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Innovative individuals who seek opportunities to create a new product or service (or find new ways of improving existing products and services), are called business entrepreneurs (BEs). The primary goal for most BEs is to create new wealth by starting and operating profitable businesses. The first two judging criteria by which a SAGE high school team is evaluated are based on their business ventures.
Judging Criterion #1:
In their annual report and verbal presentation, how effective were the students in demonstrating that they: planned and operated at least one new, for-profit business; in doing so, the students show that they have learned about entrepreneurship and business, and have been able to apply their knowledge and skills to plan and implement their business.
Interpretation: How effective were the individuals on a SAGE team (e.g., solo entrepreneurship) and/or how effective was the team in total (e.g., group entrepreneurship) in creating and implementing something new and innovative THIS YEAR? Some schools allow students to complete real entrepreneurship activities, as part of their class activities or as part of co-curricular activities. However, other schools are precluded from doing “real” business, so they must create a “virtual” business or a hypothetical business.
Judging Criterion #2:
In their annual report and verbal presentation, how effective were the students in demonstrating that they: planned and operated at least one continuing, for-profit business; in doing so, the students showed that they have learned about entrepreneurship and business, and have been able to apply their knowledge and skills to plan and implement their business.
Interpretation: How effective were the individuals on a SAGE team (e.g., solo entrepreneurship) and/or how effective was the team in total (e.g., group entrepreneurship) in creating and implementing an existing business from a prior year or years? This criterion is explicitly designed to encourage teams to SUSTAIN their most effective programs.