In its first "Shark Tank"-like competition, Don Bosco Preparatory students came up with creative business ideas, including a country-wide EZ-pass system and Simplex, a simple way for businesses to schedule and communicate.
The Leonidas Foundation awarded $10,000 in scholarships to the high school in Ramsey, as part of the L.E.O. Program's first "Ironworks" Entrepreneurship Competition.
Twenty-two L.E.O. Program seniors took part in a team-style competition similar to the popular television show, Shark Tank. Students were tasked with creating a new business idea to solve a common problem, formulate comprehensive marketing and substantive information about the product, and present their creations to a panel of investors from the financial, legal, automotive, banking and medical industries dubbed “Sharks.”
The ideas included:
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