South Dearborn
High School freshman Sidney Schaefer is the youngest winner ever in
Dearborn County’s Maverick Challenge.
The Maverick Challenge is a business planning competition
for high school students across in 12 southeast Indiana counties. AIM Young
Professionals of Dearborn County was proud to administrate the program in the
county for the fourth straight year.
Schaefer’s stellar business idea, Cupcakes for Kids, won a
$2,000 prize for winning the county level competition. The 15-year-old was
presented her prize check and honored by AIM YP, teachers and administrators at
the South Dearborn Community Schools Board of Trustees meeting on Monday, April
18.
Sidney’s idea behind Cupcakes for Kids was to sell cupcakes
to raise money in support of helping abused children. It’s a subject dear to
her heart.
“I’ve had many past experiences. My mother adopted a child
who we lost to the foster care system,” Schaefer explains.
Participating in the challenge taught Schaefer not to procrastinate
and how to make an effective presentation, among other valuable skills. She had
to lay out her business plan in front of a panel of judges – think the
television show Shark Tank.
“The feedback was definitely very helpful. If it wasn’t for
their feedback I’d be completely lost,” Sidney said. “The financial part
especially, because I had no idea how much detail went into that.”
The South Dearborn student and Aurora resident says any
student considering participation in the Maverick Challenge should go for it.
“I believe that it is a great learning experience. I
learned so much from this and I believe anybody can do it, so they should go
for it,” she said.
Schaefer plans to save her $2,000 prize to help pay for
college. She aspires to become a doctor.
On behalf of the young professionals organization, AIM YP
President Mike Perleberg congratulated Schaefer on her Maverick title.
“Sidney showed the determination to see this months-long
project through. She used the resources made available to all competitors to
help her form an impressive business plan that any aspiring entrepreneur, much
less a freshman in high school, could be proud of. She earned it,” Perleberg
said.
Becoming a Maverick Challenge county champion allowed
Schaefer to represent Dearborn County at the 12-county regional competition in
February, where she gained more valuable experience.
AIM Young Professionals of Dearborn County would like to
thank former AIM YP president Hollie Stoops for volunteering to coordinate the
Maverick Challenge. The organization also thanks our panel of judges for giving
their time to offer the competitors valuable feedback: Eric Lang of Land
Consultants, Mark Banschbach of Top Quality Building Products, Melissa Murphy
of Eagle Country 99.3, John Davis of Select Benefits, and Julie Anderson of
U.S. Bank.
The Dearborn County Chamber of Commerce also generously
supported the Maverick Challenge program with funding for participation at the
regional competition.
AIM Young Professionals of Dearborn County plans to
administer the Maverick Challenge in Dearborn County again during the
2016-2017 school year. High school students going to school or living in
Dearborn County are eligible to participate. Registration will begin in
the fall with announcements taking place in schools and at www.aimyp.com. More
information on the Maverick Challenge is available online at www.maverickchallenge.com.
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