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ULM, Dhu Thompson to announce Entrepreneurship Pelican Cup business competition on Friday

Published Oct. 18, 2021


A press conference announcing the new Entrepreneurship Pelican Cup business competition will be at 10 a.m., Friday, Oct. 22, at Laird Weems Center.


By ULM Office of Marketing and Communications

MONROE, LA – Innovation, fostered in a culture of expanding ideas and pushing established boundaries, leads to the changes in business, healthcare, and technology which propel society past the normal and into the incredible.


To encourage students to develop their innovative ideas, the university, with a key partner, announces the Entrepreneurship Pelican Cup.


At 10 a.m. Friday, Oct 22, 2021, a press conference will be held at Laird Weems Center to introduce the Entrepreneurship Pelican Cup business competition developed by ULM in partnership with sponsor Dhu C. Thompson, founder and retired CEO of Delta Plastics.


Thompson is providing $50,000 in prize money to be presented to students and faculty advisers for first place ($25,000), second place ($15,000), third place ($10,000), elevator pitch ($2,000), and $3,000 to faculty for first, second and third places.


The 2022 competition is open to all ULM and VCOM students, with future competitions open to all colleges and universities in Louisiana. A website will be launched containing more information about how to enter the Entrepreneurship Pelican Cup.


The Entrepreneurship Pelican Cup is a real-world entrepreneur education opportunity for college students. Whether they are serious about launching a startup or they want to learn more about entrepreneurship, competitors will gain a greater appreciation of the challenges and opportunities of starting a viable business.


There is no cost to enter the competition. Teams are not required to launch their businesses to compete. Students and their faculty advisers are rewarded for the rigorous work accomplished throughout all phases of the competition.


Thompson is a distinguished ULM alumnus and 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.