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Southern Miss Team Places Second in Shark Tank Competition
Entrepreneurship students from the College of Business at The University of Southern Mississippi took second-place honors during the Alley Scholars Leadership Summit and Shark Tank competition held Feb. 28 at the University of Arkansas in Fayetteville.
The students won a cash prize of $2,500 and were led by Shonice Musgrove (senior, entrepreneurship major); Kimberly Loving (senior, entrepreneurship major); Georgia Justice (senior, entrepreneurship major), and Irene Morton (junior, human resources major).
The Alley Scholars Shark Tank Challenge is designed to provide collegiate entrepreneurs a real-world experience to develop their business plan and network and with successful entrepreneurs and business professionals.
The event recognizes aspiring students who demonstrate an understanding and mastery of the process required in developing and implementing a new business venture. The competition is open to undergraduate students currently enrolled in college.
The business plan presented by the Southern Miss team was Koshi Footwear, which specializes in footwear for young girls with larger shoe sizes or wide or narrow widths. Dr. SherRhonda R. Gibbs, associate professor of management at Southern Miss and the group’s advisor, noted that the students plan to divide the prize money and perhaps pursue the venture further.
About The University of Southern Mississippi
Founded in 1910, The University of Southern Mississippi is a comprehensive doctoral and research-driven university with a proud history and an eye on the future. A dual-campus university, Southern Miss serves students on campuses in Hattiesburg and Long Beach, in addition to five teaching and research sites in Mississippi and through Online at Southern Miss. Since 2006, Southern Miss students have collected seven Goldwater Scholarships, three Truman Scholarships and 10 National Science Foundation Graduate Research Fellowships. Our Center for Undergraduate Research affords our students meaningful research opportunities, and as a proven leader in innovation, we conduct transformative research that translates into real-world solutions. As one of a select number of institutions in the nation accredited in art, dance, music and theatre, we are a haven for creativity and artistic expression. In the classroom or lab, on the playing field, or in the performance hall, we strive to have a positive impact not only on our students, but also the world around us. Further information is found at www.usm.edu.
