Students Recognized for Outstanding Business Plans

2009_BS_BusinessInterns-005-LCAPE GIRARDEAU, Mo., May 3, 2012 – The Douglas C. Greene Center for Innovation and Entrepreneurship (CIE) and Southeast Missouri State University recently announced the winners of the first annual Redhawks Open Business Plan Competition.

The Redhawks Open Business Plan Competition is an exciting opportunity for students in any area of study at Southeast Missouri State University to create a business plan for their ideal venture and to capitalize on it. This year’s grand prize award went to the “Streamline Logix” team submission led by Holt Walker, Stephen Myers and Kyle Smith. Other teams and individuals receiving special awards included “Core Archery” by Mathew Hileman and Anthony Cervantes, and “Quakstats” by Alex Austin. The winning teams were recognized at an awards ceremony held at the CIE on April 25.

An experienced panel of judges from the local business community completed extensive reviews of the business plans to identify the winning entries. The 2012 panel of judges consisted of : Jason Wray, president and chief executive officer of Creative Edge; Chris Edmonds, president of Element74; Bill Vickery, area manager for the U.S. Small Business Administration; and Sandra Cabot, assistant director of outreach for the CIE.

The competition was directed by Dr. Joel Bolton, Faculty Fellow at the Douglas C. Greene Center for Innovation and Entrepreneurship and assistant professor of management in the Donald L. Harrison College of Business at Southeast.

“This year’s event had some really good entries, and we would like to thank all of the competitors and special guest judges for their commitment to the success of such a great event,” Bolton said.

The Redhawks Open included the opportunity to compete for valuable start-up assistance including a $2,500 grand prize, a $1,500 second place and a $1,000 third place to help launch the new ventures. The winners of the competition will also receive valuable assistance in the form of a “Customized Launch Services Package” from the CIE. These packages could include personalized business development coaching, business incubation and mentoring services.

“The competition is part of an ongoing initiative led by the Douglas C. Greene Center for Innovation and Entrepreneurship to involve students from across campus in the development of innovative concepts with commercial potential,” said Dr. James Stapleton, executive director. “Our goal is to expose students to entrepreneurial thinking and the entrepreneurship process, regardless of their career pursuits,” he added.

The Douglas C. Greene Center for Innovation and Entrepreneurship at Southeast Missouri State University is one of the most comprehensive entrepreneurship-focused university centers in the Midwest, offering a wide array of academic and outreach programs and services, including: innovation development and research; entrepreneurship education, training and mentorship; and business consulting, incubation and development services. The CIE supports Southeast Missouri State University’s strategic priority to accelerate entrepreneurial growth and development that improves the quality of lives, communities and businesses in southeast Missouri and the southeast region.

For more information about the CIE and the entrepreneurial support services it offers, contact (573) 651-2929 or visit www.semo.edu/cie.