Guidelines for the LGEC
The LGEC consists of four components which will be totaled in an overall score at the regional competitions and again for teams who advance to the finals.
The four components include a written business plan, an oral presentation (pitch), a marketing video, and a tabletop display.
who can apply?
- High school students grades 9-12 from public, private, and homeschooling groups.
- Teams must have at least 2 students but no more than 4.
- Teams must have one adult adviser (parents are ineligible to be official advisers) who will serve as committed guides during the development of the business plan and pitch presentation (e.g., teachers, business owners).
The LGEC has two layers: regional competitions and a finals competition. The regional competitions will take place in 10 zones across Kentucky with the top team from each regional advancing to the finals. There will be additional awards for innovation and audience choice.
At the regional competitions, students will have 10 minutes to pitch their oral business presentation to a panel of judges and show their tabletop display to their peers as well as a group of judges either before or after they pitch. The written business plan and marketing video will be scored prior to the regional competition.
The regional competitions will be held the week of April 9-13, 2018 with each zone hosting its own regional competition.
The regional competitions are open to any team that has registered and submitted materials for their zone's regional competition and completed all the informational milestones.
Visit the apply page to register and submit materials.
The 10 zones for regional competitions are identified in the map below.
Zone 1: West Kentucky CTC
Zone 2: Owensboro CTC
Zone 3: Elizabethtown CTC
Zone 4: Bellarmine University
Zone 5: Gateway CTC
Zone 6: Asbury University
Zone 7: Eastern Kentucky University
Zone 8: Union College
Zone 9: Maysville CTC
Zone 10: Big Sandy CTC
The top team in each regional competition will advance to the Finals. There will be a total of 10 teams from across Kentucky at Finals.
Scoring consists of the following criteria: written plan, oral presentation, marketing video, and a tabletop display. Judges' deliberation will be used in the event of a tie.
Scholarships of up to $100,000 will be split among the top four teams at Finals. The specific breakdown of scholarships will be announced in March 2018.
In addition, the top two winning teams from Finals will receive automatic acceptance into the 2018 Governor's School for Entrepreneurs (GSE). Click here for more information on GSE.
There will also be awards for innovation and audience choice.
*The winners' scholarships are for use at any post-secondary institutions in Kentucky, which include but are not limited to: traditional colleges and universities, community and technical colleges, trade schools, and software bootcamps.