Mississippi School for Mathematics and Science is pleased to announce Cadence Bank as the sponsor of the 2020 Business Plan Competition on Feb. 20. 

Established in 2017, this annual competition gives students at MSMS the opportunity to develop and present business plans that address growing concerns in the state of Mississippi. 

 “We are excited to support these young entrepreneurs as they seek to fulfill their ambitions,” said Jerry Toney, Mississippi president for Cadence Bank. “Having a solid business plan is essential to the success of any startup. The business plan feedback, mentoring and networking opportunities with seasoned businesspeople will help participants refine their plan to excel both in the competition and beyond. We look forward to helping participants gain real-world experience in what it takes to successfully launch a new venture.”   

On Dec. 6, the following groups were selected to compete in 2020 Business Plan Competition: 

  1. Alicia Argrett, Catherine Min
  2. Cameron Thomas, Russell Thompson, Niamke Buchanan 
  3. Skylar Nguyen, Henry Sanders, Aaron Wan
  4. Michael Lu, Esmond Tsang 
  5. Samaria Swims, Amelia Ferguson, Isabella Lindley, Kate Hall

Prior to the final competition, the experienced judging panel will deliver personalized, individual feedback to participants during one-on-one meetings to improve each business plan. The panel consists of Cadence Bank Advisory Board members Jack Chilcutt, president of New Home Building Stores and Cadence Bank Columbus President Doug Robertson. In addition, John Brady, attorney at Mitchell, McNutt & Sams P.A., will serve as a judge for the final round of the competition.

About Cadence Bank

Cadence Bank is a leading regional banking franchise with $17.9 billion in assets as of September 30, 2019, and 98 branch locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Backed by 132 years of financial expertise, Cadence provides corporations, middle-market companies, small businesses and consumers with a full range of innovative banking and financial solutions. Services and products include commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, personal and business insurance, consumer banking, consumer loans, mortgages, home equity lines and loans, and credit cards. Clients have access to leading-edge online and mobile solutions, interactive teller machines, and more than 55,000 ATMs. The Cadence team of 1,800 associates is committed to exceeding customer expectations and helping their clients succeed financially. Cadence Bank, N.A. is a subsidiary of Cadence Bancorporation (NYSE: CADE). For additional information, visit Cadence Bank, N.A. Member FDIC. Equal Housing Lender. NMLS#525022.

About the Mississippi School for Mathematics and Science 

Mississippi School for Mathematics and Science is a prestigious, public high school specifically designed for academically gifted and talented students across the state. We offer specialized courses in mathematics, entrepreneurship, computer science, engineering, and lab-based sciences to assist students in making the connection between the classroom and their potential career paths.