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National Honors for Herndon High Business Team

Local students represented the state at the Virtual Enterprise National Competition, April 1-4, 2014 in New York City.

National Honors for Herndon High Business Team
National Honors for Herndon High Business Team
Provided:

A team of skilled students at Herndon High School have developed an amazing company that is taking them around the east coast and gaining national attention. The students in Mrs. Kathy Thomas’ class wrote a business plan for a company called V-LO Chip, which is a virtual location chip, asked for a virtual $500,000 startup loan, and then defended their plan before three panels of judges on Dec. 18, 2013. 

The students placed first in the Commonwealth of Virginia and represented the state at the Virtual Enterprise National Competition, April 1-4, 2014 in New York City. At this competition the officers and employees of V-LO Chip competed in a variety of events bringing home national honors for Herndon High School and Virginia.

These competitions include:

Global Business Challenge: The students are put on teams with teenagers from 10 countries around the world and assigned a business case study. The students are given 2.5 hours to work on solving the case study, which includes creating a PowerPoint and then presenting their solutions before judges. Andrea Ipinza’s team took 2nd place in the Global Business Challenge.

Business Plan Presentation: The V-LO Chip officers defended their business plan before two sets of judges. The panel consisted of 10 judges who are successful entrepreneurs, businessmen and women from New York City. 

Trade Show: Outstanding Achievement Booth Design-V-LO Chip named TOP 10 Booth! Out of 150 booths, V-LO Chip was selected as one of the 10 best booths honored for the appearance of the booth as well as the ability for their employees to sell their product when customers visited the booth.

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