Newswise — Seventeen student businesses have entered the Babson College MBA Entrepreneurship Intensity Track program. EIT offers students the opportunity to earn an MBA degree and launch a business at the same time.
EIT is a year-long academic program. Students apply each April, and, if selected, are encouraged to take part in internships with start-up companies during the summer semester. These internships offer a total immersion in the start-up world. During the fall semester, students begin pursuing an integrated, highly focused entrepreneurial curriculum designed to deliver the skills needed to shepherd a business idea through the stages of exploration, investigation, and refinement. This academically rigorous curriculum includes both classroom and "reality-based" activities. By the spring semester, EIT students are expected to fund and launch businesses. More information is available at http://www3.babson.edu/ESHIP/academic/graduate/eit.cfm
New Babson EIT Businesses
Buyer Elite (Richard Aziz Grieser & Adam Schouela) provides attractive discounts to the average consumer using the collective bargaining principle. In essence, if more people are willing to purchase a product at the same time, a better price can be obtained.
Choice Markets (Matt Brown & Jeff Siteman) is a brand of convenience stores offering nutritious foods & beverages to health-conscious, on-the-go consumers. Choice Markets: Maximum Convenience, Zero Guilt.
Cenamaven (William Dorcena) works with clients to identify their most profitable markets, develop sustainable competitive advantage plans and implement tactics from their strategies to gain market share.
ENFOSOL (Mohsin Khan, Ismail Deif) provides electronic medical record software and associated services to increase the workflow efficiency of healthcare providers. By combining our software and service expertise we offer a single interface to insurance companies, labs, pharmacies and other healthcare institutions -- thus removing the need for providers to interact with these entities. This allows providers more time to see patients as well as enables them to cut internal costs.
FunkyCall (Maja Drolec & Mihael Mikek) is a mobile entertainment service that enables cell phone users to send pre-recorded voice content to any mobile or landline phones in the form of a call. FunkyCalls, CelebrityCalls, Greetings and Invitations are the main categories on the FunkyCall.com community web portal, where users can listen, browse, share, upload and send prerecorded calls.
GameMerchandise.com (Besjon Alivandi) creates and sells personalized merchandise to players of online games based on their in-game characters. Products range from dramatic movie posters to colorful figurines of each player's character. Utilizing patent pending technology and acting as a fulfillment service for game companies, GameMerchandise.com will enable players to bring their online characters into the real world.
gogaga (Jill Cartwright) is a line of child travel products (strollers, baby carriers and travel accessories) that makes it easier and more enjoyable for parents to spend time with their children, whether running errands across town or taking a trip to another country. gogaga products are designed to be ergonomically safe for parents, lightweight, urban stylish and easy to use.
LuckySavage Lounge & Restaurant Group (Ben Kraines, Luis Sanchez & Jared Bassoff) is comprised of three members with more than 18 years of industry experience. They have held positions that range from bartender to general manager to even chef at the NYC Four Seasons Hotel. These three partners are now looking to create their own families of lounges & restaurants throughout the country. In an industry that is notorious for poor management, LuckySavage Lounge & Restaurant Group has the rare combination of relevant experience and business education to make this venture a roaring success.
Lugones Interiors (Caroline Lugones) provides clients with health and wellness designs for their residential or commercial interiors. Clients who have needs that go beyond a traditional interior design will be offered innovative solutions using 'green' design, feng shui or design to meet their specific changing health needs.
Manassa Thai Tea (Manassa Sukanit) is a ready-to-drink, sweet, strong, brown-orange colored tea originally from Thailand. With a base of black tea leaves that have been fully fermented and roasted, various spices are added to create a unique taste. Products will be available in both forms of milk tea and non-milk tea. Since consumers are becoming more interested in innovative, varied and convenient-to-drink beverages, the sweetness and strong taste of Thai tea will be another innovative choice to U.S. market beverage consumers.
MiteZapper, LLC (Maria Sinanis). The MiteZapper is a device that treats one of the most serious threats to honeybees and agriculture -- varroa mite infestation. For the hobbyist, part-time, and commercial beekeepers, the MiteZapper offers an effective, economical, user-friendly and non-chemical solution to a serious pest problem.
Peopleahead (Carlos Larracilla & Tom Chevalier) is an online, professional network that uses proprietary matching software to deliver hard-to-find, pre-confirmed candidates to companies that are looking to hire great talent. Individuals on Peopleahead's network enjoy our unique team-based professional development platform, advanced career discovery tools and custom-matched career opportunities.
Ranksta (Christian Rubio), a Web 2.0 website, puts the control and trust in social networking by enabling consumers to maintain privacy by dictating how the world sees them online, build their own personal network, and obtain relevant reviews and feedback from that network without weeding through useless links and irrelevant ads. In doing so, Ranksta facilitates the process of building the world's most relevant, reliable, personalized user-built search engine.
Redcoat Dog Company (John Powell) is a dynamic leader in the delivery of quality products and advice in the dog industry. We are building a business in which high standards permeate all aspects of our company and are devoted to enhancing the customer buying experience for dog owners. By providing a place for dogs and owners to relax and enjoy a treat and a seat, as well as a place to pick up the highest quality, unique and useful products and advice, we strive to further enrich the lives of our customers.
StudySmart, Inc. (Rich Enos) is a rapidly growing educational services company that provides tutoring programs for families and schools. We work with students who are struggling with academics or standardized tests, and our mission is to help students achieve their educational goals. We're a multi-million dollar company with offices serving seven major U.S. cities, and we are currently planning a dramatic increase in the pace of our expansion. We have worked hard to develop a turnkey and scalable business model, and we believe we can be the national leader in tutoring.
Uptown Tails (Felicia Berg) meets the needs of individuals who demand the best for their pets. Promoting fashion and functionality, it sells the best products already available in the market and designs new products to meet the needs of the busy pup. Starting as a web-based company, it will include features designed to make shopping easy and user friendly, and simultaneously build a community for dog lovers.
Virtual Wine Butler (Raghav Sapra) creates communities of intelligent consumers. Virtual Wine Butler transforms the wine purchasing process from an intimidating one to an intuitive one using consumer-driven wine ratings and market education tools. The platform also allows consumers to purchase from online and offline retailers that provide the greatest value, and assists retailers with market research to intelligently approach consumers.
Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit http://www.babson.edu.
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