What is the LGEC?
The Lieutenant Governor's Entrepreneurship Challenge (LGEC) is a tiered business pitch competition for Kentucky high school students grades 9-12. It is intended to introduce students to a realistic competitive business environment, as well as promote business ownership and lifelong learning.
When is the LGEC?
- Wednesday, February 1 Registration due, online on the Register Here tab.
Wednesday, March 1 Written materials completed, online.
Monday, April 10 - Thursday, April 13 Regional Competitions, Zones 1-5.
Saturday, April 29 State Competition.
The regional competition hosts include:
April 10th, Murray State University for Zone 1
April 11th, Western Kentucky University for Zone 2
April 12th, Georgetown College for Zone 3
April 12th, Berea College for Zone 4
April 13th, University of Pikeville for Zone 5
who can participate in the LGEC?
- Students grades 9-12 in Kentucky.
- Public, private, and homeschool students are eligible.
what do i need to do to be considered for lgeC?
Form a team of at least 2 to 4 students who are interested in creating a product/service and starting a business.
Find 2 adult advisers who can commit to coach and advise the development of your ideas.
Plan and prepare to compete in your zone's regional competition.
The top two winners from each regional competition will advance to the state competition.
There will be a total of 10 teams advancing to the state competition with first, second, and third place winners.
Submit a registration to compete found on the REGISTER HERE page.
This form is due by 2/1/17.
Any forms received after 2/1/17 5:00PM EST will not be eligible to compete.
Business plans should cover all the elements you are expected to include in your pitch presentation to judges.
Completed business plans, financials, and logo due by 3/1/17.
Any plans received after 3/1/17 5:00PM EST will not be eligible to compete.
Business plans are evaluated for a score that will be used in combination with the score of the team's pitch presentation.
Compete in one of the LGEC regional competitions and see if your team advances to the state competition!
What if i don't have any adults to serve as advisers?
- Seek out a teacher at your school who can help.
- Contact your local Kentucky Innovation Network office for suggestions.
- Meet with local entrepreneurs in your community to see if they would help.
What if i want to serve as an adult adviser for a team?
why should i care about the LGEC?
You have the opportunity of a lifetime to walk away with significant prize winnings (over $80,000 split among top 3 teams at the state competition) for scholarships to post-secondary institutions* in Kentucky.*Post-secondary institutions include: two-year colleges or universities, four-year colleges or universities, technical colleges or universities, and trade schools.
Text: (859) 619-9062 with any questions