2024 FORD COUNTY YOUTH ENTREPRENEURSHIP COMPETITION

2022 YEC Winners!

Date: 11/12/24

Location: Dodge City Community College Little Theater 2501 N. 14th Avenue, Dodge City, KS 67801

Requirements: Executive Summary & 4-Minute Formal Presentation

Cash Prizes: 1st Place: $1,500

2nd Place:$1,000

3rd Place: $500

Participants: Must be in grades 7 -12 in Ford County. Individuals or groups (4 person max)

The online portal contains resources to help you with your executive summary and formal presentation. If you need help with your executive summary or formal presentation, business mentors are available upon request, contact Mollea for a list. The winner of the local competition is automatically qualified for the state competition at Kansas State University.

HOW TO REGISTER

  • Click on Join this Competition

  • Create a Login

  • GoVentureDash.com

  • Click on Competitions

  • Search for Ford County Youth Entrepreneurship Competition 2024

EXECUTIVE SUMMARY

Judging Criteria:

  • Market opportunity–30%: Size-able market need presented, with the ability and plan to capture it.

  • Business Model–30%: Company has a viable plan to grow a profitable business.

  • Management Capability–20%: Founder/team demonstrates the ability to effectively grow the company.

  • Product / Service Offering–20%: Customer-focused solution with a clear value proposition.

Format:

  • No longer than three pages

  • At least 10 point font

  • At least .75” margins on all four sides

  • Must be submitted in PDF format





4 MINUTE FORMAL PRESENTATION

  • The business gets a maximum of four minutes for the presentation.

  • Timing begins when the presenter begins speaking.

  • Presenters must give the presentation live and in person.

  • Immediately following the presentation, judges will ask questions.

  • Audience members are not permitted to ask questions or to comment.

Judging Criteria

  • Business Overview: What is it, who occupies key roles (management/operations), what is your experience, what legal structure will you use, etc.?

  • Business Description: What product or service will you provide, where will your business exist, when will it happen, what funds will you need, etc.

  • Marketing: Market research including target market, is the market big enough to matter, how will you reach your market, potential growth, who is your competition, what promotion and advertising will you use, how did you choose your pricing strategy?

  • Financials: Project financial requirements, cash flow, projected income, etc.

  • Presentation: Poise, confidence, comprehension, ability to answer judges’ questions, proper attire for a business presentation, captures attention, is within time limits, etc.

  • Google Slides: Creative, neat, easy-to-understand, relates to your business, engages judges, etc.

  • Investable: Is it an idea that, based on the judges’ experience, makes them interested in investing in your company?

QUESTIONS

Contact: Mollea Wainscott, 620-371-3869 or molleaw@dodgedev.org

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