Fort Morgan, CO. 12/23/13. Morgan Community College (MCC) students, faculty, and administrators recently gathered for an awards banquet to celebrate the completion of the Business Partnership Program and announce this year’s business plan winner.
The El Pomar Foundation granted MCC $50,000 for the program, covering tuition and fees as well as supplying students with laptops, software, and textbooks for the 3-credit course. Only ten students were selected to participate in the class. The small student teacher ratio enabled the participants to develop a business plan, project costs, and calculate their return on investment. Student’s work was evaluated by a non-college panel at the end of the semesters through a presentation. The top three awards were paid from the El Pomar grant.
“This is a win-win proposition for the El Pomar Foundation, for MCC, and for our communities in eastern Colorado. The El Pomar Foundation provided the means for MCC to conduct an entrepreneurial business class in which students were trained to write practical business plans,” says MCC President Dr. Kerry Hart.
Viaero Wireless also donated to this year’s program, allocating $3,000 towards a fourth place award.
"These grants provide a financial incentive to the students whose business plans rank as one of the top four of the class. Then, upon completion of the class, the business plans are ready to be translated into starting a new business or for the expansion of an existing business,” adds Hart.
First place, receiving $10,000, went to Synergy Health Club, presented by Nicole Alexander. Brandon Kral earned second place and $8,000 for his proposal of opening Spartan Lanes Bowling Alley. The third place recipient was Kristin Lindsey and Monarch Organizing & Design, LLC for $7,000; and Brent Kliesen, with Kliesen Farms, took fourth.
This year, a fifth place award of an additional laptop was presented to Wes Sailsbery for his plan for Reverse S Brewing.
“This level of generosity from the El Pomar Foundation and Viaero created unique opportunities to directly impact economic development throughout communities in MCC's expansive service area in eastern Colorado," notes Hart.
To find out more information about the Business Partnership Program, contact Jaylene Evans at (970) 542-3168. To find out more about business courses at Morgan Community College, visit MorganCC.edu or stop by an MCC Center nearest you.