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Irvine High School's Virtual Enterprise Team Success at NYC Competition

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Irvine High School’s Virtual Enterprise team placed among the top 18 teams in the country during the Virtual Enterprise National Business Plan competition recently held in New York City.  Virtual enterprise courses encourage budding entrepreneurs to create and run their own mock companies. Working under the guidance of a business partner, students write professional business plans, manage personnel needs, apply for financing and prepare oral and written sales pitches that are presented at state and regional competitions, where teams qualify for the annual national competition. 

The Irvine High team is enrolled in the Entrepreneurship course, as part of IUSD’s Career Technical Education (CTE) program.  Their company, named Kitastrophe, is an emergency preparedness kit company that aims to help ensure businesses, schools and families are “always prepared” for any natural disaster.

The Kitastrophe’s executive team consists of managers who represent various aspects of the company’s business operations.  This includes:

·       Elizabeth Jiang, Chief Financial Officer ·       Riddhi Kumar, Chief Executive Officer ·       Anders Lodin, Chief Operating Officer ·       Bala Janahan, Director of Marketing ·       Diego Valencia Rios, Director of Sales ·       Elias Sawary, Director of Human Resources ·       Shrey Gupta, Director of IT/Design

Teacher and Coach Gary Russel said, “This trip was an amazing experience for our students, who had the opportunity to learn from and compare their work with the top teams in the country. The atmosphere at the host site, Long Island University, was full of excitement with each team from around the nation doing final prep. Though the teams were competing head-to-head, there was comradery, networking, and support.”

To learn more about the District’s Entrepreneurship CTE pathway and schools that offer Virtual Enterprise programs in IUSD, click here . 

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Virtual Enterprise Wins State, Off to NYC

After+placing+in+the+top+8+at+the+state+competition+in+Bakersfield%2C+both+San+Juan+Hills+Virtual+Enterprise+teams+have+secured+spots+for+the+national+competition+held+in+New+York+this+spring.

Photo Courtesy of Bailey Van Blarcom

After placing in the top 8 at the state competition in Bakersfield, both San Juan Hills Virtual Enterprise teams have secured spots for the national competition held in New York this spring.

Sydney Wolfe February 9, 2022

This year, both SJHHS Virtual Enterprise classes succeeded in several competitions, making it all the way to the state competition held in Bakersfield. On Jan. 28, both teams placed in the top 8 of the state competition, qualifying for the national competition held in New York this spring.

Virtual Enterprise is a hands-on class in the San Juan Hills Business Program where students come together to create a business and develop a product. Within the class, students have different roles and work together in several departments, simulating the environment of a real business.

“Students come together to create a business and they have to do everything, from coming up with a business idea to developing a product and a website. Then, they go compete with other high schools and different competitions while they try to sell their product,” said Virtual Enterprise director, Jeremy Wooten.

“My favorite part of Virtual Enterprise is the practical knowledge I have gained by participating in the program. We pitch business ideas, create a virtual company, draft our business plan, marketing plan, present elevator pitches, and compete against other virtual companies through trade shows,” said “Everlasting” CEO, senior Sam Gugliuzza.

The two Virtual Enterprise classes this year created the firms Everlasting and Tronic Bikes . The products designed by each business typically center around modern dilemmas such as environmental issues. “Everlasting” is a company that aims to eliminate food waste and maximize sustainability with smart fridges. The fridges are designed to track your food and send you new recipes or notifications when your food is going to expire. “Tronic Bikes” sells electric bikes, encouraging the use of cost efficient and environmentally friendly transportation.

Although the program has only been running for five years, winning big is nothing unfamiliar to the Virtual Enterprise stallions. In fact, in the past several years, they have had exceptional success.

“The year before last year, they won the state championships. They didn’t have a national competition due to Covid that year, but they ended up winning the Social Venture Challenge which they got a $10,000 scholarship from to share with four students. We’ve qualified for nationals the past three years,” said Mr. Wooten.

There’s nothing I would trade for the experiences and opportunities I have been given in this program. Starting our own business has taught me to appreciate all the details and hard work that is often overseen in the development of a company

— Bailey Van Blarcom

At the moment, San Juan Hills is the only school in CAPOUSD that has a Virtual Enterprise program. Without a doubt, the class provides a unique opportunity for students to discover or pursue their interests in the realm of business while learning a lot and making meaningful memories.

“My favorite memories stem from the competitions and trade shows we have attended. Traveling to trade shows in Bakersfield and New York to compete against other high schools is an experience I will never forget,” said Gugliuzza.

The students are looking forward to their new competition in New York where they hope to have hard earned success and make more memories in the program.  

“It’s a mixture of excitement, stress, and pride. There’s nothing I would trade for the experiences and opportunities I have been given in this program. Starting our own business has taught me to appreciate all the details and hard work that is often overseen in the development of a company. In Virtual Enterprise, I have seen first-hand the work that goes into everything from picking fonts and designing logos to filing corporate documents and finance balance sheets, and I have loved learning it all,” said “Everlasting” Chief Marketing Officer, senior Bailey Van Blarcom.

Visit the San Juan Hills Virtual Enterprise site or @sjh_business_program on Instagram for updates on how they score in their national competition this spring break.

Your donation will support the student journalists of San Juan Hills High School. Your contribution will allow us to cover our annual website hosting costs.

Photo of Sydney Wolfe

Sydney is a senior at San Juan Hills entering her third year in The Express. When Sydney isn’t volunteering or playing tennis, you will most likely find...

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Baron News

Virtual Enterprise’s Business Plan team qualifies for state competition

virtual enterprise business plan 2022

By Vivian Le, Arts & Entertainment Editor 

On Monday, Dec. 11, Virtual Enterprise’s (VE) Business Plan team, consisting of seniors Colin McGlinchey, Monique Nguyen, Chloe Dinh, Cole Spalter and junior Vivian Le, traveled to the Orange County Department of Education (OCDE) to present an overlook of their company Grow N’ Go to a panel of judges.

VE firms were to prepare a presentation regarding the following: marketing plan, financial plan, work environment and overall company. The team was graded on their opening statement, oral presentation, presentation design and ability to answer arbitrary questions.

“Before [the presentations], I was anxious since I kept messing up during rehearsal and practice sessions. But after taking a walk outside and relaxing myself, I felt more confident and did well at the presentation,” said Dinh, Co-Director of Marketing.

Their first presentation at 8:30 a.m. was judged by former Fountain Valley VE student, Carson Capanash and Ranjit Mayadas, while their second presentation which took place at 9 a.m. with judges Kepley DePalma and Joni Fultom.

“It was a bit nerve wracking since this was regional and would determine whether we would make state or not so I definitely felt a lot of pressure to do well, especially since I was representing the marketing branch of the company,” said Dinh.

On Dec. 12, Chief Financial Officer (CFO) Spalter received an email from VE Southern California Regional Director, Teri Jones congratulating the company for reaching the top 42 firms and qualifying for the State Business Plan Competition in Bakersfield.

“Within the next few weeks leading up to Bakersfield, I plan on improving the company environment. I’m grateful that we are a very close knit company and all of us are close friends; however, this leads to the line between friendship and professionalism to become blurry, so our company can get disorganized and people go off task. I think with a slight nudge in the right direction, and the right amount of encouragement and preparation, we will be successful at Bakersfield,” said Chief Operating Officer (COO) Nguyen.

On Dec. 17, Jones sent the official score sheet for the company to review and base their revisions off of. Grow N’ Go received a total score of 82.000.

“When I saw the results I was very happy for our team, but no surprised. Our team put in the effort to get this result through hours of planning and presenting. I’m proud of us for putting in the work, and I’m glad that our results reflect that,” said Spalter.

FVHS students can support VE on their trip to Bakersfield by attending their Chiptole fundraiser on Thurs. Dec. 21 from 5 p.m. to 9 p.m. and mention “Virtual Enterprise.”  

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Lawrence High School Virtual Enterprise Class

Lawrence high school virtual enterprise class advances to round 2 of the long island virtual enterprise business plan competition, jake mendlinger , community contributor.

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LAWRENCE, NEW YORK (February 2022)—Congratulations to the Lawrence High School Virtual Enterprise Class, Tornado Watch, on advancing to round two of the Long Island Virtual Enterprise Business Plan Competition! This is the first time in the history of the program that the class has advanced to the semifinals.

Virtual Enterprise is an educational nonprofit, training students with real-life work experience that prepares them for future careers. Students are able to develop essential skills such as leadership as well as gain an understanding of functional and core technology with Virtual Enterprise’s immersive, work-based learning experiences. At Lawrence High School, Virtual Enterprise is a highly sought-after program open to juniors and seniors. In order to qualify for the class, students need to have successfully completed at least one business elective and have permission from the instructor. Once the class begins in the fall, students apply and interview for positions that include CEO, COO, CFO, or a position within the accounting, informational technology, marketing, research and development, sales, or social media departments. Students will also complete a W-4 form as part of the experience.

“This was a great accomplishment as Tornado Watch, a cybersecurity company, competed against 110 firms in round one,” said Principal Dr. Jennifer Lagnado-Papp. “I am incredibly proud of our Virtual Enterprise students. Their hard work and perseverance paid off!”

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A typical day for the Virtual Enterprise students involves monitoring the firm’s online bank account, social media activity, and email. students also record and post business transactions each day, create financial statements and close the books each month using Google Sheets. The marketing department creates seasonal promotions which can be viewed on their social media and company website. Students may elect to receive college credit from Long Island University and Farmingdale State College based on successful completion of the class. Students learn how to start and run a business and receive a virtual paycheck each month, which is deposited into an online personal bank account. Students purchase products and services from other firms in the program, learn how to budget disposable income, and will complete their own W-2 forms and 1040 tax forms in March.

“I am very proud of the students’ hard work,” said Mr. Mark Palladino, Lawrence High School Virtual Enterprise teacher. “They put a lot of time, energy, creativity, and research into their business plan presentation while completing their daily responsibilities. We are looking forward to competing in the next round.”

Lawrence High School students, Xian Scott, CEO of Tornado Watch, Jeni Pomper, COO of Tornado Watch, and Ilia Urgen, CFO of Tornado will compete virtually on Tuesday, February 15, 2022.

For more information about the Lawrence Union Free School District and the latest District news, please visit www.lawrence.org .

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    Virtual Enterprise 1: Creating an Online Business COURSE OUTLINE - UC DESCRIPTION: Virtual Enterprise 1 provides a background in business concepts including the role of entrepreneurial businesses in the United States and their impact on the local, regional, national and global economy.

  7. 30 Emerging Technologies That Will Guide Your Business Decisions

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  8. VE 2022-2023

    At CTEC, 9 local high schools with Virtual Enterprise (VE) Business Plan teams attended Kern County's Western Regional Rounds Business Plan competition on Wednesday, December 9, 2022. The Business Plan Competition challenges VE students to demonstrate their business expertise through written submissions and oral presentations.

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  10. Nüapps at the NYC Finals for the Virtual Enterprise business plan

    Nüapps at the NYC Finals for the Virtual Enterprise business plan competition. 2022-2023

  11. National Business Plan Competition

    Competition Overview The National Business Plan Competition showcases some of the best and brightest student leaders and budding entrepreneurs in the country. Teams representing 41 VE companies from around the country will have their written business plans and oral presentations judged by industry professionals.

  12. Virtual Enterprise Ranks Third in Nation For Business and Finance

    Courtesy of Rachel Warner. Virtual Enterprise's Tronic Bikes business plan team share smiles after being ranked third in the country. Kaitlyn Kittredge, Feature EditorApril 26, 2022. Out of over 1,000 competitors, Virtual Enterprise's business and finance team placed third in the nation at the Spring Break competition in New York City.

  13. Lawrence High School Virtual Enterprise Class Advances to Round 2 of

    LAWRENCE, NEW YORK (February 2022)— Congratulations to the Lawrence High School Virtual Enterprise Class, Tornado Watch, on advancing to round two of the Long Island Virtual Enterprise Business Plan Competition! This is the first time in the history of the program that the class has advanced to the semifinals.

  14. Irvine High School's Virtual Enterprise Team Success at NYC Competition

    Hayley Berbower. April 20, 2022. Irvine High School's Virtual Enterprise team placed among the top 18 teams in the country during the Virtual Enterprise National Business Plan competition recently held in New York City. Virtual enterprise courses encourage budding entrepreneurs to create and run their own mock companies.

  15. MVHS VIRTUAL ENTERPRISE

    The MVHS Virtual Enterprise program once again performed extremely well at the State competition in Bakersfield. For the 9th consecutive year, we have placed a team in the National Business Plan competition in New York City! The Business Plan team from "ReVision" took 2nd place in the highly competitive State Business Plan Competition and ...

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  17. Bakersfield High gears up for more Virtual Enterprise success

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  18. Virtual Enterprise Wins State, Off to NYC

    We pitch business ideas, create a virtual company, draft our business plan, marketing plan, present elevator pitches, and compete against other virtual companies through trade shows," said "Everlasting" CEO, senior Sam Gugliuzza. The two Virtual Enterprise classes this year created the firms Everlasting and Tronic Bikes. The products ...

  19. Virtual Enterprise's Business Plan team qualifies for state competition

    By Vivian Le, Arts & Entertainment Editor. On Monday, Dec. 11, Virtual Enterprise's (VE) Business Plan team, consisting of seniors Colin McGlinchey, Monique Nguyen, Chloe Dinh, Cole Spalter and junior Vivian Le, traveled to the Orange County Department of Education (OCDE) to present an overlook of their company Grow N' Go to a panel of judges.

  20. Lawrence High School Virtual Enterprise Class

    Lawrence High School Virtual Enterprise Class Advances to Round 2 of the Long Island Virtual Enterprise Business Plan Competition Jake Mendlinger , Community Contributor Posted Tue, Feb 8, 2022 at ...