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.