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College of Business announces finalists for 2009
business plan competition
November 5, 2009 -- Five
business plans have been announced to the finals of Arkansas State
University’s 2009 College of Business Plan Competition. Oral
presentations will be Monday, Nov. 16, from 11 a.m.-1 p.m. in the new
Delta Center for Economic Development, 319 University Loop West, on the
ASU-Jonesboro campus. The event will be open to the public.
Thirty-nine total students submitted 10 undergraduate plans, including
six from ASU-Jonesboro and four from ASU-Beebe, for review by judges
from the College of Business. Judges narrowed the group to five
finalists who will deliver presentations to a new panel of judges Nov.
16. Winners will be announced approximately two hours after the final
presentation. Monetary prizes of $500, $250, and $125 will be given to
the top three plans.
“We are so proud to have a record number of submissions for this year’s
business plan competition,” said Dr. Erick P.C. Chang, assistant
professor of Management. “It’s especially exciting because this is only
the second year for the competition and there has been so much
The five finalists include, from ASU-Beebe, “Hometownonlinemarket.com”
with team members Charlene Chambers, Jeff Craig, Andy Hall, Courtney
Lloyd, and Rebecca Kee. This plan is centered on an online grocery shop
that provides time-saving and cost-effective solutions to the grocery
“The PoliticalFacts.com,” with team members Elizabeth Sewell, Ashley
Parchman, Zachary Roberson, and Ryan Hames, is a social networking
website that generates advertising revenues by providing information on
state and local politicians.
From ASU-Jonesboro, “Book Smart” is a small business that manufactures
and sells an extraordinary variety of book safes which are easy in
concept and yield high value to its owners by allowing them to store
valuables while keeping them concealed. Team members are John Mooney,
Logan Jones, Mathew Cain, Cody Mann, and Randall Mathes.
“Livenotexist.com” is an online calendar of events for the community
that allows local businesses and attractions to advertise for specific
days and receive publicity for specific venues. Team members are Chris
Milum, Garret Ferguson, Ryan Beaird, and Billy Moyer.
The fifth finalist is “The Southern Boy Bakery,” which is a bakery that
will provide the Jonesboro area with a place to get freshly baked
products and elaborate specialty cakes and will provide good service.
Team members are Rachel Carroll, Joseph Deken, Scott Hunter, and
“In addition to our five finalists, I also want to congratulate the
other entries which include Banded Mallard Co.; Jonesboro Bike Shop;
Payne’s Event Coordination, Inc.; Reprocessors Unlimited LLC; and
Whistlers’ Restaurant,” said Dr. Chang.
For more information about the College of Business Plan Competition,
contact Dr. Chang at
firstname.lastname@example.org or (870)