Rowan business student finalists to compete in business plan competitionApril 15, 2009
The Rowan University Rohrer College of Business will host the final round of its Business Plan Competition on Saturday, April 18, from 9:30 a.m. to 1 p.m. in the Eynon Ballroom of the Chamberlain Student Center on the Glassboro campus.
Five student finalist teams have completed several previous rounds, including submission of intent to compete, judged feasibility studies, judged written feasibility plans and several workshops.
The finalist teams are as follows:
• “Culinary Catastrophes,” presented by fall 2008 entrepreneurship graduate Jeremy Smith of Clayton. The product is Shellfish Bastard Crab Cake Sauce, a gourmet sauce for retail and commercial applications that provides a convenient base for preparing a crab cake.
• “Dare to Dream,” presented by Ruth Mesfun, a junior economics major from West Orange, and Nuria Moreno, a senior marketing major from San Salvador, El Salvador. Their product is Surviving Successfully, an online store specializing in providing products for the face, body and hair to alleviate the side effects of chemotherapy in cancer patients.
• “Home Efficiency,” presented by spring 2008 environmental studies graduate Christopher Shaw of Oak Ridge. Home Efficiency created the Spring Post Mailbox, which provides consumers with a mailbox post that will never break, lean in any direction or be pulled out of the ground.
• “Ozone,” presented by George Sampson, a junior finance major from Winslow. Ozone is a sustainable organic bar that serves cocktails made with freshly juiced fruit and organic spirits, organic beer, wine and food items in an environmentally conscious setting.
• “Tweeny Weenys,” presented by Steven Calvaruso, a junior entrepreneurship major from Hopelawn, and Robert Kesling, a senior entrepreneurship major from Marlton. The duo created Tween Lock, a doorknob cover that locks onto a round doorknob to prevent siblings from invading each other’s personal space.
During the final round, the five teams will present their plans before an audience and panel of expert judges, including Dale Bolger of Alliance Information Systems, Edward Cloues of K-Tron, Michael Diemer of Cooperative Business Assistance Corporation, and Kenneth Garrett of The McKissack Group. Winners of the competition will receive cash prizes of $5,000, $2,500, $1,000 for first, second and third places, respectively, and $500 for honorable mention.
This event is free and open to the public, but attendees are asked to register beforehand at www.rowan.edu/cie.