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High school scholars capture international franchising's prize; while many students were giving serious consideration to their spring break plans, some high school scholars were realizing the benefits of a different type of strategic planning.

Three high school students were recognized recently for producing the best paper on "Franchising and Entrepreneurship" at DECA's 2005 International Career Development Conference held in Anaheim, Calif. this spring. The annual contest is conducted annually by the International Franchise Association Educational Foundation and DECA, with sponsorship from 7-Eleven. Since 1995, the foundation has sponsored an annual student franchising competition with more than 5,000 DECA high school chapters throughout the United States.

The students received scholarships and trophies in recognition of their accomplishments. Quimby received a $1,000 scholarship, Ware got $500 and Wescott was awarded $250.

More than 7,000 DECA students and advisors participated in the annual conference in 38 separate competitive events.

The competition provides a "franchise business theme" poster and educational materials to DECA chapters in high schools and vocational schools. The 2students participate in a contest which requires them to prepare a nine-page prospectus on a franchise business concept, a business plan and request for financing, plus a 20-minute oral presentation. The student projects are judged at the local and state levels, and the winners compete at the international level.

DECA is an international association of marketing students with 185,000 members across the United States, Canada, Germany and the U.S. Territories. Its co-curricular programs are integrated into local high school marketing education programs to teach young people about business skills and standards.

Winners Honored

The winners of the international competition are:

First Place

Douglas Quimby of Walt Whitman High School, Huntington Station, N.Y.

Second Place

Tierra Ware of Reynoldsburg High School, Reynoldsburg, Ohio

Third Place

Robert Wescott of Inglemoor High School, Redmond, Wash.

For information about the DECA program and how franchise companies can participate as a sponsor at the local, state or international level, contact IFA Educational Foundation President John Reynolds at 202-662-0764 or johnr@franchise.org.
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Title Annotation:FW FOCUS: EDUCATION & TRAINING; Franchising and Entrepreneurship at DECA's 2005
Author:Reynolds, John
Publication:Franchising World
Geographic Code:1USA
Date:Aug 1, 2005
Words:306
Previous Article:The West Coast becomes franchise learning central in November; from franchise opportunities to the latest educational seminars on government...
Next Article:Scholarship named for former IFA president: first DECA scholarship planned.
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