Ferrum College Students Win SIFE CompetitionAgain!
For immediate release:
April 21, 2010
The Ferrum College Students in Free Enterprise (SIFE) Team recently returned from
Charlotte, North Carolina with yet another champion’s trophy. 30 students who, have
worked since September, on projects such as: financial literacy, The Reality Store,
cultural etiquette, Fasting for the Hungry, The next Step, The Last Mile broadband
initiative and ethics placed first in League four. The team now goes on to compete
at SIFE Nationals in Minneapolis May 11-13.
“I am so proud of these students. They have gone out and served the community with
real projects that will yield real results to make this a better community. In the
process they have learned how to apply what they’ve learned in class,” said Dr. Demetri
Tsanacas, Ferrum College Professor of Business. Tsanacas started SIFE at Ferrum in
1988 and has had a long string of regional victories. The 2010 win marks 20 consecutive
Ferrum students, Samantha Naff, Heather Marshall, Steven Slusher, Stephen Burgyone,
Andrew King, Jessica Summers, among others, worked in the community to do promote
entrepreneurship, economic education and marketing skills to small business owners,
to high school students and to Ferrum College students. Their efforts have been recognized
by the Franklin County administrators as well as Ferrum College.
They also undertook projects to conserve electricity and to recycle food waste.
“It was a great experience, said Stephen Burgoyne, a senior who worked on the Last
Mile broadband project and who hopes to fly helicopters in the military after graduation.
“Competing was fun, and it was nice to win, but helping local businesses, and seeing
how business works is what’s really important.” Having said that Burgoyne concedes,
“It would be nice to win in Minneapolis.”
Dr. Leslie Lambert, Provost at Ferrum College had high praise for the students and
the program. “SIFE is one of the strongest programs we have at Ferrum,” she said.
“Year after year, Dr. Tsanacas and his students make us proud.”
Seven Students will board a plane on May 11th for the competition in Minnesota. Where
they will be competing against SIFE teams from colleges and universities from across
the United States.