Students from Storm Lake High School have spent the last few months gathering information, doing market research, writing business plans and preparing presentations for the Iowa Lakes Corridor’s Regional Business Plan Competition. The Corridor works at the grass roots level to develop the next generation of successful entrepreneurs and leaders.
Judges for the competition were Richard Drahota, Chairman of Iowa Lakes Corridor Board of Directors and retired banker, Gary Lalone, President of Storm Lake United, and Dr. Kihwan Kim, assistant professor at Buena Vista University. While all of the plans that were presented were great, the winning plans were authentic, realistic and well thought through. Students that were awarded first, second and third prizes showed knowledge of the field, confidence and passion. They had also done location research and showed knowledge of clientele.
First place winner was Victor Aviles, with a business plan for a sporting goods store. Second place was Yeison Lopez, with his business of a pet store, and third place went to Jacob Dicks, with his coffee shop business. Cash prizes were given to the first, second, and third place winners. First place received $200, second received $175, and third place received $150.
“It is exciting to experience the energy and drive of high school entrepreneurs competing in our Business Plan Competition,” said Brian Dalziel, Senior Vice President of Iowa Lakes Corridor Development Corporation. “These future business owners are determined to create opportunities not only for themselves, but also for those who they will employ. I expect that several of these students will go on to launch their business after graduation, and Iowa Lakes Corridor will be there to support them.”
The students competing were from business classes taught by Nichole Krager of Storm Lake High School.
The Corridor is actively recruiting new schools and teachers in the region to participate in entrepreneurial events for students. Contact Brian Dalziel at the Iowa Lakes Corridor, at 712-264-3474 or email@example.com, for more information on how to get your school involved.