ULM Entrepreneurship Pelican Cup Applications 2024

ULM FOR IMMEDIATE RELEASE: Entrepreneurship Pelican Cup now accepting applications for 2024 competition 

ATTACHMENT 1: pelican_cup_2024_media.jpg 

MEDIA CONTACT: Adam McDonald, amcdonald@ulm.edu; 318.342.5445 

 

By ULM Office of Marketing and Communications 

 

MONROE, LA – The Entrepreneurship Pelican Cup is now accepting applications for the 2024 competition. This event is the premier academic business plan competition for the state of Louisiana, with one of the largest cash prizes in the nation. Applications can be submitted at www.ulm.edu/pelicancup. The application link can be found inside the competition guide. The deadline for applications is February 25.  

 

Open to all majors, the goal of The Entrepreneurship Pelican Cup is to inspire participants and the community to think entrepreneurially by rewarding creativity, professionalism, and hard work.  

 

The Entrepreneurship Pelican Cup is open to any full- or part-time, certificate- or degree-seeking student currently enrolled in a four-year college or university in the state of Louisiana.  

 

The competition requires a written formal business plan judged by business owners and investors.  Six finalists will be chosen to conduct an in person oral presentation to top tier entrepreneurs.  Also, during the awards luncheon, each team will select one member to conduct a 90 second “Elevator Pitch,” and the winner will receive a cash award.   

This year’s awards luncheon will be held Friday, April 19 at 11:30 a.m. at Bayou Pointe Event Center on the ULM

campus.  

 

This year’s cash prizes include: 

 

First Place                              $50,000 

 

Second Place                          $25,000 

 

Third Place                            $10,000 

 

Elevator Pitch Winner         $2,000 

 

First, Second, and Third Place faculty advisors to receive $3,000.   

 

For more information about the 2024 Entrepreneurship Pelican Cup, including a full list of dates and requirements, visit www.ulm.edu/pelicancup. You can also contact Cathi Hemed, Director of External Initiatives, at (318) 342-1151 or hemed@ulm.edu. 

 

Now in its third year, The Entrepreneurship Pelican Cup was founded by distinguished ULM alumnus Dhu Thompson. Thompson is the founder, past owner, and former chairman of the board for Delta Plastics, producer of agricultural irrigation tubing, and the largest recycler of plastics in Arkansas. He is also the former owner and past chairman of the board for Revolution Bag that manufactures EPA-compliant trashcan liners. Thompson’s honors include 2004 Arkansas Business Executive of the Year and SBA Person of the Year. In 2019 he sold the Revolution brands to a New York private equity firm and now focuses on entrepreneurship growth in Arkansas and Louisiana.