Teen entrepreneurs use help from LAUNCH to start businesses, create products
In addition to the traditional pressures that come with being a high school student, some area teenagers are juggling business meetings and Oprah-level aspirations.
In addition to the traditional pressures that come with being a high school student, some area teenagers are juggling business meetings and Oprah-level aspirations.
Many dream of owning their own business. At just 17 years old, Deshel Hambrick is already making that dream a reality in her life.
A panel of 4 judges had the difficult task of determining a winner from 12 teams of high school students representing Tyner Academy and the Howard School. Each team gave a presentation featuring their product or service idea and business plan. The students were participating in the LAUNCH High School Entrepreneurship Program, spending a semester with teachers and mentors developing concepts into feasible business plans. The prize package for the winning team includes start up cash and services from professionals to guide and assist the budding business owners.
After months of creating business plans, students at the Howard School and Tyner Academy have moved three businesses a step closer to becoming a reality.
Student teams originally were competing for a single prize — $10,000 in startup money and services — but the judges of LAUNCH’s High School Entrepreneurship competition were so impressed, they offered two additional prizes Sunday night. The judges were members of the Chattanooga Renaissance Fund.
Leaders of Chattanooga nonprofit organization LAUNCH are hosting the second annual high school entrepreneurship competition, and organizers hope participants are inspired to think about their future and how they can contribute to their city.