Monthly Archives: January 2012

Fall 2011 YEP Business Plan Competition Winners

Category : News

Winners of the Fall 2011 YEP Business Plan Competition were recently announced. The winning plans were submitted by Rosella Montes de Oca and De Angelo Williams.

Rosella Montes de Oca recently graduated from San Diego State University with a degree in Accounting and is currently pursuing a CPA license. Her business plan was for a bookkeeping and tax preparation services business called R & J Solutions.

De Angelo Williams, also a recent graduate from San Diego State University with a business degree, submitted a plan for a catering business. Mama Marie’s Catering, as he and his friend and proposed business partner Marie Maddox, an experienced chef, named it, would offer multiple types of traditional cultural cuisines.

Both Rosella and De Angelo plan on moving forward with their business ideas and will be taking advantage of the in-depth one-on-one business counseling made available to them as part of their prize package.

Mission Bay High School Shark Tank

Category : News

Mission Bay High School held its version of the popular reality TV series, Shark Tank, during two sessions on January 10th & 11th. The premise of the show is that budding entrepreneurs pitch their business ideas to a panel of wealthy business people, called “Sharks”, in hopes of securing an investment in their company. Mission Bay High School Business Teacher, David West, organized the event to provide his students with an opportunity to learn a real-life business lesson. Several local business professionals, including YEP Coordinator, Gabriel Reyes, were invited to play the Sharks. Mr. West’s students were paired up and given three weeks to come up with a business concept and basic business plan in preparation for the event. During the event, which was being taped and also broadcast live to the rest of the school, students were given five minutes to present their business idea and try to secure venture capital from the sharks in exchange for equity in their company.

The Sharks listened to 15 pitches from the students for businesses that included restaurants, daycare, clothing stores, solar panel installation, and a youth activity center. Some of the students walked away with investment offers, but all learned valuable business lessons in finance, marketing, and management through the questioning by the Sharks.