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SIFE team makes mark at 2006 National Exposition

Date of Release: 06/09/2006

SAN MARCOS—The Texas State University-San Marcos Students in Free Enterprise (SIFE) team was the only university to be named a finalist in three of the six individual topic competitions at the 2006 SIFE USA National Exposition hosted by the Kansas City Business Community, May 21-23 in Kansas City, Mo.

The Texas State team, after presenting a report of the content of its year-long community outreach projects to a panel of business leaders, finished second in the SIFE USA Aflac Market Economics Competition, which included the team’s Free Enterprise Clubs, Free Enterprise Depot and Free Enterprise City at Bowie Elementary; third in the SIFE USA HSBC Financial Literacy Competition for its numerous financial projects on credit card usage, saving and investing; and third in the SIFE USA Campbell’s/Sealed Air Business Ethics Competition with its Ethical Eddie project.

More than 160 SIFE teams from across the nation competed in the exposition. The winning team of the four-year college division, Graceland University, will move on to represent the United States at SIFE World Cup 2006 in Paris, France, competing against national champions from more than 40 other countries.

“Participating in the National SIFE Competition in Kansas City provided me with one of the most valuable learning experiences I have had in college. Developing and executing projects all year long and then seeing them all come to fruition is amazing,” said Quinton Hoekstra, immediate past SIFE president. “Being on stage in front of over 1,000 people, most of whom are vice-presidents and CEOs of Fortune 500 companies, is a great feeling. On top of that, going on stage for placing in 3 out of 6 special competitions shows the continued dedication and hard work on the content of projects produced by the Texas State SIFE Team.”

Texas State SIFE advanced to the SIFE USA National Exposition by winning at the regional level in early spring. During this academic year, the SIFE team organized 38 projects in the San Marcos community, including the American Dream project. The project is composed of five key components to teach immigrant entrepreneurs the language, the culture, supply and demand, managing money, and entrepreneurial skills.

“I feel honored to be a member of the Texas State SIFE team,” said incoming SIFE President Elizabeth Miller. “We came home true winners because almost all of our graduating members have received job offers, and many of our undergraduate members have internship opportunities that they are pursuing from Fortune 500 companies who sponsor SIFE.”

SIFE is an international non-profit organization active on over 1800 university campuses worldwide in more than 46 countries. SIFE teams make a difference in their communities by organizing projects that teach: market economics; success skills; entrepreneurship; financial literacy; and business ethics. Their projects are judged at competition on creativity, innovation, and effectiveness.

For more information, contact Vicki West, Sam Walton Fellow for the Texas State SIFE team at (512) 245-3224 or vw03@txstate.edu; or Michelle West, Director of Public Affairs at SIFE World Headquarters, at (417) 831-9505 ext. 107; or visit www.sife.org.