What is IDEA Tank for Kids? IDEA Tank for Kids is the nation’s hottest event that gives young inventors (kids age 8-13) with budding ideas an opportunity to become entrepreneurs!
Why was it created? After Lowey’s book series launched in 2019, she saw first-hand the excitement kids had over entrepreneurship. And as an MBA from the Tuck School of Business at Dartmouth, Lowey recognized that the great lessons of entrepreneurship shouldn’t wait until we are adults. Kids want to and should be learning about it now! So, inspired by the hit television show “Shark Tank”, Lowey created a unique version of an entrepreneurship competition just for kids and named it IDEA Tank for Kids.
How does it work? Each “contestant” gets a chance to pitch his or her idea to a Judge who are successful executives and entrepreneurs from the community. Finalists from each Judge team compete for big cash prizes at the end. Each kid receives valuable one-on-one time with individual Judges as well as an experience they will never forget.
10 GOALS OF IDEA TANK FOR KIDS
1.) Inspire Creativity.
2.) Encourage risk-taking, a key attribute among successful entrepreneurs.
3.) Build Resilience. Failure is an important reality of entrepreneurship. Fail, learn, move on.
4.) Develop Communication Skills. Entrepreneurs need to know how to pitch and sell their idea.
5.) Maintain Focus. Good ideas have focus and solve problems.
6.) Encourage Collaboration. Great leaders work well with others.
7.) Build Self-reliance. You can do it.
8.) Identify good ideas and provide those kids with guidance to grow them.
9.) Have fun.
10.) Think big ideas.
When and where is it? IDEA Tank for Kids launched in Chicago’s North Shore in July 2019 and will return to Chicago in Summer 2020. We are planning to expand IDEA Tank for Kids to new markets and are currently looking for sponsors now. To learn more, contact Lowey.
Can you customize IDEA Tank for my School or Company? Yes! Bring this unique experience to your students or employees and their children. Lowey will create, coordinate, and host a customized IDEA Tank for Kids. To learn more, contact Lowey.