On Sunday, April 9th, Breakthrough's 2017 Entrepreneurship Class brought five teams to participate in the High School Business Plan Competition sponsored by Project Echo at UCLA.
Project Echo is a non-profit organization formed in 1996 to provide at-risk students with vocational skills and entrepreneurship training and experience but has since expanded to include students from diverse academic and socioeconomic backgrounds. The annual Business Plan Competition is held at UCLA Anderson School of Management. The students pitch ideas which includes their R&D, financial analysis, industry surveillance, and marketing in three categories of food and beverage, retail, or technology. Executive level volunteer judges evaluate the teams and award cash prizes. Our teams have been preparing since November, learning the skills necessary to effectively develop a business idea. Our team business plans included a nut smoothie company, a trip planning application, an e-waste management company, a virtual reality social anxiety solution, and a crowd sourced live streaming video platform. All our teams had a very edifying and fun time pitching their ideas and being able to participate and watch other teams. We're proud to announce that among the winners were Breakthrough's own KALEIDE made up of seniors Ria Wang, Randy Deng, and Andrew Chou! The trio took 2nd place in the Technology category for their crowdsourced streaming platform. For more on Project Echo, click here. For more on our Entrepreneurship and other programs, click here.
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