WEST HARTFORD – Northwest Catholic High School kicked off its inaugural Vie for the Kids business competition on Feb. 26.
Fifty 12th-grade economics students will develop and execute business plans in the next weeks to deepen their understanding of business strategy and community development and responsibility. The proceeds will benefit the Clinical Trials Program at Connecticut Children’s Medical Center. The business plans will be presented March 14.
The teams will be guided through the process of developing a business plan, including the ideation phase that will lead to realizing each team’s project. Seed money will serve as an investment for each team to help get ideas off the ground.
Along the way, seven teams will have an adult mentor to help position them for success as they launch their ideas into action. The program is designed to demonstrate to students how they can build and execute a successful business plan while realizing the importance of helping others at the same time.
“Innovative, experiential learning is a big part of the Northwest Catholic student experience and a cornerstone of our LEADS curriculum, and this is a great example of real-world experience created within our curriculum,” said David Eustis, president and chief administrator.
He called the school’s partnership with Vie for the Kids “fantastic,” adding that the school community is happy to help children battling cancer at the Connecticut Children’s Medical Center.
Winners will be selected by the panel of business leaders and entrepreneurs in early May. The criteria for success will be weighted with three factors: creativity, collaboration and actual revenue results. Business plan presentations are scheduled for March 14; students will execute their plans from March 15 through May 10.
Vie for the Kids is an annual fund-raising effort developed by vie, a Simsbury-based national company that focuses on sales force excellence. Vie for the Kids mission is to fund cancer clinical trials treatment and research at Connecticut Children’s Medical Center and to provide financial support for cancer patients and their families. Vie for the Kids is committed to ensuring that children continue to receive world-class care and treatment locally.