• flex

     

    What is FLEX? 

    FLEX stands for Fitzgerald Leadership & Entrepreneur X-perience

     

    PURPOSE:
    To create prosperity and revitalize Fitzgerald’s entrepreneurial ecosystem through the education of Fitzgerald High School College and Career students on the rewards, sacrifices, and processes incurred in the establishment of small businesses.

     

    OVERVIEW:

    Round 1: Student entrepreneurs form teams, referred to as companies, and submit a business plan application to be judged by a panel of local business leaders. It will be a blind submission process. Out of the initial applicants, 10 will be selected to advance to the next round. Applications are due October 18th and can be turned in to the Guidance Counselors’ office. Business Plans must be submitted by November 5th. The top 10 companies will be announced on November 11th.

    Round 2: The selected 10 companies will receive a $100 loan for seed money. They will then operate their businesses for 11 weeks, while participating in workshops and completing assignments that will provide tools to increase the success of their business. At the end of the 11 weeks, companies will complete a business evaluation and submit their financial statements for review by a non-local panel. Financial statements and business evaluations will be due January 18th. Three companies will be selected to advance to the next round. The top three will be announced on January 26th.

    Round 3: The top 3 companies give a “Shark Tank” style business pitch to a panel of judges made up of non-local business leaders in front of friends, family, and their peers in the Grand Theatre on March 15th.

     

    AWARDS:
    1st Place Team: $5,000 cash and prizes

    2nd Place Team: $3,000 cash and prizes

    3rd Place Team: $1,500 cash and prizes

    1st Place Advisor: $500

    2nd Place Advisor: $300

    3rd Place Advisor: $150

     

    RULES:
    ● Companies must be composed of 1 to 3 students. All team members must be current students at FHSCCA or Irwin County High School.

    ● Companies must have an advisor from Ben Hill or Irwin County School System.

    ● The competition is open to 9-12 grade students.

    ● Former FLEX champions may not compete again, but finalists are eligible.

    ● Companies must pay back their $100 loan to be considered for Round 3.

     

    DISCLAIMER:
    The opinions and decisions made by the panels of judges at each round of the competition are final. The opinions of the judges are independent of FHSCCA, Irwin County High School, FBHCDA, Fitzgerald-Ben Hill County Chamber of Commerce, and the sponsors of FLEX.

     

    TIMELINE:

    • October 18 Applications Due
    • October 22 Virtual Business Plan Workshop
    • November 5 Business Plans Due
    • November 9 Round 1 Judging
    • November 11 Announce Top 10 Companies
    • TBD Workshops
    • January 18 Financials Due for Round 2
    • January 25 Round 2 Judging “Pitch Day”
    • January 26 Announce Top 3 Companies
    • March 8 Financials Due for Round 3
    • March 15 Round 3 Judging “FLEX Day”