Each summer, Business+Impact awards competitive grants for summer internships to MBAs and BBA juniors in the Ross School of Business as well as MPP students in the Ford School of Public Policy. The application deadline is Friday, April 16 by Noon ET. Award decisions will be made based on consideration of the position and organization’s impact, and the quality of the application.
Additionally, the newly established Gordon Impact Entrepreneurship Fund provides support for BBA or MBA student internships with ventures or funders seeking to create societal impact. Students may be a founder or pursuing an internship with an impact-focused startup, growth phase venture, or venture capital firm. Qualifying organizations have a social and/or environmental mission and show demonstrated commitment to generating systemic solutions and achieving long-term societal impact. Students may apply through the Business+Impact Summer Internship Fund application process.
We’re excited to share that the winner of the 2021 Michigan Business Challenge – Seigle Impact Track is Parcel Health – (Melinda Su En Lee (PharmD ’21) and Victor Le (PhD ’21)). Parcel Health is a company that aims to disrupt the current plastic prescription bottle industry by innovating a 100% curbside-recyclable solution. The Seigle Impact Track competition, co-sponsored by the Zell Lurie Institute, Business+Impact, and the Erb Institute, began in November with over 50 teams. Seven semi-finalists competed on Fri, Jan. 29 for the four finalist spots in the Seigle finals competition. Learn about all of the finalists:
- CLOVO Brand – sustainable fashion tights
- EQuity – training to advance racial justice
- Sustainium – nuclear waste recycled for clean water
Business+Impact is co-sponsoring the Michigan Impact Investing Symposium (MIIS), an annual conference that allows attendees to learn more about the impact investing space from distinguished members of the community and gives participants an opportunity to explore investments that provide financial and social returns through an optional pitch competition. Speakers from Boston Consulting Group, Citi Bank, Total Impact Capital, Orrick, and more will speak on the theme of Restorative Investing.
SOCIAL ENTERPRISE SPOTLIGHT
Business+Impact is introducing a new series on U-M alumni who have created social enterprises and are building their businesses after graduation. For our inaugural spotlight, we are shining the light on Thawra, a multimedia content provider for the Arab and Muslim communities whose work has been recognized by Poets & Quants and ABC’s Nightline.
Last year, in the Michigan Business Challenge – Seigle Impact Track, Yasmeen Kadouh (U-M Dearborn BA ’17) and Rima Fadlallah (Ross MBA ’20) introduced their business to the world as For Dearborn, featuring the subbrand Dearborn Girl, and they became the runner up in the track competition. Their business has kept the Dearborn Girl division and added several others, but their purpose remains the same: to create a space for Arab and/or Muslim Americans (AMAs) to self-actualize and thrive through digital media, programming, fashion and philanthropy.
We reached out to Ms. Kadouh and Ms.Fadlallah for an update, and you can learn about how you can support their work and access membership, courses, workshops, and events, merchandise, and more!
DNEP Accounting Consulting Internship
DNEP Free Accounting is seeking a student consultant for the summer of 2021 with possible extension into the 2021-2022 academic year. In this position,
the student will work closely with entrepreneurs and small business owners (virtually) in Detroit, providing assistance in areas of accounting, COVID relief, and other business administration.
How Nonprofit Organizations Are Innovating and Adapting Through a Time of Crisis
Each year, the University of Michigan Board Fellowship Program hosts a public forum in the form of a panel discussion with representatives from local nonprofit organizations. On Tues, Feb. 23, the forum addressed how nonprofits have been pivoting to address COVID-19 challenges and the light shone on inequities in society.
Impact News & Notes
- It’s Important to Include Stakeholders in Defining an Organization’s Purpose
- Study underscores need for stimulus aid to vulnerable groups
- Forum provides task force with input about U-M policing
- University of Michigan Study Highlights COVID-19-Related Racial Health Disparities
- U-M study links Detroit’s home repair program, housing stability
- Release of nutrients worsens Lake Erie’s annual ‘dead zone’
- Segregation, income disparity fueled high COVID-19 numbers
- Awkward race conversations have potential to strengthen relationships, CPO researchers write
- Management As A Calling: How MBAs Can Make The World A Better Place
- India’s groundwater crisis threatens food security for hundreds of millions, study says
- What is code-switching? How does it impact the Black community?
Ross Event Highlights:
The Business+Impact Gateway provides you with a single location for all things impact. Here you’ll find all of the activities, people and key partners working to use their learning to make a real impact in the world.
At the University:
STUDENT SUSTAINABILITY COALITION
Are you a U-M Ann Arbor student who is passionate about campus sustainability? Apply to join the Student Sustainability Coalition (SSC), a group of student leaders working to create a mutually defined common agenda and shared vision that unifies campus-wide student sustainability efforts! There are multiple positions available. All applicants must be U-M Ann Arbor undergraduate or graduate students.
PROBLEM SOLVING INITIATIVE
Non-Law Graduate and Professional Students Register by Tues, Mar. 30
Law Students Register by Wed, Apr. 7
The Law School’s Problem Solving Initiative classes are open to all U-M graduate and professional students. Students in PSI classes lend their expertise and skills to a multidisciplinary team, develop creative problem solving tools, conduct research on, and engage in, advancing solutions to real-world challenges. Courses in Fall 2021 include:
- Designing a New Global Refugee Protection System
- Clemency and Decarceration for Battered Women Survivors
The fall program is open to students from UM-Ann Arbor, UM-Dearborn, and Grand Valley State University. Students are in classes for 8-11 hours per week (fall students can choose between one or both SiD electives) and intern for 16 hours per week. You can earn up to 18 credits toward your U-M degree and intern with community-based organizations.
The Center for the Education of Women Scholarship Program, which today serves women and underserved students, was established in 1970 to honor the academic performance and potential of women whose education has been interrupted and to commemorate the one-hundredth anniversary of the admission of women to the University of Michigan.
In the Impact Community:
Apply by March 22
Prime Coalition partners with mission-aligned investors to support extraordinary companies that combat climate change, have a high likelihood of achieving commercial success, and are in need of financial support to scale. Prime spent its first 6 years building a world class investment team, and now they have the privilege of expanding their nonprofit program team. Two job opportunities have opened up – applications are due 3/22.
- Director of Impact – Cambridge, MA – elevating Prime’s focus on impact measurement and management
- Partnerships Associate – San Fran, CA – stewarding relationships w courageous philanthropic partners
Public Allies Metro Detroit is a program of the U of M-Dearborn, and a proud member of the AmeriCorps national service network. The program is made possible through funding of the Corporation for National and the Community Service and Michigan Community Service Commission. Apply now for fall opportunities.
Application Deadline: Sun, Mar. 21
The American Express NGen Fellows program, part of the American Express Leadership Academy, offers a transformative opportunity for changemakers, age 40 and under, to strengthen their leadership capacity, hone their change-making skills, and build connections with some of the social sector’s most influential leaders. Every year the NGen Fellows program selects 12 individuals to participate in a nine-month leadership development program.
The Henry Ford to Host Social Venture Challenge
Online Info Sessions:
Thurs, Mar. 18 & 25 @ 6:30 pm
Application Deadline: Thurs, Mar. 25
Competition: Apr. 8-9
Are you an undergraduate student looking to make an impact in your community today? Apply for the Resolution Project Social Venture Challenge (SVC)! The Resolution Project is partnering with Henry Ford College on April 8-9th, 2021 to offer undergraduate students the opportunity to virtually pitch their ideas for change for the chance to win a Resolution Fellowship. Pitch your idea and join the Resolution Fellow community of more than 500 Fellows in 81 countries. Check out this video to see what happened in the 2020 SVC at Henry Ford College.
Halcyon Incubator Fall 2021 Fellowship Application
The application to join Halcyon Incubator’s 14th Cohort next fall is now open! Fellows receive five months rent-free housing in D.C., a $10,000 stipend, and access to our community of social entrepreneurs, mentors, advisors, investors, and supporters.
All images in this newsletter are Pre-COVID.