Teams of business students at The University of Southern Mississippi will put their entrepreneurial creativity to the test during the Golden Eagle Challenge competition Friday, Dec. 4 at the Thad Cochran Center.
The competition is designed to simulate the real-life entrepreneurial process of soliciting start-up funds from investors. Teams of graduate and undergraduate students devise business opportunities, write business plans and present them to a panel of judges representing different areas of business.
“The Golden Eagle Challenge competition is an opportunity for College of Business students to experience what entrepreneurs encounter when they are seeking venture funding,” said Dr. Jennifer Sequeira, associate professor of management at Southern Miss.
“This experience is critical for those students who are interested in having their own business as well as those who are not since the intense preparation that is required for this competition builds various skill sets that students and employers can benefit from long-term.”
Here’s how the challenge works:
• Undergraduates and graduate students compete in separate divisions.
• Each round will start (concurrently) at 9 a.m. in closed sessions. Graduate teams will have approximately 20 minutes to present in front of the judges, while undergraduate teams will have approximately 15 minutes.
• The judges will have about 10 minutes to provide feedback and ask questions.
• During lunch the two graduate finalists and the winners of the undergraduate division will be announced
• At 2 p.m. the finals will begin in Ballroom III of the Thad Cochran Center. The two graduate finalist teams will have approximately 20 minutes to make a presentation, followed by questions from the judges.
• Following the presentation, the judges will adjourn to decide the winner which will be announced around 3:30 p.m.
Southern Miss faculty, staff and students, as well as the general public, are invited to attend the finals portion of the competition. The winning teams will be selected based upon their written plans, the viability of the company and their presentation before the judges.
“This competition is also important because it requires that the students think innovatively, thus resulting in business ideas that have great growth potential and long-term viability,” said Sequeira.
For more information about the Golden Eagle Challenge call 601-266-5760.
About The University of Southern Mississippi
The University of Southern Mississippi, founded in 1910, is a comprehensive doctoral and research-extensive university fulfilling its mission of being a leading university in engaging and empowering individuals to transform lives and communities. In a tradition of leadership for student development, Southern Miss is educating a 21st century work force providing intellectual capital, cultural enrichment and innovation to Mississippi and the world. Southern Miss is located in Hattiesburg, Miss., with an additional campus and teaching and research sites on the Mississippi Gulf Coast; further information is found at www.usm.edu.