About this event
The Entrepreneurship track of the Virtual Business Challenge puts students in charge of a simulated small business. The Virtual Business Challenge is run with Knowledge Matters and is free. It is open only to affiliated members in grades 9 to 12, alone or in a team of up to three from one chapter. Teams play the simulation online with unlimited attempts and their best score counts. Round 1 ran October 13 to November 6, 2026 and Round 2 runs February 1 to 26, 2027; the top 8 teams from each round go to an online championship, March 29 to April 2, 2027, where the winners earn NLC travel awards of $1,000, $500 and $250.
FormatOnline Challenge
DurationOnline simulation rounds; unlimited attempts, best score counts
Solo or teamTeam of 1 to 3
CategoryVirtual Business Challenge
What it covers
What the challenge covers
- Starting and running a small business
- Pricing and costs
- Marketing decisions
- Reading financial results
Guidelines and resources
Bookmark to saveCurated by ChapterPrep. Free unless noted. External links open in a new tab.