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Bob Mark Business Model Competition Applications Now Open

Published November 13, 2018

The Innovation Center for Entrepreneurship will host the 2018 Bob Mark Business Model Competition from 7 to 9 p.m. Wednesday, Dec. 5 in the Opie Library. Students can apply to compete here.

Prizes will be awarded to the most scalable and actionable business model pitches. Using prize money, students have a chance to take their entrepreneurial idea to the next stage of development further preparing them for additional opportunities such as competing at the New Venture Competition held in April at Central Michigan University.

President Koubek will serve as a distinguished judge alongside other entrepreneurially minded faculty, staff, and community members.

Prizes for the Bob Mark Business Model Competition include:

First Prize – $2,000 + $100 services from MTEC SmartZone
Second Prize – $1,000 + $100 services from MTEC SmartZone
Third Prize – $500 + $100 services from MTEC SmartZone
Honorable Mention (2 prizes) – $250 each
Audience Favorite – $250
MTEC SmartZone prize – $1,000

Students should apply by submitting this form no later than midnight on Wednesday, Nov. 21. The top 15 applicants will be selected to participate in the Bob Mark Business Model Competition. Student guidelines, scoring criteria, and a blank Business Model Canvas can be found at mtu.edu/honors/ice/husky-innovate.

The 2018 Bob Mark Business Model Competition is part of Husky Innovate, a series of workshops and events that guide students through key phases of innovation or business development while emphasizing evidence-based strategies for success. The competition is hosted by the Innovation Center for Entrepreneurship, which is a collaboration between the Pavlis Honors College, the School of Business and Economics, and the Vice President for Research Office. The event is a tribute to the late Bob Mark, professor of practice in the School of Business and Economics. Mark founded the Elevator Pitch Competition and brought the Business Plan Competition to Michigan Tech. His entrepreneurial spirit lives on in students, faculty, and staff.

Business and Technology Merges in Husky Innovate Idea Pitch Competition

Published October 26, 2018

By Shannon Rinkinen

The first annual Husky Innovate Idea Pitch Competition took place Wednesday, Oct. 17 in Fisher Hall. The competition was hosted by the Innovation Center for Entrepreneurship, a collaboration between the Pavlis Honors College, the School of Business and Economics, and the Vice President for Research Office.

More than 30 students from various majors and disciplines pitched to a panel of judges comprised of faculty, alumni, and community members. Participants had two minutes to pitch their innovative and disruptive ideas. Alumni from Michigan Tech’s 14 Floors joined the judging panel to offer feedback and expert advice to budding Michigan Tech entrepreneurs.

Two students on stage after presenting in the Husky Innovate Idea Pitch Competition — Students in the School of Business and Economics participate in the Husky Innovate Idea Pitch Competition.

The winners of the 2018 Idea Pitch Competition are:

First Place and Audience Choice—Cameron Philo, Electrical Engineering, Pavlis Honors College, Life Pro Jackets
Second Place—Gary Tropp, Computer Network and System Administration, A Better Way to Schedule Classes
Third Place—Mayank Bagaria, Mechanical Engineering, Wearable Translator
Honorable Mention—Sarah Smyth, Business, Post-op Bra for Breast Cancer Survivors
Honorable Mention—Christopher Codere and Joshua Hansen, MBA and Software Engineering, Firearm Detection Technology for Police Officers
Honorable Mention—Marina Brusso and Maxx Fredrickson, Marketing/Management and Management, Parking Improvement App

The Idea Pitch Competition is part of Husky Innovate, a series of workshops and competitions that guide students through key phases of business development while emphasizing strategies for success. More information on upcoming Husky Innovate events can be found at mtu.edu/husky-innovate.

Husky Innovate Workshops and Pitch Competitions

Published October 2, 2018

By Shannon Rinkinen

The Innovation Center for Entrepreneurship at Michigan Tech, a collaboration between the Pavlis Honors College and the School of Business and Economics, announces a new series of workshops and events for students called Husky Innovate. Husky Innovate is a succession of workshops and competitions guiding students through key phases of innovation and business development, while emphasizing evidence-based strategies for success.

Students are encouraged to participate in any/all events of their choosing, whether they’re interested in learning more about entrepreneurship and innovation to distinguish their résumé, or they want to start their own business and build knowledge, expertise, and confidence through participation.

Students who challenge themselves to pitch their idea at a national, state, or regional competition will find the Husky Innovate track provides a foundation for achieving their goals. The workshops and events emphasize experiential learning and provide the opportunity to get valuable feedback from peers and mentors.

The Idea Pitch Competition will be held from 7 to 9 p.m. Wednesday, Oct. 17 in M&M U113. During the two-minute pitch competition, students will share their favorite innovative and disruptive idea in an interactive community setting. Cash prizes will be awarded. Students should register early; participation is limited to the first 30 registrants.

See more events and upcoming workshops at mtu.edu/husky-innovate.

Project Management Institute Competition

Published April 12, 2018

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Each year Michigan Tech’s OSM4200 Advanced Project Management course competes in the West Michigan Chapter of the Project Management Institute (PMI) competition in Grand Rapids Michigan. This year, two Michigan Tech teams competed: “Lettuce Taco ’bout Food Waste” and “Squash the Waste”.

This year’s project plan was to design, create and package an educational program that draws current practical information from the national, state, and municipal levels to show what people can do to reduce food waste. Michigan Tech’s “Squash the Waste” placed 3rd out of 8 teams in THE Project 2018 project management plan competition on Monday, April 9. The team’s mentors were Ginger Connin and Thomas Conquest. Roger Woods, Senior Lecturer was the team’s Project Champion and Faculty Advisor. The team members were:

John Carey: undergraduate student – engineering management major

Shelbie Koenitzer: undergraduate student – management major with a concentration in entrepreneurship

Emma LeFleur: undergraduate student – engineer management major

Austin Riipli: undergraduate student – engineering management major

Nihar Brahmbhatt: graduate student in electrical engineering

Shawn Badanjek, Engineering Management & MIS, Wins Big at Lear Open Innovation Challenge with other Michigan Tech Students

Published February 26, 2018

By Jodie Filpus

Student Spotlight

By Jennifer Donovan
Original Link

Five Michigan Tech students competed in the Lear Open Innovation Challenge 2018, and four brought home awards.

Michigan Technological University students Shawn Badanjek, Mayank Bagaria, Anurag Kamal, Cameron Philo and Arvind Ravindran completed this year’s challenge, and Badanjek [student in the School of Business and Economics] was a member of the team that won the grand prize.

Lear Corporation, based in Detroit, is a leading automotive supplier that hosts the annual challenge to build connections with the state’s universities and tap new sources of innovative ideas.

“Detroit is the birthplace of the automobile, and, leveraging this proud legacy and manufacturing expertise, its industries are poised to be ground zero for the development of tomorrow’s mobility solutions,” the Lear Open Innovation Challenge website explains.

The challenge is conducted by the Innovatrium, a consulting firm founded to help organizations build the internal capacity to innovate and grow.

This year’s Lear Challenge had 57 participants from six universities: Michigan Tech, Michigan State University, Wayne State University, the University of Michigan-Ann Arbor, the University of Michigan-Dearborn and the University of Detroit-Mercy.

The Lear Open Innovation Challenge presents a problem to interdisciplinary teams of university students. This year, the challenge involved increasing vehicle occupant safety. Two weeks later, the teams meet in Detroit to present their solutions.

The competition is designed to teach an innovative mindset, prepare students to create ideas for the future of mobility and vehicle connectivity, work with innovation coaches and Lear technology development experts and learn how to develop solutions that advance technology and manufacturing. While in Detroit, the student teams get a tour of Lear’s headquarters and a chance to network with top companies in the Detroit area and faculty from Michigan Tech, Michigan State, Wayne State, the University of Michigan-Ann Arbor and University of Michigan-Dearborn.

Grand Prize Winner

Five Michigan Tech students completed the challenge and four received awards. One, Shawn Badanjek, was a member of the team that won the Grand Prize. A senior in engineering management [and management information systems], he will receive an internship with Lear for the summer, where he will work with his team to develop a prototype of their idea. He will also receive $250 cash prize, a Haworth Fern chair (customized personally for him) and a set of Detroit Tigers tickets.

Lear Open Innovation Challenge grand-prize-winning team: (from left) Michigan Tech student **Shawn Badanjek**, Janelle Newman, Shivam Bajaj, Nicole Goldi and Adrian Maloy.

Badanjek has high praise for the competition mentors. “I believe the guidance and mentoring I received from these people was priceless,” he says. “I learned more about high-level team building and interaction in two weeks than in any semester-long class I have ever taken. This is something you learn that will be with you and help you navigate team interactions for life.”

Two other students, Cameron Philo—a Pavlis Honors College student—and Mayank Bagaria, were on a team that won an award for the most innovative idea. They will each receive a $250 cash prize.

“We approached the problem from a very different perspective, not as a conventional mechanical engineer would design, but as a biomedical engineer would design,” says Bagaria, a graduate student in mechanical engineering. “Working on the team was an awesome experience; diverse universities with people from different majors provided a very different perspective to the solution. The whole experience made me realize my strength and areas I need to work on. Michigan Tech helped us throughout the process. It would not have been possible to go and compete in Detroit without Michigan Tech.”

Michigan Technological University is a public research university, home to more than 7,000 students from 60 countries around the world. Founded in 1885, the University offers more than 120 undergraduate and graduate degree programs in science and technology, engineering, forestry, business and economics, health professions, humanities, mathematics, and social sciences. Our beautiful campus in Michigan’s Upper Peninsula overlooks the Keweenaw Waterway and is just a few miles from Lake Superior.

Category: Competitions