Mines News

Release Date Friday, December 1, 2017

College, High School Students Pitch Business Plans at Saturday’s ‘Shark Tank’ Style Competition

Students will present business plans to a panel of expert judges in the Classroom Building, room 204-W on the SD Mines campus. The media and public are invited.

RAPID CITY, S.D. (Dec. 1, 2017) – The South Dakota School of Mines & Technology will host finalist presentations and awards for the fourth annual Competitive Entrepreneurial Opportunity (CEO) Student Business Plan Competition starting at 8:30 a.m. on Saturday, Dec. 2.

This year 10 teams of students from South Dakota Mines, Black Hills State University and local high schools will vie for $8,500 in prize money as they pitch the business and financial plans they have been working on since August. They have been mentored by the university’s Entrepreneurs-in-Residence and local business leaders to prepare for this “Shark Tank” inspired competition.

Students will present business plans to a panel of expert judges in the Classroom Building, room 204-W on the SD Mines campus. The media and public are invited.

Since the launch of SD Mines CEO Competition three years ago, CEO competitors have won first place at the Governor’s Giant Vision Awards Competition in Sioux Falls each year.

“This event promotes the innovation and entrepreneurial spirit fostered by SD Mines. These ideas and inventions can be the start-up businesses of tomorrow that will create jobs and support economic growth in South Dakota.  We are proud of these students,” says SD Mines Interim President Jan Puszynski.

The sponsors for this event are:

Black Hills Business Development Center

Big D

West River Electric

Governor’s Office of Economic Development

Regional Health

Sioux Steel Co

Darren Haar

Golden West Technologies

SD Mines Office of the President

Click for a map of the South Dakota Mines campus.

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About South Dakota Mines  

Founded in 1885, South Dakota Mines is one of the nation’s leading engineering, science and technology universities. South Dakota Mines offers bachelor’s, master’s and doctoral degrees and a best-in-class education at an affordable price. The university enrolls 2,475 students with an average class size of 24. The South Dakota Mines placement rate for graduates is 97 percent, with an average starting salary of more than $66,150. For these reasons College Factual ranks South Dakota Mines, the #1 Engineering School for Return on Investment. Find us online at www.sdsmt.edu and on FacebookTwitter, LinkedInInstagram and Snapchat.

Contact: Charles Michael Ray , 605-394-6082, charles.ray@sdsmt.edu

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