Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > University of Michigan's Zell Lurie Institute Awards Students More Than $50,000 in Dare to Dream Grants

Abstract:
The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan Ross School of Business today announced the recipients of the Fall 2007 Eugene Applebaum Dare to Dream Grant Program, where students apply for funding to advance their innovative, high-potential business concepts toward launch. Grant recipients were awarded funding and resources totaling $51,000 based on business concepts and plans submitted to panels of judges made up of faculty and members of the entrepreneurial and venture capital communities from across the United States. In addition to the financial awards, grant recipients will receive counsel from leading business experts on business plan development and funding strategies.

University of Michigan's Zell Lurie Institute Awards Students More Than $50,000 in Dare to Dream Grants

ANN ARBOR, MI | Posted on October 15th, 2007

The Dare to Dream program, a hallmark of the Zell Lurie Institute, has been aiding student-run high growth business concepts since 2002. The program distributes up to $100,000 per academic year to Ross School of Business students. The program benefits students, as well as the local and university community, by stimulating entrepreneurial efforts and starting new businesses. Grants are administered at three funding levels: opportunity grants at $500, assessment grants at $1,500, and up to $10,000 for integration grants.

Bob Mazur, president of B.A. Maze, Inc. and a University of Michigan MBA alumnus, was one of the first recipients of a Dare to Dream grant in 2002. Since that time, his company has brought four products to market, secured 18 pieces of intellectual property, and designed a roadmap for B.A. Maze to become a leading provider of healthcare brands for independent living.

"Participating in Dare to Dream pushed us to compress our ideas, research and business concepts into a clear, concise business plan," stated Mazur. "When announced as a recipient in 2002, our plan became a reality. The grant accelerated our idea-to-market timeline and the counsel we received helped us get our first unit sold in 2002."

Todd Sullivan, another University of Michigan MBA alumnus, credits his company's successful growth and development with early stage guidance and funding from Dare to Dream. Sullivan's business, Spirit Shop, received a grant in 2004. The funds were used to commission a corporate logo for Spirit Shop and to compensate the business plan development team.

"The feedback we received from faculty, venture capitalists and business experts through Dare to Dream helped us focus our customer service and business development efforts," stated Sullivan. "Being part of this grant competition accelerated my business and as a result I was able to get five customers to sign on to Spirit Shop before I graduated."

These are just two examples of the success Dare to Dream spawns among Ross student entrepreneurs. "While the financial awards provide a much needed funding catalyst to student entrepreneurs for further research and business development, the feedback, expert counsel and advice from our esteemed judging panels are invaluable resources for all program participants, and a shining example of the University and Zell Lurie Institute's commitment to commercializing student business ideas and opportunities," stated Zell Lurie Institute Executive Director Thomas Kinnear.

The following student teams received grants in October 2007:
Integration Grants ($5,000 - 10,000 each)
-- ArmyProperty.com -- Online inventory management system to organize and account for military equipment
-- ePack Corp -- Packaging for MEMS devices
-- MSignS -- English to sign language portable device
-- Slow Kitchen Post -- Ships artisan food to customers' doors

Assessment Grants ($1,500 each)
-- Audiallo -- Designs and develops hearing instruments around a new audio processing microprocessor
-- GIDEON -- CAD software for the design simulation and visualization of nanosystems made from structural DNA nanotechnology
-- Home Counting -- Offers quantitatively accurate male fertility testing at home
-- Indian Medical Group -- Overseas medical tourism -- Innovet -- Medical devices and service for veterinary orthopedic applications -- Neupharma Microdevices -- Manufactures and sells neural probes -- Productive Kitchens -- Innovative restaurant equipment to provide increased kitchen productivity in industrial kitchens
-- Sustainable Food Service -- Distributes environmentally-friendly food products and services

Opportunity Grants ($500 each)
-- General Aerodynamics -- Analyzes performance of helicopter rotors and propellers
-- Haniwa Raptor Security Systems -- Digital recording system triggered by RFID hits for security firms
-- Hearing Protection Indicator -- Safety glasses that indicate when hearing protection is needed
-- i2 -- Mass market architectural services
-- Maxim Investments -- Investment funds that get maximum tax efficiency
-- Modern Portfolio Auctions -- Auction for individual or combination bid lots
-- Second Eye -- CAD highlight of areas on CT scans that radiologists should focus on
-- SensoWear -- Fabric that senses change in temperature, pH, etc. for sportswear and military uniforms

####

About University of Michigan
The Institute and its Center for Venture Capital and Private Equity Finance bring together a potent mix of knowledge, experience and opportunities from the front lines of entrepreneurship and alternative investments. The student learning experience is further enhanced through internships, entrepreneurial clubs and organization and events that serve to provide viable networks and engage the business community. The School's two student-led investment funds, with over $3M in management, immerse students in the business assessment and investment process. Members of the Advisory Board include Samuel Zell, Chairman of Equity Group Investments; Michael Hallman, former COO of Microsoft Corporation; and Eugene Applebaum, Founder of Arbor Drugs, Inc.

For more information, please click here

Contacts:
Samuel Zell & Robert H. Lurie Institute
for Entrepreneurial Studies
Ross School of Business
University of Michigan
701 Tappan Street
Ann Arbor, MI 48109-1234
Phone: 734-615-4419
Fax: 734-615-4420
E-mail:

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Academic/Education

LAMDAMAP 2015 hosted by the University March 26th, 2015

SUNY Poly & M+W Make Major Announcement: Major Expansion To Include M+W Owned Gehrlicher Solar America Corporation That Will Create up to 400 Jobs to Develop Solar Power Plants at SUNY Poly Sites Across New York State March 26th, 2015

SUNY POLY CNSE to Host First Ever Northeast Semi Supply Conference (NESCO) Conference Will Connect New and Emerging Innovators in the Northeastern US and Canada with Industry Leaders and Strategic Investors to Discuss Future Growth Opportunities in NYS March 25th, 2015

FEI Joins University of Ulm and CEOS on SALVE Project Research Collaboration: The Sub-Ångström Low Voltage Electron (SALVE) microscope should improve contrast and reduce damage on bio-molecules and two-dimensional nanomaterials, such as graphene March 18th, 2015

Announcements

UT Dallas engineers twist nanofibers to create structures tougher than bulletproof vests March 27th, 2015

Novel nanoparticle therapy promotes wound healing March 27th, 2015

Designer's toolkit for dynamic DNA nanomachines: Arm-waving nanorobot signals new flexibility in DNA origami March 27th, 2015

Using magnetic fields to understand high-temperature superconductivity: Los Alamos explores experimental path to potential 'next theory of superconductivity' March 27th, 2015

Grants/Awards/Scholarships/Gifts/Contests/Honors/Records

FEI Technology Award of the German Neuroscience Society Goes to Benjamin Judkewitz of the University of Berlin: Bi-annual award honors excellence in brain research during the German Neuroscience Society’s Annual Meeting, held 18-21 March 2015 March 26th, 2015

FEI Announces Image Contest Grand Prize Winner: Francisco Rangel of the National Institute of Technology, INT/MCTI, Brazil, wins the contest with his “Expanded Vermiculite” image March 23rd, 2015

Halas, Nordlander awarded Optical Society's R.W. Wood Prize: Rice University researchers recognized for pioneering nanophotonics March 21st, 2015

Hiden Instruments identified in London Stock Exchange’s ‘1000 Companies to Inspire Britain' March 21st, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE