School of Business

Students in Free Enterprise team wins second consecutive regional championship, excels at national competition

USM SIFE

The University of Southern Maine Students in Free Enterprise (SIFE) recently achieved its highest finish ever at the SIFE USA National Exposition in Kansas City on May 22-24 with a second runner-up trophy in the quarterfinal round. This win makes USM SIFE one of the 60 best teams in the country, a noteworthy accomplishment as SIFE teams are active at more than 1,600 academic institutions in 39 countries.

This trophy follows USM SIFE’s second consecutive regional championship win by the 21-member team that is sponsored by the USM School of Business. They competed on April 11 against SIFE teams from New England and the Mid-Atlantic to win $1,000, as well as the chance to compete at the SIFE National Competition.

SIFE competitions are judged by executives representing SIFE sponsor companies such as Sam’s Club, Walgreens, and Supervalu. Projects are judged based on their adherence to the SIFE mission to help people in need by applying principles of free enterprise.

“I always remind myself of the SIFE motto—a head for business and heart for the world,” said Professor John Voyer, the USM SIFE faculty advisor. “I think it’s noteworthy that students in this generation seem interested in giving back to the community, in really living up to this motto.”

The following students, listed by hometown, are members of the USM SIFE team:

Maine:

Megan Pratt, Bangor
Nayara Pechia, Bar Harbor
Kayle Hamilton, Buxton
Nevin Duffey, Cumberland
Alex Silverman, Cumberland
Vanessa Veilleux, East Waterboro
Timothy Lorenzo, Falmouth
Cindy Day, Gorham
Caitlin Durgin, Lewiston
Zachary Hammond, Lyman
Lindsay Manseau, Old Orchard Beach
Benjamin Moore, Old Orchard Beach
Patric Brophy, Portland
Christopher MacDonald, Saco
Matthew Dechaine, Saint David
Morgan Whitney, Topsham
Elizabeth Blundell, Woolwich

Massachusets:

Tyler Wells, Holden
Scott Cronin, Winchester

New Hampshire:

Joanne Hemond, Derry

South Korea:

Gantogtokh Jargalsaikhan, Seoul

In the 2011-12 academic year, the USM SIFE team completed a variety of projects designed to support increased capacity and sustainable business practices for Maine businesses, and projects focused on addressing critical social needs. In March, the team organized “Stuff the Trucks,” a food and donation drive sponsored by the Campbell Soup Company, raising over $1,400 and 816 pounds of food for Good Shepard Food Bank. This May, the SIFE team presented Scarborough’s Eight Corners Pizza with four new deep freezers, an iPad, and training in new marketing strategies as part of its “Step Up for Small Business” project. The team recently received the President’s Leadership Award from the Maine Campus Compact in recognition of valuable contributions to campus civic-engagement efforts.

The USM SIFE organization was founded in 2003 and has won six regional competitions in the past nine years. SIFE is an international non-profit organization that works with leaders in business and higher education to mobilize university students to make a difference in their communities while developing the skills to become socially responsible business leaders.

Photo:

USM SIFE team members (L to R): Gantogtokh Jargalsaikhan, Scott Drew Cronin, Joanne Hemond, Cindy Day, Team Advisor Professor John Voyer, and Zachary Hammond.