ATLANTA--(BUSINESS WIRE)--More than 130 students from across the country traveled to participate in the 2019 National Black MBA Association® Leaders of Tomorrow® Leadership Summit at Georgetown University for leadership training and academic workshops from June 26th to June 30th. During the LOT® Summit, students participated in engaging breakout sessions with motivational speakers and inspiring business leaders and entrepreneurs, along with college and corporate campus tours including a visit to Google, Howard University School of Business, and the Smithsonian National Museum of African American History & Culture. The event concluded with the 18th Annual National Business Case Competition, designed to bring students together to develop solutions to everyday business challenges, with the top 12 teams competing for a total of $30,000 in scholarships.
For each year’s LOT® Case Competition, teams brainstorm solutions around a specific business topic and present their ideas to a panel of esteemed judges. This year’s challenge involved presenting tactics to expand Blue Apron’s strategies and revenue. A total of 17 LOT® Chapter case teams competed to be named amongst the top three finalists selected to compete in front of all the attendees.
“The NBMBAA® LOT® annual program mentors thousands of talented students who are high academic achievers focused on getting into the best colleges to fulfill their lifelong goals and aspirations. We have awarded nearly $600,000 in academic scholarships since the inception of the program 28 years ago,” shared Jesse Tyson, President and CEO of NBMBAA®.
During the awards ceremony, the grand prize of $15,000 was awarded to the Philadelphia LOT® Chapter, with Detroit LOT® Chapter garnering the second-place award of $10,000 and the Washington DC LOT® Chapter winning the third place $5,000 scholarship.
“My favorite part about the LOT® Summit was meeting such an impressive, inspiring group of like-minded people. Knowing so many have the same goals as I do and having the opportunity to meet new people like this every year is very exciting. The insight and development that I have gained from this program has enhanced my view of what I can achieve in my life,” shared Aariona Neal, the 2019 student National LOT® President.
Today, LOT® has evolved into a comprehensive programmatic approach for providing leadership development skills to high school youth. The program is driven by a strong mentoring component and provides the opportunity for exposure to various resources and contacts that aid in academic excellence for the students.
The National Black MBA Association® is appreciative of the support of this year’s Leaders of Tomorrow® contributing sponsors: FedEx, Marriott International, Arconic Foundation, Nike, U.S. Chamber of Commerce and to their collegiate partners, Georgetown University and Howard University School of Business.
About National Black MBA Association®:
NBMBAA® is a non-profit, 501(c)(3) professional member-based organization which leads in the creation of educational and career opportunities for black professionals.
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