Are you a parent, uncle or aunt of a high school student? Do you have friends who have teenagers? Or are you a high school student yourself?
If yes, here’s an opportunity you’ll want to partake in or share. It’s called the Blue Ocean High School Entrepreneurship Competition – now the largest virtual high school entrepreneurship competition in the world.
Here high school students get a chance to polish their pitching skills, earn cash prizes, and build their resumes all for free.
Did you know that 66% of young people want to start their own business? But only 45% of new businesses survive after 5 years, and only 16 % survive after 10 years. At the same time, while small and medium businesses represent 98% of all businesses in the US, they generate only 45% of US GDP. Let’s put it all together: Young people want to start businesses, but not only do most new businesses fail, most never grow.
That is why, in 2014, the Blue Ocean High School Entrepreneurship Competition was started – for high school students to avoid becoming part of these statistics. The competition gives high school students the opportunity to learn to create a business and a pitch that will take them from bloody competition to a blue ocean of new market space.
As a result of its success, today The Blue Ocean Entrepreneurship Competition is the largest virtual high school entrepreneurship competition in the world with students this past year coming from 26 US states and 8 other countries. Students think in a blue ocean way to create ideas, make 3-minute video pitches outlining their innovative business concepts, join a community of like-minded students, and compete for thousands in cash prizes. Experienced entrepreneurs judge the students’ pitch ideas.
Last year, the winner, Soham Joshi from Columbus Academy in Ohio, presented his creation, Acqua Aeri, a product that can harness the humidity in the environment to deal with water shortage in cities like Cape Town, Mexico City, Melbourne and Sao Paulo where millions of households suffer from water scarcity.
Sidney Hough from Saratoga High School, CA, the 2018 second prize winner, created Dumplings, a minimalistic, crowd-sourcing app that gives people the opportunity to share bite-sized personal stories anonymously and effortlessly to inspire others and show them that they are not alone in their struggles.
Another team, coming from Denmark, created Illionair, a pacifier for children 0-3 years old that can reduce or eliminate harmful air pollution, which causes the death of 600.000 children per year.
High School students, join the competition! Learn how you can put your business ideas into practice. It’s easy, fun, a great learning experience and a boost to your resume.
Do you know any hard-working high school students that hold themselves to high standards? That want to go to great college? That want to do something impressive and add something powerful to their resume and potentially earn prize money in the process?
Tell them about the Blue Ocean Entrepreneurship Competition! It doesn’t matter where they live. It doesn’t cost anything to enter. All they need, or you need, is imaginative ideas, and a cell phone to film your pitch. And it’s fun!
We couldn’t be more excited for this year’s competition!
The deadline for registering for the 2019-2020 competition is January 17 2020 at 8:00 PM Eastern time.
With the amazing participation from students, high school teachers are now also getting involved, integrating the competition in their curriculum. The competition serves as a fantastic forum for inspiring blue ocean thinking and entrepreneurship among high school students and also provides them an opportunity to put their business ideas into practice.