Calhoun VE Students Place Top 6 Nationally, First in State at Youth Business Summit

Students from the Virtual Enterprise program at Calhoun High School showcased their financial expertise on a national stage at the Youth Business Summit, held on April 22 at the Javits Center in New York City.
The annual convention brings together thousands of budding young professionals around the world for a one-of-a-kind global convention. More than 200 exhibitors representing 13 states and seven countries participated in this year’s summit, including both student-run Virtual Enterprise firms and real-world businesses.
Representing Calhoun High School, students Alexa Addonizio, Jack Gunn, Sanjay Singh, and Olivia Tristaino earned a place at the National Finance Competition after developing an outstanding financial plan for their student-run business, SunBeat. Their work ranked among the top 40 in the nation, qualifying them for the prestigious national event.
SunBeat is an innovative student-run company focused on enhancing outdoor experiences through high-performance insulated coolers equipped with built-in waterproof Bluetooth speakers, solar-powered charging, and a connected mobile app that allows users to play music and control temperature with ease. Committed to sustainability, the company has partnered with Long Beach Clean Up to support environmental efforts within the local community. Driven by a mission to combine convenience, quality, and eco-conscious design, SunBeat aims to keep drinks cold, music playing, and adventures powered by the sun. The students are guided by their business teacher, Jenna Tumminelli.
Competing against top teams from across the country, the group advanced through two competitive rounds to reach the finals. Their impressive performance earned them a Top 6 national finish and the distinction of placing first in New York State in the National Finance Competition.
The National Finance Competition challenges teams to demonstrate their ability to make sound financial decisions that support business sustainability and growth. Participants determine how capital will be raised and allocated, using research and realistic projections to estimate profitability.
