Marshall students ready for state Business Plan Competition finals
HUNTINGTON, W.Va. – Two student groups from Marshall University are among the 10 finalists competing in the 2007 West Virginia’s Open for Business – Student Business Plan Competition.
The team that wins the competition, which takes place Friday and Saturday, April 13-14, in Morgantown, will receive $10,000 and a package of business resources aimed at helping turn their business plans into reality.
Marshall is represented by the Arachnovation Spider Easel (team members Will Starcher and his sister, Margie Starcher) and Independability Wheelchair-assistance utility (team members Christopher Worth and Brandi Hill).
Both teams have spent the past few months polishing both their products and the business and marketing plans they intend to use. According to Amy Anastasia, Marshall’s coordinator for the Student Business Plan Competition, the winning team will be the one judged to be the best on specific criteria.
“The winning team must offer a novel product or service, and a business plan that can expose and market that product in a profitable way,” Anastasia said.
Anastasia said she likes the chances of Marshall’s two teams in the competition.
“Among a strong field of finalists, I think both (Arachnovation Spider Easel and Independability Wheelchair-assistance utility) have a great chance of doing well in the competition,” she said. “More importantly, both teams are dedicated to their business plans and intend to start their businesses in West Virginia no matter the outcome of the competition. They represent a tenacious group of future entrepreneurs.”
Among the students themselves, anticipation and excitement is evident. “Arachnovation would like to be part of the solution to the state’s economic problems and help the market to be Open for Business by the creation of new opportunities and new ideas,” Will Starcher said.
For more information about the 2007 West Virginia’s Open for Business – Student Business Plan Competition, visit http://www.be.wvu.edu/bpc/ or contact Anastasia at (304) 696-4365.