Eight high schoolers from The Seed School of Los Angeles (Seed LA) converged on 10X HQ to attend the second-ever 10X Kids Pitchoff. These entrepreneur-hopefuls pitched their businesses to a panel of elite judges and the 3 winners walked away with over $20,000 in funding.
AVENTURA, Fla., May 21, 2023 /PRNewswire-PRWeb/ -- The Grant Cardone Foundation and a non-profit partner Tumaini DC, treated eight high school students from Seed LA to a complimentary flight from Los Angeles to Miami to pitch their businesses at 10X Headquarters. The students spent months preparing for this opportunity. Out of the eight contestants, three would walk away with cash prizes to build their budding businesses. These entrepreneurs
The all-star judges included two Cardone Enterprises staff members: Sheri Hamilton, Chief Operating Officer, and Robert Hamilton, Director of Marketing Operations, as well as Gloria Mayfield Banks, international speaker and entrepreneur.
Prior to pitching their businesses, Sheri Hamilton reminded the students: "It is okay to dream as big as you ever wanted to dream. You don't have to keep it down today. You don't have to keep it tight today. You can just let it go today. This is a safe spot for dreams and this is a place where we love to see dreams come true."
Following the presentations and deliberation, the panel of judges chose three contestants to win 1st, 2nd, and 3rd place. But the three winners were in for a surprise. When they were called to receive their checks, the judges tripled their winnings, crossing off the initial winning prize from their checks and filling in the new amounts: $10,000 for 1st place, $7,000 for 2nd, and $5,000 for 3rd.
Freshman Aline Argueta, won second place pitching a pop-up coffee shop that focused on providing healthy food and beverage options to health-conscious consumers. "This is a great opportunity," Aline explained, "I just want to say 'thank you' to everyone who believed in me. This is a dream of mine… with this [cash prize], I'm really going to do it."
After receiving their checks, the winners were greeted by Grant Cardone, Founder of the Grant Cardone Foundation, in a surprise appearance at the event. While only three contestants took home a cash prize, Mr. Cardone gave every participant a free year of membership in Cardone University, an online platform for business and finance education. At only 14-15 years old, these exceptional students are a powerful reminder of the potential every child possesses. Given the proper mentorship and support, they can turn that potential into reality.
Portia Richardson, Founder and CEO of Tumaini DC, expressed her gratitude for Grant Cardone and the Grant Cardone Foundation. Mr. Cardone was there from the very beginning, she explained. When she first pitched Tumaini in a room full of investors, Mr. Cardone rallied people around her. But he was the only one who kept his promises to support her initiative.
"That's why I really respect Grant Cardone. I respect the Grant Cardone Foundation and the work they do because their words and actions are aligned. They're really doing the work to make an impact," Ms. Richardson said.
The Grant Cardone Foundation looks forward to a continuing partnership with Tumaini DC and seeing how the young entrepreneurs of Seed LA will build businesses that change the world.
For more information visit: https://grantcardonefoundation.com/
About The Grant Cardone Foundation: The Grant Cardone Foundation is an international non-profit organization invested in helping youth in our communities reach their full potential. Entrepreneur and best-selling author, Grant Cardone, created the foundation as a result of experiencing the traumatic loss of his father when he was only ten years old. Growing up without a father figure in his life affected him emotionally, socially, and academically. So he has made it his mission to help young adults who may need life and career guidance, just as he once did. The foundation partners with community organizations, municipal agencies, corporations, and other non-profit entities to help deliver energy and educational resources to kids in need.
About Tumaini DC: Tumaini DC is a 501(c)(3) non-profit organization that designs and facilitates transformational social and emotional learning curricula and experience. The Tumaini Way uses a unique research-based SEL curriculum, school-based program, and implementation model to transform climate and culture in schools and community-based organizations in the US and abroad. They aim to transform communities and schools through culturally responsive, trauma-informed, and healing centered social and emotional learning curricula, programming, and training for youth and adults.
About The Seed School of Los Angeles (Seed LA): Seed LA is LA County's first college-prep boarding school that provides students with a pathway to college and career readiness by engaging in computer sciences, engineering, and studies of systems and societies through transportation infrastructure. Students engage with a rich curriculum across all content areas grounded in close reading, writing, and critical thinking skills. Students enjoy ample extracurricular activities such as athletics, dance, robotics, gardening, and engineering. Seed LA partnerships offer a wide range of learning experiences such as international trips, internships and community service-learning projects that contribute to college readiness and success.
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SOURCE Grant Cardone Foundation
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