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Academy for Global Commerce Students Placed First in National Business Plan Competition

Six Students in the Academy for Global Commerce showcased their entrepreneurial skills and innovative ideas leading them to emerge as the National Champions in the National Business Plan Competition for their company, elevATE, in the Virtual Enterprises International course. 

 

Garv Desai, Alexa Jativa, Ashwin Kathiresan, Haley Kosovitz, Priya Savani, Michelle Tripetsky, together with their class of 32 students, worked to determine their product, developed and executed a marketing strategy, participated in trade shows, engaged in online selling via their website, prepared and analyzed financial results, to run their company virtually in a network with other high schools worldwide.

 

Their company, elevATE, is a dietary-friendly inclusive and convenient lunch subscription box company whose delicious crATEs cater to all dietary needs and preferences. The 6 students who prepared and presented the business plan placed 1st for the national competition out of over 430 teams nationwide.

 

The competition not only provided a platform for students to showcase their business acumen but also fostered their creativity, critical thinking, and entrepreneurial spirit among the next generation of leaders.

 

Virtual Enterprises International (VE) offers students across the United States a program that provides authentic business experiences in the classroom. Through starting and managing businesses connected by a simulated banking system, students develop business acumen, financial literacy, an entrepreneurial mindset, and life-long skills valued by colleges and employers.

 

The Academy for Global Commerce, located at the Morris County School of Technology in Denville, focuses on Finance or Supply Chain Management, with all Academy students having exposure to the foundations of both, as well as the foundations of general business. The Finance concentration includes how to plan, manage and analyze the financial and monetary aspects and performance of business enterprises, banking institutions, or other organizations. Supply Chain Management includes developing the knowledge and management skills necessary to build and maintain an effective supply chain. This track includes, but is not limited to, instruction in project management, business decision-making, logistics, business ethics, continuous improvement strategies, sustainability, and creating and maintaining business relationships. In today’s world, commerce is inherently global; connected to and dependent upon international supply chains and financial institutions.

 

Morris County Vocational School District offers a wide range of career and technical education programs that inspire and prepare students to succeed in today’s world and pursue tomorrow’s opportunities. Programs range from auto service and construction trades to healthcare sciences, global commerce, performing arts and cybersecurity. The high school offers full-time academies and share-time programs on its Denville campus. In addition, through collaboration with local school districts and the County College of Morris, it offers full-time academies and share-time programs established at off-site satellite locations. To learn more, email Gina DiDomenico, MCVSD Student Recruitment & Community Relations, at didomenicog@mcvts.org or visit www.mcvts.org