On Friday August 16th at Rutgers' Newark campus, the newest cohort of NFTE students presented their business plans from the last two weeks of BizCamp, an accelerated program to teach students the fundamentals of business.
Students at the NFTE BizCamp at the Newark campus of Rutgers University
After an intensive education on business and entrepeneurship basics, the students competed in the business plan competition. The judges deliberated and the results came in:
The judges asking questions with Terry Bowman, the executive director of NFTE New York Metro, far right
Third place: Kashawn Griffin's business idea was to give singing lessons to a target market of teenagers, instilling in them confidence and providing them with a creative outlet for a bargain price.
Second place: LJ Eaddy's business built on her personal interest in fashion in order to create a consultancy, using her expertise to help clients find the perfect outfit for any occasion.
And finally, first place: Imani Drayton won with an event-coordinating company that would specialize in planning and executing all aspects of birthday parties for the children of busy parents.
Teacher Joshua Harris with the winners and NFTE alumna JudithAnn Portalatin. Photo credit: Carlos Mendoza)
The BizCamp helped 23 young entrepreneurs from Newark articulate their ideas into business presentations that focused on meeting a need and solving a problem in their local communities. Imani commented afterwards how the BizCamp helped her to focus on her own comparative advantage, and that the program helped her organize her thoughts and reinforced math and reading skills.
Cami Anderson, Superintendent of Newark Public Schools, and Amy Rosen, CEO and President of NFTE