In the BizWorld project, students work in teams to form friendship bracelet companies by raising capital (not actual money, but in a scenario).
Current Version: April 23, 2014
People start businesses every day, but how do they succeed? In BizWorld, students will understand what it means to be an entrepreneur.
In the BizWorld project, students work in teams to form friendship bracelet companies. They raise capital (not actual money, but in a scenario) by pitching to venture capitalists and selling stock and/or by taking out bank loans. The teams travel through the entire entrepreneurial cycle of designing, manufacturing, marketing and selling their bracelets. The project culminates with the Sales Bazaar, at which students perform commercials they have created for an audience of schoolmates and community members, and sell their wares. Throughout the project, students maintain careful financial records, which help in the end to evaluate each company’s value.