GGC team wins a chance at $50K business plan investment

A student team from Georgia Gwinnett College was one of two winners at a March 3 Social Business Workshop, initiated by the University System of Georgia (USG). The GGC team and the other winning team, from Southern Polytechnic State University in Marietta, will participate in the 10-week Village Capital-Atlanta funding competition. The April-June event offers a chance to win a $50,000 business investment.

A student team from Georgia Gwinnett College was one of two winners at a March 3 Social Business Workshop, initiated by the University System of Georgia (USG). The GGC team and the other winning team, from Southern Polytechnic State University in Marietta, will participate in the 10-week Village Capital-Atlanta funding competition. The April-June event offers a chance to win a $50,000 business investment.

Other participating institutions included Fort Valley State University, Gainesville State College, Georgia State University and Valdosta State University.

During the workshop, student teams met with mentors from Atlanta-area businesses interested in supporting social businesses in the state. The mentors reviewed each team’s business plan and presentation while providing feedback to the students. Winners were selected after all teams made formal presentations.

Participating teams were selected as having the best student-generated social business ideas during a state-wide social business plan competition hosted by the USG Board of Regents last October. The teams created proposals addressing community issues and promoting job creation within local communities. GGC’s team placed third among 38 colleges and universities in the October competition. The students presented a business plan called “Read4Life!”  It is designed to eradicate adult illiteracy, which affects 1.5 million people in Georgia. Team members included business majors Adam Herbert, Shalaya Morissette, Kathy Cheng, Sasha Ruiz and Elizabeth C. Smith. Cheng and Ruiz are 2011 graduates of GGC.

The team’s social business plan was inspired by Morissette’s personal life experience – her mother did not know how to read.

“The project means a lot to me,” said Morissette. “It’s a simple idea, but there are adults who can’t perform simple tasks like reading prescription bottles or books to their children. With the right resources, they will.”

The workshop was hosted by Georgia Gwinnett College in collaboration with the University System of Georgia and TiE-Atlanta.

Return to News and Events

View our News Archive by Year