High school students from Southern California took first and second place in a national competition in which students had to design and pitch a product of their own.
The National Youth Entrepreneurship Challenge, held in New York earlier this month, featured 28 students from around the country, who are among the 15,000 students who take part in the Network for Teaching Entrepreneurship programs in schools nationwide. The students, who come from economically disadvantaged backgrounds, had to create a product that was socially conscious and develop a business plan and elevator pitch to go along with it.
Hayley Hoverter, of Downtown Magnets High School in Los Angeles, took first place with her idea for dissolvable sugar packets to reduce waste called Sweet (dis)SOLVE.
The idea was spurred by the Japanese candies she ate when she was younger that were wrapped in rice paper that would melt in her mouth.
Her prize includes $10,000 to use for her business or education, plus a $5,000 college scholarship and a $5,000 investment from the founder and chief executive of FUBU -- a clothing company. Two of the judges pledged a $5,000 investment.
She was also offered marketing support for her product and an introduction to executives with Whole Foods.
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