FOR IMMEDIATE RELEASE
Contact: K.C. Repage
O (571) 209-9033
Loudoun’s student entrepreneurs pitch their business ideas for money at Young Entrepreneurs Academy’s March 30th Investor Panel
$5,000 in investment capital awarded to Loudoun’s Young Entrepreneurs
Lansdowne, VA – Just like in the hit TV Show Shark Tank, a group of student entrepreneurs pitched their business ideas for investment capital during the Young Entrepreneurs Academy! Loudoun’s first ever Investor Panel event.
The Loudoun Young Entrepreneurs Academy is an entrepreneurship training program that matches local business owners and leaders with middle and high school students to help them develop and launch their own business or nonprofit organization.
At the Investor Panel event, each student had five minutes to pitch their business in hopes of receiving an investment. Students demonstrated their well thought out business plans such as mission statements, marketing strategies, competitive analysis and financial reports. The investor panel consisted of four local businesses owners and one bank executive.
Twelve student entrepreneurs pitched their businesses presentations at the event. Six of them received investment amounts ranging from $500 to $1,500.
- $500, GoHub – Ryan Thomas of Loudoun County High School and Hana Stepnick of Stone Bridge High School
- $500, Shock Group Apparel – Chris Reed of Rock Ridge High School
- $500, Sotarily Charming – Mahika Ghaisas of Freedom High School
- $1,000, EpiFriend – Isabel Craun of Loudoun County High School
- $1,000, A+ Safety, Kyle Reichert of Rock Ridge High School
- $1,500 & Saunders Scholarship Winner, Pet Ping, Salar Riar of Belmont Ridge Middle School
Salar will travel to Rochester, New York on May 4th to present his businesses idea to a panel of judges as well as compete against other Saunders Scholar winners around the country.
“These impressive young entrepreneurs did an exceptional job in constructing and delivering their business plan “pitches.” I congratulate Salar Pia, the youngest of Young Entrepreneurs, for delivering a compelling pitch that convinced our panel of accomplished business owners and executive to name him our Saunders Scholarship winner,” said Chamber President Tony Howard.
The Loudoun Young Entrepreneurs Academy (YEA!) is jointly presented by the Loudoun County Chamber of Commerce and the Loudoun Economic Development Authority (EDA), in partnership with Loudoun County Public Schools, the Loudoun County Department of Economic Development, The Mason Enterprise Center Loudoun and Loudoun Youth.
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To learn more about the Young Entrepreneurs Academy (YEA!), click here.