susan Miller, JSM Strategy Advisors
Solarity moves onto Nationals for the second year in a row
On January 17th, twenty-two VEI Firms attended the 2014 New York Citywide Business Plan Competition after separating themselves with stellar presentations from the pack of forty-eight firms in the Local Business Plan Competitions. In the morning of the Citywide Competition, all twenty-two teams presented twice at the United Federation of Teachers’ headquarters. The morning round atmosphere was abuzz with anticipation. Students and coordinators made some last minute preparations, psyched themselves up, and awaited their shots to showcase months of hard work and get closer to representing NYC at the National Business Plan Competition during the 2014 Youth Business Summit in April.
After seven semi-finalists were announced, the crowd reacted with excitement and disappointment, and the remaining teams headed to one of Deloitte’s offices for the championship round. The championship round was a nail-biter, but eventually the top three teams were chosen to move onto Nationals.
1st – Solarity (New Dorp HS)
2nd – Majestique (W.C. Bryant HS)
3rd – T-Squared (Jacqueline Kennedy Onassis HS)
Check out photos from the afternoon round to see the diverse range of industries and ideas on display.
Photos from Afternoon Round
- Footprint (W.C. Bryant HS)
- Imagination (HS for Arts, Imagination & Inquiry)
- Majestique (W.C. Bryant HS)
- Solarity (New Dorp HS)
- T-Squared (Jacqueline Kennedy Onassis HS)
- VE Law & Insurance (New Dorp HS)
- VReal Publications (Francis Lewis HS)
Photos from the Morning Round
Below is an interview with NYC Program Coordinator Nick Chapman regarding his view of the competition. VEI extends our deep appreciation to Deloitte, UFT, the judges, volunteers, students, coordinators, mentors, and staff for their commitment to helping shape the next generation of business leaders and the names of these exemplary people can be found at the bottom of this post.
Q&A with NYC Program Coordinator Nick Chapman
What were this year’s pleasant surprises?
It’s always wonderful to see the variety of firms presenting at the Citywide Competition. It was great to see the extraordinary level of competition.
In addition to Solarity’s accomplishment, I’m especially proud of T-Squared (Jacqueline Kennedy Onassis) and Majestique (WC Bryant), who will both be first time participants in the National Business Plan Competition.
How did this year’s competition compare to last year’s? How did it compare to the local competitions?
This was the strongest field of teams that I’ve seen in the Citywide. Many of the teams were in striking distance of the finals and I think it tells us a lot about the dedication and preparation of our students and teachers.
What advice do you have to the teams moving to Nationals?
Get as many people as possible to read your plan, watch your presentation, and provide feedback.
What advice do you have to teams who couldn’t make it?
Run your business! Make sales, get the word out, implement your plan! Start preparing for the upcoming International Trade Show.
What would you say to students who fell shy of making it but are seniors and won’t get another shot at this in a VE context? In other words, what do you hope they can take from the experience into college and beyond?
By making it to the Citywide, each of these 22 firms have already separated themselves from their competition. The experiences that these students gained in writing, preparing, and presenting their work will only serve to further set them apart from their peers after high school.
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Eclectic Essentials presenting their business plan
On Tuesday January 14, 29 VEI Firms from Long Island gathered at Farmingdale State College for the 4th Annual Business Plan Competition and Regional Trade Show.
Business Plan Competition
For the Business Plan Competition, the student teams were allotted 10 minutes to present their plans to a panel of judges, followed by a brief Q&A session. The teams each presented two separate times, switching lecture halls and judge panels.
Judges commented how they focused on looking at a team’s presentation skills and professionalism, which includes students’ ability to deliver information about their business, maintain eye contact, and memorize lines.
Seven semi-finalists were selected. These teams will be moving on to the final round of Long Island’s Business Plan Competition, hosted by Long Island business partner American Portfolios Financial Services, Inc. at their offices (4250 Veterans Memorial Hwy, Suite 420E, Holbrook, NY 11741).
Good luck to the semi-finalists in pursuit of qualifying for the National Business Plan Competition. Special thanks to all participating teams for attending and to the judges and supporters who make essential events like this possible.
View Press Release of Event on LongIsland.com
After sitting in on a few presentations, I got the chance to walk around the Trade Show in Roosevelt Hall with a coveted set of VEI checks. Students introduced themselves and their firms, wooed me, and ultimately won me over with their salesmanship and unique offerings.
I ensured health and financial protection by buying a package from Future 1st Financial Services. I enabled my lounging habits by purchasing a recliner and projector screen from Business Casual Furnishing. I snagged a robot butler from A Twisted Cleaning Service to do my housework as I relax in my new recliner. I rented a Porsche from Vmotive for when I finally need to leave the recliner and keep up professional appearances.
I negotiated an unlisted bulk deal for Power Lines from Helios. I even bought superpowers from Justice Juice. Now that I think about it, I should’ve bought the superpowers first and used superspeed to visit more booths, then fly to a Hawaiian beach after a busy day of trading.
But I don’t know if Spider-Man would allow that kind of exploit.
By: Tyler Fugazzie
- Francine Federman, Ph.D., Farmingdale State College, Assistant Dean, College/High School Programs for once again sponsoring this event and for her ongoing support and partnership in helping LI VE students succeed.
- Farmingdale State College faculty and staff who helped to coordinate the events.
- Gene Silverman, Executive Director, Regional Schools and Instructional Programs, Nassau BOCES, for spearheading the VEI initiative on Long Island.
- Andrew Corrado, Senior Vice President, Capital One Bank for his continued support of the Long Island VE program.
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The 10th Annual State Business Plan Competition will be held in Bakersfield, CA from December 3rd to December 4th. For more information, contact Western Regional Director Nancy Phillips.