2016 Bluegrass Apprentice Competition
LOCAL TEENS PREPARE TO COMPETE IN JUNIOR ACHIEVEMENT’S BLUEGRASS APPRENTICE COMPETITION
PRESENTED BY AT&T
Lexington, KY — Today, Junior Achievement of the Bluegrass, Inc. (JA) announced it is partnering with AT&T to host the 2016 JA Bluegrass Apprentice competition. The event will be held at Creative Lodging Solutions (CLS) on Tuesday, March 22, 2016, and will run from 9 a.m. - 2 p.m. Now in its fourth year, the JA Bluegrass Apprentice provides Lexington students the opportunity to pitch ideas for new business ventures in an exciting competition form. In addition, prominent members of the Lexington business communities will serve as judges. More than 10 teams (nearly 50 students) will conceive, research, develop and competitively pitch enterprising ideas for products or services. The top three winning teams will walk away with cash prizes valued up to $750, provided by the Lexington office of the Kentucky Innovation Network.
The Kentucky Innovation Network has been around since 2001 creating a network of business leaders and mentors that encourage relationships, grow companies new and existing, and create jobs. “The Lexington Office of the Kentucky Innovation Network has enjoyed working with Junior Achievement of the Bluegrass to advance entrepreneurship throughout the Fayette County school system,” said Warren Nash, Director of the Lexington Kentucky Innovation office. “It has been exciting to observe these students hunger and enthusiasm to learn more about what it means to be an entrepreneur.”
Prior to the event, students will have completed a seven-week JA curriculum entitled, “JA Be Entrepreneurial.” This curriculum, taught by volunteers from the Bluegrass business community, introduces students to the essential components of a practical business plan. After completing the course, students will be able to recognize characteristics and practices of successful entrepreneurs and demonstrate business-planning skills for venture start-up, marketing, financing, management, and ethical decision-making.
“We recognize that not all students want or need to start their own businesses, although many will,” said Lynn Hudgins, President of JA of the Bluegrass. “The main goal of the JA Bluegrass Apprentice competition is to help these kids become more competitive and more adaptable in a constantly changing business environment. In addition, JA and AT&T hope to encourage them to ‘think entrepreneurially’- to provide solutions to their generation’s challenges, whether they jump start their own ventures, or adding value by working for someone else.”