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Young Entrepreneurs Sought for New Session

Aug 01, 2018 08:14AM ● Published by Jeanne Fratello

Got a teen or tween with a great business idea? Now's the time to enroll them in the Young Entrepreneurs Academy, a local "boot camp" for students who want to bring a great business idea to fruition.

The program for students in grades 6 through 12 runs from October through May. Classes meet every Monday from 4:00 to 7:00 p.m. at Mira Costa High School.

The Young Entrepreneurs Academy class includes:

-Field trips to local businesses(franchises, independent owners, etc.)
-Speakers who lecture on various business topics(legal structures, insurance, e-commerce, branding, banking, brainstorming business ideas, etc.)
-Mentors (7 weeks spent with a mentor who helps student construct a business plan)
-Graphic Designers(work with each student business to create logo and marketing materials
-Public Speaking professional(assists students with their business pitch)
-Trade show (to promote business/sell product)
-Pitch to investors for real money to run business(think Shark Tank!)

One lucky student business will be chosen at the investor panel to represent the Manhattan Beach YEA at the finals in Rochester, New York. There they will compete with YEA students from all over the country for scholarships.

YEA is supported through donations from the Manhattan Beach Chamber of Commerce, Kinecta, Manhattan Beach Toyota, Max Industries, and WeWork.

There is a $20 application fee, and tuition for the school year is $795. Applications are due by September 30. More information can be found at http://www.manhattanbeachchamber.com/yea/

Last year's class of entrepreneurs included 15 student CEOs, whose business ideas ranged from detachable visors for helmets to custom multi-use furniture. The overall winner was Paloma Burgos and her business, Lavande de la Paloma. Burgos cultivates lavender from her own backyard and creates lavender soaps and sachets with customizable boxes. As the winning student CEO, her business was fully funded and she was chosen to compete against other young entrepreneurs in Rochester, New York.






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