Teams of students from five high schools will compete in the Wilkes University Entrepreneurial Experience on Nov. 27. Patterned after ABC’s hit show Shark Tank, the competition focuses on students from each team presenting business plans to a panel of judges. Each judge has up to $100,000 each to invest. Judges may choose to “invest” in whichever teams they see fit, and the team with the most investments wins. Participating high schools include Pittston Area High School, Wyoming Valley West High School, Tunkhannock Area High School, North Pocono High School and Montrose Area High School.
The prize for the winning team is $40,000 in scholarships to Wilkes. Each student on the winning team will be awarded scholarships of $1,000 per year, for four years at Wilkes University. Wilkes students from Enactus (formerly SIFE) have visited each of the high schools to help the students prepare for the competition.
The business plan presentations will be held at Wilkes University in the Henry Student Center ballroom, beginning at 12:15 p.m. The awards will be presented at 1:15 p.m.
For more information, call Vicki Mayk, associate director of public relations, at 570-466-5532.