IBIE Spring 2022 Program Update

SUMMER 2022

Isabella Bank Institute for Entrepreneurship

PROGRAM UPDATE CELEBRATING OUR 2022 NEW VENTURE CHALLENGE WINNERS! WELCOME BACK STUDENTS!

INSIDE THIS ISSUE 1. Upcoming Fall events 2. Director update 3. NVC winners 4. And so much more!

WANT TO BE INVOLVED? CONTACT US! G r aw n 1 6 4 | 9 8 9 -7 74 - 3 2 70 | n v c @ c m i c h . e d u

UPCOMING EVENTS

FALL 2022

SEPT IDEA Den: Donut Days F Grawn 166 / IDEA Den | 9am-12pm 6-9 Attending a morning class? Need a jumpstart? Stop by Grawn 166 September 6th-9th for free coffee and donuts!

SEPT Fireside Speaker: Bob Larson F Conference Room | 5:30pm-7:30pm 21 Plachta Enjoy pizza and pop with TV Producer and founding partner of Sharp Entertainment: Bob Larson! Producer of popular shows such as 90 Day Fiancé, Man vs. Food, and Extreme Couponing.

SEPT Office Hours with Bob Larson 22 Grawn 166 / IDEA Den | TBA SEPT Get to know IBIE F 22

Grawn 166 / IDEA Den | 5:00pm-7:00pm Do you have entrepreneurial aspirations?

Interested in starting your own business or getting started on the fundamentals?

Attend our “Get to Know IBIE” event!

Learn about everything IBIE has to offer and enjoy free buffalo wild wings.

OCT New Venture Challenge 4 Kick-Off & Ideation F Grawn Atrium | 5:30pm-7:30pm The New Venture Challenge is CMU’s premier entrepreneurship competition!

Learn from past NVC participants, interact with other students, and gain insight into what it takes to come up with a venture idea and compete in the New Venture Challenge!

OCT Fireside Speaker F 12 Plachta Conference Room | 5:30-7:30pm Guest TBA.

Bootcamp / Workshop Social Event / Networking Competition Special Event F Free Food & Drinks

NOV MCSC Competition @MSU 11 Michigan State University | 2:00pm-9:00pm bit.ly/mcsc-2022

NOV Fireside Speaker: Women’s 14 Forum (GEW) F

Plachta Conference Room | 5:30-7:30pm Listen and learn from successful and experienced entrepreneurs as they share personal insight into running a business.

NOV Bootcamp: Networking Night F 17 TBA | 5:30pm-8:00pm NOV Bootcamp: Pitch Preparation Grawn 150G 18 Mentor Training: 10:00am- 10:30am

F

Coffee with mentors: 10:30am-11:00am Workshop segments 11:00am-4:00pm Students are welcome to arrive at 10:30 AM to enjoy coffee and donuts with the mentors.

The workshop modules start at 11:00 AM and end at 4:00 PM.

DEC Make-A-Pitch Prep 1 Grawn 150G | TBA

F

Need to polish your pitch? Attend ourr llast s Make-A-Pitch prep sessionn before bigg before tthe hhe bi competition!

tchh Competition tc Com mppe petittion i n F DEC Make-A-Pitch Grawn Atrium m | 55:30pm-7:30pm :30pm 7:30pm 6 Do you have a venture veenturre iidea? deeaa?? A ssid side de hu hustle sttlee to help you earn money?

Orr are youu earn eextra xt a m oney? O r yo looking to turn urn your yyouur technical technica and andd creative creaattiivve talents into a business? bbusin i ess? Present Present a two-minute pitch pitc at at Make-A-Pitch Makkee AA PPitcch aand ndd YOU can win cash rights! caas a h and nd bragging braaggg ng ri ights!

OCT Bootcamp: Networking Night F 13 TBA | 5:30pm-8:00pm OCT Bootcamp: Resource Fair 14 & Meet the Mentors F

Grawn Atrium | 11:00am- 2:00pm Come to the NVC Resource Fair to learn about the resources to help you with your New Venture Challenge journey!

STAY UP TO DATE

To RSVP for an event or to see news and event updates, check out our Adobe Express page!

UPDATE FROM

THE DIRECTOR Thank you for your support during another outstanding year for the Isabella Bank Institute for Entrepreneurship (IBIE). This summer, our team has set aside time to recap, reflect, and plan for the upcoming year. We have had much to reflect as we wrapped up the spring semester with an excellent New Venture Challenge, the utilization of our new student idea space, and a level of student energy, enthusiasm, and creativity that we have not seen since pandemic began. My appreciation goes out to our amazing students and our many partners across campus.

In this update, you will see a recap of the institute’s highlights this spring. As I shared previously, we continue to embrace a vision of collaborative, cross-campus entrepreneurship and innovation. We have re-energized our programs post-pandemic, including our first cohort of University Innovation Fellows, a campus-wide Hackathon, and the 10th Annual New Venture Challenge.

As we develop our plans for the 2022-2023 academic year, we welcome additional partners and collaborators across campus and beyond. Be on the lookout as we launch new spaces and programs for students to build community around entrepreneurship, test their ideas, and connect and network with experts. As a student-centric institute, we will offer programs to support students from ideation and team building through venture growth. Please watch for further updates in the Fall semester.

Julie Messing Entrepreneurship Faculty & Isabella Bank Institute for Entrepreneurship Director, Central Michigan University julie.messing@cmich.edu

Warm regards,

10 WITHIN 10

RECOGNITION Congrats to New Venture Challenge Alumna Courtney Lorenz a 10 Within 10 Recognition Recipient!

The 10 Within 10 program recognizes young alumni who bring honor to Central Michigan University through work in their career or community. Nominees must be graduates within the past 10 years and age 35 or younger.

Courtney Lorenz is the Founder and idealist at Cultured Kombucha Co.- Michigan’s premier brewer of organic kombucha located in Traverse City, Michigan.

Cultured’s mission is to help customers make healthier lifestyle choices - one sip at a time. Cultured supplies both major retailers such as Meijer, and 200 + small business across the state.

You can learn more about Courtney’s business here:

Courtney Lorenz Founder of Cultured Kombucha Co.

NEW VENTURE

CHALLENGE $60,000+ IN CASH PRIZES AWARDED TO THE BEST & BRIGHTEST NEW VENTURES

50

67

35

Ventures

Participants

Judges

29

21

9

Elevator Pitches

Preliminary Teams

Finalist Teams

THANK YOU TO THE SPONSORS AND CAMPUS PARTNERS WHO HELPED MAKE THIS EVENT POSSIBLE

2022 NEW VENTURE

CHALLENGE WINNERS High Tech High Growth

1st Place: $10,000

2nd Place: $5,000

3rd Place: $2,000

Daniel Lahey, Alec Reilly, Melanie Rogers and Ashfaq Sayeed with Breeze Sweep

Rourke Sylvain and Ali Dabas with Integrated Molecular Innovation

Jordan Craven with Tall and Small Designs, LLC

Main Street

1st Place: $10,000

2nd Place: $2,000

3rd Place: $2,000

Mariah Sperkoski with Cupcake Café

Emily Worline and Erin Markovicz with WoMa Bazaar

Kathryn Longton and Erike Eifler with Portable Bar

Social Mission

1st Place: $10,000

2nd Place: $5,000

3rd Place: $2,000

Bayle Golden with Safe Row

Jamila Little with One Little Elevator Co.

Jacob Kapusansky with Kap & Co.

Lyndell Patrick, Class of 1975 Elevator Pitch Awards

1st Place: $4,000 Jakob Christiansen with ProBoard

2nd Place: $2,000

3rd Place: $1,000

Robert Rasegan with Cold Harvest Hunting Products Earning $2,000

Roy Workman and Kendal Hoppa with Espress & Go

Isabella Bank Gallery Award

1st Place: $2,000 Rebecca Burden with Cannakissed Botanicals

2nd Place: $1,500

3rd Place: $1,000

Fatimah Kahn with Chocoletzle

Brandon Leon with Raptor Medical

CONGRATULATIONS TO OUR 2022

NEW VENTURE CHALLENGE WINNERS! Isabella Bank Gallery Award Honorable Mentions:

$2,000

Lyndell Patrick, Class of 1975 Elevator Pitch Award Honorable mentions:

Emily Worline and Erin Markovicz with WoMa Bazaar

$250

Evan Johnson with mXs Productions

Audience Choice Runner Up Award

$250

Middle Michigan Development Corporations Investor Award

$250

J’Kerion Merritt with Safety Belt

$250

$500 Rebecca Burden with Cannakissed Botanicals

Audience Choice Award $1,000 Fatimah Kahn with Chocoletzle

Evan Johnson with mXs Productions

Ashley Pedersen with LaVie Dans Le Blanc

Hackathon Reimagine event was a collaborative effort between University Innovation Fellows, the College of Business, the College of Science and Engineering, and the College of Arts and Media.

During this 2-day event student teams worked around the clock to create innovative solutions to problems. These problems centered around three themes:

The CMU student experience Mental health and wellness Transportation and sustainability At the end of the 24-hours teams presented their solutions to a panel of judges.

The top teams took home a total of $3,500 in cash prizes generously donated by event sponsors T-Mobile and Ford Motor Company.

HACKATHON

WINNERS ‘22 HACKATHON WINNERS AND THEIR PROJECTS Overall winner: $1,000 Award Listening Chip Team Members: Jordan Leh, Mackenzie Pollock, Yasaswi Avula.

“We know many people who have struggled to go to counselors because of time but also because they were uncomfortable speaking face to face. Our project provides personal peer-to-peer counseling for CMU students. We created prototypes to show what the possible website/app would look like on the CMU website.”

Judges Choice: $500 award Positive Thoughts

Best Solution in the Sustainability & Transportation category: $500 Award Ride and Go Team Members: Emily Naegelin, Shashwat Marjan, Sunil Parvatina “The basic idea is simple: a driver tells the app where they plan to go and when. The app broadcasts this to riders. If a rider needs to go to said destination, they can request to carpool with the driver. When the driver accepts the rider, the rider is given the make and model of the car, as well as a 4-digit pin number. When the rider finds their driver, they tell the driver the 4-digit pin code to enter. We created a sample UI to show what the app would look like.”

Team Members: Clarisa Smith & Justin Spivey

Best Solution in the Student Experience category: $500 Award

“We created an entire plan for improving the overall mental health on CMU’s campus and help reduce the percentage of students with mental health issues. Our plan includes revising current regulations, bringing in positive/uplifting communities to campus life with positive activity integration, and including a mandatory criteria manual and meetings for Resident Assistants that support all students academically and socially.”

Everyone Matters

Judges Choice: $500 award Central Michigan Student Monorail System (CMSMS) Team Members: Josh Gutowski, Matthew Couch, Grant Gascho, David Stanley “We built an Arduino prototype and CNC Machining map and test track.

Our project would provide transport for students from south campus to north campus and adds new parking lots.”

Team Members: Neena Hudson and Ashfaq Sayeed “The goal is to make everyone feel special. Everyone Matters is an authentic ethnic cuisine establishment which will invite cultural understanding, enabling American students to understand cultural differences, foods, music, history, and context.”

Best Solution in the Health & Wellness on Campus category: $500 Award Meet Gabby Team Members: Emma Daniel, Hannah Groothuis, Michael Leiby “We were inspired by our own struggles with mental health on the CMU campus. Meet Gabby integrates resources from CMU and professional services using java script and wix website. It allows students to get the help that they need without the presence of a mental health professional. This service can assess what help a student need based on the answers that they input in a chatbot.

Students will then be guided to the information they need, whether that is through professionals here on campus or provide immediate emergency assistance.”

UNIVERSITY INNOVATION

FELLOWS PROGRAM

The University Innovation Fellows (UIF) is a program run through Stanford University’s Hasso Plattner’s Institute of Design. The UIF program’s mission is to train and empower students to create innovative change at their university. Fellows experience an intensive virtual training session, share ideas, have meet-ups, and spend a week in Silicon Valley. These students develop programs, spaces, and/or initiatives for their colleges; thereby cultivating and enriching the entrepreneurial cultural on campus.

Kyleigh Golightly Marketing/ Professional sales

A big congratulations is due for Fellows Josh Wright, D’yon Padgett, and Kyleigh Golightly. This great group of passionate entrepreneurial minded students were Central Michigan University’s inaugural UIF cohort during the 2021-2022 school year.

We would like to welcome our new incoming 2022-2023 UIF cohort: Jacob Kapusansky, Leslee Weible, Rebecca Ridenour and Taylin Behning. We’re so excited to support them as they develop their projects during this upcoming school year.

D’yon Padgett Entrepreneurship studies

You can learn additional information about the UIF program below and stay tuned for updates from our UIF fellows!

Congrats to our inaugural UIF class!

They did amazing work last school year!

Josh Wright ghtt

VENTURE

Entrepreneurship/ pp/ Real Rea Estate Es ate Development nt & IInvestment vestment

SPOTLIGHT My venture was called Cold Harvest Hunting Products during the time of the NVC, but I have recently changed it, due to starting my L.L.C. My venture is now called Rasegan Outdoor Company. The prototype for my first product that I had presented is called The Meat Blanket. The main solution is to prevent harvested deer meat from spoiling when hunting in warmer temperatures. I am now leaning towards generating more new products like The Meat Blanket for hunters across the nation.

Preparing for NVC as a freshman was very nerve-racking because I had a few different ideas swirling around my head up until a couple weeks before hand. I was ultimately nervous because I had not gotten much time to develop this venture, and I really am not a huge fan of speaking in front of large crowds. I had learned a lot of info in my ENT classes and developed a blueprint for my venture and vvaluable a two-minute speech. I did not expect to even make it to the final presentation, tw om llet et alone alonne end up winning a cash prize at the end. was opportunity to experience the NVC and I am very glad that I IItt w as an an amazing a oovercame e came ssome personal obstacles and put myself out there. I was able to have with many other ENT students, investors, and mentors. My ggreat e t conversations o ve part ffavorite av r e pa a was the gallery, I got to explain my product more in depth and answer that people had about my venture. I am excited to pursue my venture aany ny qquestions uest while wh ilee inn school, and I will for sure be competing in NVC again.

Robert Rasegan Cold Harvest Hunting Products Entrepreneurship Major and Finance Minor

“It was an amazing opportunity to experience the NVC and I am very glad that I overcame some personal obstacles and put myself out there. I was able to have great conversations with many other ENT students, investors, and mentors.”

IBIE SUMMER

UPDATES INTRODUCING THE IDEA DEN!

Stop into Grawn 166 during our open hours (Monday-Friday, 9:00 AM-5:00 PM) to meet others and work on your new venture ideas.

TRAVELING TO TRAVERSE CITY

Two CMU New Venture Challenge Teams take their Ideas to Traverse City!

CMU students and 2022 NVC participants, Daniel Lahey of BreezeSweep and Brandon Leon of Raptor Medical Solutions both presented their new ventures at the University Idea Showcase during Northern Michigan Startup Week in Traverse City.

Northern Michigan Startup Week is a celebration of entrepreneurship and innovation in the northern Michigan area. Participating universities showcased their best student-led ideas to compete for cash prizes and a traveling trophy. A panel of judges determined the best and most innovative idea with the audience voting for their overall favorite team.

Daniel took home third place with his innovative clean-energy venture. Both Daniel and Brandon plan on developing their venture beyond the university.

Check out our two 3D printers. Conceptualize, design and print your prototypes in-house!

Congrats to both for putting their ideas out there!

IBIE TABLING ON CAMPUS COME BY AND SAY HELLO TO THE IBIE TEAM! Use our cricut to design and print vinyl decals for logos, t-shirts, merchandise, and more!

The IDEA Den is open during the Fall semester Monday-Friday from 9:00-5:00 PM. To ensure a staff person is around to assist you, please email Kaye Reimers at NVC@cmich.edu to schedule a one-on-one meeting.

AUG 30

Aug 30, 2022 Basement of UC 12:00pm-3:00pm

SEPT Sept 28, 2022 Basement of UC 28 12:00pm-3:00pm

SEPT 1

Sept 1, 2022 Outside the UC 12:00pm-3:00pm

OCT 4

Oct 4, 2022 Basement of UC 12:00pm-3:00pm

SEPT 7

Sept 7, 2022 Basement of UC 12:00pm-3:00pm

OCT 5

Oct 5, 2022 Basement of UC 12:00pm-3:00pm

SEPT 27

Sept 27, 2022 Basement of UC 12:00pm-3:00pm

OCT 19

Oct 19, 2022 Basement of UC 12:00pm-3:00pm

Thank you for supporting our future entrepreneurs -IBIE faculty, staff, and students

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