Youth Show Business Savvy at Second Annual Teen Biz Challenge
Española –More than 15 local students honed their business skills June 5 during the Española Valley Chamber of Commerce’s second Annual Teen Biz Challenge at Northern New Mexico College.
Five teams made up of students aged 9-19 pitched their business plans, which ranged from coffee and juice shops to motocross rentals for a chance to win $500 and compete in Taos’ Teen Biz Challenge. Last year’s winning team went on to win the regional event.
Teams were judged on criteria that included having a fully calculated financial plan, market analysis, and marketing plan as well as delivery of the pitch. Judges selected a winning team with the most feasible business model idea.
New Mexico Connections Academy Senior Maria Roybal, Los Alamos High School Freshman Amabilis Baca, and Española Valley High Sophomore Nataniel Baros led the winning team. Their business concept, “Ready, Set, Snap!” is part mobile camera shop, part café and would set up at popular tourist attractions.
“I’m entertaining the idea of becoming an entrepreneur,” Roybal said. “I’m thinking of going to college for my business degree.”
Participants also heard from presenters including Northern’s Small Business Development Center Coordinator Juliana Barbee, Val Alonzo of Century Bank, and Rio Arriba County Economic Development Director Chris Madrid. Daniel Garcia, events manager at Anthony’s at the Delta addressed students with advice about entrepreneurship and community development.
“This really is a collaborative effort within our community to uplift our young people,” Economic Development Director of LANL Community Programs Vangie Trujillo said.
Trujillo said sponsors are considering growing the challenge to a three-day event next year and possibly launching a winning student business in the future.
Organizers of the event wish to thank the Española Valley Chamber of Commerce, Los Alamos National Laboratory, Los Alamos National Security, Northern New Mexico College, Rio Arriba County, Century Bank, the City of Española, the Northern New Mexico Small Business Development center and all sponsors of the event.
Full photo album available here: https://www.facebook.com/media/set/?set=a.10152831425967791.1073741919.105488797790&type=1&l=a632f61e41