SIFE Wins 10th Straight Regional Competition
The Alma College Students in Free Enterprise (SIFE) team claimed its 10th consecutive regional championship after presenting its yearlong community economic and business outreach projects to a panel of business leaders April 7-8 in Chicago.
The regional win qualifies the team to represent Alma College at the national SIFE competition in Minneapolis May 11-13. The national winner advances to the SIFE international competition in Los Angeles in October.
Thirty-two of the 112 members of SIFE competed against teams representing colleges and universities throughout the Midwest, said Ron Lemmon, faculty advisor. Alma College will be one of 80 teams out of approximately 1,200 nationally competing at the nationals.
Alma’s SIFE team presented 26 community-outreach projects to panel of Fortune 500 CEOs, said Lemmon. They included a business ethics project in a local middle school, teaching success skills to inmates in a local prison, and sending students to Uganda to help AIDS-infected women start micro businesses in their communities.
“These projects encompassed more than 4,900 hours of volunteer service, focusing on teaching the principles of the free enterprise system and educating the local community and our campus on the merits of entrepreneurship, economics and success skills,” said Lemmon.
SIFE is an international non-profit organization active on more than 1,600 college and university campuses in 48 countries. SIFE teams create economic opportunity in their communities by organizing outreach projects that focus on market economics, entrepreneurship, personal financial success skills, and business ethics.
At regional and national competitions, SIFE teams present the results of their educational outreach projects and compete to determine which team was most successful at creating economic opportunity for others. Projects and presentation skills are judged by business executives, who base their decisions on creativity, innovation and effectiveness.
The mission of Alma College SIFE is “to raise the standard of living in mid-Michigan by teaching the principles of free enterprise through a variety of educational outreach programs developed and implemented by dedicated Alma College students,” said Lemmon.
Posted: Tue, April 13th, 2010 at 12:50PM