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Junior Achievement of Wisconsin Holds Its First-Ever JA Virtual State Business Challenge®

MILWAUKEE, Wisconsin – Junior Achievement of Wisconsin (JA) held its first-ever JA Virtual State Business Challenge on May 21, 2020 with 39 students from 16 Wisconsin high schools competing for college scholarships. The JA Business Challenge, sponsored by Acuity, provides virtual hands-on experience running a business. Statewide school closings due to COVID-19 initiated the transition of the JA Business Challenge to a virtual platform. 
 
“When living rooms and dining rooms became classrooms, Junior Achievement of Wisconsin knew we could and wanted to provide important resources and opportunities for students, including the chance to participate in the JA Business Challenge,” said Michael Frohna, President, Junior Achievement of Wisconsin. “These times are highly unusual, but young people still desire to create and prepare for their futures. Coming along side youth to help in these ways is a privilege for us.” 
 
“Acuity has been proud to host the Junior Achievement Business Challenge at our headquarters for many years,” said Melissa Winter, Vice President, Business Consulting. “Although we can’t host an in-person event this year, we hope that our virtual support helps the business leaders of the future build skills that will lead to career success.”
 
The JA Business Challenge uses JA Titan®, a virtual business strategy simulation platform. Student teams make business decisions regarding price, production, marketing, capital investment, and research and development. Students compete in virtual companies and after several timed periods, teams with the highest performance index win. Students from the winning teams receive college scholarships.
 
Winners of the JA Virtual State Business Challenge
 
Acuity Championship Industry 
First Place: David Kane, Maxwell Siepert, and Gunther Stroschin from Greenfield High School, Greenfield, Wis. in the Junior Achievement of Wisconsin – Metro Milwaukee Area. 
   
Second Place: Bennett Hoppe, John Polster, and Mariah Yaghnam from Greenfield High School, Greenfield, Wis. in the Junior Achievement of Wisconsin – Metro Milwaukee Area. 
 
Third Place: Frank Fetzer and Sebastian Nielsen from Boyceville High School, Boyceville, Wis. in the Junior Achievement of Wisconsin – Northwest Wisconsin Area. 
 
Students from the winning teams will each receive: 1st place ($1,000), 2nd place ($500), 3rd place ($100 Kohl’s gift card), respectively.
 
Executive Industry 
First Place: Andrew Bethke and Noah Stachovak from DC Everest Idea School, Weston, Wis. in the Junior Achievement of Wisconsin – Northcentral Wisconsin Area.
 
Students will each receive a $100 Kohl’s gift card.
 
Entrepreneur Industry
First Place: Elijah Koleske and Jackson Schipper from Appleton North High School, Appleton, Wis. in the Junior Achievement of Wisconsin – Winnebago Area. 
   
Students will each receive a $100 Kohl’s gift card.
 

Junior Achievement Partners with Brian Hamilton Foundation and Mark Cuban Foundation for “Why Entrepreneurship Now"

Junior Achievement of Wisconsin Alumna, Amillia Bell, Featured
 
MILWAUKEE – Junior Achievement (JA) partnered with the Brian Hamilton Foundation and Mark Cuban Foundation to host "Why Entrepreneurship Now - A Virtual Event for America's Teens." The event was hosted by Harris Faulkner, anchor of Fox News Channel's Outnumbered Overtime and co-host of Outnumbered.
 
The featured panelists were: Brian Hamilton, National Entrepreneur Educator, Co-founder of Sageworks, Philanthropist, Founder of the Brian Hamilton Foundation and Inmates to Entrepreneurs, and Mark Cuban, Co-star, ABC's "Shark Tank," owner of the NBA's Dallas Mavericks and Author, How to Win at the Sport of Business and Kid Startup. 
 
This unique interactive event gave teens across America, including Amillia Bell, Junior Achievement of Wisconsin alumna, the opportunity to ask questions of some of the country's most experienced entrepreneurs. 
 
Amillia Bell said, “This event was great for individuals that are interested in becoming entrepreneurs. We were able to get advice from business owners who have firsthand knowledge about what it’s like to start and expand a business.”
 
Nathan Russell, also a Junior Achievement of Wisconsin Alum and JA volunteer, was featured in the April 23rd Junior Achievement and CNBC Virtual Town Hall that addressed teen concerns about the financial impact of COVID-19. 
 
“I would have to say that this type of program where multiple questions are asked and answered should happen more often. Lots of people, many of those being teens, are the ones that have questions regarding the world and things around them,” said Nathan Russell. “Many of those teens find lots of false information online, so an event with experts that have the knowledge and skills surrounding these questions makes a difference. Overall I really enjoyed the experience of talking with national and international experts. It gave me the sense of power to know and understand the world around me in such a troubling time.”
 

Junior Achievement Holds First-Ever JA Virtual Regional Business Challenge®

MILWAUKEE, Wisconsin – May 15th, 2020, Junior Achievement (JA) held its first-ever virtual JA Business Challenge with 43 high school students from the Junior Achievement of Wisconsin - Winnebago and Coulee Areas competing for college scholarships. Statewide school closings due to COVID-19 initiated the transition of the JA Business Challenge to a virtual platform. This is the first time a Junior Achievement Area in the nation used virtual technology for a JA Business Challenge competition.  
 
“When living rooms and dining rooms became classrooms, Junior Achievement of Wisconsin knew we could and wanted to provide important resources and opportunities for students, including the chance to participate in the JA Business Challenge,” said Michael Frohna, President, Junior Achievement of Wisconsin. “These times are highly unusual, but young people still desire to create and prepare for their futures.  Coming along side youth to help in these ways is a privilege for us.” 
 
Title Sponsors for the JA Virtual Regional Business Challenge are Kwik Trip and Miller Electric Mfg. LLC. 
 
“Kwik Trip is pleased to support the JA Business Challenge. This is a great way to foster important business and life skills with our students,” said Steph Martin, Family Office Advisor.
 
“Miller Electric Mfg. LLC is proud to support our high school teams by giving them this opportunity to make realistic business decisions in a fun and competitive manner,” said Jennifer Feldhausen, Market Research Specialist. “The experience of the Junior Achievement Business Challenge combines student teams with business mentors, and helps open doors for tomorrow.”  
 
The JA Business Challenge uses JA Titan®, a virtual business strategy simulation platform. Student teams, supported by volunteer mentors, make business decisions regarding price, production, marketing, capital investment, and research and development. Students compete in virtual companies and after several timed periods, teams with the highest performance index win. Students from the winning teams receive college scholarships and the opportunity to compete in the JA Virtual State Business Challenge on May 21, 2020, sponsored by Acuity.
 
Winners of the Regional JA Business Challenge
 
Junior Achievement of Wisconsin - Coulee Area
 
1st Place: Isaac Robinson and Grace Stablier of 7 Rivers Community High School, La Crosse, Wis.
2nd Place: Jackson Fenwick and Elliot Larson of Logan High School, La Crosse, Wis.
3rd Place: Henrik Traboulsi, Logan High School, La Crosse, Wis.
 
Students from the winning teams will each receive: $600 (1st place), $400 (2nd place), and $250 (3rd place), respectively.
 
Junior Achievement of Wisconsin - Winnebago Area
 
1st Place: Elijah Koleske and Jackson Schipper, Appleton North High School, Appleton, Wis.
2nd Place: Josh Christofferson and Alex Wickershiem, Appleton East High School, Appleton Wis.
 
Students from the winning teams will each receive: $1,000 (1st place), and $500 (2nd place), respectively, from the William Siekman Junior Achievement Scholarship Fund within the Community Foundation for the Fox Valley Region. 
 
Volunteer Mentors from these Companies
 
Altra Credit Union, Associated Bank, Bendel IP Legal, Courtesy Corporation, Festival Foods, Miller Electric Mfg. LLC, Miller Welds Automation, Kohl’s, PwC, Trust Point, Wells Fargo.
 
Corporate Sponsors for the JA Virtual Regional Business Challenge
 
Junior Achievement of Wisconsin - Coulee Area
Title Sponsor: Kwik Trip. Scholarship Sponsors: Gundersen Health System, Russel L. and Vera M. Smith Foundation. Platinum Sponsors: BMO Harris Bank, Co-op Credit Union; Market & Johnson, Inc. Team Sponsors: Borton Construction, DBS Group, LLC, Festival Foods, Mathy Construction, Trust Point, and West Salem Business Association.
 
Junior Achievement of Wisconsin - Winnebago Area
Title Sponsor: Miller Electric Mfg. LLC. Enterprise Sponsor: U.S. Venture. Leadership Sponsors: Appleton Area School District, BMO Harris Bank, Festival Foods, Miron Construction Company, Inc. Scholarship Sponsor: William Siekman Junior Achievement Fund within the Community Foundation for the Fox Valley Region. Team Sponsors: Alliance Laundry Systems, Alta Resources, Bendel IP Legal, Galloway Company, Essity, Laminations, Investors Community Bank. 
 
Junior Achievement of Wisconsin – Racine and Kenosha Areas
Sponsors: Twin Disc, Baird, BMO Harris Bank, Educators Credit Union, US Bank, Fischer, Southern Lakes Credit Union.

Junior Achievement and CNBC to Host a Virtual Town Hall for Teens on COVID-19

Junior Achievement is partnering with CNBC to host a virtual town hall for teens about the financial impact of COVID-19 on Thursday, April 23, 2020.

It will be hosted by CNBC Senior Personal Finance Correspondent Sharon Epperson and includes a panel of economists, entrepreneurs, psychologists and counselors.

Highlighted panelists include:

  • Daymond John, Founder and CEO, FUBU; Co-star, ABC's "Shark Tank”
  • Brad Klontz, PhD, PsyD, CFP, Founder, Financial Psychology Institute

Wisconsin students will be featured on the national virtual town hall: Amillia Bell of Milwaukee Public School's Rufus King High School and Nathan Russell of Menomonee Falls High School.

Read More and Register Here

Junior Achievement of Wisconsin Releases Free Resource to Help Teens Understand Financial Impact of COVID-19

Milwaukee, Wisconsin – Junior Achievement of Wisconsin is releasing a free resource for teens titled Making Sense: Understanding the Financial Impact of COVID-19. The guide is designed to answer teens’ questions about the economic implications of COVID-19, including “Why are some store shelves empty?”, “Why are some people losing their jobs?” and “Are we going into a recession, or even a depression?” The guide is available at JA.org/MakingSense
“While social distancing is essential to fighting COVID-19, the disease and the steps we must take to address it are having a financial impact. Our goal is to help young people better understand what’s happening,” said Michael Frohna, president of Junior Achievement of Wisconsin. “April is Financial Literacy Month, and this is really an important time to be sharing this kind of information.”
The guide is written with middle school and high school students in mind. It uses relatable examples to explain what a recession is, how the Federal Reserve works and steps being taken by government and the private sector to deal with the economic impact associated with COVID-19. JA is also offering free resources to teachers and parents who may have students finishing school online this semester. Those resources are available at JA.org/Tomorrows.
 
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