Lemonade Day will return to Lubbock later this year, but will be recognized this week.

Lemonade Day will take place on May 4th, 2013 in the Hub City, and the event will be kicked off on Thursday, March 21st at 4 p.m. at the Lubbock Chamber of Commerce, located in the Wells Fargo Center at 1500 Broadway.

District 5 Councilwoman and Mayor Pro Tem Karen Gibson will issue a city proclamation recognizing the impact of the event, and volunteers will be on hand to register kids for the event.

The event is designed to help today’s youth become tomorrow’s entrepreneurs by teaching them to start, own, and operate their own lemonade stand.

Each child that registers will receive a backpack with an entrepreneur workbook that outlines the 14 lessons of Lemonade Day, which includes how to set goals, make a budget and a plan, create a product, work hard, provide good customer service, make a profit, and give back to the community.

Children keep all the money that they earn, and are encouraged to spend some, save some, and share some.

More information is available here.