On Tues, Feb. 6, the Seventh Annual Social Impact Challenge (SIC), closed with three teams in the finals event. This year’s SIC featured a partnership between Business Impact, the Detroit Economic Growth Corporation (DEGC), and the Ford School of Public Policy. Over 30 student teams explored how pop-ups can be used to encourage neighborhood revitalization and small business development in Detroit.
Team Upstart was comprised of five undergraduates from Ross School of Business, College of Engineering and the College of Literature, Science & the Arts: Nick Walsh (BBA ‘19), Michael Ralph (BSE ‘19), Shalini Rao (LSA ‘18), Brie Riley (BBA ‘19), Samuel Ungerleider (BBA/LSA ‘20). They won $3,000 for their innovative proposal that highlighted a sensitivity to removing many of the barriers that entrepreneurs face when starting a business.
As part of the implementation plan, students will work with DEGC to implement aspects of their proposals over the next few months.
For complete coverage of all the prize winners and the case, click on the links below:
- SIC Kickoff photo album
- SIC Kickoff press release
- SIC Finals photo album
- SIC Finals recording (complete event)
- SIC Finals press release
MBC Impact Track Awards $15K Top Prize
The 2018 Michigan Business Challenge – Seigle Impact Track, which began Nov. 6 with 35 teams, capped off on Feb. 16 with four teams giving their final pitches to the judging panel.
The winner of the $15,000 top prize, PedalCell, is a developer of bicycle power for cell phones, and in the future other devices. PedalCell’s Adam Hokin [BBA ’19] and Anna Moreira Bianchi [MBA ’19] had a well-developed business plan and a working prototype.
Second prize ($7,500) went to Canopy (Brandon Keelean [MDes ’18], Ann Duong [MHI ’18], Elisabeth Michel [MPH ’17]), third prize ($2,500) went to FoodFinder (Jack Griffin [BBA ’19]), and fourth prize ($1,000) went to Adelie (Stefanie Rubinstein [MBA ’19], Vanessa Lynskey [MBA ’19], Tracy Wolfbiss [MBA ’19]).
Click on the links below to get complete information on the Seigle Impact Track competition:
- MBC-SIT Round One summary
- MBC-SIT Round Two photos
- MBC-SIT Finals announcement
- MBC-SIT Winner announcement
Calling all Impact Interns!
Apply by Fri, Apr. 13
Business Impact’s Summer Fund awards competitive grants to Ross and Ford masters students and BBA juniors. Students completing internships in the nonprofit, public, or private sectors may apply if the organization has a clearly defined social mission.
Graduate internships must be at least 10 weeks in length and total available funding (including any that the Center supports) must not exceed $14,000. Total available funding (including any that the Center supports) for BBAs must not exceed $7,000 for 10 weeks. Eligible organizations can be a nonprofit, government, or clearly-defined social enterprise.
Accepted students are awarded up to an average of $2,000 each to defray costs associated with their internships, including those with a limited stipend and with organizations anywhere in the U.S. or abroad.
Impact Cafe: Eric Schwartz
Wed, Feb. 22, 4 – 5 pm @ Weiser Dining Room
Marketing Professor Eric Schwartz will discuss his work with recruiting for the Detroit Police Department, and his work to eliminate the risk of further lead poisoning in Flint. Take a study break with cookies, espresso, and conversation!
You can join Business+Impact on Wednesdays, 4-5 pm to meet others interested in a life and/or career with impact. The program will pause 2/28 for Spring Break and return Wednesday, 3/7 at 4 pm with a discussion on an alternative model for post-graduation impact fellowships.
Feb. 13 Board Fellows Forum Was a Lively Discussion
A consistent mantra has been that “nonprofits should operate more like businesses” if they wish to survive in today’s economy. That question formed the content of this year’s Board Fellows Forum, with the discussion covering margins, mission and metrics, and other important topics.
Business Impact would like to thank the panelists who took part:
- Barb Hiltz, U-M School of Social Work
- Yodit Mesfin-Johnson, NEW
- Ned Staebler, Tech Town & Wayne State University
- Sarah Thornburg, Friends In Deed
Mon, Mar. 12, 11:30 am – 1 pm @ Ford School, Annenberg Auditorium
Robin Terry is the Chairwoman and CEO for Motown Museum, a cultural gem founded in 1985 by her grandmother, the late Esther Gordy Edwards. Students of Color in Public Policy and Business Impact bring her to U-M to engage U-M students in a discussion on growing nonprofits, large-scale fundraising campaigns, and building legacy among people of color in Detroit.
Community News & Events
Wed, Feb. 21, 1:30 – 3:30 pm @ Ross, Robertson Auditorium
Award-winning investigative reporter, Nikole Hannah-Jones will be speaking on structural racism, educational segregation, and racial inequities in educational opportunities in the US. Her keynote will be followed by a moderated discussion between Nikole Hannah-Jones and Tabbye Chavous, Director of the National Center for Institutional Diversity. Sponsored by U-M’s Survey Research Center and RacismLab.
App deadline: Sun, Feb. 25
The Innovation Studio is an interdisciplinary team that designs, develops, and delivers innovations that have the capacity to change the world. This summer the studio will launch three 12-week projects, including those based on research conducted at the University of Michigan School of Public Health and Michigan Medicine.
As collaborative members of an interdisciplinary team, student interns will have the opportunity to engage clients directly and work together through a design process to create ambitious deliverables.
Deadline: Thurs, Mar. 1
U-M students are invited to apply now to join a virtual exchange program with fellow students from Egypt, Libya, Morocco, Tunisia, Eastern Michigan University, and Wayne State University. The William Davidson Institute is still accepting applications for Cohort 2 (April 6 through June 8) and Cohort 3 (May 25 through July 20). This program is open to any undergraduate / post-secondary student, and 2018 graduating seniors may also apply.
Thurs, Mar. 1 @ Motor City Casino Hotel
Registration is open for the 2018 Detroit Policy Conference: Creating a Culture of Civility. Sponsored by the Detroit Regional Chamber, the conference will explore what it means to be “civil” and the role that communities play in influencing individual behavior. Programming will also examine Detroit role models of civility and collaboration.
Due Mon, Mar. 5
Semester in Detroit (SID) is accepting applications for their Fall 2018 program. Deadline to apply is March 5th. SID is an immersive experience which helps students foster intentional, sustainable relationships with people, organizations, and communities in Detroit through participating in community-based internships, taking Detroit-based classes, and living in the city. For more information, or to set up an advising appointment, email email@example.com.
Sat, Mar. 10
Made at Michigan is a digital and print magazine that highlights the best up and coming ventures created and formed at the University of Michigan. For reference, you may view last year’s digital magazine. To be considered for this magazine, student ventures should apply by Sun, Mar. 10, though applications will be reviewed on a rolling basis.
Apply by March 19
Are you a student interested in a summer internship at a startup or venture capital firm? The Marcel Gani Internship program helps startup companies and venture capital firms hire Ross School of Business students for a 12-week hands-on work experience. The student-initiated and self-hosted internships give students the opportunity to develop their entrepreneurial skills by accelerating the advancement of the host company.