TN Virtual Enterprises International™
Pioneered in New York City high schools, and based on the European concept of practice firms, the Virtual Enterprises International Program offers students the opportunity to experience, in a simulated business environment, all facets of being an employee in a firm. Students run simulated offices in their schools and engage in trading of virtual products with other VE programs both nationally and internationally. This unique program has drawn national attention as an applied learning instructional model for business, economics, finance and career education.
In the 2002-2003 school year, Cindy Boyd established the first Virtual Enterprises program in Tennessee. Two years later, Cindy Boyd as Director, Kay Nixon representing the Rutherford County School District and Blackman High School in partnership with the TN Department of Education established Tennessee Virtual Enterprises International Central Office under the guidance of VE Central Offices in New York City. At this time, 52 high schools in the state of TN, encompassing 59 firms, include VE in their curriculum offerings.
TN Virtual Enterprises International receives support from corporate business partners. These partners provide direct assistance to VE students, schedule visits to their corporations, help students design trade fair booths, serve as judges for business plan, product catalog and web site competitions and provide scholarships to VE students. Continuing support has been received from The Tennessee Business Roundtable, Tennessee Small Business Development Centers throughout the state, and the Jennings and Rebecca Jones Foundation. On the national level, Deloitte & Touché gives constant support and funding to make business plan and trade fair competitions available for students. Rutherford County Schools sponsor the state Business Plan Competition, and the Technical Workshop for students. An International Trade Fair will be held each year in November.
The goal of TN Virtual Enterprise is to combine motivation and essential skills necessary to manage career advancement in business and communication. The program has a positive influence on student’s career preparation, and gives them a realistic view of the business world.
The mission of this program is to provide students with a broader national and international perspective of real business practices in a virtual world.