Inside the Foundation  
Foundation Announces 2018 Biz Kid$ Entrepreneur Contest Winners
Wednesday, April 4, 2018 9:10 AM

The votes have been tallied, and a winner has been selected in the Cornerstone Credit Union Foundation’s Biz Kid$ Entrepreneur Contest. GECU and its partnering school, Sageland Elementary School, won for Sugar Scottie Treats.

Their unique idea offers a convenient party service at school by providing treat packages for any special occasion. Busy working parents can save time by not having to run to the store to pick up cupcakes for the classroom to celebrate their child’s birthday at school. They can simply order them from Sugar Scottie Treats online.

Led by Bernice Chavez, the students put their heart and soul into their Biz Kid$ Entrepreneur concept. After conducting thorough research, the students discovered that school office staff experience an average of three interruptions daily for birthday celebrations. Their research also discovered that according to the United States Census Bureau, 69 percent of children’s parents work. Proving that busy working parents may not have time to plan a class birthday party.

After learning these valuable findings, the students created their overall vision to develop a service that takes away the worry and stress of planning a classroom celebration and makes it easy and affordable.

What truly sets them apart from other companies is they have chosen to create their own charity by setting aside 15 percent of the profits to provide a “birthday in a bag” to students at their school whose parents cannot afford to have a party for their child. Every child is worth celebrating.

A very special thank you to the following credit unions for participating in this year’s contest, partially funded by Friends of Consumer Freedom:

  • FirstLight FCU
  • GECU
  • InTouch CU
  • Muskogee FCU
  • North East Texas CU
  • Resource One CU
  • Texas Bridge CU
  • Unity One CU

Select classrooms worked with their partner credit unions to create a complete business plan and then presented those plans to an impartial local panel of judges. Only one presentation from each credit union could be submitted for final competition.

As the winner, the Sageland Elementary School class will receive a classroom celebration of their choice, a celebratory banner for the classroom, and a beautiful crystal award for their teacher.

Educator Bernice Chavez will also receive a $250 gift card. GECU will receive a $1,200 grant to purchase Biz Kid$ box set DVDs for schools in their area.

“We are thrilled with the continued success of this program and grateful to Friends of Consumer Freedom for the opportunity," said Foundation Executive Director Courtney Moran. "Students, educators, and credit unions collaborated in a meaningful way; and drawing on each other’s strengths, all classrooms came up with creative and detailed business plans. I’m confident this experience made an impression on students, and having gone through this exercise, they have a better sense of what it takes to be a successful entrepreneur. Perhaps more importantly, they understand how important it is as a consumer and small business owner to have that credit union relationship."