College Virtual Enterprise

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UPDATE!
Banana Bowls made it to the semi-finalist round. Only seven Long Island firms move on. This competition was evaluated by 50 judges from Long Island business, industry, and education sectors. These results for the business plan competition are based on the combined score of each team's written plan and oral presentation, weighted equally. 

Students in Ms. Lalia's Business and Family and Consumer Sciences class created a virtual company, Banana Bowls, with which they competed in the sixth annual Long Island Virtual Enterprises (LIVE) Business Plan Competition at Farmingdale State College.  

The team members did exceptionally well in their presentation, landing their company three awards: second place, firm favorite of Most Creative; third place, Commercial; and third place, Brochure. The virtual company sells "Nice Cream," a healthy alternative to traditional ice cream made solely from frozen bananas. To learn more about the business and view the commercial, visit www.bananabowls.weebly.com.

The Virtual Enterprise allows students to take on the roles of employees and get involved in actual on-the-job work experiences, including sales, marketing, accounting and personnel management. The difference between the VE and an actual business is that no material goods are produced nor real money exchanged.