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*'''Zell Entrepreneurship and Law Program''' (ZEAL), at the U-M Law School, prepares law students to advise and/or develop business enterprises and has established a clinic providing much sought-after legal services for student entrepreneurs in university programs.
*'''Medical Innovation Center '''(MIC), in the U-M Medical School, assists faculty, alumni and partners in taking ideas through the early development stage toward commercialization. Established in 2008, the Center offers a fellowship program in biomedical innovation and also operates a Design and Prototype Lab. The first cohort of fellows launched a medical device company before its fellowship year had ended.
*The '''Center for Venture Capital & Private Equity Finance''' (CVP), at the Ross School of Business, offers a specialized focus on entrepreneurial finance and investment through research and program initiatives. Established in 1994, Center initiatives such as the annual Michigan Growth Capital Symposium and Private Equity Conference effectively connect the University’s entrepreneurial network to the broader financial community. These programs are administered through the Zell Lurie Institute.
== Other student-focused activities include the following: ==
*CFE and ZLI jointly manage the U-M '''TechArb Student Accelerator'''. With the aid of an advisory board of community leaders and professional investors and additional funding from the Office of the Vice President for Research, TechArb helps early stage companies founded by U-M students refine and develop their ideas and business plans, and eventually showcase teams to funders.
*'''MPowered Entrepreneurship''' is a student group created and run by students to expose their fellow students to entrepreneurship and support student ventures through coordinated events and network. MPowered sponsors several high-profile activities to encourage student involvement, notably the '''1,000 Pitches''' campaign, a campus-wide idea competition, the MPowered '''Career Fair''', focused on growth companies, the Ann Arbor '''Startup Weekend''', to connect students with the local startup community, '''Vex''', a space for collaboration and studying for student entrepreneurs, '''Startup High School''', to connect with high school students in Detroit, and '''MHacks''', the largest hackathon in the nation and '''Make-a-thon''', a competition that takes talented college students in engineering, business, art & design, pre-med, and music and gives them 36 hours to design and build a functional physical prototype of their own product idea.
*'''Tech Start program '''is an 8-12 week full time summer internship overseen by U-M Tech Transfer for graduate students from many academic areas including Law, Engineering, Medicine, Business and Information Technology, offers participants an intensive experience working on entrepreneurial projects.
*'''Entrepreneurial Multidisciplinary Action Projects '''(EMAP) offered by the Ross School of Business/Zell Lurie Institute for Entrepreneurial Studies immerses student teams in domestic and international entrepreneurial businesses to execute assignments that may include developing business plans, identifying new product opportunities or formulating market entry strategies. EMAP projects are required of all first year business graduate students.
*'''Three student-run Venture Funds—'''the $5.5 million early stage '''Wolverine Venture Fund''', the five-year-old pre-seed '''Frankel Commercialization Fund''', and the first student-run '''Social Venture Fund'''— a new initiative to support emerging businesses''.''
*The '''Marcel Gani Internship program '''places students at start-up and venture capital firms.
*The '''Dare to Dream grant program''' leads students through a six-month thoroughly mentored process that enables them to explore an idea, establish feasibility and launch a venture. Based at the Ross Business School, the program was expanded in 2007 to non-business students under a partnership with the Center for Entrepreneurship in the College of Engineering. Support ranges from $500 to $10,000. In 2010 almost $90,000 in total was awarded.
*'''Michigan Business Challenge''' is a four-phase campus-wide business plan competition that selects four finalists to compete for top prizes with over $60,000 awarded throughout the cycle. The Ross Business School operates and funds the competition which attracted 73 teams in 2010. '''Ambiq Micro''', the 2010 winner, has already attracted significant venture capital.
*'''Entrepalooza '''is an annual conference that introduces students to successful entrepreneurs through presentations and a “lunch and learn” where they can meet one-on-one with seasoned entrepreneurs and investors.
*'''TedXUofM''' is a student group that sets up an annual innovation conference with a 2000+ audience and large web-presence.
*'''Tech Fest''' is an annual program launched in 2011 that welcomes entrepreneurs, venture capitalists, angel investors, scientists and business leaders from around the world to campus for demonstrations of labs and student projects, networking and brainstorming.
*'''Student Trips '''to high profile companies allowing them to network with entrepreneurs, venture capitalists and U-M alumni entrepreneurs are organized by the Center for Entrepreneurship to the San Francisco Bay area, New York and Chicago.
*'''Entrepreneurship Hour''' invites distinguished innovators to campus every week to share their stories. The speaker series is a class taught through the Center for Entrepreneurship and is open to the public. The talks are also recorded and made available online.
**Michigan Health Engineered For All Lives (M-HEAL): a multi-disciplinary design team student organization creating medical devices out of low cost materials for health centers in developing nations.
**BLUElab: an organization that creates sustainable solutions to development problems in the U.S. and in developing nations.
**Solar Car Team: designing, building, and racing solar cars. *'''OptiMize''', a student led organization launched <span style="color: rgb(0, 0, 0); font-family: Tahoma, Helvetica, Arial, sans-serif; line-height: 18px;">the first student-led social innovation challenge, the '''OptiMize Social Innovation Challenge,''' in the country, last year.</span>*The'''Innovation in Action: Solutions to Public Health Challenges competition''' harnesses the talents of Michigan students to address public health problems.*As the '''Creators Co-op '''website mentions, the Creators Co-op is a live-in collaborative space for the highest potential entrepreneurs on campus, a playground for busy builders and thinkers with an itch to take action. For students, by students.*'''RIME (Rural Innovations in Medical Engineering)''' is a student organization at the University of Michigan that is dedicated to bringing quality healthcare to rural areas that otherwise would not have access to it. An entrepreneurially driven approach is the focus at RIME where the plans involve developing a product to bring to a market of people who otherwise would not have access.
=== Some courses and curricular activities focussed on Innovation & Entrepreneurship: === *'''ENTR 406, High Tech FestEntrepreneurship''' - Four aspects of starting high-tech companies are discussed: opportunity and strategy, creating new ventures, functional development and growth and financing. Also, student groups work on reviewing business books, case studies, elevator and investor pitches. Different financing models are covered, including angel or VC funding and small business (SBIR) funding.*''' ENTR 407, Entrepreneurship Hour''' - Invites distinguished innovators to campus every week to share their stories. The speaker series is a class taught through the Center for Entrepreneurship and is open to the public. The talks are also recorded and made available online.*'''ENTR 411, Entrepreneurship Practicum - '''The Practicum immerses students in the entrepreneurial process in a supportive classroom environment. Students critically evaluate and then pursue the development of their own ideas for new ventures.*'''ENGR 390, Intro. to the Design Process - '''This course examines the processes of design, focusing on the front-end of design, including opportunity discovery, problem definition, developing mechanisms to gather data from users and other stakeholders, translating user data into design requirements, creating innovative solutions during concept generation, and evaluating possible solutions.*'''ARTDES 314, Change by Design - I'''n this project-based class, students will respond to pressing social needs through design thinking processes, including visioning, concept generation, sketching ideas, everyday ethnography, creative experimentation, and extensive prototyping and validation.*'''EECS/ENGR 410, Patent Fundamentals for Engineers''' - This course covers the fundaments of patents as intellectual property and is geared for undergraduate and graduate students whether in Engineering or any other field.*'''UARTS 250, Creative Process - '''This is a class where students are encouraged, in an annual program launched in 2011 that welcomes entrepreneursinterdisciplinary way, to explore their own creativity.*'''ENGR 521, Clean Tech Entrepreneurship '''- This course teaches the students how to screen venture capitalistsopportunities in various cleantech domains.*'''PSYCH 467, angel investorsThe Psychology of Innovation: Creating a new enterprise -'''*'''FIN 325, scientists Enterprenurial Finance - '''This course is open to all BBA students and business leaders from around presents the world to campus fundamentals of venture capital and private equity finance.*'''Course projects '''provided by U-M Tech Transfer for demonstrations classes such as Finance 629 (Financing Research Commercialization) at the Ross School of labs Business and student projectsthe Master’s in Entrepreneurship program, networking as well as investment analysis and consideration by the Wolverine Venture Fund and brainstormingthe Frankel Commercialization Fund managed by the Zell Lurie Institute for Entrepreneurial Studies.
= Faculty Entrepreneurship =
*The '''U-M''' '''Tech Transfer Ted Doan Award for Outstanding Leadership in Entrepreneurship and Innovation''' is awarded to a deserving individual who has demonstrated a distinguished record of encouraging entrepreneurship and innovation for the state of Michigan
*The '''U-M Tech Transfer annual inventor recognition reception, ''Celebrate Invention'', '''honors faculty who participate in tech transfer activities amidst a celebration with over 300 business, venture, university and community partners
*'''MCubed '''which is a new seed-funding program developed at the University of Michigan to stimulate and support innovative research. The program grew out of the IdeaWorks project in the College of Engineering and is part of the University’s Third Century Initiative. As part of the program, three investigators must place their "token" on a prtoject they are interested in. Once three members (often from different schools) have agreed on a project. There is no peer review before the project is undertaken, and the project is funded with 60,000$.
= Related Links<br/> =
[[Amanda_EjupsAmanda Ejups|Amanda Ejups]]
[[University_of_Michigan_Student_PrioritiesUniversity of Michigan Student Priorities|University of Michigan Ann Arbor Student Priorities Page]]</div><br/><br/><br/><br/><br/div>
[[Category:Universities]]<br/>[[Category:Deep Dives|Deep_Dives]]