Jane Layman and Richard Love

2015
Scottdale, PA
Southmoreland Middle School
First Place Winner
$27,000

Layman and Love’s innovative teaching idea, “Shark Tank 7th Grade Style,” is focused on allowing students to experience what it's like to be entrepreneurs by merging business and technology to inspire students to one day start their own business. The two teachers will give students the opportunity to see what it's like to develop an idea from scratch, create and design a new product, calculate the financials to market and sell that product, and finally present the product to a group of potential investors exactly like the popular ABC television show Shark Tank. The students will be required to produce at least 10 prototypes of their product, pull together financial statements, build a presentation, and actually present the information to a panel of five “sharks” from the community, asking for a "deal" — or percent stake in their company.