Youth Entrepreneurs Sought for Lemonade Day May 16
The objective of Lemonade Day, which began in 2007, is to teach youth how to start, own and operate their own business – a lemonade stand. Participation is free and children learn the entrepreneurial skills necessary to be successful in the future and become contributing members of the community.
The program is designed to include several facets of running a business. Kids learn how to create a budget, set profit-making goals, serve customers, repay investors and give back to the community. For kids, one of the best parts is that after covering their expenses and paying back their investors, they can keep what they earn. Some choose to spend some of their profit as a reward for their hard work. Others save some of their profit for a rainy day or to re-invest in their business. Many share some of their profit with the community that supported them by donating to a local charity.
Junior Achievement of Northern Indiana is championing the annual program in Noble County as a Lemonade Day partner. The Noble County Economic Development Corporation (EDC) believes Lemonade Day is a great, free program that can help engage young people in their own community and create positive experiences, the kind that often lend to further talent development and retention as the children involved grow to become adults in the workforce.
Anyone interested in learning more about Lemonade Day can find information online at https://lemonadeday.org/northeast-indiana/, including resources for parents, mentors and sponsors. In Noble County, a committee is working to help promote the program and grow the number of children participating in 2020. Local sponsors currently include NIPSCO, 3Rivers Federal Credit Union and Shepherd's Family Auto Group. The Noble County EDC is available to help answer questions at (260) 636-3800.