By Riley Grasso
On a hot summer day in May 2018, Jennifer Knowles was serving lemonade with her three little boys in Denver, when two police officers came to shut down their small stand after nearby vendors complained. Since the boys didn’t have the three permits required to sell lemonade, they were forced to shut down their small business. Jennifer and her boys decided to take action. However, Jennifer and her boys didn’t let that discourage them, they reached out to Senator Angela Williams, Senator Jack Tate, the Young Americans Center for Financial Education, and Dream Tank for support.
When Dream Tank says it wants to encourage young minds and entrepreneurs, they aren’t just empty words. Recently, we took action on a state-government level to help kids realize their dreams. Dream Tank CEO Heidi Cuppari, Fellow Jaden, and dream makers from the summer camp testified in front of the House and Senate committees to help pass the Bill to Legalized Minors’ Businesses in Colorado.
“Whether it be starting a lemonade stand, mowing the lawn, or shoveling snow, we need to be encouraging our kids’ creativity and entrepreneurial spirit – not discouraging it,” said Senator Williams. “I am proud to sponsor this bill, with bipartisan support, so that kids can innovate and let their creativity flow.” [https://senatedems.co/2019/02/11/legalizing-minors-businesses-bill-unanimously-passes-senate-business-labor-and-technology-committee/]
The bill was unanimously passed through the Senate Business, Labor, and Technology committees. Colorado Governor Jared Polis signed the bill into law. Colorado is the second state in the country to legalize temporary minors’ businesses. With the bill now signed into law, kids can take their ideas for small businesses and practice them, giving them an earlier start to really pursue the things they want to do.
“Thrilled to sign the bipartisan Lemonade Stand Bill today that reduces regulations and cuts red tape, making it easier for young entrepreneurs to start their own businesses!” Polis tweeted. [https://www.usnews.com/news/best-states/articles/2019-04-02/gov-polis-signs-bill-allowing-kids-to-operate-lemonade-stands-in-colorado]