Warren Buffett's Secret Millionaires Club Grow Your Own Business Challenge Announces Finalists (1305 hits)
More than 3,000 Kids Competed for a Chance to Present Business Ideas to Warren Buffett
By Kids For Kids Published: Wednesday, May. 2, 2012 - 11:01 am
LOS ANGELES and COSTA MESA, Calif., April 26, 2012 -- /PRNewswire/ -- What do the calculator, Popsicle and Alaskan flag have in common? They were all created by kids! So, it's no surprise that more than 3,000 kids from around the country -- ages 7 to 16 -- submitted entrepreneurial business ideas to the Secret Millionaires Club (SMC) "Grow Your Own Business Challenge," based on the SMC animated series. Competition entrants vied for a chance to win the ultimate prize: presenting their idea to Warren Buffett. Today, five individual and three team finalists were announced by the Secret Millionaires Club creator, A Squared Elxsi Entertainment and Secret Millionaires Club Learn and Earn exclusive sponsor, CreditReport.com. The finalists will present their business ideas to Warren Buffett on May 21 in Omaha, Nebraska.
Beginning May 7 and running through May 14, America can help choose the "Grow Your Own Business Challenge" winners by voting for the best entrepreneurial idea at: www.smckids.com/vote.
The five individuals and three team finalists were narrowed down from 25 semi-finalists after a panel of judges reviewed every entrant's business idea. Judging criteria included several factors, including uniqueness of concept, depth and description of concept and feasibility of concept execution.
"The Secret Millionaires Club Learn and Earn promotion has afforded youth throughout the country the chance to gain knowledge about financial literacy in fun and exciting ways," said Ken Chaplin, senior vice president of marketing for CreditReport.com. "The entries received from the Secret Millionaires Club 'Grow Your Own Business Challenge' showed incredible insight, and we're looking forward to seeing the kids in action when they bring their ideas to life in front of the judges and Mr. Buffett."
Following are the Secret Millionaires Club "Grow Your Own Business Challenge" finalists who will share their business ideas with Mr. Warren Buffett:
Individual Finalists:
Rachel, age 12 from North Prairie, Wis. Business Idea: Peanut Butter and Jelly Sheets Noelle, age 12 from Staten Island, N.Y. Business Idea: Screen Savior – The Green Screen Aria, age 10 from Pittsburgh, Pa. Business Idea: Shine So Bright Sarady, age 15 from Los Angeles, Calif. Business Idea: Feel Your World Jacob, age 12 from Omaha, Neb. Business Idea: Teddy Shreddy
Team Finalists
Business Idea: Deals On Wheels Charles, age 10 from Rego Park, N.Y. Lucien, age 10 from Forest Hills N.Y. Alejandro, age 10 from Forest Hills, N.Y. Nataniel, age 10 from Rego Park, N.Y. Business Idea: Safety Guard'in Michael, age 10 from Bethel, Conn. Diana, age 8 from Bethel, Conn. Amanda, age 11 from Bethel, Conn. Lillian, age 7 from Bethel, Conn. Business Idea: Super Clothes Anthony, age 11 from Puyallup, Wash. Justin, age 9 from Puyallup, Wash.
