Don Bosco Prep HS holds own 'Shark Tank'-like competition

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.
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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.” 

Don Bosco Prep High School holds its own "Shark Tank" competition. Winning teams earned collegiate scholarships. (Photo11: Courtesy)

The ideas included:

• Critter Care: One-stop shop allowing owners to travel anywhere in the world with their pets, listing vets, dog parks and pet shops
• Party Wheels: Alcohol delivery service to prevent drunk driving
• Ameripass: Catchall EZ-Pass app that allows users seamless travel across systems
• Simplex: Interoffice communication service that simplifies scheduling and communication.
• LMK365: Location-based texting app that automatically communicates with pre-determined parties upon arriving at a destination
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The winning business idea selected by the “Sharks” was Simplex. The team was awarded $7,500 in scholarships. The runner-up was Ameripass, awarded $2,500 scholarships. The audience also selected a “Most Socially Responsible” project, which went to Critter Care and garnered $100 scholarship for each team member.

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