{"id":6670,"date":"2013-04-11T11:57:31","date_gmt":"2013-04-11T15:57:31","guid":{"rendered":"http:\/\/www.tcnjmagazine.com\/?p=6670"},"modified":"2014-01-25T18:09:55","modified_gmt":"2014-01-25T23:09:55","slug":"ms-guitars-licks-the-opposition-in-this-years-mayo-business-plan-competition","status":"publish","type":"post","link":"https:\/\/www.tcnjmagazine.com\/?p=6670","title":{"rendered":"M&#038;S Guitars licks the competition to claim the top prize in Mayo Business Plan Competition"},"content":{"rendered":"<figure id=\"attachment_6671\" aria-describedby=\"caption-attachment-6671\" style=\"width: 300px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.tcnjmagazine.com\/wp-content\/uploads\/2013\/04\/2013-MBPC-check-700x500.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-6671\" alt=\"(L\u2013R): Dean of the School of Business William Keep presents the 1st Place prize of $12,000 to M&amp;S Guitars: James Seyffart, Alex Matteson, and Tim Pfenninger. Photo (c) Deric Raymond '11\" src=\"http:\/\/www.tcnjmagazine.com\/wp-content\/uploads\/2013\/04\/2013-MBPC-check-700x500-300x214.jpg\" width=\"300\" height=\"214\" srcset=\"https:\/\/www.tcnjmagazine.com\/wp-content\/uploads\/2013\/04\/2013-MBPC-check-700x500-300x214.jpg 300w, https:\/\/www.tcnjmagazine.com\/wp-content\/uploads\/2013\/04\/2013-MBPC-check-700x500.jpg 700w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-6671\" class=\"wp-caption-text\">(L\u2013R): Dean of the School of Business William Keep presents the 1st Place prize of $12,000 to M&amp;S Guitars: James Seyffart, Alex Matteson, and Tim Pfenninger. Photo (c) Deric Raymond &#8217;11<\/figcaption><\/figure>\n<p>The M&amp;S Guitars team, made up of finance majors <strong>James Seyffart &#8217;14<\/strong> and <strong>Tim Pfenninger &#8217;14<\/strong> and mechanical engineering major <strong>Alex Matteson &#8217;13<\/strong>, claimed the $12,000 grand prize in this year&#8217;s Mayo Business Plan Competition, a contest designed to increase student appreciation for the challenges associated with developing a viable business offering (product or service) while, through an iterative process, recognizing those students best able to articulate a plan that addresses these challenges.<\/p>\n<p>The team&#8217;s plan to build a new kind of guitar beat out team Campus Corner Laundry&#8217;s idea to create a laundry service for students at area schools (the team claimed the $6,000 second prize) and team SurpriseMe&#8217;s idea for a gift card app (which claimed the $2,000 third prize).<\/p>\n<p>In all, seven teams competed for the prize money, which was donated by <strong>Professor Herbert B. Mayo<\/strong> and <strong>Eric Szabo \u201997<\/strong> (who also served as a judge).<\/p>\n<p><a href=\"http:\/\/business.pages.tcnj.edu\/events\/mbpc-2013\/\" target=\"_blank\">Click here to read more about the competition.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>finance majors James Seyffart &#8217;14 and Tim Pfenninger &#8217;14 and mechanical engineering major Alex Matteson &#8217;13, claimed the $12,000 grand prize in this year&#8217;s Mayo Business Plan Competition, a contest designed to challenge \u2028students to dream up the\u2028 next big business idea and blueprint a course of action for bringing their idea to life.<\/p>\n","protected":false},"author":11,"featured_media":6671,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,9],"tags":[],"class_list":["post-6670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-april-2013","category-on-campus"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/6670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6670"}],"version-history":[{"count":0,"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/6670\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=\/wp\/v2\/media\/6671"}],"wp:attachment":[{"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tcnjmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}