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Students Win Rothschild Entrepreneurship Competition

by Ellen Hardy
8 May 2008, at 1:00am

US Two graduate students at the University of Miami (UM) Rosenstiel School of Marine and Atmospheric Science, won first place in the High-Potential Venture category at this years 6th Annual Leigh Rothschild Entrepreneurship Competition.

The two Marine Affairs and Policy students, Ronald Hoenig and Aaron Welch, won $8,000 for their sustainable aquaculture concept designed to produce and sell valuable bait fish, known locally as the "goggle eye", to bait retailers throughout the state of Florida.

Sponsored by the UM School of Business, the award represents student entrepreneurship at its best. With 91 entries, winners were awarded cash prizes totaling $34,000 in six separate categories.

The two students will receive their Master’s degrees this year, and plan to pursue Bait King and other sustainable aquaculture projects after completing graduate school.

Established in 2003 by UM alumnus and successful entrepreneur Leigh M. Rothschild, the competition is open to all University of Miami students.

Ellen Hardy