1. March 2018 Newsletter

    March 20, 2018

    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.

    Internships must be at least 10 weeks in length, and total available funding (including any that the Center supports) must not exceed $14,000 for MBAs and $7,000 for BBAs. Eligible organizations can be a nonprofit, government entity, or social enterprise.

    Accepted students are awarded up to an average of $2,000 each to defray costs associated with their internships. The Summer Fund supports interns with limited stipends and organizations anywhere in the U.S. or abroad.



    Four Board Fellows Share their Experiences

    During the 2017-18 academic year, 25 students have been serving on local nonprofit boards, learning about board governance and offering their expertise in real world situations. The Board Fellows Program offered by Business Impact is a unique experience that prepares students for mission-driven leadership.

    We asked four students to share details of their fellowship so far, providing a closer look at the experience for students and nonprofits alike. Read their interviews or check out the complete list of 17-18 board fellows.



    Interested in Learning How a Nonprofit Board Works?

    Governance of Nonprofit Organizations (BA601) is being offered in Fall B, 2018. Students who wish to participate in the Board Fellows Program are strongly encouraged to enroll. Other graduate students from any school or college with an interest in nonprofit boards are also welcome. For questions about the course, please contact the instructor, Janet Weiss. For questions about the Board Fellows program, contact the Center for Social Impact.



    10 U-M Students Go to Houston for the Continuing Clean-up from Hurricane Harvey

    This spring break, 10 Ross MBA students trekked to Houston, TX to participate in hurricane relief efforts with All Hands and Hearts, an international disaster response organization.

    Although much of the city of Houston has emerged from Hurricane Harvey since August—in which 40,000 people were displaced, 83 were killed, and 185,000 homes were damaged—many communities are still rebuilding and lack the resources to fully recover. All Hands and Hearts is providing critical support to families who continue to reconstruct their homes after the historic hurricane.



    Partner for Social Impact: Information Sessions for Nonprofit Organizations

    Tues, May 1: 5:30 – 6:30 pm
    @ Ross School of Business, B3560

    Tues, May 8: Noon – 1 pm
    @ U-M Detroit Center

    Are you a nonprofit organization in Southeast Michigan that is curious about the Board Fellowship Program? Business Impact is currently recruiting organizations to participate in the 2017-18 program year and will be holding two information sessions in Ann Arbor and Detroit.

    Attendees will have the opportunity to learn about the program requirements and hear from a nonprofit leader that is currently participating. Food will be provided.



    Upcoming Impact Cafe Sessions

    Wednesdays, 4 – 5 pm
    @ Weiser Dining Room

    You can join Business+Impact on Wednesdays, 4-5 pm to meet others interested in a life and/or career with impact. Upcoming events will include:
    – Mar. 21 – Impact Internships
    – Mar. 28 – Blair MIller, Sustainable Investor
    – Apr. 4 – Small Business Development
    – Apr. 11 – Pooja Khosla, Entelligent



    Robin Terry: Redefining Social Impact for a New Generation

    Wed, Apr. 4, 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 in Detroit.



    Community News & Events

    Lean In Leadership Summit

    Sat, Mar. 24, 9 am – 1 pm @ Ross, Blau Colloquium

    Sponsored in part by Business Impact, the Lean In Leadership Summit is aimed at inspiring, empowering, and encouraging young women at the University of Michigan through the stories and mentorship of successful women speakers. The summit will also give concrete leadership lessons to attendees. Attendees will have the chance to discuss and network with each other through small group breakout sessions.



    Diversity, Equity & Inclusion Grants

    Apply by Mar. 30

    To encourage campus-wide efforts that promote, enhance and celebrate diversity, equity and inclusion, the Office Diversity, Equity & Inclusion has established a dedicated DEI Innovation Fund to support projects that advance an innovative approach to expanding diversity, equity, and/or inclusion at U-M. Grants of up to $10,000 will be awarded; anticipated average size of grants will range between $2,000 and $5,000. Students, staff and faculty are eligible to apply.



    Halcyon Incubator Recruiting Social Entrepreneurs

    Deadline: Wed, Apr. 4 @ 5 pm

    The Halcyon Incubator is seeking early-stage social entrepreneurs to participate in an 18-month fellowship in Washington, DC that includes five-month residency, 12+ months of free workspace, a $10K stipend, a mentor, and 1,000+ hours of advice.



    Ford College Community Challenge

    Proposals due: Apr. 11
    Q&A Conference Call: Mar. 20 @ 3 pm

    In its 11th year, the Ford C3 grant program requests proposals for projects that address an unmet need among the following topics surrounding the theme of Making Lives Better: changing the way people move through smart mobility, driving social mobility, or building sustainable communities. Up to 10 winning proposals will be selected to receive $25,000 each from the Ford Motor Company Fund to support implementation of the proposed projects. For further clarity, attend the conference call Mar. 20 @ 3 pm EST.



    Detroit Nonprofit Day

    Sat, Apr. 14, 8 am – 5 pm @ University of Detroit Mercy

    The Detroit Nonprofit Day conference is a unique event that unites seasoned nonprofit experts with more than 200 nonprofit community leaders and professionals seeking to network, learn, and acquire the skills necessary to make their nonprofit more lucrative and sustainable in today’s competitive grants and fundraising landscapes. This will be a day of activities, workshops, and breakout sessions.



    Forever Go Blue Program Grant

    Submission Deadline: Fri, Apr. 20

    The Forever Go Blue Program Grant is a grant of up to $700 available to student groups that plan or do all of the following: promote fundraising and giving, inspire collaboration around altruistic endeavors, and engage in charitable projects, and in doing so, help to create a more philanthropic culture on one or all of the U-M campuses.



    Positive Business Conference

    May 10-11 @ Ross School of Business

    Culture is key. Businesses with positive cultures enjoy larger profits, better performance, and happier employees. And thriving employees are more committed and satisfied with their jobs. Develop a strategy for a sustainable positive culture at the Michigan Ross Positive Business Conference, May 10-11. The theme, “Right from the start: building and sustaining a positive culture from startup to scale,” will provide valuable insights and research you can apply immediately to change business for the better.