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 SD Mines  

Founded in 1885, the South Dakota School of Mines & Technology is a science and engineering research university located in Rapid City, S.D., offering bachelor’s, master’s and doctoral degrees. The university enrolls 2,778 students with a student-to-faculty ratio of 15:1. The SD School of Mines placement rate is 96 percent, with an average starting salary of $62,929. Find us online at www.sdsmt.edu and on Facebook and Twitter.

 

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