Genius Brands International, the creators of Warren Buffett’s Secret Millionaire’s Club, announced the winners of the 4th annual Warren Buffett’s Secret Millionaires Club Grow Your Own Business Challenge, sponsored by the Fairholme Foundation. The Individual Winner is Miroslav Bergam, 14, of Short Hills, N.J., and the group winner is Team Keep Track Sticky Back, consisting of Emily Harkins, 12, and Bryn Hansen, 11, of Omaha, Neb.
More than 4,000 kids from all over the country entered their innovative business ideas for a chance to win $5,000 and meet Warren Buffett, who also awarded all of the finalists with 10 shares of Berkshire Hathaway B Stock. The two winning ideas were picked on the basis of creativity, entrepreneurship, and ingenuity, and are available to view at www.smckids.com.
Miroslav’s winning idea was Beyond the Books. He developed a free education website that offers educational courses for students anywhere in the world.
Team Keep Track Sticky Back’s grand prize winning entry is a plastic pouch with pockets that helps organize people by having a sticky back to the pouch that will attach to anything.
The program and competition were created to encourage kids to be entrepreneurial and practice good financial habits from an early age. The competition, sponsored by the Fairholme Foundation to further its mission of improving financial education, launched on October 20 of last year, and ended on January 31.