School of Management Course Rewards Top Entrepreneurship Plans
Posted: January 4, 2008 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
Students taking the New Venture Creation course offered by the School of Management (SOM) this fall found that with hard work they could create a little cash for themselves as well.
At the conclusion of the course, six student teams from the three undergraduate entrepreneurship course sections were invited to present their business plans to a panel of judges that included practitioners and academics. The team with the best business plan would receive a $1,000 cash prize sponsored by the Virginia software company Universolutions LLC and the Washington, D.C.-based World Craft & Cafe Inc.
“I felt that this session really served to highlight to faculty, students and parents alike that we at SOM are ‘doing it right’ when it comes to management education,” said Richard Klimoski, dean of SOM.
“While the topic was entrepreneurship, it was also about action learning, the kind of learning based on experience that really sticks. Moreover, there was a systematic approach to skill building involved. The students in the final competition worked hard and practiced a lot to get there. In fact everyone at the session got to see a wide range of skills being demonstrated by the members of all of the teams.”
First-place team members Kevin Aughavin, Miguel Dominguez, Ben Karpowicz and Melanie Stewart collected some gift certificates along with the cash prize. They presented a business plan for “K- BAMM LLC.” Their instructor was Mahesh Joshi.
Second-place team members Hai-Minh Lee, Jeremy James, Kamelia Katebi and Julie Bajaj received gift certificates. They presented a business plan for “Land to Mobile.” Their instructors were Sunil Shrestha and Skip West.
The section taught by Joshi was limited to management majors. The section taught by Shrestha and West was cross-listed in SOM and the Volgenau School of Information Technology and Engineering. The third section taught by Robert Gaudian was intended for students across the university with a minor in business.
The course is being offered as MGMT 451 in spring 2008.