All posts tagged: Junior Achievement USA

Navigating a “Blue Christmas”

Navigating a “Blue Christmas”

How Rising Prices Impact Teen Holiday Spending

Author: Kelsey Matzinger
Junior Achievement USA
Published: November 15, 2023

It’s that time of year again, where the holiday season is upon us. However, for many teenagers, it seems that a “Blue Christmas” might be in store. According to our recent survey conducted by the research firm Big Village, over half of teens report that rising prices have had a significant impact on the number and types of gifts they’ve received during the holidays in recent years.

As the cost of living continues to rise, it’s no surprise that teens, just like their adult counterparts, are feeling the economic pinch. But what does this mean for their holiday spending and what steps can we take to support them during these trying times?

Teens’ Holiday Spending and Concerns

Inflation Concerns

It’s not just the impact of rising prices on their gift-giving that concerns teens. Nearly three-in-four, a whopping 71 percent of them, expressed worries about the effects of inflation on this year’s holiday shopping season. This is a considerable shift in perspective, as inflation typically remains a topic reserved for the financial discussions of adults.

How Teens Fund Their Holiday Shopping

Holiday Spending Money Sources

Teens rely on various sources to fund their holiday shopping. According to the survey, 71 percent of teens say they get holiday spending money from their parents or caregivers. It’s a common and expected source of funds for many teenagers.

What’s intriguing is that 19 percent of teens look beyond their families for holiday cash and opt for a different route—gig jobs or side hustles. These can include anything from delivering groceries to tutoring, illustrating a growing trend among teens to take matters into their own hands.

The Gig Economy and Age Restrictions

However, there’s a catch. Many gig jobs often come with age restrictions that prevent minors from participating. This presents a unique challenge for teens who seek financial independence through these opportunities. While work experience is undoubtedly valuable, it’s crucial for parents and caregivers to be aware of these restrictions and encourage teens to explore age-appropriate work if needed.

Shopping Trends: In-Store vs. Online

In-Store Shopping

Despite the growth of e-commerce and online shopping, in-store shopping still holds significant appeal for teens. This year, 76 percent of teens plan to shop “in-store” for their holiday gifts. This number marks a slight decrease from 2021 when 81 percent preferred brick-and-mortar stores. The physical shopping experience remains a significant part of the holiday tradition for many teenagers.

Online Shopping

Online shopping has its place in the hearts of teens as well. This year, 67 percent of teens plan to shop online for their holiday purchases. This is a slight drop from the 70 percent who chose online shopping in 2021. The availability and convenience of online shopping options make it an attractive choice for many.

“These survey findings suggest that teenagers are dealing with the practical consequences of increased costs,” said Jack Kosakowski, CEO of Junior Achievement USA. “At Junior Achievement, we urge parents and caregivers to seize this moment by discussing essential topics such as holiday budgeting, savvy shopping, and inventive gift-giving strategies in the face of elevated prices. Also, while we emphasize the value of work experience, it’s crucial for parents and caregivers to be cognizant of age restrictions associated with gig jobs and, when necessary, guide their teenagers toward age-appropriate work opportunities.”

How Junior Achievement Can Help

At Junior Achievement, we believe in equipping teens with essential life skills, particularly in the face of economic challenges. Teens today are experiencing the economic realities of higher prices, and we’re here to provide support and resources to help them navigate these challenges.

Our organization offers a valuable resource for money management skills—JA Connect. This free online resource is designed to help teens explore careers, entrepreneurship, and, most importantly, how to manage money. The “My Money” section of JA Connect guides teens through the process of developing a budget and planning their financial future.

In conclusion, the “Blue Christmas” phenomenon is one that we can work together to mitigate. By providing teens with financial education, guidance, and support, we can help them overcome the challenges posed by rising prices and continue to make their holiday dreams come true.

Let’s ensure that the “Blue Christmas” turns into a season of financial empowerment, learning, and positive growth for our teens.

Navigating a “Blue Christmas”
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JA Alumni Report 2021-2022

JA Alumni Report 2021-2022

Read Junior Achievement’s Latest Alumni Report

OVERVIEW

These are the findings of an Ipsos poll conducted between June 13-15, 2022. For this survey, a sample of 7,427 Americans age 18+ from the continental U.S., Alaska, and Hawaii was interviewed online in English. This includes 1,003 Junior Achievement Alumni. The poll has a credibility interval of plus or minus 1.4 percentage points for all respondents and 3.8 percentage points for Junior Achievement Alumni respondents.

GENERAL IMPACT OF JA

According to the survey, just under one in five Americans (18%) have participated in the Junior Achievement (JA) program at some point during their kindergarten through twelfth-grade education. As part of their experience, more than three-in-four (76%) JA Alumni report that a volunteer from JA came to visit their class, after-school program, or another setting to teach them about money, jobs, or business. Among those who report that a volunteer came to their class, nearly two-thirds (64%) say they remember the concepts the volunteer taught them about money, jobs, or business. More than half (56%) say they are currently in a career or job, or have worked in a similar position, to the one their JA volunteer had. Ninety-two percent report that JA was a great experience overall, and nearly as many (91%) report that JA motivated them to learn. Strong majorities of JA Alumni report that JA played an important role in believing they can achieve their goals (90%), their personal development (87%), and gave them confidence in new situations (85%).

EDUCATION AND CAREER PATH

When it comes to education, jobs, and careers, similar proportions report JA positively influenced their decision to pursue higher education (84% overall – 83% White JA Alumni, 86% Black JA Alumni, 85% 2 Junior Achievement 2022 Hispanic/Latino JA Alumni), their professional development (84% overall – 84% White JA Alumni, 87% Black JA Alumni, 84% Hispanic/Latino JA Alumni), and their career path (81% overall – 80% White JA Alumni, 89% Black JA Alumni, 82% Hispanic/Latino JA Alumni). Ninety percent say it exposed them to different ways of thinking, 89 percent say it motivated them to succeed in their professional lives, and 88 percent say JA widened their horizons. Similarly, 88 percent say it made them think of new work opportunities or career paths. Four in five report that their careers are extremely fulfilling (80%). In terms of aligning education with career outcomes, nearly three-in-four (73%) JA Alumni who graduated from college say they work in a field they studied in college (71% White JA Alumni, 72% Black JA Alumni, 78% Hispanic/Latino JA Alumni). Research by the Federal Reserve Bank of New York shows that just one-infour (27%) American college graduates say they work in the field they studied in school. Additionally, more than two-thirds (69%) of JA Alumni say they currently work in their dream career (72% White JA Alumni, 69% Black JA Alumni, 69% Hispanic/Latino JA Alumni). Research by MidAmerica Nazarene College shows that only 25 percent of Americans say they are in their “dream career.”

CLICK TO READ THE FULL REPORT

Thank You American Express Foundation!

The American Express Foundation provides funding support to local JA Areas with a focus on engaging American Express employees to serve as volunteers. Through their grant, Building Financial Confidence in Underserved Youth, American Express Foundation will be impacting the lives of hundreds of students with financial literacy programs like JA Career Discovery Park. Students will be taught to make intelligent financial decisions related to income, expenses, savings and credit.

Junior Achievement USA gratefully acknowledges American Express for its dedication to JA Areas with funds to support financial literacy lessons for young achievers.

JA Alumni Report 2021-2022
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Teens Are Re-Thinking The Future Of Work

Teens Are Re-Thinking The Future Of Work

JA/Citizens 2023 Survey of High School Students Reveals Their Career Aspirations; Economic and College Concerns; and Overall Financial Preparedness

 

Author: Kelsey Matzinger
Junior Achievement USA
Published: Monday, 01 May 2023

Have you applied for any scholarships yet? What are you going to major in? Are you excited for football season? The team is looking really good this year!

These are questions high school students get asked, but none of them are as important as “Are you able to afford college?” or “Are you going into a career field where you can pay off your loans quickly?” In today’s world, teens are increasingly exploring alternatives to the traditional higher education route, making these questions more crucial than ever. That’s why Junior Achievement and Citizens conducted a study to gain insight into where teens’ thoughts are when it comes to the cost of higher education.

Many teenagers see a successful future when it comes to their confidence in their ability to compete for the jobs of tomorrow. In fact, 57% of teens expressed confidence in their skills to do so. However, financial concerns are top of mind for many, with 70% indicating worries about the costs associated with pursuing education after high school.

Interestingly, the survey also found that the majority of teens believe an Associate’s or Technical Certification is sufficient to get a good job, with 76% in agreement. This indicates that teens are not necessarily prioritizing a traditional four-year degree as a means to achieving their goals.

The survey also found that teens are open to non-traditional paths to success, with 61% stating they would rather start their own business than have a traditional job. This preference for entrepreneurship is an interesting development and may suggest that teens are becoming more interested in taking control of their own careers.

Another trend that emerged from the survey is the growing influence of social media. With 40% of teens considering a career as a social media influencer, it is clear that this is a profession that is increasingly attractive to young people. As social media becomes more important in modern marketing strategies, it is likely that this trend will continue to grow.

However, the survey also highlighted the rising cost of living that is impacting families across the country. Over 60% of teens (63%) reported that their families have had to do without due to rising prices. This is a concern that may influence their education and career choices, as many may feel they need to prioritize immediate financial stability over pursuing their long-term goals.

It is clear that financial barriers are shaping the decisions teens make about their futures, and that the cost of pursuing education may be deterring some from pursuing their dreams.

WHAT CAN WE DO ABOUT IT

The survey suggests that teens are confident in their abilities but are grappling with the costs and practicalities of achieving their goals. As such, it is more important than ever to provide young people with the resources they need to navigate these challenges and realize their full potential.

One way to support young people in achieving their goals is by providing them with access to affordable and quality education. With the rising cost of higher education, it is important to explore alternative options, such as trade schools and community colleges. These institutions often provide high-quality training in specific fields and can lead to well-paying jobs with fewer financial burdens.

Another way to support teens is by promoting financial literacy and providing them with the tools they need to manage their money effectively. This can include offering information through JA Connect on budgeting, saving, and investing, as well as resources for managing student debt.

Additionally, encouraging entrepreneurship and providing mentorship and resources for starting a business can help teens achieve their goals while also providing them with valuable skills and experience. This can include JA Connect activities or programs like JA Launch Lesson or JA Company Program.

Ultimately, it is important to recognize the unique challenges that teens face in today’s economic landscape and to provide them with the resources and support they need to navigate these challenges successfully. By investing in the education and well-being of young people, we can help ensure a bright and successful future for all.

To learn more about JA financial literacy and entrepreneurship programs, please visit jausa.ja.org/programs/index.

Teens Are Re-Thinking The Future Of Work
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MacKenzie Scott Gives $38.8 Million to Junior Achievement USA

MacKenzie Scott Gives $38.8 Million to Junior Achievement USA

Junior Achievement of South Florida Receives $1.9 Million

City of Coconut Creek, Florida (August 22, 2022) — Through her philanthropic giving, MacKenzie Scott continues to change lives and strengthen nonprofit organizations. She recently donated $38.8 million to Junior Achievement USA, making it the largest single gift in the organization’s 103-year history.

Junior Achievement of South Florida (JA) is one of 26 areas to be selected by Scott, receiving $1.9 million. This generous contribution will help to sustain the critical work of preparing every young person to navigate their future, drive our economy and lead our communities. This gift will serve as a lead gift to JA’s $15 million comprehensive campaign, “Unlock the Potential of Tomorrow”, helping JA secure its community impact well into the future.

“The lack of skilled talent in the pipeline is one of the top concerns of employers today. To successfully compete and sustain our local economy, we must develop talent that is educated and trained to handle the demand of skilled and technical jobs. The only way to ensure a steady pipeline of qualified talent in the future is to develop the mindset and skillset of every child,” said President & CEO Laurie Sallarulo.

Junior Achievement of South Florida’s momentum has been extraordinary – reaching more than 69,000 students a year during the 2021 school year. “It’s not just about the number of students served, it’s about the depth of the impact JA programs have on students,” said Sallarulo. Through the unique partnership with Broward County Public Schools, JA compliments academics with real-world education in financial literacy, work readiness and entrepreneurship to ensure that all children are ready and able to succeed in tomorrow’s world. “There is still much work to be done, and this gift will allow us to broaden our reach, deepen our impact and continue to innovate,” Sallarulo added.

Andrew Koenig, JA Board Chair and CEO of CITY Furniture shares, “As a business headquartered in Broward County, we have invested heavily in our future workforce by partnering with JA. This will require an all-hands-on-deck approach, involving schools, parents, businesses, government, funders and philanthropists. This contribution from MacKenzie Scott is a testimony to the importance of our work and the need for us to invest in workforce and financial literacy education. I encourage you to join our mission.”

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About “Unlock the Potential of Tomorrow” Comprehensive Campaign
Junior Achievement of South Florida is committed to unlocking the true potential of every child, regardless of their background and circumstances. This 5-year, $15 million campaign is an opportunity for everyone to ensure every child, today and in the future, can learn to be resourceful, innovative, collaborative and resilient. This will give them a chance to lead a successful and prosperous life and will also secure the future of our community and economy.

“Unlock the Potential of Tomorrow” will help sustain JA’s critical mission and help ensure that every child receives the resources, training, education and experiences they will need to face the challenges of succeeding in a complex and unpredictable world. Almost 70% of the students JA serves are from low-income families and will likely not have the opportunity to learn the skills that will allow them to be self-sufficient through employment or entrepreneurship and contribute to the future of our local economy. There are four specific fund opportunities: Capital Investments, Program Innovation Expansion and Scholarships and Endowments. Contact Adrinia Woods, Chief Revenue Officer, at Ad*****@************da.org or (954) 979-7100.

About Junior Achievement of South Florida
Junior Achievement of South Florida (JA) empowers our youth with the knowledge, ability and confidence to navigate their futures, drive our economy, and lead our community. JA provides real-world training in financial literacy including budgeting, spending, investing and the use of credit; offers cutting-edge skill-building opportunities that enable young people to explore meaningful, productive careers; teaches students how to start businesses; and introduces entrepreneurial values that strengthen workplaces. Last year, with the help of 7,100 trained corporate and community volunteers, JA delivered 20+ programs to over 69,000 students in classrooms throughout Broward and south Palm Beach counties and at JA World Huizenga Center at the Lillian S. Wells Pavilion, a first-class facility housing JA BizTown and JA Career Discovery Park. For more information about Junior Achievement of South Florida, visit JASouthFlorida.org. Follow JA on social media @jasouthflorida.

For More Information, Contact:
Christopher Miller, Senior Marketing and Media Production Manager
Junior Achievement of South Florida
(954) 979-7110

MacKenzie Scott Gives $38.8 Million to Junior Achievement USA
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A Virtual Summit for a More Equitable and Just Tomorrow

A Virtual Summit for a More Equitable and Just Tomorrow
When: Tuesday, December 08, 2020
Where: Virtual Event
Time: 1:00 PM EST

As an extension of their digital and experiential learning resources, Junior Achievement is partnering with Invest in You: Ready. Set. Grow., CNBC’s financial wellness and education initiative in partnership with Acorns, to host a “Summit for a More Equitable and Just Tomorrow” on December 8 at 1pm ET.

Hosted by CNBC Senior Personal Finance Correspondent Sharon Epperson, this unique interactive event will give teens across America direct access to some of the country’s most knowledgeable experts on economic empowerment, especially as it relates to diversity, equity, and inclusion. The panelists will offer simple, straightforward strategies to help empower participants to strive toward promoting a more equitable and just tomorrow.

About CNBC

CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 557 million people per month across all platforms. The network’s 15 live hours a day of business programming in North America (weekdays from 5:00 a.m. – 8:00 p.m. ET) is produced at CNBC’s global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC’s highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.

CNBC also offers content through its vast portfolio of digital products such as: CNBC.com, which provides real-time financial market news and information to CNBC’s investor audience; CNBC Make It, a digital destination focused on making you smarter about how you earn, save and spend your money; CNBC PRO, a premium service that provides in-depth access to Wall Street; a suite of CNBC mobile apps for iOS and Android devices; Amazon Alexa, Google Assistant and Apple Siri voice interfaces; and streaming services including Apple TV, Roku, Amazon Fire TV, Android TV and Samsung Smart TVs. To learn more, visit https://www.cnbc.com/digital-products/.

Members of the media can receive more information about CNBC and its programming on the NBCUniversal Media Village Web site at http://www.nbcumv.com/programming/cnbc. For more information about NBCUniversal, please visit http://www.NBCUniversal.com.

Need More Information?

For more information about this event, please contact us!
Register Today
A Virtual Summit for a More Equitable and Just Tomorrow
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JA Books, Bucks and Backpacks In The News

JA Books, Bucks and Backpacks In The News

JA Books, Bucks and Backpacks In The News

Junior Achievement of South Florida’s Books, Bucks and Backpacks’s initiative is determined to bring financial, reading and health literacy to every child. We’ve partnered with local community members and organizations to help put together backpacks filled with activities, educational materials, other giveaways and food to families in Broward County. To learn more about this initiative and to see a list of our sponsors visit here.

Books, Bucks and Backpacks has seen much success, we’ve even made it in other news outlets. Check them out below!

CityBizList

“Junior Achievement of South Florida (JASF) will be distributing backpacks filled with age appropriate financial education materials, books, healthcare information, snacks and other relevant items to bring youth financial literacy education into the homes of children and families who need it most…”

Visit CityBizList to read more.

NorthLauderdaleNews.net

“Junior Achievement of South Florida (JASF) will be distributing backpacks filled with age appropriate financial education materials, books, healthcare information, snacks, and other relevant back-to-school items for children ages 3-11…”

Visit NorthLauderdaleNews.net to read more

Miami Herald

“Junior Achievement of South Florida plans to host its Financial Literacy Program to help children and families across Broward. The group will distribute backpacks filled with age appropriate financial education materials, books, healthcare information, snacks and other relevant items ‘to bring youth financial literacy education into the homes of children and families who need it most’…”

Visit Miami Herald to read more.

Lifestyle Media

“Junior Achievement of South Florida in Coconut Creek hosted its Books, Bucks and Backpacks initiative in July and August, distributing nearly 2,000 backpacks filled with age-appropriate financial education materials, books, healthcare information, snacks and other relevant items for children ages 3-11…”

Visit Lifestyle to read more.

Want To Know More About Books, Bucks and Backpacks?
JA Books, Bucks and Backpacks In The News
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Comcast Newsmakers July 21, 2020

Comcast Newsmakers July 21, 2020

Financial Lessons In The Time Of COVID-19

With Laurie Sallarulo of Junior Achievement of South Florida

Hosted by Nathalia Ortiz
Produced by: Florida Newsmakers Team

As the world faces the challenges of the ongoing Coronavirus pandemic, one local nonprofit is remaining focused in its mission of empowering students to take control of their financial futures. Laurie Sallarulo, President and CEO of Junior Achievement of South Florida, talks about how they delivering their program during these challenging times.

Comcast Newsmakers July 21, 2020
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Office Depot Donates to Youth-Focused Non-Profit Organizations

Office Depot Donates to Youth-Focused Non-Profit Organizations

Office Depot Donates to Youth-Focused Non-Profit Organizations

Article appeared on FloridaTrend.com.

Office Depot, Inc. (NASDAQ: ODP), a leading provider of business services, products and technology solutions through an integrated B2B distribution platform, today announced that it is providing $200,000 to select Boys & Girls Clubs across the country as well as other youth-focused non-profit organizations. These donations will help fund programs designed to keep underserved children and teens learning and engaged throughout the summer in an effort to beat summer learning loss, also known as the “summer slide.”

“Office Depot is proud to support non-profit organizations in communities across the country to help provide underserved students with access to educational tools and programs all summer long,” said Gerry Smith, chief executive officer for Office Depot, Inc. “Despite the new set of challenges brought on by these uncertain times, we remain committed to investing in our youth and providing resources that will help them to feel empowered, confident and ready to tackle the new school year.”

In South Florida, where Office Depot’s headquarters is located, the company will donate additional funds to each of the following non-profit organizations for programming geared towards financial literacy, college preparation and more, including Junior Achievement of South Florida.

CLICK HERE TO READ FULL ARTICLE
Office Depot Donates to Youth-Focused Non-Profit Organizations
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Joe DiMaggio Children’s Hospital Receives Donation from Future Entrepreneurs

Joe DiMaggio Children’s Hospital Receives Donation from Future Entrepreneurs

For Immediate Release      

For More Information Contact:

Christopher Miller, Marketing Manager
Junior Achievement of South Florida
(954) 979-7110
Ch*********@************da.org

Social Media: @JASouthFLorida

JOE DIMAGGIO CHILDREN’S HOSPITAL RECEIVES $2,932 DONATION FROM FUTURE ENTREPRENEURS

JA Fellows Company Program team Germ Genie wins $1,000 donation to Joe DiMaggio Children’s Hospital and adds $1,932.56

Coconut Creek, Florida- Junior Achievement of South Florida is proud to announce that NSU University School’s Germ Genie won the JA Fellows Company Commercial People’s Choice Award. The prize was a $1,000 donation to Germ Genie’s benefiting organization, Joe DiMaggio Children’s Hospital.

The People’s Choice Award was an online competition for individuals to vote for their favorite JA Fellows Company Program commercials. Twelve one-minute commercials were produced by the JA Fellows teams. Germ Genie received the most votes and was announced the winner during the virtual JA Fellows Spark Tank Finale on May 9th.

“It is so thoughtful of the students to direct the proceeds from their incredibly prophetic product, and also their award funds, to Joe DiMaggio Children’s Hospital,” said Kevin Janser, chief development officer at the children’s hospital’s nonprofit foundation. “Congratulations to them for their creativity and success. It’s very encouraging to see these brilliant young entrepreneurs giving back in such a meaningful way.”

In addition to the People’s Choice Award, Germ Genie won the JA Company of the Year locally and was one of two teams invited to compete at the JA USA National Student Leadership Summit on June 15-18. There, the team captured 2nd place in the JA National Company of the Year Award, as well as received the ICE NYSE Best Financial Performance Award and Delta Social Impact Award.

“Our success has helped us to better support Joe DiMaggio Children’s Hospital, whom will receive 10% of our overall profits. We are fortunate to be able to help those children who are most at risk of contracting an illness from unwanted germs,” said Henry Hurowitz, CEO of Germ Genie.

Germ Genie’s mission to stop the spread of germs started with their original product, the Airplane Tray Table Placemats. Now their product line includes The Premium Package, a compact, reusable pouch filled with products that provide all the essentials for staying germ free on the go: Airplane Tray Table Placemats, medical face masks, disinfecting surface wipes, latex-free gloves, 62% alcohol based hand sanitizer, and a headrest cover. They also offer upgrade options for kits that include either 1 or 2 N95 respiratory masks for extra protection.

In just six months, the team has generated gross revenues of $45,807 with a net profit of $15,124. Germ Genie is committed to being a socially responsible company as they continue to grow and develop their success. These entrepreneurs will continue to donate 10% of all sales to Joe DiMaggio’s Children’s Hospital, one of the region’s largest hospitals, offering a comprehensive scope of healthcare services and programs in a child-friendly atmosphere.

About Joe DiMaggio Children’s Hospital

Joe DiMaggio Children’s Hospital is one of South Florida’s leading pediatric hospitals, offering a comprehensive scope of healthcare services and programs in a caring, compassionate setting designed specifically for children. A level one pediatric trauma center, it combines advanced technology, the expertise of some of the region’s most diverse, board-certified specialists, and a patient and family-centered focus to heal the body, mind, and spirit of those it touches.

The hospital’s nonprofit foundation raises funds to assist patients, families, and underwrite programs, facilities, and equipment that support the pediatric facility’s mission.

To learn more about the children’s hospital, visit jdch.com and connect with @jdchospital on Facebook, Twitter, YouTube, and Instagram.

About Junior Achievement of South Florida

Junior Achievement of South Florida (JA) inspires and prepares youth to succeed in a global economy. JA provides real-world training in financial literacy including budgeting, spending, investing and the use of credit; offers cutting-edge skill-building opportunities that enable young people to explore meaningful, productive careers; teaches students how to start businesses; and introduces entrepreneurial values that strengthen workplaces. Last year, with the help of over 7,100 trained corporate and community volunteers, JA delivered over 20 various programs to almost 50,000 students in classrooms throughout Broward and south PalmBeach counties and at JA World Huizenga Center at the Lillian S. Wells Pavilion, a first-class facility housing JA BizTown and JA FinancePark. For more information about Junior Achievement of South Florida, visit www.JASouthFlorida.org.

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Joe DiMaggio Children’s Hospital Receives Donation from Future Entrepreneurs
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Local JA Fellows Team Germ Genie Wins Three National Awards

Local JA Fellows Team Germ Genie Wins Three National Awards

For Immediate Release      

For More Information Contact:

Christopher Miller, Marketing Manager
Junior Achievement of South Florida
(954) 979-7110
Ch*********@************da.org

Social Media: @JASouthFLorida

LOCAL JA FELLOWS TEAM GERM GENIE WINS THREE NATIONAL AWARDS

NSU University School’s Germ Genie finishes in 2nd place among 15 student-run companies at JA USA’s 2020 National Student Leadership Summit

City of Coconut Creek, Florida – Junior Achievement of South Florida (JA) is proud to announce that Germ Genie, the JA Fellows Company Program team from NSU University School, won three awards at Junior Achievement USA’s 2020 National Student Leadership Summit (NSLS).

In addition to finishing in 2nd Place for the coveted National JA Company of the Year Award, Germ Genie won the Best Financial Performance, Delta Social Impact and EY Innovation awards. Teen entrepreneurs from Marjory Stoneman Douglas High School’s Good Scents also competed.

“We are thrilled to see these two highly innovative teams represent Junior Achievement of South Florida at this prestigious competition for the 5th consecutive year,” said Laurie Sallarulo, President & CEO. “We applaud the students for their outstanding efforts, their teachers, mentors and our community partners who continue to support our entrepreneurship program.”

This year’s summit ran from June 15th-18th and will was held virtually due to the COVID-19 pandemic. Fifteen JA Fellow company teams (out of more than 500 nationwide) were invited to compete at the JA NSLS. The student companies competing were assessed on their financial performance, individual team members’ personal and professional development, on a self-produced commercial about their product or service, on their team’s live virtual presentation to a panel of business leaders, and on their company’s performance.

Germ Genie won the Delta Social Impact Award by creating a solution to address a local, national or global social concern by connecting customers, stakeholders and community; demonstrating great customer service; advancing education in their company and creating value through innovation in all aspects of their business. The teens also had to describe the lessons they learned.

The ICE NYSE Foundation Best Financial Performance Award. The award was presented to the Junior Achievement (JA) student company that performed the best against criteria including profitability, investor expectations, employee earnings, product quality, leadership, and operational efficiency.

The annual JA Company of the Year Competition is a contest of business skills, ingenuity and innovation that focuses on the accomplishments of U.S. JA Company Program ® students, ages 15-18. Reaching more than 10,000 U.S. students during the 2019-2020 school year that created nearly 500 start-up companies, JA Company Program gives teens the skills to start and run their own businesses under the mentorship of local business volunteers. The teens develop a product/service designed to fill an unmet consumer or community need/service, they secure investments, produce, source, market and sell their product or service.

Good Scents started off with a citrus scented oil to help combat decreased energy and poor moods and to help improve daily functions. Their product line now includes an air freshener and they have expanded their scents to include lemongrass, peppermint, grapefruit, cinnamon and much more. These students were not only tasked with creating their product, but they also had to budget, plan, market and sell their finished product.

“JA has taught me numerous skills, including marketing a business, project management, and presenting myself professionally. It has allowed me to further enhance and develop my skills in hospitality, finance and marketing,” said Hunter Dorman, President of Good Scents.

Germ Genie came up with an airplane tray table cover to help limit the spread of tray table bacteria and viruses. Their product line has diversified as well, and now includes a travel pack with face masks, gloves, hand sanitizers, disinfectant wipes and a head rest cover. This student company has been successful in bringing in revenue and partnering with other businesses to bring awareness to their product.

“After doing much research, we discovered that tray tables are eight times dirtier than a toilet flush-button. There is nothing like our tray table cover on the market. In just four months, we have over $45,000 in revenue. In addition to individual sales, Germ Genie sold in bulk to AutoNation, BBX Capital and PTM Travel. We are currently in discussions with Delta Air Lines, Hudson News, Royal Caribbean and other large companies,” said Henry Hurowitz, President of Germ Genie.

The student companies that competed at the JA NSLS were assessed on their financial performance, individual team members’ personal and professional development, on a self-produced commercial about their product or service, on their team’s live presentation to a panel of business leaders and on their company’s performance.

About Junior Achievement of South Florida

Junior Achievement of South Florida (JA) inspires and prepares youth to succeed in a global economy. JA provides real-world training in financial literacy including budgeting, spending, investing and the use of credit; offers cutting-edge skill-building opportunities that enable young people to explore meaningful, productive careers; teaches students how to start businesses; and introduces entrepreneurial values that strengthen workplaces. Last year, with the help of over 7,100 trained corporate and community volunteers, JA delivered over 20 various programs to almost 50,000 students in classrooms throughout Broward and south Palm Beach counties and at JA World Huizenga Center at the Lillian S. Wells Pavilion, a first-class facility housing JA BizTown and JA Career Discovery Park. For more information about Junior Achievement of South Florida, visit www.JASouthFlorida.org.

About Junior Achievement USA® (JA)

Junior Achievement is the world’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, JA reaches more than 4.7 million students per year in 106 markets across the United States, with an additional 5.2 million students served by operations in 100 other countries worldwide. Junior Achievement USA is a member of JA Worldwide. Visit www.ja.org more information.

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Local JA Fellows Team Germ Genie Wins Three National Awards
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