Shields: There isn't an age limit on budding entrepreneurs
The Business Journal of Midcentral Illinois recently celebrated its annual 20 people under the age of 40 who are making a difference in the Decatur, Ill., community for its August 2017 edition. As part of the edition, Julie Shields, director of the Center for Entrepreneurship at Millikin, weighed in on how old must someone be to be an entrepreneur, and to think creatively, demonstrate value and capitalize on that value.
"There are many enterprising youths who have lawn mowing businesses, make jewelry, 3D print Minecraft characters and sell pasture raised eggs," said Shields.
One example Shields references in her editorial is a local student entering high school this fall who began selling her artwork at two years old. Last summer she generated over $650 in revenue selling her artwork. The student has developed a social media presence, has exhibited at an international art show, and has received scholarships to a collegiate art camp.
In recognition of high school students whose ideas and accomplishments are inspirational, Millikin University, Illinois State University and Pontiac Township High School are partnering to present the 3rd annual Celebrating High School Innovators Competition (CHSI). The competition identifies, fosters and celebrates high school innovators in the state of Illinois whose contributions are exceptional.
"The program was picked up this year by Millikin and Illinois State University and, similar to the Business Journal, this statewide innovation program is looking for the 30 under 20 in Illinois," said Shields. "And, we are proud that Archer Daniels Midland Co. (ADM) is a key sponsor of the program through an ADM Cares grant. Other corporate sponsors and supporters include Nicor Gas and Enbridge, both in the energy sector."
Shields added, "CHSI does not require its high school participants to become entrepreneurs, but it does exactly what the title says: it celebrates high school innovators. Innovation can lead to entrepreneurship, and it certainly can lead to solving problems. It's up to the entrepreneurs to commercialize it."
During the CHSI, students may apply under one of five categories: Arts, Media & Literature; Business Entrepreneurship; Health & Nutrition; Social Entrepreneurship; and Science, Technology, Engineering & Mathematics (STEM). Applicants compete in four rounds of competition, with final awards given for five $1,000 cash prizes and university scholarships.
CHSI will also award a High School Innovation Grant to one of the schools of a competing student.
High school students in Illinois, entering grades 9-12 for the 2017-2018 school year, who have implemented innovative ideas are encouraged to apply. Official rules, dates, and application information can be found at chsinnovators.org.