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(Janesville, WI) By Nick Crow, Gazette

Two seniors from Craig High School were awarded scholarships for winning the Junior Achievement Business Challenge, according to a news release.

Raj Patel and Ryan Ping each earned $500 scholarships for the schools of their choices. Second place and a $250 scholarship went to John Gagula and Dylan Holloway from Beloit Turner High School, according to the news release.

The students won the scholarships after competing as "CEOs" for the day in the Junior Achievement Business Challenge. The event was hosted and sponsored by Beloit Health Systems.

The teams were paired with volunteers from area businesses to test their knowledge of running a virtual business using a computer business simulation. Students made business decisions regarding price, production, marketing, capital investment and research and development, according to the release.

The first- and second-place teams advance to the Wisconsin Junior Achievement Business Challenge on April 28 in Sheboygan to compete for more scholarships.

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