West Palm Beach, FL (PRWEB) April 01, 2013
The United Franchise Group (UFG), The Global Leader for Entrepreneurs, today announced the winners of its 2013 J.J.’s Entrepreneurs Business Plan competition in partnership with Palm Beach Atlantic University. Student Jude Abeler, a sophomore pre-law major, was awarded the grand prize of $10,000 for his idea of a structured new millennium journaling technique that earned him second place in the competition last year. Now called “Thoughtree” the business has been reconceived as a ‘personal thought network’.
This was the second year of the competition, which was developed to encourage and teach young students about the benefits of entrepreneurship and owning their own business and involved creating a business plan. The second-place prize of $5,000 was awarded to a trio of students who developed a plan for apparel with positive messages.
“The J.J.’s Entrepreneurs program provides a valuable opportunity for students to materialize their dreams and ideas by putting them down on paper to be judged professionally,” said first-place winner, Abeler. “The process results in a practical real world learning experience. The partnership with J.J. Prendamano and Ray Titus is extremely valuable as well.”
Students participating in the competition were mentored by business leaders Ray Titus, CEO of UFG and J.J. Prendamano, who together have more than 75 years of experience in business and franchise industries. A panel of judges representing members of the business community as well as University faculty and administrators reviewed the plans and chose the winners.
“We are thrilled to honor Jude for his thought-provoking, innovative idea. True entrepreneurs must know when to persevere and Jude is a fine example of a student who has shown tenacity in the pursuit of his dream” said Ray Titus, CEO of UFG. “We will continue supporting our future entrepreneurs to accomplish their dreams.”
“The most important aspect of the J.J.’s Entrepreneurs program is the relationships it builds between our team of experienced business leaders and the eager young students at Palm Beach Atlantic University,” said J.J. Prendamano, the program’s namesake. “This program fosters a spirit of mentoring and communication that greatly enhances their previous classroom experience.”
The J.J.’s Entrepreneur competition is part of a five-year $75,000 commitment to Palm Beach Atlantic University made by UFG. UFG is made up of five industry-leading franchise brands including SIGNARAMA, the world’s largest full-service sign business; EmbroidMe, the world’s largest embroidery franchise; IZON Global Media/Billboard Connection, a home-based advertising agency; Plan Ahead Events, a home-based event planning business; TransWorld Business Advisors, a business brokerage and franchise development services firm; and SuperGreen Solutions, a one-stop energy efficient products store. In 2012, UFG developed nearly 200 new franchises and projects its growth trend to continue in 2013 with a goal of adding up to 300 new franchise locations around the world.
About the United Franchise Group (UFG):
The United Franchise Group is the Global Leader for Entrepreneurs, consisting of a number of award-winning business-to-business brands and franchise development services including some of the world’s largest industry-leading names. The experts at UFG have used their over 25 years of franchising experience to grow the franchising giant into a $500 million dollar success story with approximately 1,400 franchise locations in 50 countries. The company includes franchise industry giants SIGNARAMA, the world’s largest sign franchise; EmbroidMe, the world’s largest embroidery franchise; IZON Global Media/Billboard Connection, an incredibly successful out-of-home advertising franchise; Transworld Business Advisors, for people to research business opportunities before investing, Plan Ahead Events, a home-based corporate event planning franchise and SuperGreen Solutions, a premium one-stop retail location for energy efficient products. Information on franchising opportunities is available at 561-640-5570 or the web at http://www.unitedfranchisegroup.com.
About Palm Beach Atlantic University:
Palm Beach Atlantic University is a private, independent university offering undergraduate, graduate and professional degrees in West Palm Beach, Orlando, Wellington and online. The University is dedicated to the integration of Christian principles to prepare students for lifelong learning, leadership and service.