St. Croix Economic Development Corporation (EDC) presented a $1,000 grant to Summit 58, the Glenwood DECA School Store, on Friday, September 22, 2017.
Earlier this year, the EDC received a $1,500 grant from Momentum West, a 10-county economic development marketing organization serving west central and northwest Wisconsin. Activities funded through the grant were tied to supporting entrepreneurial efforts in St. Croix County. The EDC assisted Summit 58 in Glenwood City and the Young Entrepreneurs Academy offered through the Hudson Area Chamber of Commerce.
The grant to Summit 58 provides students with an opportunity to take an active role in entrepreneurship. Students learn and experience management, supervision, leadership, advertising strategies, inventory control, sales-marketing, purchasing, and inventory control. Students actively survey the market, identify merchandise to purchase, work with vendors on the selection and design of merchandise, make final purchases, determine promotional activities, take inventory, price items using calculations like a break-even point, determine a return on investment, and monitor and track sales from customers.
The Glenwood grant request was submitted by Carrie Hentz, Glenwood’s DECA advisor. She teaches marketing and business and is a technology coach. “This grant provides students with a true business model learning experience,” said Hentz. “I am so thrilled that the students will have the opportunity to take what they learn in class and experience firsthand the challenges and opportunities business owners face.”
Summit 58 specializes in Glenwood City’s sports apparel, including sweatpants, sweatshirts, t-shirts, and hats. Emma Scholler is the store manager.
The DECA officer team in Glenwood City includes Makayla O’Brien (President), Melina Schultz (Vice President), and Biridiana Leandro-Mendez (Activity Chair).
DECA is a global organization that prepares emerging leaders and entrepreneurs in marketing, finance, hospitality and management in high schools and colleges.