New Lenox Young Entrepreneur's Fair
Applications are closed
RSVP as a shopperFor more information please visit our Facebook Page https://www.facebook.com/groups/newlenoxyef or send us and email. NewLenoxYEF@gmail.com. All emails for the fair will only come from this email address
Robert Arnold
🗓️ Started hosting in 2020
✅ Identity verified
⭐️ 4.6 (22)
Chris Arnold (15) of New Lenox started this show when he was 9 looking for a way to get other kids interested in being and Entrepreneur. He set up a meeting with the Mayor of New Lenox asking for assistance. The village graciously asked if Chris could set up the vendors for the Play Day in the Commons. (a free day of fun for kids) Chris has been working at growing the fair and this will be the 6th annual fair. Chris is a Life Scout and Patrol Leader in Scouts BSA Troop 49, runs a Chess Club for Rainbow Council, , attends Lincoln Way Central High School where he is in the School Musical, Chess and Spanish clubs. He has also run his own business Elementary Woodworkers since 2018. He has participated in 50+ shows in multiple states over the years.
Frequently asked questions
What is the Acton Children’s Business Fair?
The Acton Children’s Business Fair inspires children to discover their inner entrepreneur. The largest entrepreneurship event for kids in North America, this one-day market gives children the opportunity to showcase their very own businesses.
How many businesses will you accept?
We will accept up to 55 businesses. If interested email us at NewLenoxYEF@gmail.com to be put on the waitlist.
Where should I begin?
Start with our resources page. Read inspiring stories about other young entrepreneurs and play games to hone your business skills.
How do I apply? Can I apply as part of a group?
Application 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. We usually open the application process in March of each year, with acceptances starting to come in April.
What is on the application?
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?
What if someone else has the same business idea?
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.
How will the fair be set up?
The fair will be a outdoor event with booths. Each business will be have a booth, We will be out side and have plenty of space. We will be on Veterans Parkway in front of the Police Department. We are not able to accommodate businesses requiring electricity.
What are the rules?
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 the competition.
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, but we expect the children to do as much as possible by themselves.
All products must be made by the child. We do not allow any resale. This is not a garage sale. If we notice resale items at your booth you will be asked to remove them immediately. If we have to ask a second time, you will be asked to leave and not considered in following years.
How did the Acton Children’s Business Fair get started?
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.
Cost is $20 to join the fair.