Team Lake Erie College places 2nd in Entrepreneurship Immersion Week finals

Academics,

Lake Erie College is proud to announce that Team Lake Erie College came in second place in the finals at Entrepreneurship Immersion Week (EIW), an annual week-long event presented by the Entrepreneurship Education Consortium (EEC).

Held this year at the University of Mount Union from July 31 through August 5, EIW was an intense week of educational experiences and fun for all involved.

Teams of five students from each of the EEC’s 11 schools were responsible for spawning a unique business concept, researching its potential in a targeted marketplace, surveying potential customers online and in person, developing a marketing plan and justifying it with a financial forecast including startup costs, projected revenues and hopeful profits.

The week culminated with formal presentations on Friday in front of a panel of entrepreneurial judges, where Team Lake Erie College pitched a unique solution for a problem they identified in the beverage industry.

The talented students on Team Lake Erie College included Samantha Austin, Austin Jones, Danielle Corbin, Gwendolyn Grace Holbook and Desmond Stanley. They were advised by Jeff Eakin and Peter Apicella of the Center for Entrepreneurship at Lake Erie College and represented areas of study ranging from biology to equine management studies.

“Jeff and I are so very proud of each of our students as individuals and, as importantly, their efforts as a team,” said Apicella.

Other participating schools in the EEC included Ashland University, Baldwin Wallace University, Cleveland State University, Case Western Reserve University, Hiram College, John Carroll University, Kent State University, Lorain County Community College, the University of Akron and the University of Mount Union. Team John Carroll came in first place while Team Mount Union came in third.

For more information on Lake Erie College’s participation in Entrepreneurship Immersion Week, contact Peter Apicella at papicella@lec.edu.

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