Oklahoma State University-Oklahoma City Team Takes First in Governor's Cup Division

By Page, David | THE JOURNAL RECORD, April 26, 2013 | Go to article overview

Oklahoma State University-Oklahoma City Team Takes First in Governor's Cup Division


Page, David, THE JOURNAL RECORD


In January, a team of six Oklahoma State University-Oklahoma City students competed in the first Small Business Division at the Donald W. Reynolds Governor's Cup.

In the past, the Governor's Cup competition had divisions for graduate and undergraduate teams from colleges in the state. This year, the ninth year for the competition, the Small Business Division was added for teams from Oklahoma's two-year, regional or private universities.

The OSU-OKC team prepared a business plan for RxOmni, an application that alerts pharmacists to possible adverse drug reactions from medications prescribed to patients. The software prompts pharmacists to ask patients questions about medications to ensure that new prescriptions don't present a health risk.

Team RxOmni's work on the project was successful. The team won $10,000 as Small Business Division first-place winner.

The OSU-OKC student team included Angela Davis, Angela Estevez, Herbert G. Foncham, Lori Hasty, Kris Monier and Mayra Tello. Assistant professor Amber Hefner served as the team's adviser.

"I learned a great deal about team dynamics, leadership and how to maintain proper roles for each team member," said Monier, the team leader. "Navigating the various schedules was a crazy challenge."

A team from Rogers State University - J-Paxers - received $8,000 for finishing second in the Small Business Division. The Revolutionary Transportation team from Northeastern Oklahoma A&M College in Miami received $4,000 for third place.

"This competition put our students in a position to develop a concept from start to finish," Scott Donaldson, faculty adviser for the NEO team, said in a press release. "They gained experience in developing an idea, researching that idea, writing a business plan, and presenting to actual investors who evaluated their plan to decide if the idea would really work."

The NEO team members included Stephanie Asher, a sophomore majoring in business and accounting; Karlee Gibson, a sophomore majoring in business management and marketing; Belinda Hunt, a sophomore majoring in business administration and accounting; and Robert Woods, a sophomore majoring in business and accounting.

The NEO Business and Technology Department created a class for the students.

The Governor's Cup Small Business Division winning teams, along with those in the High Growth graduate and undergraduate divisions, were announced at a dinner in Oklahoma City. Gov. Mary Fallin was the speaker.

Governor's Cup teams identify a concept, research the market, write a business plan and present the plan before a panel of judges. …

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