Today, they are awarded $100,000 for their ingenious business plans that may very well be used by Ford Motors. But as a whole, you have to wonder if this contest was really aimed to bring out the best business plans according to the eyes of yuppie entrepreneurs or a strategy that can be considered by Ford Motors to help enhance its business operations.
The next generation of business leaders took home top prizes at the 2009 Ford HBCU Business Classic in Atlanta, GA on April 17. The business plan competition was held at Clark Atlanta University and showcased the best and brightest minds from Historically Black Colleges and Universities around the country. Student teams from Florida A&M University and Howard University were awarded $100,000 in scholarship prizes for their groundbreaking business plans.
Students were challenged to test their entrepreneurial ambitions before a panel of judges, comprised of influential entrepreneurs from the business community. Each team was scored on the viability of their business plans, their overall presentation and the business plan’s potential benefit to the community.
(Source) Press
Tags: ambitions, black colleges, business classic, business leaders, business operations, business plan competition, business plans, community source, ford motors, panel of judges, scholarship prizes, showcased, top prizes, viability, yuppie