Children's Business Fair - Stokesdale
Saturday, May 22, 2021
1:00PM - 4:00PM
Up to 24 businesses
This fair has ended
Meredith Carlton
🗓️ Started hosting in 2018
✅ Identity verified
⭐️ 5.0 (7)
2 booths participating
I named my company “Baby Cakes by Anna” as a reference to my young ...
Art
Frequently asked questions
The Acton Children’s Business Fair is the largest entrepreneurship movement for kids in North America, and inspires children to discover their inner entrepreneur. Each fair is a one-day market which gives children the opportunity to showcase their very own businesses.
Watch this video (https://vimeo.com/267606528) about CBF to be inspired!
Step 2: Come up with a business idea (https://static1.squarespace.com/static/560974a2e4b0fac64a5adece/t/5a9eaa320d9297fd81b07694/1520347699422/101+Kids+Business+Ideas.pdf) (it could be a physical good like original artwork, homemade candles, jewelry, etc.; or it could be a service like selling punch cards for future dog-walking or lawncare).
Step 3: Register your business for the fair.
Step 4: Prepare your brand, product, and display.
Step 5: Come set up shop at one of the booths at the Children's Business Fair in Stokesdale on Saturday, May 22nd!
Applications must be submitted online. Please submit one application for each business. Children working as a group should submit one application that includes each child’s information. No more than 3 participants per business.
The application asks kids to think through some simple, but important elements of their business:
What product or service do you plan to sell?
What price will you charge for each product/service? How much will each product/service cost you?
How will you pay for your startup costs? If someone is helping you with your startup costs, how will you pay that person back?
How will you advertise/market your business before the fair?
At the end of the fair, how will you determine if your business was a success?
There is a $5 Registration Fee for each participating business. Young Entrepreneurs should include this as part of their "start-up" costs when calculating their profits at the end of the fair.
Two cupcake businesses? Not a problem. In general, we will let market forces play out, though we will let later entries know if another applicant has a similar idea so the later entrant can decide what to do.
The fair will be an outdoor event with booths. Each business will be given a booth with a 6-foot table and 2 chairs. We encourage entrepreneurs to bring their own table cloths and creative displays. *We also recommend bringing a pop-up canopy for some shade.*
This event is designed to give children the experience of selling a product or service. If a parent is found selling or promoting a child’s product or service, their child’s business will be disqualified from receiving awards.
Parents of younger children may sit in the booth, but the children should be responsible for set up, customer interaction, and sales.
Parents may help their child fill out the application and set up their Venmo (https://help.venmo.com/hc/en-us/articles/115010772908-Personal-QR-codes-on-Venmo-FAQ#:~:text=When%20you%20open%20the%20scanner,email%2C%20printing%2C%20and%20more.) QR Code, but we encourage the children to do as much as possible by themselves.
See out Participant Information (https://www.yumpu.com/en/document/read/65626500/cbf-stokesdale-participant-information-1) sheet for more details.
Jeff and Laura Sandefer and a few other families wanted to spark a sense of wonder and entrepreneurship in their children so they created the first Acton Children’s Business Fair in Austin, Texas, in 2007. That year there were seven entrepreneurs and around 25 attendees. Now, there are over 115 entrepreneurs and 1,500 attendees at the Acton Children's Business Fair in Austin.
What precautions are you taking to reduce the risk of spreading COVID-19?
Our event is outdoors, and the tables will be spread out to allow lots of space between businesses and customers. Each of the businesses will use a Venmo QR code to accept mobile payments for touch-free transactions.