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Academy of Finance Juniors Experience YEG Entrepreneurship Symposium

Written by AOF Junior Paul Camera

Dec. 1, 2015

On Nov. 13 Monticello High School's Academy of Finance Junior Class took a trip to SUNY Sullivan to collaborate with YEG (Youth Economic Group). The day was filled with activities and drills that demonstrated to us what it would be like to be in the business environment.

We started the day by crowding onto our school bus at approximately 7:40 a.m. and heading over to the college. Upon our arrival, we were welcomed and ushered in to the lobby, a big open room with high ceilings and sky lights. Tables with bagels, muffins, pastries, fruit and more were set up next to coolers of orange juice, apple juice and water. After we ate, we were brought into the auditorium, where multiple speakers orientated us on what values YEG stood for and what we were to do that day. We were then split into our groups along with students from South Fallsburg High School and went to work in classrooms with our mentor-like "coaches".

The groups were given about 3 hours to brainstorm what Sullivan County needs and create a business plan with $250,000 as seed money. The ideas were then transformed into PowerPoints detailing all aspects of the business. We did a good job at it too.
At 12 p.m. we moved to the cafeteria to eat lunch. We were served sandwiches, macaroni salad, green salad with dressings, and cookies, with a choice of iced tea, lemonade, and water. The food was delicious and the dining setup was also nicely done.

After lunch we were brought into the auditorium where the groups presented their businesses to the four judges. The process took about 25 minutes, with each group getting only 3 minutes to present.

The teams were let out for a 20 minute recess, before they brought us back in to reveal the winning team and recipients of a $500 scholarship to SUNY Sullivan. We all thanked the presenters and the coaches and were brought back to the school by 3 p.m.

It was an incredible experience and one future students could benefit from as well.