MSU’s Team of Scholars Participate in National Entrepreneurial Competition
A team of enterprising Morgan students were selected from more than 500 applicants representing 10 Historically Black Colleges and Universities (HBCUs), to compete in the Moguls in the Making program. Sponsored by Ally Financial Inc. and the Thurgood Marshall College Fund (TMCF), in collaboration with Hip-Hop star and entrepreneur Sean ‘Big Sean’ Anderson, Moguls in the Making is an inventive program aimed at preparing students from HBCUs to become future entrepreneurs and members of the business community.
This weekend, Morgan’s team* consisting of juniors Evan Robertson (Finance), Nile Walker (Computer Science), and Oyare Victor Oko (Electrical Engineering), and sophomores Kiley Williams (Information Science and Systems) and Stanley Nwakamma (Electrical and Computer Engineering) are in Detroit along with 45 other scholars to compete for the top spot. Working in teams of five, they will compete by developing business plans that include solutions to economic issues facing various industries in Detroit. The teams will then pitch their solutions to a panel of judges that includes Big Sean along with representatives from Detroit vs. Everybody, Ally Financial and TMCF.
In the lead up to the competition, the students will participate in mentoring sessions, hear from local business leaders, and attend financial education classes. The purpose behind the creation of the Moguls in the Making program is to give young entrepreneurs a platform and encouragement to develop much-needed business skills.
The 10 HBCUs represented by student teams include Morgan State University, Alabama A&M University, Elizabeth City State University, Florida A&M University, Howard University, Jackson State University, Norfolk State University, Virginia State University, Tennessee State University and North Carolina A&T State University. In addition to key learnings from the program, the winning team will receive internships from Ally, a $5,000 scholarship for each team member and MacBook Air computers. They will also have a chance to meet with Detroit native Big Sean and to learn more about the Sean Anderson Foundation.
Good luck Bears as you show the City of the Detroit “The Morgan Way” to come up with innovative solutions!
*Original team member Stephen-Michael Thompson Jr. had to resign from the competition due to a family emergency.