February 17, 2023
Upper School students were invited to participate in a new initiative across all BASIS Independent Schools introduced earlier this year.
BASIS Means Business encourages our students to create and innovate as they develop an entrepreneurial business idea and present it in a Shark Tank-style competition.
One finalist from each network school will compete in the finals on Saturday, Feb. 25 (held via Zoom) and the winner will receive $10,000 toward their charity of choice.
On Wednesday, Feb. 15, Pierce B. (’24) and Scarlett S. (’24) presented their ideas to the Upper School student body and our three judges.
The panel of judges included Kirk Murphy (Intro to Business elective teacher), Paul Kim (Wildcat parent and businessman), and Ms. Ermakova (Subject Expert Teacher, Math & Economics).
The presentations were on:
Biowrap – an eco-conscious replacement for plastic wrap (Pierce)
GardEco – Gardens for the urban home (Scarlett)
Both students showed impressive composure and professionalism. As far as the judges were concerned, high marks for both students were given regarding their public speaking. During the Q&A portion, the judges didn’t hold back from asking critical and pointed questions not to be too harsh but because they saw the potential in the students and their ideas. For example, they challenged the students about R&D, the cost of having a zero-carbon facility, and how to monetize online content behind a paywall.
The benefit of this project extended beyond the participants to the audience of high school students. The presenters demonstrated to their peers what it means to lead and set the tone for future competitions. It is clear that while marketing strategies and overall business acumen will always grab everyone’s attention, the foundation of success relies on the manner in which you present yourself and your ideas.
…and the Wildcat advancing to the BASIS Means Business finals is:
Now, the judges agreed that Scarlett has what it takes to go against her competitors from BASIS Independent Brooklyn, McLean, Fremont, Silicon Valley, and Bellevue and bring home the big prize. She has access to all of the resources and support offered by the BASIS Independent Manhattan community to prepare her for success. We look forward to the finals this month, but even more, we are eager to watch this program grow over the years to come.