SIBC hosts competition for student businesses

The 2016-2017 team. Courtesy of The Student International Business Council.

By Sam Smeltzer, The Circuit.

The Student International Business Council (SIBC) is holding a competition for all entrepreneurs to pitch their ideas for consideration for the club.

The winner will get $2,000 to start their business with the help of the SIBC taken out of the Cray Entrepreneurial Fund that has over $1 million in it.

The Student International Business Council is a club on campus that helps students acquire real world business experience outside of the classroom.

They work on several projects that help people all around the world including making and selling crosses, starfish jewelry and water with blessings. They are always looking for new projects.

Benedictine College is one of three schools that have the SIBC, the others being Notre Dame and University of San Diego, all of which were founded by Frank Potenziani. All three schools compete in a debate and this year’s is on Notre Dame’s campus.

“The mission of the Student International Business Council is to promote ‘Peace Through Commerce’,” said Audra Burke, senior and President/CEO of SIBC BC. “It’s important to make a profit, but it’s more important to make a difference.”

Junior Jack Moore, Vice President of SIBC BC, has been working since last semester to get the entrepreneur competition off the ground.

“We’re going to open this up to the whole campus,” Moore said. “We want to set up a ‘Shark Tank’ type thing, let people work on it and have the contest be sometime next spring.”

The competition is open to any major and to any business idea whether it is already being done or is brand new, Moore said.

There will be an informational meeting at 4 p.m. on Oct. 9 in the O’Malley-McAllister Auditorium, or you can attend the club meetings every Thursday at 12 p.m. in the same location.

Burke can be reached at burk1831@ravens.benedictine.edu and Moore can be reached at Moor1960@ravens.benedictine.edu.