May 04, 2018 06:40 AM
More than 75 student CEOs are competing for a big deal as part of the Young Entrepreneurs Academy, giving kids a chance to become business owners.
It is a Shark Tank type of competition. A panel of investors will decide if a student's idea is good enough to get $150,000 to start up.
14-year-old Jackson Ciocca is one of those competing. He loves baseball so he turned it into a business.
“The Autograph Co. provides consumers with a kit containing everything they need to go to baseball game and get their favorite players autograph without the hassle of buying everything individually,” Ciocca said.
For $20 dollars this eighth grader sells a baseball, permanent marker, and a case for keeping your baseball safe. Ciocca learned the art of crafting a business through YEA! which is a program for kids to learn what it takes to lead a company.
“Most importantly I learned how to pitch my product to investors for actual funding,” Ciocca added.
He earned $650 through investors and now he is putting his skills to the test again. This time he is going up against more than 70 other students from across the country.
Ciocca is hopeful but even if he does not come out on top, he is already well on his way.
“The Rochester Red Wings have expressed interest in my product,” Ciocca said. “I met with their head of corporate development.”
The competition is happening at the RIT Saunders Business School.
Updated: May 04, 2018 06:40 AM
Created: May 04, 2018 06:30 AM
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