Sponsored By Virtual Enterprises International
(Long Island, NY) Seven school district teams will present their “business plans” to a panel of judges to see which three School Districts will advance to the national competition sponsored by Virtual Enterprise International (VEI) today February 25th, 2015. The presentations will take place at the offices of rightfinancialadvisor.com, at 10:30 a.m. at 4250 Veterans Memorial Highway, Suite 420E, Holbrook, New York.
Today the top seven teams that competed against 34 Long Island teams in January at Farmingdale University will vie for three finalists’ slots. Rick Cross, founder of rightfinancialadvisor.com and a panel of judges from Long Island’s business and academic communities will decide the best business start-up plans and name three of those teams the most outstanding. They will advance to the national competition sponsored by Virtual Enterprises International in New York City as part of the Youth Business Summit events on April 13-15, 2015. Today students will begin making their presentations before the panel at 9 a.m. and will continue until 12:30 p.m.
In 2014 the NYS Board of Regents approved ‘Multiple Pathways’ for high school graduation making VEI a perfect opportunity for New York State students to participate in a business pathway. Virtual Enterprises International (VEI) is an in-school entrepreneurship program modeled on the European tradition of apprenticeships. The program targets high school and college students. With an emphasis on college and career readiness, VEI offers students a competitive edge through project-based collaborative learning, and the development of 21st-century skills in entrepreneurship, global business, economics, problem solving, communication, personal finance, and technology.
“This is my second year judging the Virtual Enterprise International Contest,” said Cross, adding “today we pick the finalists for the national competition and ultimately for the International award.
“VEI is the real world program you wish you had in high school, it helps prepare students for college careers and for life,” said Ellen Palazzo, VEI’s Long Island Regional Director, adding more than 700 Long Island high school students, representing 34 school districts, presented their “virtual businesses” plans at the 5th Annual Long Island Virtual Enterprises Business Plan Competition and Trade Fair at Farmingdale University in January. Microsoft will sponsor the national judging in April, 2015 in Manhattan.
Reporters are advised that 4250 Veterans Memorial Highway is opposite MacArthur Airport. Due to construction in the building please enter through the east elevators to the fourth floor a receptionist will direct you from there.