Westminster College Announces Edward Scholarship Winner
Posted on Thursday, May 3, 2007
Cortney D. Fry, a junior with a double major in accounting and music from Smithville, Ohio, won the 2007 David W. Edward Entrepreneurship Scholarship Competition, presented by the Westminster College Department of Economics and Business.
The competition is open to Westminster students with at least 16 accounting, business, or economics credit hours accumulated by the end of the previous fall term and who will graduate from Westminster sometime after the upcoming summer term. The competition requires students to prepare and present a business plan depicting the creation of a new or substantially improved business, product, or service, or some combination of those three.
Fry's business plan detailed the start up of a unique sports bar in Wooster, Ohio. The business plan concept included the complete redesign and furnishing of a strategically located, existing facility. Her plan presented a well-documented market analysis of both the target customer base and the competitors, as well as addressed the growth and changes occurring in the bar/restaurant business. Her plan summarized her business expectation with a financial projection covering the next three years. Fry, and the other competition finalists, presented their plans to a panel of judges April 25.
Other winners in the scholarship competition were Matthew D. Dangel, a sophomore double major in accounting and business administration from Saegertown, winning second place with a business plan for a manufacturer of wood home heating fuel and related products. Ashley L. Carnahan, a sophomore business administration major from Greensburg, won third place with a business plan for a contemporary bowling alley geared primarily towards youth bowling.
Contact David Smith, Westminster College assistant professor of accounting, at (724) 946-7161 or e-mail smithdc@westminster.edu for more information.
More Stories
