Montgomery students attend entrepreneurship challenge
Students from Mrs. Marr’s entrepreneurship class attended the Entrepreneurship Challenge, sponsored by EconomicsPennsylvania, held at the Susquehanna Valley Country Club, Shamokin Dam.
The conference is designed to bring students from area schools together and challenge them to identify a viable business concept.
Prior to the conference, students were put in groups of two or three. These groups participated in hands-on activities, which were designed to help them define their businesses. The students also became engaged in the concept of writing a business plan.
These students are now in the process of writing a viable business plan, based on the guidelines set forth by EconomicsPennsylvania. These plans will be submitted to the business plan competition this month.
Regional winners, which will be announced in January 2014, will be awarded a monetary gift as well as a chance to compete at the state level.
The coupling of entrepreneurship class with the Entrepreneurship Challenge is an excellent way to give the students a realistic approach to the real world. This project brings to life the interactions between producers and consumers and gives students a venue for learning about marketing, pricing, competition and much more.