McKee Kicks Off 2019 Entrepreneurship Challenge on GoLocal LIVE
Wednesday, February 20, 2019
Lt. Governor Daniel McKee joined GoLocal LIVE to announce the launch of Rhode Island’s second annual Lt. Governor’s Entrepreneurship Challenge, a business pitch competition that encourages high school students to compete for $10,000 in post-secondary scholarships.
He joined GoLocal’s News Editor Kate Nagle and discussed how during the first year over 55 students from 18 schools across Rhode Island participated and 10 student finalists received a share of $9,000 in scholarships. Rhode Island students in grades 9-12 can enter the 2019 Challenge by submitting written business plans to the Lt. Governor’s Office by Thursday, April 11.
The top five students or student teams will advance to a live business pitch competition at the New England Institute of Technology in May where a panel of judges will award scholarships based on pitch scores. Students can apply and find detailed guidelines for the Challenge at www.rilgec.com.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTLast year, Sree Dasari, a senior at La Salle Academy, won first prize in McKee's inaugural Entrepreneurship Challenge. She is applying virtual reality technology to those that have anxiety in public speaking.
"I really like coming up with a project and seeing it grow," she said. "I've taken an abstract idea and turned it into a reality."
Her idea won her a one-time $4,000 scholarship.
The Challenge is sponsored by the Credit Unions of Rhode Island. Millennial Rhode Island, a local network of young professionals, is the program partner and fiscal agent for the Challenge.
The Lt. Governor’s Entrepreneurship Challenge is the only statewide business pitch competition designed specifically for high school students.
“It all starts with a single idea—that is the motto of the Lt. Governor’s Entrepreneurship Challenge. I want to encourage young people in our state to be bold and think big when it comes to business. This year, our team hopes to reach more entrepreneurial-minded students and make it clear: We want and need their talent here in Rhode Island,” said McKee.
McKee modeled this program after the Kentucky Lt. Governor’s Entrepreneurship Challenge, an initiative he learned about during his time as Chair of the National Lieutenant Governors Association.
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