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Westminster Announces Edward Entrepreneurship Winner

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Posted on Monday, May 1, 2006

Stafanie Romeo, a junior history and economics major at Westminster College, has been named the winner of the 2006 David W. Edward Entrepreneurship Scholarship Competition.

"The competition requires students, as individuals or in teams of up to three students, to prepare and present a business plan depicting the creation of a new business, project, service, or some combination of the three," said David Smith, assistant professor of accounting at Westminster.  "For 2006, the requirement of the competition was to create a new or substantially improved product.

"Stefanie's business plan detailed the creation of a new product line of stackable trays to help preserve, transport, and store food inside larger, existing food storage containers," Smith said.  "Her business plan addressed key issues such as product design, production strategy, evaluation of the existing market and competitive environment, product marketing, key management, and cash flow and profit projections"

Romeo is a daughter of David and Devina Romeo, Bessemer, and a graduate of Mohawk Area High School.

Contact Smith at (724) 946-7161 or e-mail smithdc@westminster.edu for more information.