High School Entrepreneurs Take Santa Ana By Storm
Article Published: May 10, 2018
Templo Calvario Community Development Corporation (TCCDC) is thrilled to have awarded $31,450 to 42 Santa Ana students who graduated from the Banking on Our Youth Financial Literacy and Entrepreneurship Program (BOY). The BOY program brought together 42 high school seniors from seven different high schools for six months of financial literacy and entrepreneurship learning. The entrepreneurial competition and awards ceremony gathered students, parents, program mentors, TCCDC partners, State Senate and Federal Congressional figures.
During the ceremony, the audience was addressed and encouraged by Congressman Lou Correa, State Senator Janet Nguyen, and Santa Ana Unified School District Board Member, Dr. Rigo Rodriguez. The audience enjoyed and applauded as BOY’s Major Gift Sponsor, Pacific Premier Bank’s President, Eddie Wilcox, shared and inspired the audience with his story of trials, hard work, and dedication.
During the first round of the competition, students had the opportunity to pitch their startup business plan and present their prototypes to a panel of 18 judges. After the first round of the competition, the students with the top five scores moved on to the second round where they pitched their startup business plan in a “Shark Tank” type presentation in front of the live audience. First-place winner, Esthela Tapia from Segerstrom High School won a scholarship for $2500 for her startup idea, “Rent A Pet.” A service that would benefit animals who don’t have a permanent home by matching them with potential owners who are still indecisive about becoming permanent pet owners. Sergio Santoyo, ASB President at Saddleback High School impressed the judges with his idea of a sports shoe with interchangeable shoe bottoms that will make it easier and more affordable to engage in different sports activities; he won a scholarship for $2000. In third place was Melody Khounchanh from Godinez High School, who won a scholarship for $1500 with her idea of recycling old unwanted clothes to make insulation for homes. $1,000 scholarships were presented to nine other students for their innovative and well-executed business plan presentations.
In addition to the scholarship prizes, every student was awarded a check for $400 to begin practicing healthy financial habits by opening a savings account. In total $31,450 were awarded to Santa Ana students; an investment that is sure to have lasting fruit. We know that our Santa Ana youth have the potential to make a marked difference for themselves, their families, and our community. We are grateful to have partners such as our Major Gift Sponsor, Pacific Premier Bank, and Pacific Western Bank who believe in investing in the youth of Santa Ana. Congratulations to the Banking on Our Youth Class of 2018! We are very proud of you!