Virtual Enterprisers Grab Top Honors

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Two students enrolled in Syosset High School’s Virtual Enterprise course finished in the top 10 in the Elevator Pitch competition at the Virtual Enterprise International Business and Entrepreneurial Leadership Conference recently held at LIU Post. This included second-place honors out of 74 competing VE businesses.
VE students take on the roles of business professionals and create a workplace environment in the classroom. They brainstorm ideas for a product, service or marketable concept, then establish their company by submitting resumes and cover letters to hopefully land an interview for different positions, including the CEO.   
Through their participation in the program, each class becomes part of a global online network of student-run businesses that subscribe to VE in over 40 countries and participate in multiple competitions. In its first year in the program, students from four Syosset VE classes attended the conference, with one student designated to make the pitch on behalf of their class/company for the competition.  
Congratulations to Syosset High School junior Aaron Rosenfeld, head of sales for Flip Chip, the mock business created in Matthew Fiasconaro’s VE class. Aaron won second-place and $500 to be placed back into the business for his elevator pitch of Flip Chip and its line of all-natural, environmentally sustainable, uniquely curved and tasty potato chips.
Andrew Goldman of Nice Pops is congratulated for finishing in ninth place in the competition for his pitch to sell these all-natural, non-genetically modified organism frozen desserts. The company was created in Jason Muller’s VE class and earmarks proceeds from every sale to charities such as Stand Up to Cancer and the Wounded Warrior Project.

The two other Syosset VE companies are ARE - Alternate Reality Entertainment, a company that provides customers with headsets to take part in virtual reality games and experiences; and AAA Turbo Tech, which provides smart technology products for the office or individual. These companies are represented by Kathleen Goldin’s and Glenn Baumann’s classes, respectively.
VE students develop a genuine understanding of how a business is run and marketed while gaining expertise in problem-solving, decision-making, communication, collaboration, technology, and accessing, using and analyzing information.
“Students are applying concepts they learned in business, art, English, math, social studies and science through the real-world practice of running a business,” said Fiasconaro, who took his students on a field trip to a potato chip factory in Mattituck, where they learned firsthand about their industry. “It is amazing to witness them grow and develop skills they are sure to use in the future.”
In addition to the pitch competition at the conference, students listened to a keynote address delivered by a senior vice president/chief marketing officer from a major sports and entertainment company and participated in one of three panel discussions on sports marketing, the fashion industry or entrepreneurship. Future conferences and competitions are being planned.