Winners of the 5th Annual Business Plan Competition, general business majors, Mr. Garrett Townzen and Mr. Devin Judkins, were presented with a check on the 23rd of January for their business plan, “Texas Premiere Sports”. The duo combined market research, strategic vision, and an entrepreneurial attitude to deliver the first place plan. Texas Premiere Sports would be a club sports organization that facilitates youth basketball tournaments.
Townzen and Judkins weren’t the only winners at the competition. Financial economics major, Ms. Anastasia Rodriguez and marketing major, Ms. Celia Martinez, were awarded runner-up for their proposal, the “Back-Up Box,” a vending machine that delivers river and club essentials to patrons on the go.
Dr. Scott Roberts, associate professor of marketing and master of ceremonies for the event, spoke on the determination of the participants:
“The Business Plan Competition began four months ago with the students attending workshops on business planning and financials. They formulated relevant strategies, refined their ideas, did their own market research, and delivered verbal and written proposals to judging panels composed of both faculty and local entrepreneurs. Their final business plans are great examples of how “dry” classroom theories can become to exciting and personal, and possibly even profitable.”
Dr. Forrest Aven, dean of the HEBSBA, also commented on the success of the competition, emphasizing the importance of students becoming involved beyond the classroom:
“I was impressed with the business plans presented by the finalists. I encourage all business students to seriously consider the business plan competition next year. The resources provided to assist you in this journey are outstanding and the learning potential is exceptional. Writing a business plan is how Michael Dell finalized his ideas for Dell Computers, maybe you could be the next Michael Dell.”