Two teams of Summerland Middle School students presented their business ideas to judges in a contest for budding entrepreneurs on Wednesday afternoon.
The students are part of the Windward Software Young Entrepreneurs Dragons Den Competition, a three-month event for middle school and high school students.
The competition is a partnership between members of Students in Free Enterprise at Okanagan College School of Business, School District 67 and Penticton Economic Development Services.
While it was presented in the middle school classrooms, students participating have had to do all the work on their own time.
At the middle school level, the winning team will receive a $500 cash prize. A prize will also be given to the second-place team.
Meika Smith, a member of SIFE Penticton, said initially there were seven teams in the competition, but that number has now dropped to two.
Smith said the students have to present business plans and marketing projections to the judges.
She said the judges are looking for ideas which could be put into practice.
“Can the product or the service be done?” Smith asked. “Is it a feasible idea?”
She added that the competition is the first of what is hoped to become an annual contest.