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They are taking part in the 12th annual Virtual Enterprise Program at the 69th Regiment Armory in Manhattan.

Students from across the nation, including ones from 50 city schools, got the opportunity to showcase and market their own virtual products Thursday. They were judged on everything from best sales pitch to best webpage and catalog.

"Being able to contact all the firms and tell them our services and try and get contracts and business for our company, I mean that's what I want to do in the future," said Richmond Hill High School student Jillene Singh, whose project was an online travel magazine called New Horizons. "And this class actually help me realize what I wanted to do."

The trade fair was sponsored by Virtual Enterprises International, which was founded by the Department of Education in 1996. The simulated business environment extends through a worldwide network of more than 3,000 virtual businesses in more than 30 countries.

"They learn every aspect of the business from A to Z," explained Iris Blanc, director of Virtual Enterprises International. "They have to get funding, so they have to apply for a loan. They're very, very focused on economics and they do get economics credit for taking this class."

Products and services offered by the virtual businesses ran the gamut from office supplies to skin care products.

"When I'm ready to go into the business world and have my own business, my own restaurant hopefully, it will help me to know who to work on it with and how to set up my business plan to do everything," said participant and Richmond Hill High School student Saveta Jadbir.

The students also learned about harsh financial times and how to survive through a rough economy.

"I personally like challenges. It might not be a wise idea to invest a lot of money right now in a business or to start one, I see it as a nice challenge," said Bayard Rustin High School student Michather Zachary.

For more information, go to VEInternational.org.