10 Long Island Schools are Finalists in National Business Plan Competition

Virtual Enterprises (VE) announced today that the following Long Island schools are now finalists in VE’s National Business Plan Competition (NBPC) happening April 17-19 during VE’s annual Youth Business Summit at the Jacob Javits Center in Manhattan. The NBPC showcases some of the top student leaders and budding entrepreneurs in the country: 
 

More than 2,400 students from 80 Long Island schools attended VE’s Long Island Regional Conference and Exhibition held at LIU Post from January 10-11. During that time, dozens of students presented business plans to a panel of judges during the first round of the business plan competition. Forty student businesses were chosen to advance to the competition’s second round, yielding the 10 Long Island finalists.

During the Long Island Regional Conference and Exhibition, nearly 100 simulated businesses created and run by Long Island students participated in a live, interactive trade show and competed for best business plan, best sales pitch, best exhibit booth, and more. The annual event draws Long Island students who run simulated businesses with their classmates involved in the VE program as well as around 100 corporate volunteers from regional business, colleges, and industry.

The VE program solves one of the biggest challenges facing education and the economy today – providing students with the best career and college-readiness experiences possible. At a time when only 43 percent of employers surveyed in the National Association of Colleges and Employers (NACE) Job Outlook Study feel students are prepared with the professionalism and work ethic needed for careers, VE's apprenticeship model helps students identify a career path, develop 21st-century business and management skills and help shape their college journey. When compared to other high school students throughout the U.S., VE students reported a higher likelihood of going to college, feeling better prepared for it, and identifying future career interests.

ABOUT VIRTUAL ENTERPRISES INTERNATIONAL

Virtual Enterprises International (VEI) is an educational nonprofit that provides a solution for schools to offer all students meaningful skills-based career experiences. Through our hands-on, task-based curricula, aligned to the VE Career Readiness Framework, students test drive potential careers and develop in-demand skills and competencies that post-secondary institutions and employers are seeking. By managing the day-to-day operations of a company, students not only develop business skills and an entrepreneurial mindset, they also identify career pathways that align with their interests, talents, and aspirations.

Since its inception in 1996, VEI has served over 200,000 high school students, including many from under-resourced communities. In 2015, VEI introduced the VE-JV Career Academy, a similar two-year program that enables middle school students to develop technology and entrepreneurial skills by starting and managing business ventures. Roughly 90% of VE students interact with business professionals who mentor them on a regular basis and 87% identify a career path of interest due to their involvement in the VE program. We annually support 20,000+ students across the U.S. and are part of a global network spanning 40+ countries and 7,000+ student-run businesses. Learn more about VE on our website, Facebook, Twitter, Instagram, and LinkedIn pages.