Experiential Learning

The Business Challenge

With the goal of using economic theory to solve real-world problems, students in AP Macroeconomics/Microeconomics participate in the Miami Herald’s Business Plan Challenge. Working in teams, students identify market problems, generate products or services that solve them, develop strategies for taking their solutions to market and prepare financials required for any business plan. RE has won the competition twice and finished in the top three several other years. After the competition, students present their plans to a panel of entrepreneurship experts and receive feedback on their ideas, execution and presentation.

Since 2014, RE students have also competed in the South Florida Private School Business Challenge to benefit the Network for Teaching Entrepreneurship. NFTE, a non-profit organization, provides training for young entrepreneurs in underserved communities.


List of 2 news stories.

  • Diya Tekriwal ’22 and Dhilani Premaratne ’22

    Juniors are business plan champs – again

    Three weeks after winning RE’s annual business plan challenge, Diya Tekriwal ’22 and Dhilani Premaratne ’22 competed against 10 South Florida independent schools at the Innovate South Florida 2021 business competition on April 14.

    Once again, the pair earned first-place honors for their plan for HobbyBox, a monthly subscription box that would bring new hobbies to a customer's doorstep.
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  • Diya Tekriwal ’22 and Dhilani Premaratne ’22

    HobbyBox prevails in RE Business Challenge

    Diya Tekriwal ’22 and Dhilani Premaratne ’22 won first place in the eighth annual Ransom Everglades Business Challenge for their plan for HobbyBox, a monthly subscription designed to introduce teens and young adults to new hobbies. The pair topped a field of five finalist teams in the March 23 livestreamed event and the more than 40 that began the 2020-21 competition.
    Read More
Coconut Grove, FL 33133
Middle School2045 South Bayshore DriveTel: 305-250-6850
Upper School3575 Main HighwayTel: 305-460-8800
Founded in 1903, Ransom Everglades School is a coeducational, college preparatory day school for grades 6 - 12 located on two campuses in Coconut Grove, Florida. Ransom Everglades School produces graduates who "believe that they are in the world not so much for what they can get out of it as for what they can put into it." The mission of Ransom Everglades School is to provide an educational environment in which the pursuit of honor, academic excellence and intellectual growth is complemented by concern for the physical, cultural and character development of each student. The school provides rigorous college preparation that promotes the student's sense of identity, community, personal integrity and values for a productive and satisfying life, and prepares the student to lead and to contribute to society.