Ann Arbor, February 17, 2017 – The winner of the 2017 Michigan Business Challenge – Impact Track is AIM Tech, a developer of a safe, low-power infant ventilator system for use in the developing world. The Impact Track competition, co-sponsored by the Zell Lurie Institute, the Center for Social Impact, and the Erb Institute, began in December with 61 student social entrepreneurs. Ten semi-finalists competed on January 20 for the four finalist spots in this day’s competition.
- AIM Tech – Stephen John (MD ’19) and Aaron Steiner (MBA ’17)
AIM Tech has a desire to improve health care options for under-served groups on a global scale through the development of safe, user-friendly, low power, and affordable equipment.
- Find Your Ditto – Parisa Soraya (MHI ’17)
Find Your Ditto is a mobile application that connects individuals living with chronic illness locally to on-demand, in-person support.
- Kladder LLC – Jaymon Ballew (JD/MBA ’18)
Kladder is an online and mobile application that connects diverse professionals and offers unique industry insights based upon the experiences of these individuals.
- Sage & Grace – Holly Price (MBA ’17)
Sage & Grace is a website and concierge service that educates and empowers grieving families to better, and more affordably, navigate the complications and stress of the American funeral planning process.
(Click on the links above to see interviews with each of the teams.)
AIM Tech received $15,000 for first place, Sage & Grace received $7,500 for second place, Find Your Ditto received $2,500 for third place, and Kladder received $1,000 for fourth place.
The expert judging panel for the finals was comprised of:
- Michael Finney – Community Ventures Resources
- Chris Uhl – Rock Ventures
- Lauren Bigelow – Growth Capital Network
The Michigan Business Challenge is a campus-wide, multi-round business plan competition, of which the Impact Track is a subset focused on entrepreneurial student ventures focused on social and/or environmental impact. Of the 110 teams that began the competition last December, 61 identified as social enterprises. The competition is open to all students of the University of Michigan, and multidisciplinary teams are encouraged. The at-large Michigan Business Challenge is sponsored by the Zell Lurie Institute, and the Impact Track is additionally co-sponsored by Zell Lurie, the Center for Social Impact, and the Erb Institute.