The Orange High School Virtual Enterprise Program recently traveled to Wake Technical Community College to compete in the North Carolina Business Plan Competition for Virtual Enterprise companies.
Chief Operating Officer Gracie Coates led employees IT Assistant and Graphic Designer Rhyan Smith, Human Resources Manager Libby Jones, Marketing Manager Jack Vannoy, and Chief Financial Officer Kyle Van Tubbergh to present the business plan to Virtual Enterprise judges and other NC firms.
Virtual Enterprise students establish and manage a company that replicates the functions and demands of a real business. Virtual Enterprise firms offer diverse products and services – from banking, insurance, and technology to publishing and advertising. Students produce key deliverables and work in departments such as administration, accounting/finance, sales, marketing, human resources, and information technology. The departments are overseen by a student management team and CEO.
In November, the Virtual Enterprise program at Orange High School traveled to Pigeon Forge, Tennessee, where they participated in the Southern Regional Conference and Exhibition. The program, which focuses on learning and experiencing the business world, placed third at the competition for their website design. The design was created by Landon Hux, Jolee Knight, and Rhyan Smith. Senior Landon Hux also landed a spot in the top ten percent in the nation for his online submission of his elevator pitch.
The group of 19 students, which range from sophomores to seniors, are facilitated by Carrboro native Christy Frye.
Frye has been teaching at Orange High School since October of 2003. She also teaches marketing, fashion merchandising, and sports and entertainment marketing. When asked why Christy Frye takes great pride in teaching Virtual Enterprise she responded, “As a former retail business owner, Virtual Enterprise gives students the opportunity to operate a business without ever having to worry about losing real money.”
The Orange High School Virtual Enterprise program is highly appreciative of the Hillsborough/ Orange County Chamber of Commerce for their continued support of this program that allows students to become successful. Not only does the Hillsborough Chamber of Commerce financially support the Virtual Enterprise program, but it teaches students necessary skills that they will need in the future such as problem-solving, collaboration, and entrepreneurship. The Orange High School Virtual Enterprise program is looking forward to the upcoming Youth Business Summit in New York where they will compete against other virtual enterprise programs from around the globe.