Public education organization gives young people the opportunity to improve their communities
The Wyoming Young Entrepreneur Pitch Challenge is a contest for K-12 students to promote their ideas for a product or service that could benefit their community, the environment, or the state.
This challenge, open to pitches at the beginning of the month, is the fourth time that the Wyoming Extracurricular Alliance (WAA) hosted him. Previous Challenge Events have taken place in Spring and Fall 2021 as well as earlier this year.
“[The] Young Entrepreneur Pitch Challenge is an opportunity for young people to pitch a solution or good or service for their community and pitch it to entrepreneurs across the state who will mentor or support them and try to turn that pitch into a functional tool. company,” explained Emily Vercoe, Program Associate at WAA. “We have three different groups, a primary age group, a college age group, and then a high school age group. Historically, our high school pitch challenge has been the most popular among young people.
Vercoe said there had been many good ideas in the past, such as a series of organizational planners, who eventually started in a business around timing and self-retracting fishing lures.
“We had a young woman this spring, an idea to recycle sheep manure from her farm, she provides it to local gardeners,” she said.
For selected presentations, a $100 reward is given in addition to mentorship on how they could sustain their concept. So far, there have been no submissions yet, although the majority of submissions have often come later in the application window.
Pitches can be submitted online and questions are asked to better tailor the product or service to a target audience.
“The way it’s designed, especially for extracurricular groups and organizations or business courses, they will go through the pitch process or the entrepreneurship process or the modules available on our website that they can explain how to develop a presentation,” Vercoe explained. [Applicants answer questions such as,] “How do you determine your market? What is a good case for your audience? Several different business strategy type activities and then their presentations of the resulting end product. »
The WAA plans to expand its youth offerings and has partnered with various organizations throughout the state to better serve students and their ideas. They plan to do this by incorporating ideas into community outreach.
Schools across the state are encouraged to work with WAA to educate students about the initiative. Extracurricular activities and organizations, such as 4-H and Future Business Leaders of America (FBLA) can also participate in the initiative as part of their student offerings.
The current challenge is open for submissions until November 30. The initiative is funded by a grant from the Charles Stewart Mott Foundation.