Wednesday, March 11, 2015

Amy Sallin


Amy Sallin came in and talked to us about her background in the world of business. She’s spoke specifically to us about a business plan competition that’s mainly open for college students. This winter, the competition theme is environmentally based, and although it’s a little too late for us to enter our business plans into the competition now. The competition has like seven criterias. Of those who turned in their business plan, about one third move on past the online round, considered the screening round where the judges read the actual business plan online. After the online round, there’s an investment round where the contestants pitch their idea at their own booth. Sixteen of those competitors are then accepted into the what’s called the “sweet 16” round, which is the last round before the final  round, like a semi round before the final round, where you do your last presentation about your promotional environmental business idea. Only four are chosen to continue into the the finale. In the finale, one is chosen to win twenty-five thousand dollars to start up their business, one wins ten thousand dollars, and the last two win five thousand all to start their own companies. It’s pretty great for aspiring entrepreneurs who have always wanted to start their own business. Her talk was very close to what we were doing with our own business plans, which was pretty cool.

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