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.