THE NEED For many years, small business has been the job-creating engine that has driven the U.S. economy. However, with the COVID-19 shutdown, it appears that 57% of small businesses (66% of minority-owned) may permanently close.
If the rate of small business failures reaches a historical level, it will be critical that those considering entrepreneurship at all ages is engaged and that those individuals be provided with as many tools and resources as possible to help reduce the chances of failure due to inexperience.
THE SOLUTION The Virtual JA Entrepreneurial Youth Summit will help students draw on their skills and creativity,unlock their entrepreneurial potential and plant the seeds for future entrepreneurial thinking
THE INSPIRATION Students will be expected to receive key learning concepts through in-class learning, video assets and/or self-guided lessons. A mentor will be available to "beam in" to a classroom to help support students as they explore the fundamentals of entrepreneurship. Each team of 2-4 students will present their business idea at the PITCH COMPETITION and the winning team will be determined at the event.