News

Loudoun Chamber Foundation Hosts Virtual Young Entrepreneur’s Academy Investor Pitch with $5K Awarded to Student Entrepreneurs

FOR IMMEDIATE RELEASE
Tuesday, April 14, 2020
Contact: Andrea Winey
Director of Communications
awiney@loudounchamber.org
571-209-9034 office
 
Loudoun Chamber Foundation Hosts Virtual Young Entrepreneur’s Academy Investor Pitch with $5K Awarded to Student Entrepreneurs
 
Lansdowne, VA – The Loudoun Young Entrepreneurs Academy (YEA!) held its 4th Annual Investor Panel online on April 7th, when 22 local student entrepreneurs pitched their business plans to a panel of investors live via a virtual presentation platform.
 
Presented by the Loudoun Chamber Foundation, YEA! Loudoun is a 27-week program that teaches local middle and high school students how to develop, pitch and launch their very own small business. These student entrepreneurs competed for $5,000 in investment capital and the chance to represent Loudoun County at the YEA! National pitch event in Rochester, NY.
 
Similar to the hit show “Shark Tank,” the YEA! Loudoun students pitched their business plans to a panel of investors, who made the decisions on which students would receive investments to fund their business. This year’s YEA! Investor Panel included Alice Frazier of BCT, Chauvon McFadden of Crimson Wealth Strategies (both Loudoun Economic Development Authority members), Rebecca Ray of Wells Fargo, and Alison Rosen of SeKON.
 
The 2020 YEA! Loudoun Investor Panel winners are:
 
$1,500 - Vedha Navudu, Briar Woods High School
Bare Bag - a non-profit that distributes bags of hygiene necessities to women in prisons
 
$1,000 - Anisha Nanda, Freedom High School
Layered - a customizable dessert experience
 
$1,000 - Lauren Pitonyak, Riverside High School
Butterfly Board Games - board games designed for individuals with autism
 
$500 - Aarav Sharma, Independence High School
ReliAir - a portable air quality detector device
 
$500 - Ray Zhang, Lunsford Middle School
Pals-Plus - an interactive language website to match students and tutors to practice fluency in foreign languages

$500 - Deborah Olorunda, Trailside Middle School
EcoArt - an eco-friendly art kit
 
The Young Entrepreneurs Academy is presented by the Loudoun Chamber Foundation, in partnership with the Loudoun Economic Development Authority.
 
Applications are open for the Class of 2021 until June 12, 2020. Students can apply online, www.LoudounChamber.org/YEA.
 
The 2020 supporters for YEA! include Loudoun County Public Schools, Loudoun Youth, Inc., Loudoun Department of Economic Development, and the Mason Enterprise Center. Platinum Sponsors, Claude Moore Charitable Foundation, Wells Fargo; Investor Panel Sponsors, SeKON, PNC Bank; Scholarship Sponsors, Backflow Technology, Clarke-Hooke Corporation, Integrus Holdings, Inc., Modern Mechanical, REHAU, Northwest Federal Credit Union/Northwest Federal Credit Union Foundation; Graduation Sponsor, Stryker Spine; Design Sponsors, 37 Media & Marketing Group, Additional Corporation, Altered Edge, Conveyance Marketing Group, Gabriel Brown, Marie Boshoff, Mike Burns, and Paperfish Creative.
 
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