October 2023 Newsletter
The +Impact Studio kicks off an exciting academic year and welcomes its newest cohort of Founders and Applebaum Impact Design Fellows! Hailing from six different degree programs across campus, this dynamic group of social innovators comprises a highly diverse mix of undergraduate and graduate students! While the Studio seeks to advance all facets of impact, giving much attention to ideas that address climate action and/or diversity, equity, inclusion & racial justice (DEIRJ), the primary emphasis for this year will be on advancing ventures that bridge the domains of mental health, ed-tech, health equity, climate action, and sustainable cities!
Welcome to our 2023-24 Board Fellowship participants! This year’s Board Fellowship Program brings together 24 partner organizations and 36 students from 8 U-M schools. The Fellows will serve on the governing boards of these partner organizations for the academic year and complete a strategic project by April 2024.
Michigan Ross continues to innovate in the social impact space with its new ESG concentration. Modern businesses need leaders prepared to transform how enterprises engage with the natural environment and climate change, address the needs of a changing workforce, and provide increased accountability to investors and other stakeholders. The new ESG concentration prepares students to lead in each of the three pillars that support contemporary business and educates leaders to take on the major challenges of our time. The ESG concentration includes both formal coursework and optional co-curricular activities, including workshops (e.g., how to work with ESG data) and speakers. This program is due to be fully operational next year.
A More Just Future: A Keynote Address from Dolly Chugh
Tues, Oct. 31 @ 11 am – Noon
Ross School of Business
Dolly Chugh is a social psychologist and management professor at the New York University Stern School of Business and the author of A More Just Future: Psychological Tools for Reckoning with our Past and Driving Social Change. Business+Impact is proud to co-sponsor Dr. Chugh as part of Ross’ DEI speaker series.
Exploring Employee Ownership: An Expert Panel
Fri, Nov. 3 @ 3-4 pm
Ross School of Business Building
Join us for an expert panel as we discuss employee ownership and explore questions such as: What is employee ownership? What are the best practices? How can we use these models to make a positive impact in our community? The expert panel features Loren Rodgers from the National Center for Employee Ownership, Karen Tyler-Ruiz of the Center for Community Based Enterprise, Roy J. Messing of the Employee Ownership Expansion Network, and Chris Miller from the National Coalition for Community Capital. This event runs an hour with optional mingling from 4 to 4:30.
Design Equitable Enterprises in the Winter +Impact Studio Course
The +Impact Studio graduate course BA670 prepares students to be architects of an equitable, just, and sustainable future. In Winter ’24, this award-winning course will focus on the green energy transition. We will be engaging with neighborhood partners in Detroit to design equitable and feasible business models for innovative green energy models that support communities. The course is 3 credits, and will be offered to all graduate students on Wednesday mornings during Winter semester.
ESG Corporate Panel
Mon, Nov. 27 @ 5-6 pm ET
Join us for a panel discussion about working in ESG. Ross alums and leaders in the ESG space will share their experience, insights, and recommendations around working in ESG and tips for recruiting.
Impact Advantage Loan Repayment Assistance – Apply by Thurs, Nov. 30
The Ross School of Business Impact Advantage program provides educational loan repayment assistance to Ross full-time MBA graduates who pursue careers in nonprofit or public sector organizations.
Full-time MBA students who graduated in May 2022 or after will be eligible to apply for the Impact Advantage program and receive up to $7,500 per year for the first 5 years after graduation, towards Ross-related loan obligations. You must be in a full-time position at a public or nonprofit sector organization, and you’ll need to reapply each year for re-consideration.
Get Paid to Consult with Real Detroit Small Businesses!
The Detroit Neighborhood Entrepreneurs Project, now part of Business+Impact, is seeking two students to serve as Workshop Leaders and Accounting Consultants. Students provide 1:1 financial coaching to Detroit entrepreneurs every other Friday on-site at community partner locations in the neighborhoods. In addition to hourly pay, travel time to/from Detroit is paid and mileage reimbursed. Receive training and mentoring from Ernst & Young partners, build relationships with inspiring business owners, and gain valuable experience that will set you apart from your peers! Applications will be reviewed on a rolling basis.
SEE JOB POSTING
Impact News and Notes
There Are No U.S. ‘Climate Havens’ from Heat and Disaster Risk – featuring Earl Lewis, Julie Arbit and Brad Bottoms
‘We’re cooking our cities’: These drones map 150-degree temperatures in urban areas – featuring Keenan Gibbons
University of Michigan study finds only 36% of Detroit residents make a livable wage – featuring Gabriel Ehrlich
Detroit Today: How Michigan plans to transition to 100% clean energy – featuring Liesl Clark
‘A dream come true’: In Flint, every pregnant person is about to receive cash through Rx Kids – featuring Luke Shaefer
Michigan’s system to approve green energy projects is broken – featuring Sarah Mills
Why Rain Is Getting Fiercer on a Warming Planet – featuring Mohammed Ombadi
Parents prefer indoor physical education due to poor air quality: Research – featuring Susan Woolford
At the University:
The Michigan Business Challenge is a campus-wide, multi-round business plan competition where student teams have the opportunity to win cash prizes totaling over $100,000, gain feedback from leaders in the business community, and expand their business network. This competition includes a Seigle Impact Track that features student businesses that identify a social/environmental issue. Attend this info session, followed by a “How to Pitch” workshop, to learn more.
“The Injustice of Place” book talk and alumni reception – Tues, Oct. 24
Bill de Blasio: Are smart cities smart enough? – Mon, Oct. 30
Social Work Events
The Importance of Transit Equity – Thurs, Nov. 9
ENGAGE Community Engagement Showcase – Wed, Nov. 15
Poverty Solutions Speaker Series
Creating Green Energy and Equitable Enterprise in Detroit – Fri, Oct. 20
Poverty Solutions Alumni Panel – Fri. Nov. 3
The Ginsberg Center offers multiple workshops to support students and staff who are working with communities through courses, student organizations, or independently. Learning in Community (LinC) is an educational workshop and training series focused on supporting those interested in community engagement, social justice, democratic engagement, advocacy, activism, and philanthropy.
In the Impact Community:
We are planning a variety of presentation formats and workshops, along with some wonderful invited guests, including a free Thursday night networking dinner the evening before the conference.
Our Keynote Speaker will be Andre Ebron, the Senior Director for Diversity, Equity and Inclusion at the United Way for Southeastern Michigan.
SOCAP convenes the most engaged and diverse impact investing community in the world. For more than 15 years, the SOCAP conference has been the flagship event and leading convener in the impact economy, gathering more than 100,000 people since our first event. This is the largest, action-oriented gathering where investors, entrepreneurs, and social impact leaders come together to accelerate progress against the world’s toughest challenges through market-based solutions.
Can you design a new business or NGO that delivers a proven poverty intervention at scale? Submit your design for a new organization that solves one of our Distribution Challenges below. We will award the most promising teams with up to $20,000 USD to launch their new organization wherever extreme poverty exists. Challenges include Health, Water, Education Agriculture, Livelihoods, Energy, and Public Services.
Rally’s social enterprise accelerator aims to help local, national, and international entrepreneurs transform their early-stage work into sustainable ventures that create positive social, environmental, or economic change. The Winter cohort will meet from Jan. 22 – May 14, 2024 in Orlando, FL.
Upswell Summit 2023, powered by Independent Sector, will advance our singular mission by offering thought leadership that wrestles with issues plaguing our nation, workshops and panels that will strengthen your institutional, personal, and professional development, as well as time to invest and care for the most important person in the work – you. If you have any questions, please let us know at either firstname.lastname@example.org or 202-467-6115.