These events and programs provide students with exclusive networking
opportunities and challenging experiences. While entrepreneurial
skills can be leveraged in a variety of business settings, they
are most effectively learned in an entrepreneurial environment.
The Institute augments business courses by placing students
inside high-growth companies where they can work on real problems
with real people in real time and by supporting students in
the development of their business ventures and preparing them
for launch.
Dare to Dream Grant Program
Dare to Dream is a grant program
that encourages students moving through the business creation
process by offering business development seminars and up to
$10,000 in funding. The program, with support from Eugene Applebaum,
has three different stages that propel a student team from a
nascent idea to developed business ready for launch.
TechArb Student Accelerator
The U-M Business Accelerator facility offers co-location office space for early stage companies that are affiliated with the University of Michigan. Early stage companies can apply to gain access to TechArb if they are designing new technology, have an idea for a product or service, or have identified a market need but are not sure if a business can be created around it. Applications are coordinated with the Dare to Dream Grant program.
Student-Led Funds
Students with an interest in early-stage investing can apply
for a spot on one of the Institute's three funds: the Wolverine
Venture Fund, the Frankel
Commercialization Fund, and the Social Venture Fund. These funds invest in early stage
projects and University-related businesses. Students are expected
to perform due diligence and make investment recommendations
to a board of professional advisors.
Michigan Business Challenge
All University of Michigan students with business idea who would
like to put their ideas and skills to the test against other
entrepreneurs should participate in the Michigan
Business Challenge. Aside from providing immediate feedback,
this format builds networks and rewards successful businesses
with prize money. Student entrepreneurs also have the opportunity
to compete in additional business plan competitions hosted by
other universities.
Internships
The Marcel Gani Internship
Program offers Ross School of Business students the opportunity
to work directly with entrepreneurs and venture capitalists
to gain invaluable experience during the summer. Both participants
and the host companies benefit from the mutual effort.
Annual Symposia
Each fall, in partnership with the Entrepreneur
and Venture Club, the Institute hosts
Entrepalooza. This symposium invites nationally recognized
guest speakers and panelists to speak on a range of entrepreneurial
topics as well as venture capital investment.
The UM
Global Private Equity Conference, for private equity professionals,
provides an exceptional opportunity from the private equity,
investment banking, and other business sectors the opportunity
to hear leaders share latest developments and directions in
private equity finance.
Each spring, the Institute and its Center
for Venture Capital and Private Equity Finance presents
the Michigan
Growth Capital Symposium. The conference continues to be
the Midwest's leading conference where hundreds of cutting edge
technology entrepreneurs and the best venture capitalists make
invaluable connections.
Mingle 'n' Match
Mingle 'n'
Match is a series of casual, networking events that introduces
entrepreneurs and potential colleagues to one another. The Institute
and the Center for Entrepreneurship sponsor these events where
entrepreneurs from U-M and the community give one-minute pitches
of their businesses to attendees. Contact information is shared
between interested parties after the event. Because a critical
mass is necessary for the success of these events, registration
is strongly encouraged.
Entrepreneurial MAP
First-year MBAs must participate in a seven-week Multidisciplinary
Action Project (MAP). Start-up companies that have identified
a strategic issue that directly affects their sucess may qualify
to have an Entrepreneurial
MAP student team work on that issue.
Case Writing
In the classroom, students discuss and analyze specific dynamics
of an entrepreneurial company's growth, management, or marketplace
positioning in the form of a case study. Full-time and part-time
MBAs may receive independent study credit or compensation for
researching, developing, and
writing the case and its supporting teaching notes. Case
writers commit an average of three months to write a case, which
is roughly equivalent to the work of a 1.5 credit class.