The Young Entrepreneurs Academy will allow students to formulate a business plan and get support from investors
5:58 p.m. EDT,
A Lynchburg program is helping teenagers launch their own business.
The Lynchburg Regional Chamber is starting a Young Entrepreneurs Academy. The effort will allow students to create their own companies.
During a six-month class, students will learn how to formulate a business plan get support from investors.
The initiative is the first of its kind in Virginia. Similar programs in other areas have led to 100% on-time graduation rates, according to chamber officials.
“At the end of the day its an economic tool, because we’re going to have students that are equipped and prepared to enter the workforce and have a strong work ethic, who will be great workers for this community,” said Christine Kennedy, Executive Vice President for the Lynchburg Regional Chamber.
The chamber is accepting applications now from students who want to participate. You have to be between the ages of 11 and 18.