The Samuel Zell, Mitchell Mondry and Zell Lurie Institute and Erb Institute Scholarship Awards totaled $55,000 providing 11 MBAs with $5000 each toward their tuition.
The Institute’s three student-led funds, Wolverine Venture Fund, Frankel Commercialization Fund and Social Venture Fund, have $6.5 million in total under management. Seventy-eight graduate level students from across campus participated on the funds and three new investments were made under their direction.
The campus-wide Dare to Dream grant program for student start-ups awarded $93,500 to 40 student teams across campus to develop their business ideas and create a business plan, while earning their degrees.
The Michigan Business Challenge engaged 48 teams from the University’s 19 Schools and Colleges awarding $54,300 in prize money. The Institute sponsored 38 students among 14 teams at intercollegiate and U.S. based competitions to represent Michigan -- bringing home $247,500 in prize money and services.
The Marcel Gani Internship program placed 13 students at start-up and venture capital firms across the U.S.
The TechArb eccelerator managed by the Zell Lurie Institute and Center for Entrepreneurship, awarded 39 student teams with office space and provided mentoring to develop their business concepts.
Entrepreneurial MAP placed 45 first-year MBA students at six start-up companies nationally and across the globe.
Entrepalooza, the Michigan Private Equity Conference and Michigan Growth Capital Symposium engaged over 850 attendees from the entrepreneurial and investment community, as well as from the University of Michigan.