We recently awarded $5,000 to Round Rock High School students to fund the initial inventory for the new Round Rock High School store.
The products were decided through a Shark Tank style project. RRHS students worked in teams to select a product they wanted to purchase, develop a business plan, conduct research, put together a marketing plan, and develop projections based on income and expenses.
Carol Hallowell, AVP Business Services, attended classes to present on a variety of business topics to help students in their product and business development.
The students then presented to a panel of A+FCU judges who evaluated their business plans, product surveys, projections, and more to determine which products to fund. The ideas included custom logo t-shirts, socks, lanyards, spirit gear, and camelbacks.
Ultimately, six products were selected to support the starting inventory of the store.
|Product||Grant Request||RRHS Students|
|Hats||$843||Ryan, Sammi, Timothy, Elizabeth|
|RR T-shirts||$725||Zach, Brooke, Bianca|
|Flags||$600||Michael, Harrison, Travis|
|Lanyards||$1,000||Hank, Jonathan, Ozzy|
|Printed Camelback||$1,150||Allie, Noah, Tristan, Tanner|
|Mobile Store||$650||Jack, Kyle, Oren, Nicole|
“The students all had passion and dedication for their product and presented themselves as professional entrepreneurs. I really enjoyed the process. I see business plans every day and these students put just as much effort into their presentations as I see from live businesses,” said Hallowell.