Business and Entrepreneurship students at Bishop Tonnos Catholic Secondary School took care of business at the City of Hamilton’s annual E.R. Monaco Business Plan Competition, earning four of the competition’s five top honours.
Sponsored by the Small Business Enterprise Centre, the competition challenges students to submit their business plans to a panel of judges for evaluation.
Twenty of the top business plans were invited to advance to an awards banquet dinner to celebrate their work. The top five receive monetary awards.
Top twenty participants included Georgia Kouroukis (Grade 10) for her business plan for GK Jewelry; the team consisting of Connor Lynch, JP Parente and Lucas Branch (Grade 10) for their business plan for Platinum Clothing Inc; and partners Casey Gilles and Luke Del Cantero (Grade 11) for their business plan for Cuts 2 Go.
Achieving top five status were Fticar and Julian Lombardi (Grade 10) who received 5th place for their plan on RadiEX; Hailey D’Angela (Grade 10) who received 4th place for her business plan for her company idea, Dress Me Up; the group of Ariana Commisso, Isabella Carofano and Sofia Sergio(Grade 10) who received 3rd place for their business plan for ISA Danceworx; and first place winner, Jessie Drzewicki (Grade 12) for her business plan for Not So Sweet Sweets. The top 5 not only received financial awards, but gift bags for their efforts. As first place winner, Jessie Drzewicki received $500, and won Bishop Tonnos CSS the honour of having the trophy for the year.
However, for the students, the more important take-away was the hands-on learning and the opportunity to work as a team.
“It proved to them that hard work does pay off,” says Teacher Gelsie Riverso-Casella. “They also appreciated the opportunity to complete a business plan, as it showed them how much planning and work actually goes into creating a business.”
Congratulations to the top individuals and teams, and to the other participants, including Somner Martire, Grace Osika, Carma Castillo, and Ciara Craft.