Ouachita Baptist University scholar Hannah Martin, a senior psychology big from
Conway, Ark., competed in the last round of the 2022 Arkansas Governor’s Cup Collegiate
Small business Plan Competition, held all through the competitors awards luncheon on March 31
in Rogers, Ark. The Governor’s Cup is introduced by Arkansas Capital Corporation, a
private, nonprofit exclusive challenge finance organization based in Small Rock, Ark.
Martin entered the Winrock Automotive Tiny Business enterprise Division with her more youthful sister,
Tabitha Martin, a junior business enterprise administration major at Central Baptist College.
With each other, they devised a prepare for a gymnasium identified as Limitless Fitness.
“Limitless Fitness is a contemporary, intelligent-tech, women of all ages-only gymnasium targeted on the minds and
bodies of our associates,” Hannah claimed. “We present not only a secure place for women to
perform out and be active, but also a range of solutions to motivate, assistance and encourage
all gals included in our business.”
The Martins’ company approach focuses on developing an establishment that empowers women of all ages
to operate out in any technique they select and feel relaxed when doing so.
“Our business plan is not significantly an notion that has by no means been considered of,” claimed
Hannah. “There is evidently a large need to have for gals-only fitness centers, but no just one has gone via
with it. Ours is an open up-health club facility that will allow gals to exercising any way they
According to the 2022 Governor’s Cup Competitiveness guidebook, the system was launched in
2001 to allow university students the possibility to attain authentic-globe encounter by
the challenge of organizing and proposing a practical business though exploring the options
and methods offered to them in Arkansas to assistance them begin, expand and sustain it.
The Governor’s Cup is composed of three rounds, two of them held just about. The first
round phone calls for teams to post a showcase online video and a prepared enterprise approach. Judges
then select 6 teams from each individual division—Small Company/Life style and Large Growth/Technology—to
progress. In the 2nd round, groups submit a revised enterprise approach dependent on the judges’
feed-back from round just one and give an oral presentation. Judges then opt for the top
three winners in each and every division. The last spherical involves a 90-second pitch at the awards
luncheon, and the viewers decides the winners for equally divisions.
“It was definitely amazing to see our plan set onto paper,” mentioned Hannah. “It was pretty
annoying to harmony operate towards this competitiveness and schoolwork. It was also complicated
only currently being a two-member group, but we produced it function. I really have acquired how to set
my know-how of company into action.”
The winnings for the Smaller Enterprise/Life-style division are $5,000 for third area,
$10,000 for second put and $15,000 for to start with.
“We did not place in the prime three in the competition,” explained Hannah. “However, it
was a phenomenal encounter feeling the guidance of anyone we encountered at the
competitiveness that 7 days. It confirmed us that we can seriously make this aspiration occur true and
have tons of people’s help even though accomplishing so.”
Three Ouachita groups from the Hickingbotham School of Company capable for the initial
spherical of the Governor’s Cup Competitors by placing in the annual Ouachita Business enterprise
Plan Competitors in November.
- EZK9 gained first area, led by Chris Bryan, a senior finance big from Dallas, Texas,
and Jacob Road, a senior finance and company administration/administration double key
from Nacogdoches, Texas. Organized as an LLC, EZK9 is a roundtrip chauffeur provider
providing transportation of animals on luxury shuttles to nearby animal day care centers. Dr.
Chris Brune, affiliate professor of finance and George Young Chair of Small business at
Ouachita, was the staff advisor.
- SWINK attained 2nd location, led by December 2021 Ouachita graduates Eli Schroeder from
Fayetteville, Ark., who earned a Bachelor of Arts diploma in personal computer science, and
Kaitlyn Bolton from Pine Bluff, Ark, who gained a Bachelor of Arts diploma in company
administration with emphases in promoting, sports activities management and management and Connor
Howell, a senior small business administration/entrepreneurship major from Wake Village,
Texas. SWINK is a software support that generates synthetic intelligence versions to
system pure facts. Johan Eriksson, checking out assistant professor of company administration
and director of entrepreneurship courses in the Hickingbotham University, was crew advisor.
- VCTR received third location, led by Lindsey Hartness, a December 2021 Ouachita graduate from
Spring, Texas, who acquired a Bachelor of Arts diploma in communications & media/strategic
communications and business administration/administration Erica Chapman, a senior organization
administration significant with emphases in management and advertising and marketing from Rogers, Ark.
Greg Bryant, a senior small business administration big with emphases in entrepreneurship
and administration from Springdale, Ark. and John Michael McCollett, a senior small business
administration/entrepreneurship important from Arkadelphia, Ark. Hartness represented
the staff at the Governor’s Cup. VCTR is an application that simplifies the arranging
and coordination of activities and competitions that require a pool of income and an award
payout to winners. Eriksson encouraged VCTR, as nicely.
“Our pupils did a great occupation representing their enterprise programs and the Hickingbotham
School of Business enterprise,” stated Eriksson. “We are quite very pleased of the function they did. Operating
with our company plan pupils has been a vibrant emphasize for me. I am persuaded
we will carry on to see fantastic solutions and suggestions in long run competitions, and I’m
hopeful that we can before long provide further level of competition options for our learners.”
To understand more about the Hickingbotham Faculty of Company and the Governor’s Cup Level of competition,
make contact with Johan Eriksson at [email protected] or at (870) 245-5071.
Photograph by Levi Dade