Posted: Wednesday, March 5, 2014
On March 31st a team of young business executives from the Greer High School Virtual Enterprise International program will travel to New York City to participate in the 2014 International Youth Business Summit. The Youth Business Summit is the signature event of Virtual Enterprises International as it offers students multiple opportunities to show what they know. This event provides multiple real-world learning opportunities designed to prepare students for future careers as business leaders.
One unique aspect of the Greer High experience this year will be their participation at VEI’s premier gala fundraising event, “An Evening to Benefit Virtual Enterprises International.” VEI National Director Iris Blanc invited the team to serve as one of four global schools who will set up their trade show at the gala and exhibit their firm. This invitation is a true honor for the program and solidifies the team’s position as an elite firm in the International program.
Six Greer High VE students will compete in the Global Business Challenge, where they will work side by side with students from across the globe. The mission is for each team to analyze company data, identify relevant information for the assigned task, and prepare a solutions-based presentation to industry partner judges. In addition to the criteria of teamwork, teams are rated on their analysis of the company, the strategies they recommend, and the strength of their answers to judges’ questions.
The National Business Plan Competition, one of the most prestigious and rigorous annual business plan competitions for public high school students, is designed to challenge VEI students from across the country as they demonstrate their global business expertise through written business plans and oral presentations. The Greer High team will look to improve upon their 6th place finish at last year’s national competition.
The culminating event of Youth Business Summit week is the Virtual Enterprises International Trade Show. This event allows students from around the world to exhibit a wide range of products and tout their marketing campaigns. From the moment, the trade bell rings until the final closing bell, over 150 businesses will be racing against time to log sales of highly desired goods and services to increase their bottom line and sustain their virtual employees’ lifestyles.