For the second consecutive year, a Plymouth State University Small Business Institute® (SBI) team of MBA students took first place in the national SBI case of the year competition. Additionally, SBI is celebrating its new home on the second floor of Meredith Village Savings Bank on Main Street.
Tom Burton, Julie Findley and John Gobel won for their report for Green Mountain Physical Therapy, of Lebanon. Kay Donesasorith, Bobby Szymcik, Rob Gillis and Alejandro Henriquez received the fourth place case of the year award for their comprehensive business development plan for Gap Mountain Breads, Bakery and Café located in Troy.
“For the last seven consecutive years PSU teams have won the regional competition and then captured at least one national first and/or second place award in the case of the year competition,” says PSU SBI Director Craig Zamzow. “One of the factors that contribute to our success is the quality of our students. They tend to be older and have had professional, real-world experience in business before they join the program.”
The SBI program is designed to give smaller businesses intensive management counseling from qualified graduate students, at no charge to the client. In turn, students receive valuable training and experience within a service-learning model. Moving the SBI program, along with the Small Business Development Center (SBDC), to its new home in the Meredith Village Savings Bank building, a recent addition to Main St., Plymouth, will make it even easier for small business owners to find this kind of assistance.
According to Sam Laverack, executive vice president of Meredith Village Savings Bank, “It’s wonderful to have the Small Business Development Center and the bank located together. We’ve always had a great connection with the University. Plymouth State is a big part of this community and I like to think the bank is too.”
PSU’s SBI offices are located on the second floor of the Meredith Village Savings Bank, 131 Main Street, Suite 203. The office is open Monday through Friday from 9 a.m. to 4 p.m. Walk-ins are welcome, but appointments are preferred. For more information call the SBI office at (603) 535-2921 or the SBDC at (603) 535-2523. An open house will be held at the new facility from 4:30-6:30 p.m. Friday, April 15.