Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact email@example.com.
SOURCE The Zell Lurie Institute
Fall 2013 Mayleben Venture Shaping and Dare to Dream Recipients Span Industries Including Healthcare, Clean Tech, Apparel, Web and Mobility
ANN ARBOR, Mich., Oct. 15, 2013 /PRNewswire-USNewswire/ -- 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 2013 Mayleben Venture Shaping and Dare to Dream grant programs. Thirty student teams representing the Business School, College of Engineering, Medical School and others were awarded a total of $26,000. Each year, the program awards up to $100,000 to University of Michigan students to develop their businesses while earning their degrees, with programs in the fall and spring.
The Mayleben Venture Shaping and Dare to Dream programs are a cornerstone of the Zell Lurie Institute's action-based approach to entrepreneurial education and guides student teams from across the University through the business ideation and creation process. The Mayleben Venture Shaping grant program takes students through the process of constructing a viable business out of a business idea - a differentiated, sustainable venture that holds commercial promise and that can be launched. Once the business construct is completed, teams may apply for a Dare to Dream Assessment grant to evaluate the feasibility of their business.
"The Mayleben Venture Shaping and Dare to Dream grant programs contribute greatly to the culture of experimentation that sets the Institute apart from its peers at other universities and make us the top- ranked entrepreneurial program in the country," said Stewart Thornhill, executive director of the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies. "Both programs provide students with not only the hands-on experience and coaching they need to truly advance their entrepreneurial skills, but also the resources they need to drive promising business concepts forward. It's the perfect marriage of academic learning and pragmatic experience."
This year's program was presented with support from the University's Erb Institute and of the Sustainable Mobility & Accessibility Research & Transformation (SMART) initiative. Six awards, totaling $4,000 in grants, were generously funded by these organizations. The teams receiving grants this fall are:
Venture Shaping Grants - $500 each
Assessment Grants - $1500 each
Integration Grant - $5,000
The next application cycle for Venture Shaping and Dare to Dream grants will be in January 2013. For application materials, please see www.zli.bus.umich.edu.
About the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies
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 events that serve to provide viable networks and engage the business community. The School's three student-led investment funds, with over $6.5M under management, immerse students in the business assessment and investment process. Founding Board Members include Samuel Zell, Chairman of Equity Group Investments and Eugene Applebaum, Founder of Arbor Drugs, Inc. For more information, visit the Institute at www.zli.bus.umich.edu.
About the Stephen M. Ross School of Business
The Stephen M. Ross School of Business at the University of Michigan is a vibrant and distinctive learning community grounded in the principle that business can be an extraordinary vehicle for positive change in today's dynamic global economy. The Ross School of Business mission is to develop leaders who make a positive difference in the world. Through thought and action, members of the Ross community drive change and innovation that improves business and society.
Ross is consistently ranked among the world's leading business schools. Academic degree programs include the MBA, Part-time MBA (Evening and Weekend formats), Executive MBA, Global MBA, Master of Accounting, Master of Supply Chain Management, Master of Entrepreneurship, Master of Management, BBA, and PhD. In addition, the school delivers open-enrollment and custom executive education programs targeting general management, leadership development, and strategic human resource management.
©2012 PR Newswire. All Rights Reserved.