The second business plan competition was held last Thursday at one of my schools. We had 15 groups participating and only 1 group could advance to the Regional Competition which will be held this Thursday (although supposedly a Tropical Storm is coming so we shall see what happens). The small event went well, and after about 3 hours of judging and another 45 minutes of deliberating, we had our winning team. It is hard to describe their product, but it can be best explained as a little cabin (used to decorate a house, or restaurant) made of cinnamon sticks or a box (covered in coffee beans and grounds) to served as a decoration and an air freshener. They will be trying to sell their product as a gift for corporate conferences, or decorations for restaurants. I am interested to see how far they will be able to take this product.
The rest of the groups (those that did not win) were mainly jewelry, decorations for houses, or products made of recycled materials. One group actually produced a bottle of wine made from grapes. It tasted pretty good, however their business was not very feasible considering the grapes cost about $4USD a pound and their wine was more expensive than a bottle from Chile here. Another notable product was the scorpions made from wire. They were pretty cute, and I bought one to serve as a souvenir of my time in Nicaragua (although I have only ever seen one), but it was small and I figure I can put it on my Christmas tree one day. Here are some pictures of the groups presenting their products.
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My Counterpart who is Sandinista, could you tell? |
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This picture frame is made from recycled paper... not wood! |
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My scorpion |
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Oh my gosh! A scorpion... oh thank goodness it's not real! |
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Interesting to see all the product ideas the students designed with such limited budgets. Love the baskets, are those made of paper, too, like the frames? Also, great acting job with the scorpion, if it wasn't for the caption, I would have thought it was real.
ReplyDeleteBest of luck with the Regional Competition!