Company Research Report: Lemonade Day
Company Overview
Name
Lemonade Day
Mission of the Company
Lemonade Day's mission is to help prepare youth for life through fun, proactive, and experiential programs infused with life skills, character education, and entrepreneurship. The foremost objective is to help today’s youth become the business leaders, social advocates, community volunteers, and forward-thinking citizens of tomorrow.
Founding and Founders
- Founded: 2007
- Founder: Michael Holthouse
Key People
- Founder: Michael Holthouse
- CEO: Nicole Cassier-Mason
- Board Chairman: Joe Daly
- Key Members: Renea Burns, Heath Butler, Zach Ellis, Charlie Hamilton, Hank Holmes, Rachel Davison Humphries, Jessie Jones, Keith Kreuer, Anaye Milligan, Amanda Kathryn Pascale, Gaye Jackson
Headquarters
1800 West Loop South, Ste 1875, Houston, TX 77027
Number of Employees
No information is available.
Revenue of the Company
No information is available.
What is the Company Known For
Lemonade Day is known for its innovative and comprehensive youth entrepreneurship program. It teaches kids how to start, own, and operate their very own business—a lemonade stand. The program nurtures important life skills, character development, and entrepreneurial mindset among youth across North America and beyond.
Products
What Products Do They Offer
- Youth Entrepreneurship Programs: Lemonade Day provides an engaging, experiential program for youth to learn how to start and run their own business through lemonade stands.
High-Level Description of the Products
- Youth Entrepreneurship Programs: This is a strategic lesson-based program that guides youth from a dream of owning a business to creating and executing a business plan, resembling the principles required to start any company. It teaches children important financial skills, business operation insights, and the ethos of community involvement.
Key Features of Each of the Products
- Hands-On Learning: Engages youth in practical business operations.
- Financial Literacy: Teaches kids how to budget, manage profits, and understand the importance of savings and philanthropy.
- Mentorship: Provides guidance and support from community volunteers and mentors.
- Character Building: Infuses life skills and character education, preparing youth for future challenges.
- Community Engagement: Encourages kids to give back to their communities.
Recent Developments
What Are the Recent Developments in the Company
- Partnership with Stand Together Foundation: Lemonade Day has been selected to participate in Stand Together Foundation’s Catalyst Program to enhance its mission through management training and peer-learning programs (January 22, 2024).
- National Campaign Participation: Young Lemonade Day entrepreneur Duane Shaw participated in a national campaign to give $6 million to charity (November 9, 2023).
- Raising Cane’s Partnership: Continued support from Raising Cane’s Chicken Fingers, which donated over $100,000 to Lemonade Day (March 3, 2022).
What Are the New Products Launched
No information is available.
What Are the New Features Added to Existing Products
- My Lemonade Day App: Development of a technology app called "My Lemonade Day" to provide digital support for young entrepreneurs. A demo of the app is available, aligning with the latest digital trends.
Any New Partnerships, Etc.
- Raising Cane’s Chicken Fingers: Strategic national partnership supporting the Lemonade Day's youth entrepreneurship program.
- ZenBusiness Grant: Received a $30,000 grant from ZenBusiness to support the digital app.
- Brother International Corporation: Partnered to launch the inaugural Lemonade Day National Best Stand Design Contest.
- M.J. Murdock Charitable Trust: Awarded a $262,000 grant to expand Lemonade Day in Pacific Northwest (February 3, 2020).
This detailed report provides an in-depth analysis of Lemonade Day, focusing on their mission, programs, key developments, and strategic partnerships which empower youth through experiential learning in entrepreneurship.
