News

The Cameron School of Business Names Winner of Seventh Business Plan Competition

Monday, June 03, 2013

The Cameron School of Business named recent graduate Jordan Barrett as the winner of the CSB seventh annual business plan competition, announced the University of North Carolina Wilmington today. Thirty seniors in the Entrepreneurship and Business Development program submitted and presented comprehensive business plans and selected students were invited to present their plans on April 26.

The CSB competition allows students to gain practical experience beyond the classroom doing a comprehensive business analysis as a culminating experience for their concentration in entrepreneurship and business development. Edward Hall and Connor Vanderhook were the other student finalists who presented their plans.

"The annual UNCW Business Plan Competition is an event that allows students to gain a deeper understanding of business by creating and submitting plans, pitching judges and hearing feedback," said winner Jordan Barrett. "Furthermore, the monetary benefits and consulting services that are provided to the winner and finalists are of tremendous value to a new venture - which in my case, has allowed me to continue my endeavor to the stage of prototype development and testing."

The Business Plan Competition is one of the many ways the Cameron School of Business provides students with the skills and knowledge to think critically and act responsibly in meeting global business challenges. Previous finalists have started their own ventures, and some are working in business development in emerging ventures such as nCino and DryCorp. One past winner is now working in a business incubator in New Zealand.

"Students are asked to do extensive research and take their work to the next level by developing plans that can be operationalized," said Stephen Harper, Progress Energy/Betty Cameron Distinguished Professor of Entrepreneurship at UNCW. "This is a unique opportunity that showcases our students' mental dexterity to veteran entrepreneurs within our community."

Jordan Barrett received a cash prize as well as services from most of the sponsors. Castle Branch was the Master Sponsor and other sponsors include South-Tek Systems, McGladrey, Ward & Smith and Double Eagle. These companies provided business services including accounting, legal, marketing and management advice, as well as desk space at Double Eagle. Fran Scarlett of UNCW's Small Business and Technology Development Center, Clayton Gsell of South Coast Investments and Justin Queen of Blu Zeus Interactive Marketing served as the judges.