BANGOR, Maine — Capitalism and entrepreneurship were far from the thoughts of the 200 children playing at The Maine Jump entertainment complex on May 12, but one of them could become a Lemonade Day business leader.
A man named Wise Lemon, in a yellow outfit and wearing a smiling lemon head, greeted children. Representatives of Lemonade Day passed out information and an entrepreneur workbook to parents and children.
Lemonade Day, held Sunday, June 3, is a national learning program that teaches youth how to start, own and operate their own business — a lemonade stand. The program teaches participants how to set goals, develop a business plan, budget, find investors, choose a site for a lemonade stand, advertise, construct a stand, purchase materials, perform accounting tasks, review their business models and give back to the community.
Already this year, Dean Sawyer, 11, of Portland raised $500 with his lemonade stand. He gave $400 to charity.
Lemonade Day is open to children age 5 to 18. There is no cost to participate. Awards will be given for the best lemonade recipe, best stand and best Lemon BizKidz business model. Prizes include $2,500 and $500 scholarships, official lemonade stands at the Fourth of July fireworks shows in Bangor and Portland, and prizes from Wright-Ryan Construction of Portland, The Maine Jump in Bangor and other sponsors.
Lemonade Day kits are available at all Bangor Savings Bank locations, at city and town parks and recreation departments, and at Quirk Auto Park in Bangor.