WRITER: LESLIE DELAVAN
CONTACT: GEORGE MCCRORY
300 Plaza Centre One
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
Release: July 18, 2002
Local Students Learn About Business At Youth Entrepreneur Camp
week, 41 local elementary students learned what it's really like to start
a business at the Youth Entrepreneur Camp hosted by the John Pappajohn Entrepreneurial
Center (JPEC) at the University of Iowa.
From July 8-12, students in grades 4-6 from Iowa City, Coralville, North
Liberty and Cedar Rapids learned about entrepreneurship through classroom
and practical experience. They identified the basic skills required of entrepreneurs,
learned how to market a product or service, determined profit potential for
a new venture, and ended the week with a plan to start their own business.
"This is a great opportunity for kids to come and explore entrepreneurship
and see the possibilities for themselves at the age that they are at,"
said Dawn Bowlus, JPEC Youth Entrepreneurship Coordinator.
Highlights from the camp included a visit from award-winning ice cream creator
Paul Heyn, who spoke about his own experience as an entrepreneur and helped
the kids create and name their own original flavor of ice cream -- banana
mudslide. The students also met several entrepreneurs at Torus Technologies
and the UI's Technology Innovation Center.
The students were divided into different teams that worked to develop a
business plan throughout the week, and most of the teams plan to make their
business a reality.
Haley Broadie, Rachel Duncan, Ashwath Gunesekar, and Nicholas Meyer came
up with a business named "Patriotic People" that will sell handmade
flags, t-shirts, pins, and pens that support any country, state, or sports
Duncan said that their group got the idea for the business because each
of the members could contribute something. "I make little flags, Haley
knows how to make pins, and Ashwath and Nick can make t-shirts," she
said. "It might be hard to get everyone together to make things, but
I think it will work out."
Gunesekar, as well as several other students, already started his own business
before camp. He custom designs t-shirts and creates personal compact discs.
"I've already hired three people to work for me," he said. "I've
even been able to pay them."
"You really want to become an entrepreneur after you do this camp,"
Duncan said. "My mom's worried that I'm not going to go to college, but
I'm still going, just in case my business doesn't work out."
For more information about youth entrepreneurship programs at the University
of Iowa, contact Dawn Bowlus at the John Pappajohn Entrepreneurial Center
at (319) 335-0985 or email firstname.lastname@example.org.