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SC Student Wins Top Entrepreneurship Prize

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The Network for Teaching Entrepreneurship, a national nonprofit based in NY City, partners with the Citi Foundation each year to host the National Youth Entrepreneurship Challenge.  The $10,000 top prize this year went to an 18-year-old YesCarolina student from our state’s Lowcountry for her business plan for reusable fabric cloths that can remove makeup without the addition of water.

Mike Switzer interviews Jasmine Adams, founder of Smudgies in Charleston, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.