SIFE is a global, nonprofit student organization, which specializes in learning, practicing, and teaching the principles of free enterprise. The purpose of SIFE is to expand students' abilities outside of the classroom by using their knowledge and skills to educate members of the James Madison University and local communities; as well as businesses in the surrounding area through community service and occasional philanthropy.
SIFE was established at James Madison University in October 2003 and became a recognized organization in December 2004. The group is comprised of and run by JMU students, under the advising of Professors Bill Ritchie and Fernando Pargas of the College of Business.
Each year, the team completes projects in preparation for the annual Regional Competition. James Madison University SIFE was awarded "Rookie of the Year" and "Second Runner Up" in their first year of operation at the Regional Competition in Washington, D.C.
In April 2005, JMU SIFE won the Regional Competition in Alexandria, Virginia and proceeded to compete in the National Competition in Kansas City, Missouri against other regional champions from around the nation.
The team recently won the title of 1st Runner Up at the 2006 Charlotte Regional Competition.
Bill Ritchie, Faculty Advisor
Fernando Pargas, Faculty Advisor