On Tuesday, October 11, juniors in Year 1 IB Business & Management HL presented ideas to a panel of judges, Mr. Garret Gulish, from GE Power, Mr. John Gamble, local business owner, and Peter Heiman, local businessman.
The presentations are in preparation for a competition at Seton Hall University.
The competition is the Stillman School of Business Pirates Pitch Competition for High School students. Per the guidelines: the premise is to teach high school students entrepreneurship basics and idea generation and recognizes and rewards students with outstanding entrepreneurial know-how.
Students must submit an original idea that, in 350 words or less, describes an innovative product or service that they would like create. Alternatively, they can tell about a business they’ve already launched. They are to answer the following questions:
1 What problem does your product or service solve?
2 How do you propose making money?
3 Who are your customers and why will they buy your product or service?
4 Who is your competition and how are you going to be better than the competition?
If selected as a top-10 finalist, students will be invited to Seton Hall to present their ideas to a panel of judges in mid-November.
In the end, the judges presented a first place award to each of the best product, service, and technology app.