News

Loudoun’s student entrepreneurs pitch their businesses at 3rd Annual YEA! Investor Panel

Friday, March 22, 2019
FOR IMMEDIATE RELEASE
Contact: K.C. Repage
O (571) 209-9033

krepage@loudounchamber.org
 

Loudoun’s student entrepreneurs pitch their business ideas for money at 3rd Annual Young Entrepreneurs Academy’s Investor Panel
 
$5,000 in investment capital awarded to Loudoun’s Young Entrepreneurs
 
Lansdowne, VA – Just like in the hit TV Show Shark Tank, a group of student entrepreneurs pitched their business ideas for investment capital during the Young Entrepreneurs Academy! (YEA) Loudoun’s 3rd Annual Investor Panel event on March 19th.
 
The Loudoun Young Entrepreneurs Academy is an entrepreneurship training program that educates students on how to create, pitch, and launch their own businesses. Local business owners and leaders mentor the YEA middle and high school students to help them develop and launch their own business or nonprofit organization.
 
Students prepare for the investor panel over a six-month period. Each student was given three minutes to pitch their business in hopes of receiving an investment. Students demonstrated their well thought out business plans such as mission statements, marketing strategies, competitive analysis and financial reports to a panel of seven investors.
 
Twenty-three student entrepreneurs pitched their businesses presentations at the event. Six of them received investment amounts ranging from $500 to $1,500.
  • $500, CyberIyer - Shrinath Iyer of Briar Woods High School
  • $500, College Compass - Anwith Telluri of Briar Woods High School
  • $500, Aperire - Hannah Zook of River Bend Middle School
  • $1,000, RNTL- Siddharth Sridhar of Eagle Ridge Middle School
  • $1,000, Knobesity - Vishana Baskaran of Mercer Middle School
  • $1,500 & Saunders Scholarship Winner, Limitless Limb - Mahsa Riar of Belmont Ridge Middle School 
Mahsa created her company called Limitless Limbs to help children who were born without limbs. There are more than 2.1 million people in the US living with limb loss. In researching her business plan, Mahsa discovered the cost of prosthetic limbs to exorbitant and many children outgrow theirs in a short period of time.
 
Limitless Limb creates customized prosthetics using advanced 3D printing technologies.
 
Mahsa will travel to Rochester, New York on May 3rd to compete against the top student businesses from each YEA! Class around the world. She will compete to win scholarship opportunities and business start-up packages. A 6th grader, Mahsa is the youngest Saunders Scholar from Loudoun.
 
“These impressive young entrepreneurs did an exceptional job in constructing and delivering their business plan pitches. I congratulate Mahsa Riar of Limitless Limbs, the youngest of our Young Entrepreneurs, for delivering a compelling pitch that convinced our panel of accomplished business owners and executive to name him our Loudoun Young Entrepreneurs Academy! winner,” said Chamber President Tony Howard.
 
The Loudoun Young Entrepreneurs Academy (YEA!) is jointly presented by the Loudoun County Chamber of Commerce and the Loudoun Economic Development Authority (EDA), in Partnership with Mclean Insurance, Wells Fargo, Claude Moore Charitable Foundation.
 
Community Partners for Loudoun YEA include Loudoun Department of Economic Development, Loudoun County Public Schools, the Mason Enterprise Center Loudoun and Loudoun Youth.
 
Investor Panel Sponsors are SeKON & Unanet. Scholarship Sponsors are Backflow Technology, Integrus Holdings, Modern Mechanical, MVB Bank, and REHAU. Our CEO Roundtable sponsor is Telos and Graduation Sponsor is Stryker/K2M.
 
To learn more about Loudoun’s Chamber of the Young Entrepreneurs Academy, please visit, http://www.loudounchamber.org/yea  or contact K.C. Repage at krepage@loudounchamber.org.
 
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