CEDAR invites you to select a minimum of two and a maximum of five students from 9th-12th grades to compete as your school’s Team in the CEDAR Entrepreneurial Coal Lands Redevelopment Program.
The Team’s task is to identify a specific community need/opportunity and through the development and creation of a Business Plan address such need/opportunity to help improve the quality of life in the community.
Once the Team members have been selected, a Team Captain should be selected, who will be the student representative for the Team in addition to the Coach and any Assistant Coach that might be selected.
*NOTE* The Team Roster that is submitted on October 18th will be considered official and final, with no additions to it permitted throughout the remainder of the program relative to any cash awards that the team might earn. Only those students listed on the roster submitted on October 18th will be eligible for any cash award or other recognition).
Once in place, the Team will choose one of the following on which to base their Business Proposal:
Identify a specific need or opportunity within your community and create a business concept that will address such need/opportunity;
Select a previously mined site that has either been abandoned, with/without existing infrastructure, or has been reclaimed, both of which are currently lying dormant with no current productive activity;
Develop a site profile relative to previous coal mining activity, such as: identity of various operating companies; estimated tonnage produced; the different uses of the coal, i.e. (steam-electric generation, industrial or metallurgical-steel making), benefits that the site has provided the surrounding community, region, and state through employment, taxes generated, any philanthropic acts, or other. (Quantities on a best available/estimated basis will be acceptable);
Develop a Business Plan that will use the site as the location to construct a business enterprise, i.e. retail, industrial, energy, service, or other that would contribute to meeting the specific need/opportunity;
Identify benefits that will be realized by various stakeholders: residents, local businesses, employees, visitors, county/state governments, et.al.
Develop a concept for a new use of coal by either developing a new technology, or by improving an existing technology; or
Develop a new concept for the processing/burning of coal that would significantly increase its acceptability relative to environmental concerns;
Develop a new concept for a safer and/or improved method for the mining of coal; or for the reclaiming of coal lands;
Create a Business Plan for the creation, development, and marketing of the new concept, with the location of the enterprise being at a previously mined site that has either been abandoned, with/without existing infrastructure, or has been reclaimed, both of which are currently lying dormant with no current productive activity;
Identify benefits that is expected to be realized on the local level, i.e. employment, community businesses, local and state taxes, et al;
Identify benefits that is expected to be realized by your customers and their customers by using your product or service.