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In partnership with Oakland University and University of Michigan-Dearborn's Students In Free Enterprise organization, Young Detroit Builders students were given the opportunity to participate in the Fifth Annual Entrepreneurship Institute Camp, funded by the Comerica Foundation. Four students from Young Detroit Builders were selected to participate along with nineteen students selected from the Pontiac area. The economically disadvantaged high school students and Young Detroit Builders participants lived on campus and attended classes to learn about entrepreneurship for two weeks. While exploring entrepreneurship concepts, each student was placed in a team to create an innovative business plan. Each student who completes the program and successfully presents a business plan receives a $500 scholarship.
Students present their business plans to a panel of judges and this year the School of Managements Dean, Dr. Kim Schatzel assisted in the selection process. Of the eight teams, three are chosen to advance to meet a second set of judges who select a first, second and third place winner. Students who advance to the second round are offered additional scholarships. First place receives an additional $500 scholarship! While the second and third place winners receive $250 and $100, respectively. Of the three teams chosen this year, one included a member of the Young Detroit Builders organization, who placed second place in the competition!
The students participated in a banquet ceremony at Oakland University to celebrate their accomplishments on July 9, 2007. Among the many guests in attendance, one offered strong words of encouragement to the students of the Young Detroit Builders organization. Former Detroit Lion, Mr. Robert Porsche, spoke directly to the four Young Detroit Builders in attendance, as he acknowledged the banquet hall. Mr. Porsche asked the four students to raise their hands and recognized their drive and determination to enhance their lives. He continued to say he was no different than them at one point in time and encouraged the students to keep pushing for greatness.
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