Celebrating Arkansas’s Future Entrepreneurs Since 2006!
Arkansas Capital launched the Youth Entrepreneur Showcase (Y.E.S.) for Arkansas business plan competition in 2006 through its Arkansas Economic Acceleration Foundation (AEAF) to introduce young Arkansans in grades 5-8 to the potential and opportunities of entrepreneurship.
Since the first competition in May 2006, nearly 7,100 students and teachers have competed for more than $73,000 in cash awards, trophies, and medals.
Teachers say that students who compete in Y.E.S. are engaged in a true, project-based learning activity that is at the same time a real-world experience in creating a business plan. Students work in teams to think of a business idea that could make money, which also encourages them to think about innovation and what their futures could be. Here’s more about the benefits of Y.E.S. to teachers and students alike:
In the preliminary round of the Y.E.S. competition, more than 70 business professionals from across Arkansas serve as volunteer judges to read and score the plans. The Top 25 finalists are invited to Park Plaza in Little Rock for the final round of the competition, Y.E.S. for Arkansas Expo Day, to set up booths to showcase their business ideas and interact with a team of new volunteer judges as well as mall patrons. Expo Day concludes with an awards ceremony where 1st – 4th place winners in four categories: Best Business Plan, Most Innovative Idea, Best Marketing Piece, and Best Retail Booth.
There is no cost to enter the Y.E.S. competition, managed by AEAF through Startup Compete. Competitors must have a Startup Compete account to begin. See “How to Create Startup Compete Accounts” for instructions.
Teams planning to compete need to submit their Intents to Compete by 5:00 p.m. Friday, October 28, 2016. Business plans are due by 5:00 p.m. Thursday, November 10. Good luck!