18 high school students competing in YEScarolina business contest

Charleston-based YEScarolina teaches youth the principles of entrepreneurship and free enterprise.

Eighteen high-school students from across South Carolina will go head to head Wednesday during the 4th annual YEScarolina State Business Plan Competition.

Presented by the Mark E. Motley Foundation and hosted by the College of Charleston School of Business, the event features young entrepreneurs competing for a $3,000 first-place prize in seed money for their business idea. Seven of the students are from outside the Charleston area.

The winner also will receive an all-expenses-paid trip to New York City in the fall to pitch the business idea for a chance to win $25,000 in a national competition.

“Money is the carrot that helps get the students interested in learning about entrepreneurship,” said YEScarolina founder and president Jimmy Bailey.

Contestants will pitch their ideas to a panel of judges and network with competitors and business owners during the event.

The final round of business plan presentations will start at 5:45 p.m. today in the Wells Fargo Auditorium at the College of Charleston School of Business. A reception and student expo will follow the announcement of winners.

YEScarolina teaches youth the principles of entrepreneurship and free enterprise.

Reach Warren L. Wise at 937-5524 or twitter.com/warrenlancewise.