Sustainability

Build- Tradition...

One project at a time

Revenue

Donations $9,710.00

Student Government $1,941.92

Grants $1,750.00

Prize Money $2,000.00

Total: $15,401.92

Expenditures

Projects $7,423.00

Travel $6,702.20

Rehearsal Dinner $ 850.00

Total: $14,975.20

Balance Forward: $ 426.72

Annual Report Sponsored by:

_________________________

Ferdian Jap,

President, USF SIFE

__________________________

Vandeen McKenzie,

Sam Walton Fellow

_________________________

Maureen Johnston,

Interim Director, USF Financial Aid

SIFE USF 2006-2007 Sustainability Strategy

Comprehensive Data Chart

6

Finan- Third largest University in the South-

east, Top 20 in the nation with a total

enrollment of 44,000 students and

more than 400 student organizations.

The Carnegie Foundation ranks USF

for its research in the top national

classification.

A Research I Institution, USF is one of

the nation's top centers in conducting

research aimed at new treatments for

Alzheimer's, Parkinson's, and Hunting-

ton's diseases.

Home of Moffitt Cancer Center and

Research Institute, American Cancer

Society’s Hope Lodge and the

Shriner’s Hospital for Children.

The nation’s top location for transfer

students according to US News and

World Report.

About us

SIFE at USF was established on March 9, 2005. The team was named 2005 SIFE Rookie of the Year,

2005 and 2006 SIFE Regional Second Runner Up, 2006 Sam’s Club Finalist Entrepreneurship ITC, and

the 2006 USF Best New Student Organization.

The 2006-2007 SIFE at USF team consists of 19 active members with 3 returning members. Majors range

from Biomedical Science, Pharmacy, International Studies, Engineering, Accounting, and Finance.

Team members do not receive academic credit for participation in SIFE.

Team Recruiting, Organization, and Succession

Emerging Leader Mentorship Program

Team Handbooks and Master Team Manual

Rigorous project proposal, critique, and project review of every program

Created SIFE at USF homepage (www.sifeusf.org), SIFE MySpace, Facebook pages and SIFE USF

Text Messaging Update System

Advisory Board

Added five BAB members, totaling 21.

Alumni Advisory Board consisting of three members.

SIFE Rehearsal Dinner in which BAB and AAB members review and critique our presentation.

Institutional/Administration Support

Established relationships with 12 student organizations, six University departments and the Greek

community.

Recognized as an official entity of USF’s Center for Entrepreneurship and the USF College of

Business Administration.

Funding

Donations doubled through funding from BAB Members, SIFE ventures, and USF Student

Government.

Application in process for our official 501(c)3 non-profit status.

Media

5,304,000 Total Gross Impressions, quadrupled 2005-2006’s GI.

Team Goals

Develop and implement four new educational projects.

Recruit at least 10 new members.

Obtain official 501(c)3 status.

Win a SIFE Regional Competition and advance to the SIFE National Exposition.

‘Building Tradition’

USF at a glance

2006-2007 Annual report Market

Economics

Success

Skills Entrepreneurship

Financial

Literacy Business

Ethics 1 2 3 4 5 The World Village

Need

- USF Area Community, median

income is 75% below county’s

median.

Project Description

- Simulation of the global

economy with nine countries

represented.

- Attendees were given US

dollars to shop in the different

countries; requiring them to ex-

change currency in the ‘World

Bank’.

- Real exchange rates were used

- Opportunity to learn about

culture of each country.

- Passports with country facts.

Need

- Lack of professional attire worn

by students to job interviews and

business engagements.

Project Description

- Suits collected and distributed to

USF students.

- Wal-Mart Fashion Show:

Showed students how to dress

professionally in an affordable

manner.

- USF Professional Attire Day:

Encouraged students to dress

professionally and attend the

Career Fair to earn a chance to

win a laptop.

Results

- 450 suits collected

- Increased number of students

dressed professionally for the

Career Fair.

- 94% increase in awareness.

Members Involved: 19

Total Hours: 250

Direct Impact: 1755

Gross Impressions: 161,000

Suits of Success

Criteria Met Criteria Met:

Results

- 96% increase in knowledge.

Members Involved: 19 Other Organizations Involved:10

Total Hours: 495

Direct Impact: 160

Gross Impressions: 1,221,000

Ethics Awareness Week Model Entrepreneurship What’s in Your Pocket?

Other Projects SIFE Squad Criteria Met: 2, 3, 4

SIFE USF transformed a room at a church in a low-income neighborhood into a computer lab

with 4 computer stations, software, a printer, and workbooks. This benefits members of the

community and twenty-five young men residing in the church’s group home. Computer and

financial literacy skills were taught by SIFE at USF.

Result: Lab being used daily

Orange Market Criteria met: 1,2, 3, 4

An interactive presentation on how an orange goes from the groves to the glass and how it is

transformed into many different products such as cleaners and scents. A SIFE member dressed

as an orange and entertained the students.

Result: 95% increase in knowledge

Tour-D-SIFE Criteria Met: 1, 2, 3, 4

Thirteen students from Barbados had an economic tour of the Tampa Bay area. They learned

about the American economic system through tours of a computer recycling center and major

restaurant chains. The students made price comparisons between Wal-Mart and Sam’s Club to

learn how quantity impacts price. This experience also include dining etiquette training.

Result: 100% increase in knowledge

Beyond the Bull Criteria Met: 1,2,3,4

An interactive workshop designed for graduating seniors that addresses the transition skills

needed between college life and the real world.

Result: 100% increase in knowledge

Business Etiquette Dinner Criteria Met: 2,3

Students attended an interactive presentation and demonstration on how to eat properly and

interact professionally during a business dinner

Result: 100% agreed that skills learned will increase their professional development

World Wide Websites Criteria Met: 1,2,3

The WWW program provided 4 restaurants with free webpage design, custom dot com name,

and web hosting for one year. These web pages host the restaurant’s map, driving directions,

special offers and their menu.

Result: Averages 25 hits per day, reduced order taking time by average of 40%

YEA! Fundraising Criteria Met: 1,2,3,4

Assisted the planning and implementation of a fundraising program for Youth Empowered to

Achieve! (YEA!), a non-profit organization that helps inner city youth develop computer

skills, entrepreneurship skills, and social awareness.

Result: $13,000.00 raised for the organization

SIFE Speaker Series: College CEO & Corporate Responsibility Criteria Met: 1,2,3,4,5

In partnership with the USF Center for Entrepreneurship, brought speakers to speak to

students on how to be successful young entrepreneurs. An Executive VP of Florida’s largest

property management company addressed corporate responsibility and ethics.

Result: 72% increase in knowledge

Anti-Piracy PSA Criteria Met: 5

Created two one-minute Anti-Piracy Public Service Announcements as a part of the national

MPAA competition. The commercials were posted online for the public to vote which PSA to

submit for the competition.

Results: More than 500 views of commercial

Law School Forum Criteria: 2,3

An event designed for USF students interested in the field of law. We provided information on

law school options, how to finance law school and LSAT preparation lessons.

Result: 100% increase in knowledge

Future Projects

SIFE Business Consulting: NaimBran Criteria : 1,2,3

Develop a strategic marketing assessment for a startup company, NaimBran, which aims to sell

custom t-shirts to USF Students. PEST Analysis, Porter’s Analysis, SWOT Analysis will be

conducted.

SIFE Secret Shopper Criteria : 1,2,3

SIFE team members will serve as ‘secret shoppers’ to evaluate small businesses in the area.

Serving primarily restaurants, SIFE Secret Shoppers provide free evaluations of the restau-

rant’s services, products, and facility. Complimentary consultations will be offered.

Young Money LIVE! Criteria: 1,2,3,4,5

A marketing and financial advising event with Young Money Magazine.

La Bella Jewelry Criteria: 1,2,3,4

SIFE USF’s international venture to develop a business and marketing plan for a non-profit

company in Colombia that sells hand-made jewelry.

Project Description

- Year long project. Taught

students the concepts of

economics, business,

entrepreneurship, banking, checks

and business etiquette.

- Final entrepreneurial project:

Selling hotdogs and Christmas

trees.

- Students deposited ‘behavior

bucks’ in the SIFE Bank and

earned interest.

- Students could spend money at

SIFE Variety Store using checks.

Results

- 89% increase in knowledge

- Profit of $50 from final project

Members Involved: 12

Total Hours: 300

Direct Impact: 32

3 Criteria Met:

1 2 4 5

Need

- Lack of entrepreneurial

knowledge among

underprivileged students.

Need

- Lack of financial literacy

among college students;

increase in college students’

loans and credit card debts.

Project Description

- Interactive financial literacy

presentation on: Financial Aid,

Budgeting and Credit.

- Initially presented to USF’s

freshmen students and

expanded to a local area

community college.

- Interactive game and trivia to

test knowledge.

- Case studies for practical appli-

cation of knowledge. Take-home

budget worksheets.

Results

- 93% and 94% increase on

‘how to manage debt’ and

‘how to budget’

Members Involved: 8

Total Hours: 225

Direct Impact: 120

Gross Impressions: 2,700,000

1 2 4 Criteria Met:

1 2 4 5

Need

- Growing incidence of unethical

behavior among college students

eg. cheating, pirating, plagiarism.

Project Description

- Week-long program creating

awareness of the importance of

ethics in: Business, Globaliza-

tion, Intellectual Property, Law,

Media, Medicine, Politics, and

Self-determination.

- Anti-Piracy PSA showing

- Daily awareness giveaways

and speakers at student center

- Daily TXT-Trivia on ethical

questions

- Online sound-off board for

students to express their

thoughts on ethical topics.

Results

- 93% increase in awareness

- 500 views of Anti-Piracy

Public Service Announcement

Members Involved: 15

Total Hours: 345

Criteria Met:

1 2 5 2 4

University of South Florida