Guam - Junior Achievement of Guam launched its company program for the school year at the Harvest Christian Academy School Gymnasium in Toto today. The JA Company program is an after school effort only for high school students and gives them the opportunity to experience the risks and rewards of entrepreneurship.
JA board chairperson Meg Tyquiengco, "So what's happening is those ten companies will have about 25 to 30 students with them and over a 15 to 18 week program, they're basically going to build a company, sell stocks to get their capital built up, create a product, sell it and there will be a trade fair competition so we can figure the break even points and investments etc. and then they're going to liquidate the business," she said.
JA has been around for 35 years and teaches students about work readiness, entrepreneurship and finance literacy.