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MNE students share business plans a la Shark Tank

Wednesday, November 29, 2017 - 11:00am

The environment won’t be quite as cutthroat as Shark Tank but there will be plenty of big fish in the room on Monday, Dec. 4, as Mercyhurst North East students present their business plans.

As part of the special event, six teams of students in the Entrepreneurship class will be pitching their business concepts and networking with local business owners, members of the North East Chamber of Commerce and faculty.

The event will be held at 5 p.m. in the Ridge Great Room and will include poster boards with key points, business plans and even materials like business cards.

“The North East community is very much a part of what makes Mercyhurst North East unique,” said Jessica Spanogle, instructor of business.  “By having the ability to share these business plans with the local community, our students have a way to strengthen that relationship through networking and idea sharing. In addition, the project provides a unique experience to apply many of the skills they are learning in the classroom.”

This year’s Entrepreneurship class is novel in that several students have already started businesses or have plans to do so upon graduation, Spanogle added. “This project gave these students the ability to improve their business models so that they have a very polished end result that they can take and use in practical application.”

Of the 23 students in the class, seven students are attending Mercyhurst North East after a layoff from GE through the TAA program, a federally funded retraining program.