USF hosts business plan battle with $15,000 top prize - WFLA News Channel 8

USF hosts business plan battle with $15,000 top prize

Posted: Updated:
TAMPA, FL (WFLA) -

 The University of South Florida Center for Entrepreneurship at the College of Business hosted a unique business plan competition among students Friday.

The winner walked away with a $15,000 cash prize as well as donated services from lawyers, accountants and marketing executives.

Seven teams went head to head presenting their best business plans to a panel of judges. Among the competitors a paintball company, a medical waste disposal business and a local grocery store. 

Medical student Andrea Little and her business school partner Hector Angus created One Apple Grocery in Tampa.  The store caters to low income families who wouldn't have access to healthy food otherwise.

"It was created about a year ago. It's been in business. We've been profitable, and we saw the potential so we thought why not share it with everybody else," Little said.

Dr. Bill Marshall is Associate Director for the Center for Entrepreneurship at the U.S.F. College of Business.  He says this is the fifth year for the competition, and judges set the bar pretty high.

"Is this concept really going to work? Is there a market? If there is a market, can they sell? Is the team that's doing this capable of executing their plan and turning this into a real, viable business? Can it be launched and be successful," Marshall said.

After each team made a 15 minute presentation to a panel of judge made up of local business professionals, those judge made a final decision.

This year's  $15,000 prize goes to South Tampa Paintball a budding business pitched by a U.S.F. undergraduate student. The second place team was the grocery store project presented by Little and Angus.

 

  • 8 On Your SideMore>>

  • Pinellas homeowner ends up the loser after local government mistake on property taxes

    Pinellas homeowner ends up the loser after local government mistake on property taxes

    Tuesday, July 22 2014 5:59 PM EDT2014-07-22 21:59:58 GMT
    This Preservation land is at heart of homeowner tax dispute in PinellasThis Preservation land is at heart of homeowner tax dispute in Pinellas
    Melanie and Jeffrey Cornwell should have been getting a tax break for years on part of the homestead property in Dunedin they call their "little piece of Heaven." But due to a mistake at the Pinellas Property Appraiser's Office, they won't see any rebates for previous taxes, just a break on future tax bills.
    Melanie and Jeffrey Cornwell should have been getting a tax break for years on part of the homestead property in Dunedin they call their "little piece of Heaven." But due to a mistake at the Pinellas Property Appraiser's Office, they won't see any rebates for previous taxes, just a break on future tax bills.
  • RECALL: Fruit at Trader Joe's & Costco

    RECALL: Fruit at Trader Joe's & Costco

    Tuesday, July 22 2014 5:45 PM EDT2014-07-22 21:45:14 GMT
    A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concerns of possible listeria contamination.
    A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concerns of possible listeria contamination.
  • How thieves clone your credit cards

    How thieves clone your credit cards

    Tuesday, July 22 2014 9:15 AM EDT2014-07-22 13:15:02 GMT
    File photoFile photo
    Patricia Stack didn't know her debit card number had been stolen until she tried to withdraw money from her bank account. "A couple weeks ago I tried to get money out to pay my power bill and there was nothing in it."
    Patricia Stack didn't know her debit card number had been stolen until she tried to withdraw money from her bank account. "A couple weeks ago I tried to get money out to pay my power bill and there was nothing in it."
Powered by WorldNow

200 South Parker Street, Tampa, FL 33606

Telephone: 813.228.8888
Fax: 813.225.2770
Email: news@wfla.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.