Oswego team advances in business-projects competition

SUNY Oswego’s Students in Free Enterprise team recently won its regional business-projects competition for the third consecutive year, once again cashing its ticket to the nationals in May.

A SIFE team that included 65 School of Business students completing nine real-world projects over more than 1,600 hours of work propelled SUNY Oswego from the regionals in Philadelphia to the SIFE USA Competition May 10 to 12 in Minneapolis.

“We are very excited to be going to the national competition for the third straight year,” said Kevin Sullivan, a senior business administration major and SUNY Oswego SIFE president. “The team was created in 2002, and from 2002 to 2008 the team had only made it to the nationals twice. This truly is an amazing accomplishment and a testament to how much the organization has grown.”

Student engagement

Richard Skolnik, dean of the School of Business, expressed admiration for SIFE’s efforts.

“Student engagement is a distinctive feature of the SUNY Oswego School of Business,” Skolnik said. “SIFE’s accomplishment reflects the hard work of the students, the organization’s leadership and the faculty adviser, Dr. Raihan Khan. SIFE students develop professional skills while undertaking projects that help the local and global community.”

Students in Free Enterprise teams are active on more than 1,500 college and university campuses in 39 countries. The national winner will represent the United States in the SIFE World Cup Oct. 3 to 5 in Kuala Lumpur, Malaysia.

Other teams advancing to nationals from the Philadelphia competition included Carnegie Mellon University, Syracuse University, York College of Pennsylvania and Elmira College.

This year’s SUNY Oswego projects included:

* Providing free small-business consulting services to local entrepreneurs, partnering with the state Small Business Development Center in the college’s Office of Business and Community Relations.

* Selling hand-woven products made by impoverished women in Guatemala, with all proceeds going back to the women.

* Partnering with Pathfinder Bank and the School of Business to conduct a series of financial workshops for students and community residents titled “Money Smart.”

* Raising awareness and funds to lend to entrepreneurs around the world through a microfinance organization called Campus Kiva.

* Assisting the On Point for College organization, which helps first-generation students succeed in higher education, with its annual fundraising dinner.

“The accomplishments of SIFE are an affirmation of the strength of the School of Business,” Skolnik said.

For more information, contact the Oswego chapter of SIFE at sife@oswego.edu. To learn more about the SUNY Oswego School of Business, visit http://www.oswego.edu/business.

PHOTO CAPTION: Team effort—The Students in Free Enterprise team from the SUNY Oswego School of Business shows off its trophy after winning the SIFE regional competition for real-world business projects in Philadelphia recently. The team will advance to the SIFE USA Competition May 10 to 12 in Minneapolis.

(Posted: Apr 07, 2011)

Tags: school of business, entrepreneurial, engagement