FRANKFORT, Ky. (April 19, 2018) — Lt. Gov. Jenean Hampton presided over five regional competitions across the commonwealth April 9-13 at the 2nd annual Lt. Gov.’s Entrepreneurship Challenge (LGEC), a pitch competition for Kentucky students, grades 9-12.
Since its start in 2016, the LGEC has sparked creativity in over 1,400 Kentucky high school students, inspiring them to learn the mechanics of starting their own business. Along the way, they develop entrepreneurial skills in R&D, market analysis, SWOT, presentation, and teamwork.
LGEC participants are judged by volunteers with business expertise on four components which include a written business plan, an oral presentation (pitch), a marketing video, and a marketing tabletop display. These component scores are then totaled for an overall score to determine the top two winners in each region.
Hosting this year’s regional competitions were Western Kentucky Community & Technical College, University of Louisville, Asbury University, Union College and Owensboro Community and Technical College. Each host school also generously provided their own scholarships/special prizes, and opportunities for students to tour their campus.
Advancing to the final competition at UK’s Gatton School of Business on April 28, 2018 are:
• Bluegrass VR from Marshall County High
• GCAN from Trigg County High School
• The Helping Tree from Bullitt Central High School
• BluSpark from Christian Academy of Louisville
• Go Green Shoes from Russell High School
• MakerTech Solutions from Highlands High School
• Hubana from North Laurel High School
• Plug N Pull from North Laurel High School
• Mi Favorite Things from Barren County High School
• I.R.M.A.N. from South Warren High School
Scholarships totaling $100,000, for use at any Kentucky-based post-secondary institution, will be divided between the top team and teams in 2nd, 3rd and 4th place.
For more information on the LGEC please visit www.kylgec.com.