$10 Challenge

Ready to unleash your inner entrepreneur?

The $10 Challenge is an exciting opportunity for students in grades 6-12 to create and launch your very own business with just $10 of your own money! Running from October 1, 2024, to April 4, 2025, this unique program will spark your creativity, sharpen your business skills, and let you turn a small investment into a big idea.

Work independently to build your venture, then share your success story for a chance to win cash prizes and other awards! Don’t miss out on this chance to showcase your skills and see how far your $10 can take you!

Key Dates:
Program and Registration Start Date: October 1, 2024
Submission Deadline: April 4, 2024
Winners Announcement: April 18, 2025
Winners Celebration: May 2025 (Location and Date TBD)

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Participation Requirements:

Eligibility: Oklahoma Students in grade 6-12
Initial Investment: Each student uses $10 of their own money to start their business.

Project Submission:

A PowerPoint or Google Slides Presentation detailing the business venture, including:
Descriptive story of the business.
Timeline of activities.
Personal response to “What did you learn through this experience?”
A completed financial tracking form: OCEE $10 Challenge_Submission Form 24-25 edition

Submission Method: Email entries to jauten@uco.edu by April 4, 2025. Many students’ school emails do not allow emails to be sent to an outside email address. Students may need to send via their personal or parent/guardian email.

Incentives:

$1,000 in prizes to be awarded to winning students.
Teacher Incentive Gift Cards: Teachers will receive a $25 Amazon gift card for each student who signs up and another $25 Amazon gift card when the student submits the final project.
Certificates and medallions for students and Classroom Banner for teachers and School.

All interested students, please register to get started and stay up to date with information and receive check-in reminders: $10 Challenge Student Registration

Teacher Information

Do you have students who have an entrepreneural mindset? Introduce them to the $10 Challenge. The program offers a unique opportunity for students to explore entrepreneurship with minimal risk and high rewards. By participating in this pilot program, students will gain valuable business skills, experience the challenges and triumphs of entrepreneurship, and have the chance to win significant prizes and recognition.

Our sister council, Economics Arkansas, has created a series of videos and lessons that spotlight the story of entrepreneurs who were ordinary individuals that did extroadinary things in the world of business. We love them and we know your students will to, check them out: iNSPIRE Lesson Series.

$10 Challenge aligns with the following Oklahoma State Department of Education courses, topics and events:

DECA, Inc.

Start-Up Business Plan (ESB)
Virtual Business Challenge (VBCEN)
Innovative Plan (EIP)
Independent Business Plan (EIB)
Entrepreneurship Series (ENT)

CareerTech

Entrepreneur (0911)

Future Business Leaders of America (FBLA)

Virtual Business Management Challenge
Business Financial Plan
Securities and Investments

$10 Challenge

Ready to unleash your inner entrepreneur?

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Teacher Information

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