Lt. Gov.’s Entrepreneurship Challenge finalists announced

THE FIVE FINALIST TEAMS for the Lt. Governor's Entrepreneurship Challenge were announced Thursday.

PROVIDENCE – Lt. Gov. Daniel J. McKee announced the five finalist teams of the Lt. Governor’s Entrepreneurship Challenge Thursday.

The challenge, which is a business pitch competition for high school students, had submissions from 40 teams from across the state. Teams were selected based on written business plans that addressed marketing, growth strategies and market conditions, among other factors.

The five finalists will compete for thousands of dollars of postsecondary scholarships.

The finals will take place Aug. 18 at the New England Institute of Technology in East Greenwich. Teams will present their business pitches to a panel of Rhode Island millennial business owners and receive scholarships based on their pitch scores. The event is open to the public.

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The finalists:

  • Food from Friends by Zara Salem, Teo Milner, Brooke Nyman and Noah Werbel of Moses Brown.
  • KL Consulting by Kerrie Larson of Mount Hope High School.
  • Loop & Knot by Malitey Mullings of The Metropolitan Regional Career and Technical Center.
  • Swanson Capital by Max Swanson, Nathan Watts and Ryan Watts of Ponaganset High School.
  • Vadati VR by Sree Dasari of La Salle Academy.

“Rhode Islanders are innovators and our students are no exception. I was blown away by the creativity, thoroughness and passion that went into each written business plan we received as part of the first Lt. Governor’s Entrepreneurship Challenge. I want to thank all applicants for their bold forward thinking. These students have the entrepreneurial spirit Rhode Island needs to succeed,” McKee said in a statement.

Those who would like to attend the event may register for free online. Seating is limited.