high school business idea competition bigideasd
DESCRIPTION
High School Business Idea Competition www.BIGIdeaSD.com. The Middle Border. History. Previous Business Competition Discussions Gathering of Stakeholders (2007) Find Common Understanding Creating a Workable Project Youth Focus (Grades 9-12) Regional Scope to Start (~40 schools first year) - PowerPoint PPT PresentationTRANSCRIPT
High SchoolBusiness Idea Competition
www.BIGIdeaSD.com
The Middle Border
History Previous Business Competition Discussions Gathering of Stakeholders (2007) Find Common Understanding Creating a Workable Project
Youth Focus (Grades 9-12) Regional Scope to Start (~40 schools first year) Build on Existing Programs (fall semester fit) Use Local Web Design Firm to Create Online App
•To expose youth to new ideas and innovation in the hopes that they will view entrepreneurship as an option for their future. Rather than leaving the region to look for a job, they can have the confidence to create their own opportunities close to home and know that there is support for them should you choose to do so.
•To expand the reach of the competition to more schools, continue to integrate the competition with other entrepreneurship education opportunities at the high school level and beyond, and explore partnerships with interested groups to accomplish these goals.
Committee Goals
Competition ProcessSubmit Your Plan Online:
•Students create a login at website (www.BIGIdeaSD.com).
•Students must cover these important points in their entry:
•Concept Overview (75)•Product or Service (250) •Market Opportunity (250) •Competition (250)•Management & Operations (250)
Competition ProcessSubmit Your Plan Online:
•Students choosing to compete in the optional BIG Idea Marketing Design Competition must submit a logo and an ad for their idea.
•All submitted applications will be reviewed and scored by a panel of judges and the top eight submissions will advance to the final competition.
Final Competition:
•The eight finalists will be required to make a 5-minute maximum presentation with a visual component to a panel of judges
•Winners are determined by a combination of their written and verbal scores.
•Marketing Design winner is based on scoring alone – scored separately.
Competition Process
Competition ProcessAward Ceremony:
•All schools and students participating in the BIG Idea Competition are invited to the Awards Ceremony.
•The ceremony includes a panel discussion with successful entrepreneurs, and the eight finalists deliver their elevator pitches.
•Final Competition viewable on DDN
Competition ProcessAward Ceremony:
•The winner of the Marketing Design Competition is recognized and invited to display their marketing pieces and give a brief description.
•Awards are presented to the top three winners in the Business Idea Competition.
Prizes1st Place
•$1,000 Cash
•Scholarship from
Presentation College
• Scholarship from Northern
State University
3rd Place
• $250 Cash
2nd Place
•$500 Cash
•Scholarship from
Presentation College
Marketing Design
• $500 Cash
Marketing the Program Letters to teachers, principals, counselors Emails – Youth Business Adventure, past
entrants, reminders Posters and Flyers Local Economic Development Groups Facebook Department of Education Staff and Events Other Events Website
BIG Idea
Homepage
BIGIdeaSD.com
Previous
Winners
Page
Entry
Form
Entry
Form
Participation History2007 2008 2009 2010 Total
Entries 101 137 103 148 489
Marketing Design NA NA 30 27 57
Students 133 179 150 204 665
Schools 10 16 10 18 25
Judges 36 60 45 69 88
2011 BIG Idea ParticipationExpanded Marketing to Eastern South Dakota
Approximately 130 schools
Implementing Online Judging System
169 Written Idea Entries
47 Marketing Design Entries
21 Schools (7 new)
200+ students
~125 judges
Flexible ProgramWays to incorporate BIG Idea:
•Extra Credit
•Required Assignment
•Team Project (up to 3 students/team)
•Collaborate with other teachers
•Student Organization Project
•FBLA, FCCLA, etc.
New Features Enhanced Entry Form (2008, 2009) Advisor Dashboard (2009) Marketing Design Competition (2009) Slightly Expanded NE Region (2009) Expanded to Eastern SD (2011) Online Judging Feature (2011) Statewide Marketing (2012)
Advisor Dashboard
Advisor Dashboard
Advisor Dashboard
Online Judging
Online Judging
Online Judging
Online Judging
Online Judging
Student Comments
“This whole process has been a great learning experience that will certainly help me in my future career” - Cody
“It was a lot of fun and the experience was great. I hope younger students continue with this competition and have fun with it.” - Tory
“It was fun putting together a proposal.” – Alex
Teacher Comments“Wow! What a wonderful competition you
have created for high school students! I am so glad I got my students to take part in the “Big Idea” competition and I can’t believe how much they learned about starting up their own business.” – Janet Hallberg
“It’s an exceptional experience with great incentives and rewards.” – Brenda Merkel
Thank you!Kelly Weaver
Aberdeen Small Business Development Center
416 Production Street North
Aberdeen, SD 57401
Phone: 605-626-2565
Julie Johnson
Absolutely!Aberdeen/Prairie Vision
416 Production Street North
Aberdeen, SD 57401
Phone: 605-725-5070
Website: www.BIGIdeaSD.com
Facebook: BIG Idea SD