LITTLE ROCK, AR. — Central Arkansas high school students will be “CEOs” for the day while competing in the Junior Achievement of Arkansas, Inc. AT&T Youth Business Challenge on Saturday, November 16th, at the University of Arkansas at Little Rock College of Business. This is the first competition of its kind in Arkansas. Central Arkansas high schools participating in the competition include Bauxite, Benton, Bryant, Central Arkansas Christian, Central, Episcopal Collegiate, eStem, Hall, JA Fair, Little Rock Christian, Maumelle, McClellan, Mount Saint Mary, Pulaski Academy, Joe T. Robinson and Sylvan Hills.
Teams of four students from each of the 16 high schools will test their knowledge of running a virtual business using JA Titan, a computer business simulation. Students competing in the business strategy tournament will make business decisions regarding price, production, marketing, capital investment, and research and development. Teams will be competing for $10,000 in scholarships for post-secondary education and computer tablets and mobile devices from AT&T.
“AT&T is committed to providing college and career readiness opportunities for students and we’re thrilled to be a part of this new project with JA of Arkansas,” said Steve Gray, vice president and general manager of AT&T Arkansas and Oklahoma. “These young people are not only going to have a tremendous real-world learning opportunity, they are also going to have a shot at some significant scholarship funds.”
The event will be held Saturday, November 16th, 9:00 a.m. to 1:00 p.m. The competition will be hosted at the UALR College of Business. In addition to the competition, students will have an opportunity to interact with local business leaders though a panel discussion moderated by Roby Brock of Talk Business.
Prior to the competition, a volunteer from the Central Arkansas business community will lead a classroom of students at participating school through the JA Titan program. JA Titan introduces critical economics and management decisions through an interactive computers simulation. Students will lead a company called Titan while entering decisions on price and production, marketing, capital investment, research and development, and charitable giving. Through this experience, students will also be introduced to business concepts such as teamwork, critical thinking, strategy development, and learn first-hand how business decisions affect the profitability and sustainability of their virtual company.
Through programs offered by Junior Achievement (JA), young people are given the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. Corporate and community volunteers deliver relevant, hands-on experiences in work readiness, financial literacy and entrepreneurship to students from kindergarten through high school. JA programs empower students to make a connection between what they learn in school and how it can be applied in the real world.
Today, Junior Achievement reaches over 13,000 students per year across Arkansas through a volunteer network of over 500. Limited space is available for the AT&T Youth Business Challenge. The deadline for program implementation is August 30th. Schools may opt to enter the competition only. All submissions must be received no later than September 30th to ensure placement. Sponsorship opportunities are available. For more information on how you can get involved, call 501.280.9118 or visit www.jaark.org. You may follow JA of Arkansas on Facebook at JuniorAchievementArkansas and Twitter at @jaarkansas.