Alumni mentors prepare students for competition
News
SUMMARY: Former Business Plan Competition participants return to mentor and guide the final five teams.
In the 20-plus years since its inception, the Business Plan Competition has grown exponentially, serving as the culmination of the College of Business’s benchmark course, COB 300. All CoB students are required to take the 12-credit-hour core course which integrates finance, management, marketing and operations. Now called the Rainy-Shepard-Kushel Business Plan Competition in acknowledgement of the financial contributions of Don Rainey (‘82), Russell “Rusty” Shepard (‘86) and Rick Kushel (‘87), students will vie for over $50,000 in scholarships.
More than 100 business plans are submitted each year for consideration. After multiple rounds of review, the top five advance to the final round of the competition. There, judges weigh the quality of each team’s preparation and presentation, as well as the originality and potential profitability of the idea submitted.
Students have plenty of support along the way, with each team assigned a competition alumni mentor. These mentors are seasoned veterans who have successfully navigated the challenges and triumphs of past competitions. With their wealth of experience and expertise, the guidance they provide to current participants is invaluable.
Get to know this year’s competition alumni mentors!