PIKEVILLE – The Coleman College of Business and the Kentucky Innovation Network Pikeville office were recognized for efforts in research and consulting during the Small Business Institute’s (SBI) annual conference in San Diego, Calif.
David Snow, D.M., director of the Kentucky Innovation Network Pikeville office, the SBI program and business competitions, and associate professor of business, along with Justin Prater, assistant director of the Kentucky Innovation Network Pikeville office, were the recipients of two SBI awards.
Snow and Prater were awarded third place in the Project of the Year competition. As MBA students last year, Prater, Matthew Thacker and Durand Warren conducted a small business consulting project under Snow’s faculty supervision. After the final report was presented to the clients, it was submitted to the Small Business Institute for the Project of the Year competition. The consulting project constitutes the capstone course for the UPIKE Professional MBA program. These consulting engagements are offered free-of-charge to local small businesses and the Coleman College of Business MBA students will begin working on projects again in March.
“Working on this project was a fun and rewarding experience,” said Prater. “I was able to utilize knowledge gained throughout graduate school to assist a real business and gain real-world experience.”
Snow and Prater also received the Best Paper Award for Best Teaching Paper, for the manuscript “Entrepreneurship Elsewhere: Examining the Entrepreneurial Characteristics of Eastern Kentucky Adolescents.” Snow wrote the paper based upon research he and Prater conducted. Snow has presented the research paper at three conferences this academic year.
“Recognition from SBI for my research is an honor,” said Snow. “This organization is more than 40-years-old and comprised of dedicated and accomplished professionals. I am happy to be a member.”
The research indicates Eastern Kentucky high school seniors possess low levels of entrepreneurial attitude and the supporting factors of creative tendency, need for achievement, and calculated risk-taking. Data collected also shows as much as 54 percent of Eastern Kentucky seniors plan to leave the region after graduation to pursue education and career with no intention of returning. To alleviate this, Snow advocates for the creation of high school entrepreneurship programs across the region. He teaches the subject at the collegiate undergraduate and graduate levels. Snow has begun teaching to high school students and is advocating for entrepreneurship education at the elementary and middle school levels.
For more information about entrepreneurship opportunities or small business consulting, contact Snow at (606) 218-5043 or [email protected]