April 26, 2005
Contact: Anika Mitchell Perkins
MUW SIFE team wins at regional competition
COLUMBUS, Miss. -- The Mississippi University for Women
Students in Free Enterprise (SIFE) team returned to
Columbus as winners after participating in the New
Orleans SIFE USA Regional Competition.
The team took the trophy over two other rookie teams
from Talladega College and Southeastern Louisiana
University at Hammond. The event was one of 21 SIFE USA
Regional Competitions being held across the USA in
MUW’s SIFE team presenters included Todd Mordecai of
Columbus, Secretary Jacqueline Jones of Starkville,
President Tim Fields of Columbus and Renaird Sanford of
West Point. Their faculty advisor, Dr. Janie R. Gregg,
was awarded a SIFE International Sam Walton Fellowship.
Sanford, a senior management major, said, "Presenting
our projects at a regional competition was a great
experience for me. We met so many people from other
schools and learned how they had coordinated projects.
We obtained many ideas that we can bring back to our
Dr. Gregg added, "The students came away with great
confidence in themselves. Many of the executives openly
praised them on their presentation skills and for all
they had accomplished in such a short time (less than
three months). The students also interviewed with
several companies who were recruiting during the event."
MUW's SIFE team started in February in the
entrepreneurship class offered in the Division of
Business and Communication.
The students created four worthwhile projects, including
an entrepreneurial speaker series in which local
entrepreneurs come to the class and discuss their
experiences in starting and operating a business.
One group brought underprivileged youth to the campus
and taught the youth and their mothers how to get
on-line and purchase products as well as how to start a
checking account. They later took the families to dinner
and discussed managing the money they were using for
dinner to cover the costs of what they were purchasing.
A second group taught high school seniors how to open a
bank account and the importance of keeping the balance
on a daily basis to avoid overwriting the account and
discussed the importance of saving for the future.
The third group of students taught the elderly at a
local facility to recognize and avoid Medicare scams,
how to prevent identity theft and how to report and deal
with fraudulent telemarketers. The senior citizens were
given a brochure with telephone numbers related to
reporting scams to the proper authorities.
SIFE is an international non-profit organization active
on more than 1,800 university campuses in more than 40
countries. SIFE teams create economic opportunities in
their communities by organizing outreach projects that
teach market economics, entrepreneurship, personal
financial success skills and business ethics.
Corporate executives from major Fortune 500 companies
judge their projects on creativity, innovation and