By Dan Domsic
Not-for-profit Entrepreneurship Advancement Center, a support group for entrepreneurs, is holding the Teen ‘Trep Challenge, a business competition for high school students.
The summer-long activity held at Launch Fishers, 7 Launch Way, asks participants to identify a problem and create a business that solves it or takes advantage of an opportunity, according to EAC Executive Director Cathy Langlois.
Langlois said from her perspective, the program has two main goals.
“One is to teach them (students) all of the basics of running and starting a business, all of the things you have to think about, help them learn how to begin looking for that and thinking about those pieces of information,” she said. “Secondly, (the program is) really going to focus on team development and how you work effectively in a group and in a team.”
Participants will create a business concept plan, which has similar components to a business program. Teams vie for cash prizes, and at the end of the program each group will present its business plan.
A panel of entrepreneurs will “evaluate” each group, and an audience will vote on their favorite.