November 2018 Newsletter

AT ROSS:

“Shared Prosperity” Conference a Big Success

Over a hundred executives and academics came to Ross on Oct. 24-26 for a conference titled, “Working Towards a Shared Prosperity: An Academic-Executive Dialogue,” sponsored by Business+Impact and the Aspen Institute. Two public events featured Carl Camden, former CEO of Kelly Services, and James Keane, CEO of Steelcase. Discussions ranged from employment opportunities to creating cultures that share the wealth.

See the photos, agenda, and videos of sessions on the conference webpage.


2018 Renewable Energy Case Competition

Fri, Nov. 30
Ross School of Business 

The Energy Club at the University of Michigan’s Ross School of Business will present its tenth annual Renewable Energy Case Competition (RECC), where MBA teams from top business schools compete to solve one of many significant challenges facing the renewable energy industry today. The 2018 RECC committee selects the competition topic and writes the case. Business+Impact is a sponsor of this competition.

COMPETITION WEBPAGE


Ross Open Road Info Session

Tues, Dec. 4, 5 – 6 pm
@ Ross B1580

MBAs are invited to learn about Ross Open Road with last year’s teams, as they speak about their experiences. Now in its fifth year, this student-organized program is focused on social entrepreneurship and takes place in the month of May.


Support Social Impact Students on Nov. 27

Giving Blueday is Michigan’s university-wide global day of giving. On Nov. 27, you can transform lives by supporting the Ross Give-A-Day Fund, which we administer. Plus, your money will go even further through matching and social media challenges!

SUPPORT INTERNS


Peace Corps Info Session

Tues, Nov. 27, 5 – 6 pm
@ Ross B1580

Make a difference in the world with the Peace Corps. Attend this information session to find out more about this unique approach to making a difference.


Ross Event Highlights


WDI: Liquid Assets: Investing to End the Global Water Crisis
Tues, Nov 27 @ 5 pm
Ross R2240

Erb:
 The Elements of Business Sustainability Series: Business and Human Rights with Roger McElrath
Thurs, Nov 29 @ Noon
Ross B2560

CDO: Careers in Impact Panel and Networking
Thurs, Nov. 29 5:30-7:30 pm
Ross Colloquium

Net Impact: Career Symposium
Fri, Nov. 30, 9:30 am – 3 pm
Ross School of Business

Clubs: Emerging Markets Conference
Fri, Dec. 7, 8:30 am – 3 pm
Ross Colloquium

CPO:
 Company-Community Partnerships for Purpose and Sustainable Impact
Tues, Dec. 4 @ 4 pm
Ross School of Business

All of these events are open to the public.

For a complete list of impact events in the coming month, visit the Business+Impact Impact Gateway at RossImpact.com

   IMPACT NEWS & NOTES:


AT THE UNIVERSITY:

UNDERGRADUATE PROGRAMS

Guest Speaker: Trey Boynton

Tues, Nov. 27, 7 – 9 pm
Rackham Auditorium

Guest speaker Trey Boynton will discuss her position as Diversity and Inclusion Manager at Ann Arbor-based Duo Security. A graduate of U-M, Trey is an advocate for creating change so that all people are valued, celebrated and able to offer their unique contribution.


LSA

Detroit Community-Based Research Project

Application Deadline: Tues, Dec. 4 @ 9 am

The Detroit Community Based Research Program (DCBRP) is a social justice-focused summer fellowship program run through the University of Michigan Undergraduate Research Opportunity Program that places undergraduates with community-based organizations in full-time research positions. Students work on projects addressing social and environmental justice, food insecurity, human rights, public health, youth development, and more!


FORD

Automating Inequality: How High-Tech Tools Profile, Police and Punish the Poor

Thurs, Dec. 6 @ 4 pm
Weill Hall

Virginia Eubanks will discuss her book of the same name, where she systematically investigates the impacts of data mining, policy algorithms, and predictive risk models on poor and working-class people in America. Naomi Klein says, “With its striking research and moving, indelible portraits of life in the ‘digital poorhouse,’ you will emerge smarter and more empowered to demand justice.”


IN THE IMPACT COMMUNITY:

SIILK Network Fellowships

Application Deadline: Fri, Nov. 30

SIILK is launching a one-year fellowship to support education and professional development for exceptional students through an internship with IEN, featuring academic project work, mentorship, training, and support. Fellows will receive an $8,000 honorarium and extensive opportunities to connect with experts. The fellowship program is open to graduate and undergraduate students with diverse backgrounds and experiences.

Apply here


2019 Global Social Venture Competition

Application Deadline: Mon, Dec. 3

Kickstart your social venture through multiple opportunities to win prize money, ranging from $2,500 to $40,000 in potential funding for your start-up. GSVC connects emerging social entrepreneurs with the world’s leading experts in venture capital, impact investing, and social entrepreneurship.

Apply here

November 2018 Newsletter

AT ROSS:

“Shared Prosperity” Conference a Big Success

Over a hundred executives and academics came to Ross on Oct. 24-26 for a conference titled, “Working Towards a Shared Prosperity: An Academic-Executive Dialogue,” sponsored by Business+Impact and the Aspen Institute. Two public events featured Carl Camden, former CEO of Kelly Services, and James Keane, CEO of Steelcase. Discussions ranged from employment opportunities to creating cultures that share the wealth.

See the photos, agenda, and videos of sessions on the conference webpage.


2018 Renewable Energy Case Competition

Fri, Nov. 30
Ross School of Business

The Energy Club at the University of Michigan’s Ross School of Business will present its tenth annual Renewable Energy Case Competition (RECC), where MBA teams from top business schools compete to solve one of many significant challenges facing the renewable energy industry today. The 2018 RECC committee selects the competition topic and writes the case. Business+Impact is a sponsor of this competition.

COMPETITION WEBPAGE


Ross Open Road Info Session

Tues, Dec. 4, 5 – 6 pm
@ Ross B1580

MBAs are invited to learn about Ross Open Road with last year’s teams, as they speak about their experiences. Now in its fifth year, this student-organized program is focused on social entrepreneurship and takes place in the month of May.


Support Social Impact Students on Nov. 27

Giving Blueday is Michigan’s university-wide global day of giving. On Nov. 27, you can transform lives by supporting the Ross Give-A-Day Fund, which we administer. Plus, your money will go even further through matching and social media challenges!

SUPPORT INTERNS


Peace Corps Info Session

Tues, Nov. 27, 5 – 6 pm
@ Ross B1580

Make a difference in the world with the Peace Corps. Attend this information session to find out more about this unique approach to making a difference.


Ross Event Highlights


WDI: Liquid Assets: Investing to End the Global Water Crisis
Tues, Nov 27 @ 5 pm
Ross R2240

Erb:
 The Elements of Business Sustainability Series: Business and Human Rights with Roger McElrath
Thurs, Nov 29 @ Noon
Ross B2560

CDO: Careers in Impact Panel and Networking
Thurs, Nov. 29 5:30-7:30 pm
Ross Colloquium

Net Impact: Career Symposium
Fri, Nov. 30, 9:30 am – 3 pm
Ross School of Business

Clubs: Emerging Markets Conference
Fri, Dec. 7, 8:30 am – 3 pm
Ross Colloquium

CPO:
 Company-Community Partnerships for Purpose and Sustainable Impact
Tues, Dec. 4 @ 4 pm
Ross School of Business

All of these events are open to the public.

For a complete list of impact events in the coming month, visit the Business+Impact Impact Gateway at RossImpact.com

   IMPACT NEWS & NOTES:


AT THE UNIVERSITY:

UNDERGRADUATE PROGRAMS

Guest Speaker: Trey Boynton

Tues, Nov. 27, 7 – 9 pm
Rackham Auditorium

Guest speaker Trey Boynton will discuss her position as Diversity and Inclusion Manager at Ann Arbor-based Duo Security. A graduate of U-M, Trey is an advocate for creating change so that all people are valued, celebrated and able to offer their unique contribution.


LSA

Detroit Community-Based Research Project

Application Deadline: Tues, Dec. 4 @ 9 am

The Detroit Community Based Research Program (DCBRP) is a social justice-focused summer fellowship program run through the University of Michigan Undergraduate Research Opportunity Program that places undergraduates with community-based organizations in full-time research positions. Students work on projects addressing social and environmental justice, food insecurity, human rights, public health, youth development, and more!


FORD

Automating Inequality: How High-Tech Tools Profile, Police and Punish the Poor

Thurs, Dec. 6 @ 4 pm
Weill Hall

Virginia Eubanks will discuss her book of the same name, where she systematically investigates the impacts of data mining, policy algorithms, and predictive risk models on poor and working-class people in America. Naomi Klein says, “With its striking research and moving, indelible portraits of life in the ‘digital poorhouse,’ you will emerge smarter and more empowered to demand justice.”


IN THE IMPACT COMMUNITY:

SIILK Network Fellowships

Application Deadline: Fri, Nov. 30

SIILK is launching a one-year fellowship to support education and professional development for exceptional students through an internship with IEN, featuring academic project work, mentorship, training, and support. Fellows will receive an $8,000 honorarium and extensive opportunities to connect with experts. The fellowship program is open to graduate and undergraduate students with diverse backgrounds and experiences.

Apply here


2019 Global Social Venture Competition

Application Deadline: Mon, Dec. 3

Kickstart your social venture through multiple opportunities to win prize money, ranging from $2,500 to $40,000 in potential funding for your start-up. GSVC connects emerging social entrepreneurs with the world’s leading experts in venture capital, impact investing, and social entrepreneurship.

Apply here

Undergraduate Team Upstart Wins the University of Michigan 2018 Social Impact Challenge

ANN ARBOR (February 7, 2018) — The University of Michigan Center for Social Impact, in partnership with the Detroit Economic Growth Corporation (DEGC) and the Ford School of Public Policy announced the winners of the University-wide 2018 Social Impact Challenge, held on February 6, 2018 at the Stephen M. Ross School of Business. The top team, Upstart, took home a $3,000 cash prize, and all team proposals were focused how pop-ups can encourage neighborhood revitalization and small business development in Detroit.

The challenge began on January 17, 2018 with a record 144 students from 9 colleges at U-M. Of those, 22 teams with 103 total students entered proposals for the competition, and after the first round of judging on January 31, three team finalists were selected to pitch their ideas at the finals: Upstart, eMpower and Snap Crackle Pop-up. Watch the entire MSIC18 Finals Event on Ross MediaView photos from the Finals Event

The winner, Team Upstart, was comprised of five undergraduates from the U-M Ross School of Business, College of Engineering and the College of Literature, Science & the Arts: Nick Walsh-team leader (BBA ‘19), Michael Ralph (BSE ‘19), Shalini Rao (LSA ‘18), Brie Riley (BBA ‘19), Samuel Ungerleider (BBA/LSA ‘20). They won $3,000 for their innovative and research-driven proposal that highlighted a sensitivity to incomes and accessibility when choosing their ideal business corridor.  Prizes this year were sponsored in part by U-M alum S. Scott Stewart, Managing Partner at Capitol Seniors Housing.

The following teams won second ($1500) and third ($500) prizes, respectively:

  • eMpower [Sonia Jose (MBA ‘19), Saskia DeVries (MPP/MSI ‘18), Sanjana Rajagopalan (MS ‘18), April Shen (MBA ‘18), Aishwarya Varma (MBA ‘18)]
  • Snap Crackle Pop-up [Ali Raymond (MBA/MA ‘18), Kettiane Cadet (MBA ‘19), Elana Fox (MBA/SEAS ‘20), Marjace Miles (MBA ‘19), Hannah Smalley (MBA/MPH ‘20)]

Student teams spent two weeks intensively studying the economic and social issues surrounding Detroit’s neighborhoods, evaluated key neighborhood corridors, visited successful existing pop-ups in Detroit, and pored over Detroit history and data. In the finals, various ideas included a focus on ethnic strengths, partnerships with U-M for training and development, and a central community meeting space for developing a tiered pop-up strategy.

“As we developed our plan, I was struck by all of the factors you have to consider on the social side, from community engagement to economic awareness. Until that point, I had been solely focused on dollars and cents.” said Michael Ralph, a member of the winning team.

Kettianne Cadet of Team Snap Crackle Pop-up said, “Community buy-in, engagement and involvement is vital to any work done in Detroit, otherwise you risk resentment. From speaking with store owners in our targeted corridor, we learned that it’s essential to be transparent with all you do, in order to avoid replicating the gentrification seen in other neighborhoods.”

After the pitches, the final decision was reached by challenge judges who are deeply involved in Detroit neighborhood revitalization:

  • Kyla Carlsen – Small Business Services Finance Manager for Detroit Economic Growth Corporation
  • Brandon Hodges – Development Manager for The Platform
  • Brianna Williams – Owner of DCreated Boutique
  • Alexa Bush – Senior City Planner for the City of Detroit

Lily Hamburger, Small Business Development Manager at DEGC and U-M graduate said, “The opportunity to partner with my alma mater on meaningful social change in Detroit is very exciting. We have enjoyed this partnership, and we trust that it was mutually beneficial to DEGC, the city, and the students.”

Additional prizes went to participating teams as follows:

  • Best Branding Idea – La-La-Lady Bosses
  • Most Creative Idea – D-Impact
  • Most Ready for Implementation – 139 Squared
  • Social Media Prize – eMpower

Work on the Social Impact Challenge winners’ proposal will likely continue, with further projects and a possible summer internship offered through Business+Impact. Such plans are in line with the Center’s purpose to provide action-based programs that offer students multidisciplinary and cross-sector opportunities to deliver social impact.

“We believe the best way to learn about delivering meaningful social impact is to actually work on the ground with community leaders on projects that will have a lasting impact,” said Matt Kelterborn, Program Director for Business+Impact. “In all of our programs, students engage across sectors and disciplines on real challenges, and we look forward to assisting DEGC in the next stage of work.”


Watch the entire MSIC18 Finals Event on Ross Media

About the Social Impact Challenge

Every winter semester, the University of Michigan’s Center for Social Impact partners with urban partners on a project that helps tackle a pressing social or economic need. The Social Impact Challenge is an opportunity for graduate and undergraduate students across the entire university to collaborate and solve complex social issues in a competitive environment with real-world implications.

About Business+Impact

Since its inception in 2014, the Center for Social Impact at the Stephen M. Ross School of Business has engaged hundreds of students across U-M and worked with a wide array of partners to define and advance the practice of social impact, social innovation and entrepreneurship. The center has a significant interest and stake in the city of Detroit. For more information, visit businessimpact.umich.edu.

About Detroit Economic Growth Corporation

DEGC is an independent, non-profit organization that serves as Detroit’s lead provider of business retention, attraction and economic development services. DEGC is led by a 50-member board comprised of business, civic, labor and community leaders. The team of professionals provide staff services for key public authorities that offer tax-increment and other forms of financing for projects that bring new jobs or economic activity to the city. DEGC also provides planning, project management and other services under contract to the City of Detroit.

PRESS CONTACT: Glenn Bugala, gbugala@umich.edu, 734-764-8189

PHOTOS ARE AVAILABLE FOR DOWNLOAD HERE: https://www.facebook.com/media/set/?set=a.1200792380054160.1073741885.527395197393885&type=1&l=feca66e162

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Colleen Hill Receives Skip and Carrie Gordon Scholarship

ANN ARBOR – Jan. 23, 2017 – Business+Impact is pleased to announce that Colleen Hill (MBA/MS ’19) recently received the 2017-18 Skip and Carrie Gordon Scholarship for outstanding commitment to solving complex social challenges through learning. But even before receiving this $5,000 award, she was a Summer Fund Intern, a Ross Open Road Fellow, and a Social Impact Peer Coach. She says,

“The Skip & Carrie Gordon Scholarship will support me by allowing me to feel more comfortable spending three full years pursuing my dual degree through the Erb Institute; with the extra semester at Michigan, I can become more deeply involved in developing social impact programming at Ross and enhancing our network further.” B+I looks forward to seeing Colleen pursue big ideas with a strong vision for social impact in her career.

Colleen plans to continue as an advocate for impact. According to her, “I came to Ross to learn more about how business can be a positive force for good in the world. I started to understand the struggles that people in our own country face, and realized I can start to have an impact domestically as well.” Looking forward to graduation, Colleen says, “My long-term career goal now is to have a career in supply chain operations, where I can work to make supply chains more transparent, and influence businesses to have humane operations and move to more humane labor rights for employees at the beginning of their supply chains.”

Students are exploring social impact dreams at Ross

Ariana Almas and her MAP team with faculty advisers Jane Dutton and Michael Gordon.

MAY 15, 2017 – In an article from Poets and Quants, released today, several students were spotlighted as examples of “Rising Interest in Social Impact at Ross.” Ariana Almas’ Social Impact Challenge experience and social impact MAP project reveal an abiding interest in making a difference.  Molly Hope’s and Mary Rockas’ MAP projects helped them discover just how much business can help society.  Parker Caldwell traveled to India to work for a private company that wants to make the world a better place.  Specific details about all the students’ experiences are highlighted in the article.

Read the full article