April 2021 Newsletter

Anti-Racism and Racial Justice

Business+Impact stands in solidarity with our Asian, Asian American, and Pacific Islander communities, and the Ross School of Business AABA in their call to action to #StopAsianHate and #StopAAPIHate. We condemn all acts of hate, racial violence, xenophobia, and misogyny, including recent anti-Asian and anti-Black violence. At Business + Impact, we are committed to the work of dismantling the structures of systemic racism, achieving racial justice in America, and building an equitable and sustainable future for all. Below are links to learn more and find out how you can support the APPI community.

Business+Impact also recognizes the pain and injustice of recent acts of police violence against people of color, namely Daunte Write and Adam Toledo, especially within the context of the ongoing Derek Chauvin trial. We stand against all systemic racism, selective enforcement, and police brutality against Black and brown people, and we support the Black Lives Matter movement.  

Racial Justice Resources

 

+Impact Studio Update

Applebaum Family Philanthropy Gift

Business+Impact has received more than $1 million from the Applebaum Family Philanthropy to establish the Business+Impact Experiences and Innovation Program at Michigan Ross. This new program will allow the school to enhance and expand its impact and design offerings, including the creation of a permanent endowment fund for need-based internships and scholarships to Business+Impact students. The new program will support approximately 20 students per year through the +Impact Studio at Michigan Ross. Students chosen as Applebaum Impact Design Fellows will develop and test student-led ideas from the award-winning +Impact Studio course and student social innovators around campus, and Applebaum Impact Design Interns will engage in summer internships in connection with the +Impact Studio. Additionally, the gift provides Business+Impact with funding for a range of impact and design activities, such as a new Applebaum Innovator-in-Residence, prototype development for models of social impact, community outreach, research, and more.

Read About the Gift

 


Stories from the +Impact Studio

The +Impact Studio Course‘s multi-year partnership with BlueConduit, a impact company co-founded by Ross professor Eric Schwartz to use data and machine learning for lead service line identification and removal, has been a collaboration success story, and the company has received exciting coverage from a variety of media outlets:

+Impact Studio course student, Applebaum Impact Design Fellow, and Founder Justin Woods (MBA/MSW 21) has spent the past year supporting racial justice through work with the Fellows team on development of the Racial Equity Pledge prototype, and building his social enterprise, EQuity. In his post, “Advancing My Social Impact and Racial Equity Work Through the +Impact Studio,” Justin describes how the +Impact Studio was at the intersection of both his professional and personal goals.

New Scholarship Essay Competition

EQuity is hosting a scholarship essay competition through May 28. You can learn more about the story behind the competition, donate to the scholarship fund, and sign up to be in the first of EQuity’s immersive course.

Read More Stories


Michigan Ross Announces New Student Loan Repayment Program For Full-Time MBA Grads Pursuing Social Impact Careers

Through the Impact Advantage Program, alumni of the Michigan Ross Full-Time MBA Program, beginning with the graduating class of May 2021, who pursue a career in the public or nonprofit sectors can apply for student loan repayment assistance. For those graduates accepted into the program, Impact Advantage will cover a portion of their Ross-related loan obligations — $7,500 per year for five years — while they are employed full-time at a social impact organization.

Read More

Board Fellowship Info Session for Nonprofits


Wed, May 19 @ Noon ET
Online

Are you a nonprofit organization in Southeast Michigan that is curious about the Board Fellowship program? Graduate student Fellows serve as non-voting board members and complete a strategic project that can provide valuable capacity in areas such as strategic plan implementation, sustainability strategies, business plans, and dashboards. This session provides an overview for prospective organizations interested in participating during the 2021-22 academic year, and features insights from nonprofit leaders currently participating. 

Learn more and RSVP


New Undergrad Journal of Sustainability Seeks Leadership Team Members

The goal of UJS at U-M is to promote undergraduate research related to the field of Sustainability. By reviewing and publishing articles from students across campus, UJS provides an incentive for students to not only conduct sustainability-focused research, but also use their research to contribute to the academic field. The organization is looking to recruit like-minded individuals for its founding team. 

Interest Form

Ross Event Highlights:


Ross Alumni: Environment and Sustainability Discussion with Andy Hoffman
Thurs, Apr. 22 @ 6 pm ET
Online


CPO: Positive Business Conference
Thurs and Fri, May 13-14
Online

SPOTLIGHT

Sarita Nayyar (MBA ’87), Managing Board Member at the World Economic Forum

Sarita Nayyar is a member of the Managing Board at the World Economic Forum, who heads strategic partnerships with partners at Board and C-suite levels, for the purpose of improving the state of the world. She led the international expansion of the global Centre for the Fourth Industrial Revolution (C4IR) network. The network seeks to rapidly achieve global scope and scale in establishing a new operating system for international technology governance and cooperation. Prior to this work, Ms. Nayyar worked with Mondelez International in the Post Cereals Division. Find out how she lived the credo “Business can be a force for good,” and learn how she made the transition from food manufacturing to a major public-private international organization.

READ MORE



A Searchable Platform for All Things Impact at Ross and Across Campus


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. 

IMPACT GATEWAY

At the University:

 

OFFICE FOR HEALTH EQUITY AND INCLUSION

Making Space for Belonging Through Racial Healing

Thurs, Apr. 29 @ 3-5 pm ET
Online

At this unique virtual event, Sonya Jacobs, Chief Organizational Learning Officer for Michigan Medicine will welcome Professor Rhonda V. Magee from the University of San Francisco School of Law to discuss mindfulness-based transformational education’s public health imperative with regard to racial healing. This will be followed by a Healing panel discussion and DEI Advocate Awards.

Info and Registration

 


In the Impact Community:

Public Allies

Apply Now

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 the Michigan Community Service Commission. Apply now for fall opportunities.

Application info


You Can’t Change Systems Without Advocacy

Tues, May 11 @ TBA
Online

This Upswell Pop-Up will explore the mechanics of effective advocacy. With transformative change within reach, we’ll learn with some of the most influential advocates about what our ongoing crises have taught us – and how we can (and must) use collective action to move quickly toward a healthier and more equitable future.

More info and Registration


D Prize

Early Submission Date:
Sun, May 16 @ Midnight PT

The world has already invented ways to end poverty, yet the best interventions are not being distributed at mass-scale. Can you design a business or NGO that addresses subjects from education to health access? If selected, you’ll be awarded up to $20,000 to launch a pilot in any region where extreme poverty exists.

Info and Application


Climate Leadership Conference

Tues, May 25 @ 12:30 – 5 pm ET
Online

As 2021 kicks off a decade of climate transformation, the virtual Climate Leadership Exchange is your opportunity to engage and connect with North America’s most influential community of climate leaders from business, government, academia, and the nonprofit sector. The CL Conference will feature top-notch intelligence, peer-to-peer learning, and connections.

Registration info


CEMEX-TEC Awards and Bootcamps

Submit by May 31

The CEMEX-TEC Award has 4 global categories, within which you can participate by registering your project. Social entrepreneurship projects must have at least one year of implementation and generate a systemic change. Projects in sustainable transformation of communities should focus on postgraduate students. Community-based and social transformation projects that have at least one year of implementation form the third group. Collaborative action projects are focused on organizations that work through intersectoral alliances, involving at least 3 sectors of society.

Submission info


All images in this newsletter are Pre-COVID.

March 2021 Newsletter

Impact Internship Funding – Round Two Application

Application Due:
Fri, Apr. 16 @ Noon ET


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.

APPLY NOW


Parcel Health Wins the 2021 Michigan Business Challenge — Seigle Impact Track


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 InstituteBusiness+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

READ MORE


Michigan Impact Investing Symposium


Sat, Mar. 20 @ 10 am
Online

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.

REGISTER HERE


SOCIAL ENTERPRISE SPOTLIGHT

Reclaiming the Media Narrative for Arab and Muslim Americans

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!

READ MORE

DNEP Accounting Consulting Internship


Apply by
Thurs, Apr. 1

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.

Application Here

 


 

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.

Watch Here

 

Ross Event Highlights:


Ross Alumni: Ten Years After the Affordable Care Act: Success and Failures
Thurs, Mar. 18 @ 1 pm ET
Online


ZLI: Five Ideas Workshop
Fri, Mar. 19 @ 10 am – Noon ET
Online


Ross B&S: Overcoming Systemic Barriers to Entrepreneurship
Fri, Mar. 26 @ Noon ET
Online


PTMBA: Women, the Workforce, and the MBA
Wed, Mar. 31 @ 8 pm ET
Online



A Searchable Platform for All Things Impact at Ross and Across Campus


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. 

IMPACT GATEWAY

At the University:

 

STUDENT SUSTAINABILITY COALITION

Campus Sustainability Positions in the Fall

Apply by
Sun, Mar. 21 @ 11:59 pm

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.

Apply Here

 

 


PROBLEM SOLVING INITIATIVE

Fall Courses Registration

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:

Register Here


LSA

Semester in Detroit

Application Deadline
Wed, Mar. 31

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.

More Info


CEW+

Scholarships Available for 2021-22 Academic Year

Application Deadline
Wed, Apr. 1

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.

More Info on CEW+ Scholarships

 

 


In the Impact Community:

 

Job Opportunities with Prime Coalition


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


Apply Now

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 info


American Express NGen Fellows Program


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.

Application info


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.

More info


Halcyon Incubator Fall 2021 Fellowship Application


Application Deadline
Fri, Apr. 9

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.

Application info


All images in this newsletter are Pre-COVID.