Welcome to the Young Entrepreneurs' Challenge !
A remote farmhouse or a downtown high-rise -- geographic location is no longer a barrier in today's business world. With new technology such as the internet and wireless communication students have access to information no matter where they live. The Manitoba Research Institute (MRI) was created by the Manitoba Chambers of Commerce to give every student in Manitoba the opportunity to learn how business, planning and technology work together. With partnerships and support from business, government and the education system, MRI offers Manitoba students a unique learning opportunity.
Interactive Learning
Experience is a great teacher. Students in the MRI learn by making decisions about pricing, marketing, research, capital expenditure, production, inventory and dividends - all the daily decisions made by real executives - through the Young Entrepreneurs' Challenge, a business game using computer simulation. Decisions made by each team have a direct effect on the industry as a whole. Along with daily business decisions, teams have to adjust for taxes, investment credits and seasonal trends. Teachers and mentors help guide students through the Young Entrepreneurs' Challenge by including it in the curriculum or as a special project. A teacher support guide and manual is available and online support is provided from experienced teachers and the game administrator.
Game Highlights
No Registration Fees
Enter as many teams as you like for semester one or two. Only one team per school will be eligible for the Grand Challenge. Selections based on financial results.
Semester System
Game One will run during Semester One, October to January.
Game Two will run during Semester Two, February to April.
Burseries
Every student will be entered in one of eight draws for a $500 bursary for post-secondary education in Manitoba. Students must participate in at least three decisions in order to qualify.
Grand Challenge
And just like the real world, there is a reward for the student's hard work. The most profitable companies (teams) go on to compete in the final Grand Challenge.
- First Prize: $2000
- Second Prize: $1000
- Third Prize: $500
Team work, practical business decisions, competition and rewards combine to make the MRI's Young Entrepreneurs' Challenge a truly unique learning experience.
Interprovincial Challenge
Trans Canada Pipeline also supports the development of these young business students through the Interprovincial Challenge. The top four teams from Manitoba and Saskatchewan have a final competition for cash prizes and trophies presented at the Grand Challenge in Manitoba.
- First Prize: $1000
- Second Prize: $500
Recent Winners
Swan Valley Regional Secondary
- Kirby Kern
- Riley Laychuk
- Corrine Klekta
- Jenna Koutecky
- Teacher: Byron Ross
