How many 8th graders can say they have owned and operated their own businesses? Thanks to a partnership between JA of Lincoln, Fiserv, and Cathedral of the Risen Christ School, dozens of Lincoln 8th graders can say just that! 7 teams of students worked from October-April learning first-hand how to form a company, sell a product and make a profit. It’s all real– they’re buying and selling real products, making real money, seeing the real ups and downs of return on investment.
Recently, it all came together on Cathedral JA Pitch Night! The teams presented their products and process to judges from the community, including former state senator Tony Fulton, Rich Claussen, Sam Nelson with UNL, Josh Banderas, and Paul Jarrett with BuluBox.
The total net revenue from all 7 companies was nearly $5,000, and they were able to donate more than $4,100 back to their school! Each team chose where their money would go- some chose to contribute to updates for the gym, science room, and art room, while others put their earnings towards a scholarship fund.
The winning team, called Cloud 9, was made up of Sarah Al-Kafaji, Marissa Kuehn, Emilee Miller, and Akuach Mabor. They sold customizable screen-printed pillow cases, and operated under a “Buy-one-give-one” model. For every pillowcase they sold, a pillowcase was also donated to a child at Cedars. Thanks to these four girls and their customers, 64 “You Are Loved” pillowcases were donated. For their extraordinary efforts, the team was awarded with $1,200 (donated by Fiserv) to spend on their future education.
Thank you to Fiserv, Cathedral, our panel of judges, and everyone else who made this unique program possible!