Each June and July, hundreds of students from across the country (and sometimes around the world) gather for the annual Free Enterprise Leadership Challenge summer program.
Registration for summer 2015 programs will open in January 10th, 2015. This year’s programs will be held at Wingate and Campbell Universities (North Carolina), The Kings College (New York), and Palm Beach Atlantic University (Florida).
When and where does FELC take place?
The summer program is always conducted at colleges and universities. Students reside in supervised dorms during the week and eat in university cafeterias.
What do students learn?
Rather than relying on traditional lecture methods, FELC offers a unique opportunity to experience business through fun activities that have practical application. The core activity of the week is a company competition. Students form start-ups and are responsible for getting their companies running and turning a true profit. Just like any new company, students must work to write business plans, create commercials and keep accounting records. This fast-paced activity is supplemented with activities that help all future entrepreneurs. Debates, speech contests, and daily speakers round out a busy week.
Who can attend FELC?
If you will be in 10th, 11th, or 12th grade at the start of the school year you are eligible. Students should also have demonstrated a capacity for leadership, be interested in free enterprise and be ready for a challenge. No business experience is required, but students should be willing to work.
How do students apply and how much does FELC cost?
A registration fee is due for each accepted student. This fee will cover activities, housing and all meals. Payment must be received before applicants will be formally accepted. If you are seeking financial assistance to attend, please carefully review the Financial Aid Form for additional payment instructions. A refund will be issued if a student applicant is not selected to participate.
2015 Program Registration Fee: $150
The program does cost considerably more than students are actually asked to pay. Private contributors, who believe in the mission of the program and in young people, generously help to defray the cost (typically a $500 value per student).