The economic impact of the COVID-19 pandemic has left businesses in uncharted territories and often struggling to stay afloat.
Additionally, University of South Dakota Beacom School of Business students are missing out on crucial opportunities to gain real-world experiences as their internships and summer jobs are getting delayed or canceled.
To help businesses survive and stay competitive in the state of South Dakota and throughout the region, Beacom has launched a new student-centered initiative – the Coyote Business Consulting Group.
The Coyote Business Consulting Group will enable students, with the guidance of faculty advisors, to help businesses solve critical problems for their organizations. The consulting service will be offered at no charge to businesses, and students will have the opportunity to receive academic credits, financial support and real-world experience.
“Real-world experience is vital to our students’ education, and we don’t want them to miss out on that opportunity because of a canceled internship,” said Venky Venkatachalam, Ph.D., dean of the USD Beacom School of Business.
“This new initiative is a great opportunity for students to work with businesses to address some of their challenges in order to survive and grow during and after the COVID-19 pandemic, and it requires limited resources from the business.”
This program will be available to all businesses, but a special emphasis will be placed on small businesses, as they are the backbone of South Dakota’s economy, comprising nearly 60% of South Dakota’s workforce.
To learn more about the program or to submit a project proposal form, visit www.usd.edu/CBCG for more information.