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Sandy Journal

Sandy Chamber Corner

Jun 26, 2015 11:16AM ● By City Journals Staff

Ribbon cutting for K1 Speed.

Sandy Chamber Young Entrepreneurs Academy Recap

The Young Entrepreneurs Academy (YEA) is an after-school program for 11-18 year old students to learn how to build a business. This is not vocational training, but real-world experience as the students’ build a full formed and functioning business. Through a six-month course, these students choose to form a business with a business partner, go on field trips and have guest speakers, and mentored by business professionals in the community. 

The first part of the program focuses on idea generation and business partner selection. It is also a time to excite the students about business. This process includes going on multiple field trips to introduce the students to multiple types of businesses and how they operate. 

Once the business ideas and partners have been selected, the program moves on to developing the student’s business ideas. Guest speakers and diverse field trips allow the students to continue developing their products and ideas and prepare them for the Investor Panel Shark Tank Event. 

A highlight of the program is the Investor Panel event where the students pitch their polished business plans to 10 investors for real funding. At the end of the program, the students launch their businesses and graduate as CEOs. After the students are awarded their funding, students create a timeline to launch their business. 

If you would like to be a student of the 2015-2016 Sandy Chamber Young Entrepreneurs Academy, call 801-727-4504 or apply on www.SandyChamber.com.

Ribbon Cutting For K1 Speed

The Sandy Area Chamber of Commerce welcomed K1 Speed (see photo at top) to the Sandy Area on June 17th. K1 Speed is located at 725 E 10600 S, Sandy, UT 84094. K1 Speed offers an indoor race track with electric karts.