SPRINGBORO, Ohio (WDTN) — On Saturday, July 31, more than 80 children will participate in The Miami Valley’s inaugural Lemonade Day sponsored by the River Valley Credit Union. The kids will learn how to run a business, one cup of lemonade at a time.

Eight-year-old Elinor Shehane of Springboro is calling her business The Sour Basset, named after her Basset Hound — Bombur.

“The reason why we called it The Sour Basset was because he’s going to drink lemonade,” she said.

Her stand, set to be located at Kacie Jane Park on Saturday, will join 84 others popping up in Huber Heights, Beavercreek and Springboro for Lemonade Day. The free program teaches kids how to start, own and operate their own businesses.

“One of the great things about Lemonade Day is that they teach the children to do three things with the money that they earn. One is to go play with it, have some fun and spend it., to save some, and then donate some to charity,” said Eric Gagliano, the Sr. Vice-President of Sales & Marketing at River Valley Credit Union.

“As a kid, I didn’t have the funds in my family to go and do all of the school trips easily. My parents couldn’t just pay for it, but I did sell every candy bar that I could. And I love that the work ethic and industry are being encouraged and taught,” said Joy Shehane, Elinor’s mom.

In each city, prizes will be awarded for “Best Decorated Stand” and “Best Tasting Product.” These children will each win a Nintendo Switch.

Children can also submit their business plans to win the $1,000 Chick-fil-A Entrepreneur of the Year scholarship and a chance to participate in the national Lemonade Day Entrepreneur of the Year competition.

To find a lemonade stand in your community, click here.