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Cheyney University's ELC Hosts Entrepreneurial Fair & Business Plan Competition Awards Ceremony

Angelitta Anderson

April 18, 2014

NBA champion, entrepreneur, author, and philanthropist Derek L. Anderson to give keynote address at Cheyney University's Business Plan Competition Awards ceremony Wednesday, April 23

NBA champion, entrepreneur, author, and philanthropist Derek L. Anderson to give keynote address at Cheyney University's Business Plan Competition Awards ceremony Wednesday, April 23

Cheyney University will hold its Spring Entrepreneurial Leadership Fair on Wednesday April 23, 2014 in the Marcus Foster Student-Alumni Center auditorium. The fair will run from 9:00 am – 2:00 pm. The day will kick off with a motivational presentation by 1988 CU graduate Darrell “Coach D” Andrews, who will discuss Finding Your Passion for Entrepreneurs.

The morning program includes concurrent workshops facilitated by successful entrepreneurs. They include, Founder and CEO of Clark Entertainment and Sports, Christina Clark, who will talk about Building Meaningful Business Relationships for Entrepreneurs; Chief Consultant Danielle Pritchett of the DNMP consulting firm who will discuss Time Management for Entrepreneurs; and Founder & CEO of Valentine Global, LLC Chike Uzoka who will talk about Startup Funding for Entrepreneurs. The sessions will conclude with an hour-long networking lunch beginning at 1 pm. Resource tables will be hosted by the following: United States Census Bureau, United States Small Business Administration, Disadvantaged Business Enterprises Supportive Services Center, Small Business Enterprises Supportive Services Center, and Chester County Chapter of SCORE. Attendees will be able to secure information from the resource tables and engage in informal discussions with the representatives. Registration is required to attend the Entrepreneurial Leadership Fair. To register online go to www.cheyney.edu/economic-workforce/Entrepreneurial-Leadership-Center.cfm or contact the Center at 610-399-2057.

The Cheyney University Business Plan Competition Awards ceremony at 7 pm will cap the daylong events. The Awards Ceremony will be held in the Duckrey Social Sciences Center on campus. The keynote speaker for the evening will be NBA champion, entrepreneur, author, and philanthropist Derek L. Anderson. Anderson is the author of the inspirational book Stamina. He will share his powerful story of overcoming hardships at an early age and how he built a successful life for himself.

“Against all odds, Anderson became a consummate athlete, a successful entrepreneur, and philanthropist,” explained Executive Director of the Economic and Workforce Development Center Sharon Cannon. “I believe that his journey will resonate with Cheyney University students and I believe his commitment to making a difference will inspire us all. Anderson credits his success to stamina.”

As for the competition, Cannon says, "This year’s five finalists are conscientious and have worked hard on their business plans throughout their winter and spring breaks. Their dedication is what got them to the finish line.”

All five student-entrepreneurs, Julian Dunn, Dymund Coles, John Cooper, Travis Elliot, and Rhonda Parham, and their business ideas will be presented at the Business Plan Competition Awards Ceremony. Before the end of the night, the winner of the 2014 Cheyney University Business Plan Competition will be announced.

The Cheyney University Business Plan Competition runs throughout the fall and spring semesters. The ELC Lectures Series provides students with leadership presentations to support them in the development of their business plans. The students were assigned mentors from the Chester County chapter of SCORE who provided free professional mentoring.

Coles, a sophomore, is grateful for the experience. The budding entrepreneur said she participated in the competition because she wanted to expand her freelance work and grow as an individual and business owner.

Before the competition, Coles admitted, "I didn’t have the technical written plan, the financial or marketing analyses. The competition helped me a lot. I feel like I now have the proper tools and the knowledge to become a successful entrepreneur.”

Dunn, a senior, agrees. “Win, lose or draw, this has been an enlightening experience that has allowed us to take our ideas and turn them into opportunities.”

For additional information about the Entrepreneurial Leadership Fair, or the Business Plan Competition Awards Ceremony, contact Sharon Cannon, Executive Director of Cheyney University's Economic & Workforce Development Center,scannon@cheyney.edu or by telephone 610-399-2057.