Fifth Graders from Sunnyvale, California Learn the Mechanics of Creating, Funding and Operating a Business

SANTA CLARA, Calif. (September 10, 2009) –

LiveOps, in cooperation with The BizWorld Foundation, is hosting its first Camp BizWorld event for elementary school children from Sunnyvale’s Bishop Elementary School. Over the course of two days, the students will learn how to take a business from concept to profitable operations.

“Our event with BizWorld is a great opportunity to expose students to the business world and how it works,” said Maynard Webb, chairman and CEO of LiveOps. “BizWorld has done an incredible job introducing the basics of business to children. We are thrilled to host BizWorld and the students of Bishop Elementary School to learn important and fundamental skills.”

“The BizWorld program will educate the Bishop Elementary School students about topics that go beyond the normal curriculum and show how they are used in real-world application,” said Eric Panosian, principal at Bishop Elementary School. “We are so thankful that LiveOps is hosting this event. The children will have a great model of what a successful business looks like and will have the opportunity to work with successful businesspeople.”

“In today’s tough times when many kids are seeing their parents lose their jobs, we need to inspire them with possibilities and experiences that ignite their interest and motivate them to create new businesses and to become entrepreneurs,” said Ana Blanco, vice president Development Director for BizWorld. “We applaud the work LiveOps is doing to help educate and train students about opportunities in the business world; they are a great example for others to follow.”
BizWorld @ LiveOps

On September 10th and 11th, thirty fifth-grade students from Bishop Elementary School will work on site at LiveOps headquarters in Santa Clara, CA to learn the process of building a business from the initial business plan to sales and marketing and ultimately reporting to investors on their business success. LiveOps employees will advise the students as well as play different roles instrumental in developing a business from the venture capitalists who fund it to the customers.

In the BizWorld program, students work in teams to start and run their own businesses in a simulated friendship bracelet industry. Taking on different leadership roles, students learn the basics of business and entrepreneurship as they apply for jobs, design, manufacture, market, and sell their products in the BizWorld Sales Bazaar.

A photo gallery from LiveOps’ Camp BizWorld will be on the LiveOps’ Facebook page.
About The BizWorld Foundation

Started in 1997 by venture capitalist Tim Draper, The BizWorld Foundation develops curriculum that teaches elementary and middle school children exciting and pertinent concepts of business, entrepreneurship, and money management in the classroom, bringing 21st Century skills into classrooms around the world. In 2009, LiveOps awarded The BizWorld Foundation a corporate grant to help support the work the organization is doing in the classroom.

“The LiveOps Foundation’s goals are to reduce the barriers for those in the community that desire to make a better life for themselves by providing resources and services that support them in their quest for meaningful work. BizWorld provides fundamental life and work skills at a critical age in a child’s development; consequently, they are developing and shaping the workforce of the future,” added Webb.
About LiveOps Foundation

The LiveOps Foundation is an internal organization developed with the goal of supporting activities that enhance and serve the communities in which LiveOps employees live and work, as well as the associated issues that impact quality of life. The company built its LiveOps Foundation on three cornerstones of giving. LiveOps will set aside approximately one percent of current outstanding shares to be used to fund the Foundation after a liquidity event. In addition, LiveOps offers gifts of cash supporting grants for organizations that their employees support, grants for philanthropic business partners and a matching gift policy of up to $500 per employee per year. Lastly, LiveOps offers the gift of time by enabling its employees to volunteer on average one percent of their time to an organization of their choice, or participate in a company-sponsored event. In 2008, LiveOps was named “Company of the Year” by the Entrepreneurs Foundation, a San Francisco Bay Area organization, for its commitment to making philanthropy and its community service programs integral to the company’s brand and culture.
About LiveOps, Inc.

LiveOps is a rapidly growing technology company offering two innovative solutions for enterprises: Contact Center in the Cloud, a SaaS technology platform for managing contact centers, and Workforce in the Cloud, an on-demand workforce for outsourcing call center calls. LiveOps On-Demand Contact Center platform brings the value of cloud computing to the contact center by enabling enterprises to rapidly deploy an always-on and instantly scalable contact center infrastructure in a pay-per-use model that enables customers to achieve greater operational and cost efficiencies. LiveOps uses this same technology platform everyday to successfully run the largest virtual call center with over 20,000 independent agents. The company provides enterprises with the on-demand call center platform and community of on-demand independent agents to quickly achieve better business results. In 2009, LiveOps introduced LiveWork; an on-demand work platform where companies can instantly outsource tasks using teams of experts on LiveWork, their own community of freelancers or business process outsourcers (BPOs). The company is headquartered in Santa Clara, California.

LiveOps is a registered trademark and LiveWork is a trademark of LiveOps, Inc. All other company and product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies.

Source: LiveOps