Business-Minded Students Attend Entrepreneurship Immersion Week
August 21, 2015
ALLIANCE, Ohio – During the week of August 2, University of Mount Union students traveled to Lake Erie College in Painesville, Ohio to attend the annual Entrepreneurship Immersion Week (EIW) where the team took third place overall.
The Mount Union team was comprised of Alyssa Haley, junior public relations major of Murrysville, Pennsylvania; Brad Keller, senior marketing major of Findlay, Ohio; Alexandria Marino, senior exercise science major of Warren, Ohio; Andrew Rosati, junior management major of Streetsboro, Ohio and Quinn Whitehead, junior geology major of Canfield, Ohio. These five students worked together as a team to create a new product. Faculty member Mike Kachilla, associate professor of management and director of Entrepreneur Studies and John Myers, entrepreneur in residence, served as advisors for the team.
Entrepreneurship Immersion Week is put on by the Burton D. Morgan Foundation and is held for those dedicated and interested in following the path of entrepreneurship. Throughout the week, the team attended business classes where they listened to various speakers, including alumni and professors, who taught the current students aspects of building a business plan. During the evening, the team discussed ideas and did the research for a new product. At the end of the week, the teams gave a brief presentation on their product.
“Entrepreneurship Immersion Week is a unique opportunity for college students to experience what it is like to discover, develop, research and then present in front of a large audience an idea that solves a market or social problem.” Myers said.
The Mount Union team came up with the idea of a flushable tampon. After doing much research, they saw that it took an average of 15 years for a tampon to be decomposed and can cause multiple problems. The team then took this issue and made their new product more environmentally friendly, making it safe and effective for use.
Out of the 11 schools that attended, Mount Union came in third place, winning a cash prize of $1,000 to split among team members.
”I couldn’t be prouder. The way our entire team worked together was awesome. Not only did we successfully earn one of top three spots, but we also had the most fun. I’m proud that our team held together. Team Mount Union came out of the week stronger and closer than we went in,” Keller said.
Next summer, the University of Mount Union will be hosting the annual Entrepreneurship Immersion Week.