Alumni mentors prepare students for competition
News
SUMMARY: Former Business Plan Competition participants return to mentor and guide the final five teams.
In the 20-plus years since its inception, the Business Plan Competition has grown exponentially, serving as the culmination of the College of Business’s benchmark course, COB 300. All CoB students are required to take the 12-credit-hour core course which integrates finance, management, marketing and operations. Now called the Rainy-Shepard-Kushel Business Plan Competition in acknowledgement of the financial contributions of Don Rainey (‘82), Russell “Rusty” Shepard (‘86) and Rick Kushel (‘87), students will vie for over $50,000 in scholarships.
More than 100 business plans are submitted each year for consideration. After multiple rounds of review, the top five advance to the final round of the competition. There, judges weigh the quality of each team’s preparation and presentation, as well as the originality and potential profitability of the idea submitted.
Students have plenty of support along the way, with each team assigned a competition alumni mentor. These mentors are seasoned veterans who have successfully navigated the challenges and triumphs of past competitions. With their wealth of experience and expertise, the guidance they provide to current participants is invaluable.
Get to know this year’s competition alumni mentors!

The biggest challenge my team faced was related to our finances. We had some difficulties managing who was taking care of our finances, but one team member ended up pulling through big time for our team and redoing every inch of the finances section of the plan.
After the judges came back from their deliberations, Justin Quaglia was in charge of announcing the results of the competition. He said, "And I must say, this was the first business that I've seen in probably 10 years of doing this that I would invest in today. C-ERA." In the moment, winning the competition was extremely exciting and rewarding, but I also attribute to that moment the entirely new perspective I gained on so many things in life. Not only was I part of a team that came up with a great idea, I also met a group of lifelong friends, learned a lot about business and working in a team, and found that hard work can be extremely rewarding. I often look back on that moment and remind myself of the importance of keeping an open mind to new opportunities. We came in with an open mind and gave it everything we had on that day. Having the opportunity to stand in a room full of experienced judges, dedicated faculty, incredible peers and the support of my family is something I will always cherish. 
and storytelling. It taught me to think more entrepreneurially, which has been beneficial to my career because I’m always pitching new ideas and trying to get buy-in from various stakeholders.
Realizing just how capable I am of achieving things that once seemed beyond my reach has been one of the most valuable lessons learned. During my freshman and sophomore years, the idea of competing in the competition felt like an unattainable aspiration, but my participation taught me that success is accessible to anyone, and that I shouldn’t limit myself by assuming something is unattainable. Not only did my team and I make it to the competition, but I was also honored to receive an MVP award, which further reinforced my belief in the power of persistence and self-confidence.