Neighbor News
2018 YIBI Youth Business Pitch Winter Semifinal
YIBI is an organization based in the Bay Area devoted to providing youth with an experience of business participation in the real world
Youth International Business Initiative, also known as YIBI, hosted a Business Start-up Semi-finals Competition today, April 7, 2018 at Ohlone College Fremont. In this competition, 20 young students from around the Bay Area pitched their business proposals to a panel of judges who are veteran business leaders. These youth have worked on and refined their start-up business proposals throughout the
week of YIBI’s Spring Youth Business Leadership Training program.
YIBI is a community non-profit organization that provides youth opportunities to conceptualize their business ideas, to experience pitching business models to adults, and to develop leadership and project management skills. YIBI members also have the opportunity to tour established business corporations, attend leadership seminars, and participate in business start-up competitions. They learn valuable skills and build treasured memories with fellow YIBI members during these meetings and events.
During YIBI’s spring business program, 4 teams composed of 7th to 12th graders spent days working on their business pitch. At this end, these teams put together a presentation that is similar to a formal actual business plan for starting a brand new business. The students looked at financial, technical, social, and legal aspects of starting a real-world business. In each of the Winter Business Camp day, students listened to a distinguished guest speaker from different business sectors presenting a certain aspect of the business world. Then, students integrated what they have learned, and incorporated newly learned concepts into their business presentation. Students would make their business start-up presentation to their camp peers daily and receive constructive criticism as well as positive feedbacks. Each team would then spend hours adding contents to their presentation and improving on their sales pitch in this team platform.
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The semi-finals competition event held today representing every team’s efforts came to fruition. This event allows YIBI’s young future entrepreneurs to dip their toes in the real business planning, experiencing for themselves what pitching a brand new business proposal is like. This is an exciting and noteworthy event
that will certainly be memorable for these young participants for years to come.
Congratulations to two winning teams Mira-Watch and Foodiez, who will be advancing to the YIBI finals competition in summer!
