Another Walton team represented us well this weekend. Tears for Life, a Walton team comprised of 3 MMBA students (Jared Greer, Chris Elizer, and Bessie Williams) and one honors undergraduate student (Jordan Greer - yes, he is Jared's little brother), won the Lightning Round at the University of Louisville small business plan competition yesterday. The pitch was written by all team members and then executed perfectly (I have been told) by Bessie Williams. The Lightning Round is an elevator pitch competition for teams that did not finish first in their track in the semi-finals. By all accounts, this team could have easily won the entire competition, and was a very good representative of the Walton College. They are heading to the University of Cincinnati on Thursday to compete again.
Only 12 of 36 applicants made it to the oral presentation round at Louisville. I’ll keep you apprised of the success of the Walton teams as the competitions unfold. We have five teams and so far, we are 8 for 8 in terms of being accepted to compete at national competitions, and are waiting on a couple more decisions. We are scheduled to compete at Carnegie-Mellon, University of Nebraska, University of Louisville, University of Cincinnati, Wake Forest, Tulane, University of San Francisco, and the Donald W. Reynolds Governor's Cup in Little Rock, AR. We are also submitting plans to compete at Boise State University, University of Oregon, Rice, Colorado State University, UC Berkley, and Montreal.
Keep in mind, these wins do not just give us bragging rights. There is prize money associated with these competitions. 1st place at the Governor's Cup gets $20,000, 2nd place is $10,000, and third place is $5,000. Each time a team competes and wins, it's pay day.
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