Recent alumni of the University of Maryland’s Robert H. Smith School of Business Christos Marafatsos and Kosta Dionisopoulous launched Delta Produce in 2009 with a strategic detailed approach to penetrate and innovate in the perishable food industry – a sector valued at over $2 billion in the Washington, D.C., metro area alone. Delta Produce was selected by BusinessWeek as one of 25 promising companies started by young entrepreneurs under 25. They need our help to win this contest. Voting ends Oct. 20.
Vote Now!
Delta Produce distributes fresh fruits and vegetables to restaurants, country clubs, franchises, hotels, and food service establishments throughout the D.C. metro area. The company employs 18 people, including a full-time engineer who helps customers build websites and market on social networks.
With revenue in 2010 of over $1.9 million and projected revenue in 2011 of $2.6 million, Delta Produce continues to not only threaten all competition, but prospers as a dominant figure in an industry where its products – perishable commodities – are always needed, no matter the economic climate.
Delta Produce was a finalist in the annual Cupid’s Cup: The University of Maryland Business Competition last year, hosted by the Dingman Center for Entrepreneurship at the Robert H. Smith School of Business. Cupid’s Cup is sponsored by alumnus Kevin Plank, founder and CEO of Baltimore-based sports apparel maker Under Armour.
What was the inspiration to start Delta Produce?
“Do you eat? Exactly, of course you do, everyone does,” says Marafatsos. “Eating is not a luxury but is a necessity to our existence and my products will always be needed and used no matter the economic climate.”
“In any economy, people will always eat,” adds Dionisopoulous.
Read more about the contest at the BusinessWeek website.
Vote for Delta Produce Now!
Alissa Arford, Office of Marketing Communications
College Park, Md. – August 26, 2010 — The University of Maryland’s Robert H. Smith School of Business today announced Stephen E. Loeb, the Ernst & Young Alumni Professor of Accounting and Business Ethics, was honored with the 2010 Accounting Exemplar Award for his notable contributions to professionalism and ethics in accounting education. The award is given by the Public Interest Section of the American Accounting Association. Loeb received the award at the Accounting Exemplar luncheon on August 1, during the association’s annual meeting in San Francisco.
College Park, Md. – March 15, 2012 – Hui Liao, associate professor of management and organization at the University of Maryland’s Robert H. Smith School of Business, was honored with the 2012 Cummings Scholarly Achievement Award. The prestigious award is one of the highest professional honors in the field of organizational behavior, given annually by the Organizational Behavior Division of the Academy of Management to recognize outstanding early- to mid-career scholarly achievement.
College Park, Md. – July 9, 2012 – Joyce E. A. Russell was named Vice Dean for Programs at the Robert H. Smith School of Business. Russell is a Ralph J. Tyser Distinguished Teaching Fellow at the Smith School and has been a major force in shaping the student experience at all levels. As vice dean, Russell’s duties include oversight of the school’s undergraduate, MBA, MS and executive programs, and the development of the school’s global, university and corporate partnerships. She assumes the role in July and succeeds Hugh Courtney, who was named dean of Northeastern University College of Business Administration. \ABS\Auto Blog Samurai\data\Latest News updates\2\gbtc_logo.jpg)
\ABS\Auto Blog Samurai\data\Latest News updates\2\business_alliance_80.jpg)
l-r: Jerrold Prothero, CEO and founder of Astrapi Corporation;