Grove City Students Place 2nd, 3rd in CEO BizLaunch Week Challenge

GROVE CITY, Pa. – Grove City College student entrepreneurs placed second and third in the Collegiate BizLaunch Week’s Marketplace Simulation Challenge.

Eric Dudgeon, Sierra Nagy, Ben Salaj and Cameron Suorsa comprised the team Two Tired, which placed second and won a $750 award during the national virtual event sponsored by the Collegiate Entrepreneurs’ Organization. Dudgeon and Suorsa are returning champions and were part of last year’s team that won first place.

Joe Gray, Jonathan O’Brien, Hannah Sedam and Nathan Warrick of team Animal Park took third place and a $400 price this year.

The business simulation challenges students to run a global startup venture. In the process, they identify market opportunities, design new products, create ad campaigns, manage a sales team, schedule production and manage cash while trying to outpace their competitors.

This year, 17 teams were narrowed to six finalists who were invited to present to the Marketplace Simulation’s Board of Directors.

Kenneth Smith, assistant professor and assistant director of the Center for Entrepreneurship + Innovation at Grove City, uses the simulation in his Managing a Growing Enterprise course.

“I love that CEO added the presentation to their Board as part of the competition,” Smith said. “It adds the challenge of explaining your strategy, a challenge I know our students are up for.”

Source: Grove City College

Published by The Business Journal, Youngstown, Ohio.