Utah youth entrepreneur students get chance to present ideas to
SANDY, Utah (ABC4 News) Several Utah students are getting a chance to present their own business ideas and during the annual Investor Panel Shark Tank Event being held at Living Planet Aquarium in Sandy.
The students are all part of the Sandy Area Chamber of Commerce Young Entrepreneurs Academy. Two of those students sat down with ABC4’s Glen Mills to talk about the upcoming events.
Madelyn Clawson, 16, a junior at Brighton High School and Willow Sutton, 11, who is home-schooled within the Granite School District, are participants with the Academy.
Madelyn has been a member of the Academy for five months and says the way Young Entrepreneurs is set up is kids can go in with a business idea and they teach you all the steps to make it happen. “We’ve learned how to write business plans, contact people that can help us with our financials and things like that,” Madelyn said. “It’s awesome in turning the idea into a real thing.”
Willow said the experience has been stressful but exciting. “It’s not just a regular business class. It will help you launch the business,” Willow said. “As someone who goes in as a fresh start and ends up being an expert as a business person.”
Madelyn’s idea began as an established window washing business she started with her siblings. “I’ve kind of developed it into how I can expand it to bring on employees and bring in more money and get the word out there” Madelyn said.
Willow’s idea is a kitchen product she calls the helping hand.“It is a smart kitchen timer that will help you step away from the kitchen,” Willow said. “What it does is it uses infrared scanning and program settings to accurately tell you when your food is done. For someone who is constantly busy walking around, not being able to constantly watch their food.”
Willow says what motivates her the most is that it is actually happening. “I am going to be able to have a business at such a young age,” Willow said. “I am going to be able to do something irregular with my life.”
For Madelyn, the prospect of having to pay for college and having a part time job that only pays minimum wage was her motivation. “I examined that and said I can do so much more,” Willow said.
Both girls will be taking their ideas to a panel of investors with Shark Tank who will be coming to Living Planet Aquarium.
Madelyn will be presenting her business idea with other Sandy area students on March 28 and Willow, along with other Granite District students will present their ideas on April 6. Both events start at 5:30 p.m. in front of the shark tanks at the Aquarium and are open to the public.
ABC4’s Don Hudson will be this year’s emcee for both events.
To find out more about the Sandy Area Chamber Young Entrepreneurs Academy you can visit www.sandychamberyea.com.