On the last day of the 2014 Youth Business Summit, new life was injected into the historical 69th Regiment Armory. We witnessed the largest (virtual) marketplace in NYC and the highest volume global trading day for VEI. From the starting horn to the final nanosecond, over 4,000 attendees gathered together for a day full of business exchange, innovative booth displays from 160 VE firms from around the world, and enthusiastic salesmanship.
Frank Boccio, Executive Vice President of New York Life, cuts the ribbon to open a day of trading at NYC’s biggest (virtual) market
Bird’s eye view of the trading floor
2014 Trade Show Competition Results
Use the links below to the find the top VEI firms for each competition.
2014 Booth Competition
2014 Catalog Competition
2014 Sales Competition
2014 Website-Basic Competition
2014 Website-Advanced Competition
2014 Booth Competition Results
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2014 Catalog Competition Results
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2014 Sales Competition Results
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2014 Website-Basic Competition Results
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2014 Website-Advanced Competition Results
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2014 Trade Show Photos
If you’re on Twitter, Instagram, or Facebook, chances are you’ve seen those #clickable #words #everywhere. These short links are known as hashtags, and they allow groups of people to publicly share and communicate information regarding a topic, event, or interest in a quick, real-time manner. See below for a full explanation so you can start using #2014YouthBusinessSummit to its fullest potential.
What is #2014YouthBusinessSummit?
The Youth Business Summit is VEI’s signature event, bringing together VEI students from around the world for a series of opportunities to showcase the wide variety of skills they’ve learned throughout the school year. The event includes three major activities, the Global Business Challenge, National Business Plan Competition, and the International Trade Show.
If you’re unfamiliar with the events, visit the Youth Business Summit page to find out details and then return to this article.
To capture and share this excitement in real-time, we’ve chosen #2014YouthBusinessSummit as the hashtag for this extraordinary three-day event. Since it takes up a large number of precious characters, you can also use #2014YBS, #VEI, #VEInternational, or tag our Twitter name @VEInternational, but the preferred tag is #2014YouthBusinessSummit.
We’ve even set-up a webpage that highlights tweets with this tag so you can follow along with what’s happening if you can’t make it to New York City.
Why use #2014YouthBusinessSummit?
- Share your experiences of the different events with the world
- Provide insight to a three-day event that people may not be aware of
- Interact with others at the event
- Find out any special deals and promotions during the International Trade Show
- Keep up with the who makes the final rounds of the Global Business Challenge and National Business Plan Competition
Who can use #2014YouthBusinessSummit?
Anyone on Twitter, Instagram, and/or Facebook. This includes:
- VEI firms looking to market and promote their business
- VEI students having a great experience at the events
- VEI coordinators, school administrators, and parents who are proud and impressed with the professionalism of their students
- Guests who are attending for the first time and want to share their discovery with colleagues and friends
- All attendees who want to bring attention to the Youth Business Summit
When can I use #2014YouthBusinessSummit?
- From now until April 1, you can use the tag to share your excitement and anticipation for the event.
- Between April 1 and 3, you can use the tag during the Global Business Challenge, during VEI’s Gala Dinner, during the National Business Plan Competition, and during the International Trade Show.
- After April 3, you can use the tag when sharing the results of the competitions, photos and videos, and any other reactions you have while in the Summit’s aftermath.
See below for the event invitation, brief descriptions of the events, and links to additional Youth Business Summit resources.
Global Business Challenge
In the Global Business Challenge, which is sponsored by HSBC Bank USA, N.A. and the New York Life Foundation, 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 Global Business Challenge will be held on Tuesday, April 1, 2014.
Registration is closed. Those who already registered should be on the lookout for an upcoming confirmation email.
An Evening to Benefit VEI
On Tuesday April 1, 2014, we encourage you to attend a dinner gala to benefit Virtual Enterprises International. Click here for ticket and sponsorship information.
National Business Plan Competition
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 National Business Plan Competition will be taking place Wednesday, April 2, 2014. The top three national teams will be announced on Thursday, April 3, 2014 at the opening ceremony of the trade show.
Qualifying teams will be sending necessary business plan materials to their respective Regional Directors. Once the Regional Directors receive and approve these materials, teams can register.
Registration for visitors and observers will be coming soon.
International Trade Show
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. The International Trade Show will be taking place Thursday, April 3, 2014 at the 69th Regiment Armory.
Oakland, Ca, March 16-17, 2014: Jay Speck County Superintendent of Schools of Solano County welcomed over 1,300 high school entrepreneurs as they arrived in the Bay Area this past weekend for the 10th Annual San Francisco Bay Area Entrepreneurship Conference and Trade Show. The event, hosted by the Solano County Office of Education and James Logan High School, was held Sunday and Monday, March 16-17, 2014 at the Oakland Convention Center. The young entrepreneurs were from Virtual Enterprise and Career Technical Education classes in New York, Illinois, Oregon, and California.
The sold-out event was the largest trade show ever held in the Bay Area. The redesigned format included both student and teacher workshops on Sunday along with oral competitions. Student workshops were presented by Bay Area industry leaders including WIX, Inc., a web creation and hosting site used by many Virtual Enterprises across the country; Indiegogo, a crowdfunding lab; and Aspirationtech, a social media dashboard solution among others. Teacher workshops included HP Life-E Curriculum which is free online entrepreneurship curriculum and Junior Achievement’s free entrepreneurship marketing and entrepreneurship curriculum and a session on how to create a real business in your classroom.
Monday’s opening ceremony for the Trade Show featured Patrick Schwerdtfeger, an international speaker and author who challenged attendees to “Think Bigger About Your Life”. The Trade Show itself highlighted companies from California, Oregon, Illinois and New York.
Tweets from the Trade Show
Students capture beautiful California scenery on their way to San Francisco
Preparing for a busy day of interviews, competitions, and professional development
Students stay still for a moment to say cheese before kicking into high gear for the Speed Interviews competition
A student waits for the Elevator Pitch competition
An overhead shot of the bustling venue
Students at their booths, working their sales and networking skills
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 Tennessee Trade Show took place this past weekend, with over 93 VEI firms and 1200 students participating. It was a successful day all around, as firms from several Tennessee, Michigan, Illinois, North Carolina, and South Carolina gathered together to showcase their products and services, strengthen business contacts, and boost their sales.
Trade Show Results:
Greer High School
Greer, South Carolina
White Knoll High School
State Business Plan Competition Results:
Au Naturale Spa & Hair
Oakland High School
Top 2 teams are invited to compete in the National Business Plan Competition at the 2014 Youth Business Summit. Congratulations to Elysium Computer Systems and Au Naturale Spa & Hair and a big thanks to all the firms who competed.