Posts Tagged ‘Levy-Rosenblum Institute’
Wednesday, January 21st, 2015
College entrepreneurs have less than two weeks to enter the 15th annual Tulane Business Model Competition for a chance to win more than $25,000 in cash and prizes for promising startup ventures.
Jan. 30 is the deadline to apply for the 2015 Tulane Business Model Competition, which will award $25,000 to a promising startup venture. (Photo by Cheryl Gerber)
The contest, which is hosted by the A. B. Freeman School of Business and the Tulane Entrepreneurs Association, seeks early-stage ventures that demonstrate a market-tested ability to adapt to customers’ needs. It is open to any team led by at least two or more students enrolled in a college or university. To enter, teams must submit a company description and other details by 11:59 p.m., Jan. 30 at: http://tulane2015.istart.org/.
“The Tulane Business Model Competition is a way for Tulane University to recognize and foster high-potential ventures that have demonstrated the ability to test their assumptions in the field and then pivot based on that market feedback,” said Lina Alfieri Stern, director of operations with the Levy-Rosenblum Institute for Entrepreneurship.
Tulane will select six semi-finalists who will get to pitch, receive mentoring and network with a variety of “Lean Startup” experts on Monday, March 23, during New Orleans Entrepreneur Week. Lean Startup is a business development model created by entrepreneur and author Eric Ries. The three finalists selected by judges will then present their business models at Tulane University on Thursday, April 16.
Formerly known as the Tulane Business Plan Competition, the contest was reorganized last year to emphasize the importance of validating a business model through field research. The contest rewards ventures for breaking down their idea into a key business model hypotheses; testing their assumptions with customers; applying Customer Development / Lean Startup principles to make sure they nail the solution; and changing until they have a customer-validated business model.
For more information, visit LRI.Tulane.edu/competition.php.
Monday, November 24th, 2014
Have an idea to solve a social problem in New Orleans? Enter the 2015 PitchNOLA competition and you could win $10,000 to help turn your idea into a reality.
PitchNOLA entrants can win up to $10,000 to help bring their social change ideas to market.
PitchNOLA: Community Solutions is a live “elevator pitch” competition that offers community members a platform to pitch their solutions to pressing local problems. Presented by the A. B. Freeman School of Business, Tulane’s Center for Engaged Learning & Teaching and Propeller: A Force for Social Innovation, the competition seeks ideas that support children and families, the environment, workforce development, and economic security. A lengthy business plan isn’t required to enter. Applicants should be startup-stage ventures that have generated less than $50,000 in sales or grant funding in the previous calendar year.
This year’s competition will take place on Jan. 28, 2015, at Tulane University. Selected semifinalists will pitch their ideas in front of a live audience and a panel of celebrity judges, including Matt Flannery, founder of Kiva and Puddle, and Leslie Jacobs, CEO of the New Orleans Startup Fund and founder of PowerMoves NOLA. The grand prize winner will receive $10,000 to help bring his or her venture to market as well as pro bono technical assistance and consulting services from Propeller, which provides support for New Orleans-based social entrepreneurship ventures. In addition to the grand prize, an Audience Favorite Award, voted by audience members, will also be presented.
In its six year history, PitchNOLA has built an impressive record for helping to get high-impact social change ventures to the next level. Last year’s winner, Crescent City Connections, has since recruited 1,200 volunteers, facilitated contribution of over $155,000 in labor to worthwhile causes, and was named one of the top businesses to watch in 2014 by New Orleans Magazine. The Justice and Accountability Center, which earned first-place honors in 2012, has provided expungements to over 1,000 individuals previously incarcerated for non-violent crimes, significantly helping to reduce recidivism.
The contest is open to individuals or teams based in the greater New Orleans area and the deadline for applications is Dec. 19, 2014. For more information about the competition and to apply online, visit GoPropeller.org.
Monday, March 24th, 2014
Eight semifinalists will be pitching live in the completely revamped Tulane Business Model Competition during New Orleans Entrepreneur Week (NOEW), the sixth annual premier showcase event for the local entrepreneurial ecosystem.
The pitches will take place in Gallier Hall Ballroom 3A on Tuesday, March 25, at 1:30 p.m. The event is free and registration is available at the door for attendees who arrive at 1 p.m.
The 2014 Tulane Business Model Competition will award $25,000 to the early-stage venture demonstrating the best customer-tested business model.
The top three pitches will be awarded $2,000 and granted access to the final round pitches on April 11th at Tulane University and a chance to win $25,000 and enter the International Business Model Competition as a semifinalist.
Semifinalists include: ComeFail, CCC, Fleur de Latkes, InVision Biomedical, Million Dollar Scholar, Threadix, Tympanogen, and US Fresh Cane.
The competition was completely redesigned to better reward the practical aspects of what make startups successful – the ability to rapidly adapt to customers’ needs. Judges will be examining each company and how they have been able to prove customer validation and adapt to the process of creating a business model.
Judges include: Charles Allen (UC ’92), President/Managing Director, Riptide Investments; Wally Boston (MBA ’78), President and CEO of American Public University System (APUS); Larry Connelly (MBA ’82), Former CEO, Connolly LLC; Pierce Marshall (BSM ’90), President and CEO, Élevage Capital Management, LLC; Ti Martin (MBA ’84), co-proprietor of the Commander’s Family of Restaurants, co-founder and board chairman of the New Orleans Culinary & Hospitality Institute; Andy Mills (BSM ’83) – President, Medline Industries; and Matt Schwartz (BSM ’99), Principal and Founder, The Domain Companies.
Drew Mouton (BS ’94, MBA ’12) former CEO of Carrollton Group, Founder/Managing Director of Caerus Management will be the Master of Ceremony.
Tulane Entrepreneurs Association (TEA) President Adrian Mendez said the organization is excited to have so many students involved in NOEW. “We excited to have such access to and participation in the nationally recognized entrepreneur week. We’re eager to continue building upon the entrepreneurial movement across the region.”
Through the competition, the Tulane IDEAcorps team and many attendees having ties to Tulane, the university has become an integral part of NOEW. “We are thrilled that Tulane is hosting one of their major Entrepreneurship events during NOEW 2014. We have a long-standing partnership with the University and are excited to see Tulane driving Entrepreneurship initiatives, both on campus, and throughout broader New Orleans community,” said managing director of The Idea Village Emily Madero.
“The competition has always been a flagship event that supports local–now regional– entrepreneurs and programs,” Mendez continued. “As the program grows, we hope to continue to motivate and inspire students to be on the forefront of entrepreneurial activity with the resources we provide.”
Follow along with the Business Model Competition on Facebook at facebook.com/tulanebusinessmodelcompetition and on Twitter at twitter.com/tulanebmc. TEA can be found at facebook.com/TulaneTEA. More information is available at tulane2014.istart.org.
Thursday, March 20th, 2014
Tulane University’s A. B. Freeman School of Business will honor restaurateur Ti Martin (MBA ’84) as Tulane Distinguished Entrepreneur of the Year and philanthropists Dana (N ’80, L ’84) and Stanley (BSM ’80) Day as Tulane Outstanding Social Entrepreneurs of the Year at the 2014 Tulane Council of Entrepreneurs Award Gala. The ceremony will take place on Friday, April 11, at the Westin New Orleans Canal Place.
The Freeman School’s Levy-Rosenblum Institute for Entrepreneurship presents the awards each year to highlight outstanding entrepreneurs in the community. The Tulane Distinguished Entrepreneur of Year Award honors individuals who combine entrepreneurial success with philanthropic generosity and service to the community. The Tulane Outstanding Social Entrepreneur of the Year Award recognizes individuals dedicated to solving social problems and improving the community through the use of entrepreneurial principles. Tulane President Scott Cowen and Freeman School Dean Ira Solomon will present the awards.
Martin is co-proprietor of the Commander’s Family of Restaurants, which includes Commander’s Palace, Café Adelaide and SoBou in New Orleans and Brennan’s of Houston. Martin is also co-founder and board chairman of the New Orleans Culinary & Hospitality Institute, which is currently developing a culinary and hospitality school in partnership with Tulane, Delgado and the University of New Orleans. In February, NOCHI was selected to redevelop the former Louisiana Artworks building, which will serve as the institute’s home. A longtime champion of business and civic causes in New Orleans, Martin has served on the boards of GNO Inc., the Bureau of Governmental Research, the Idea Village, the Young Leadership Council, the New Orleans Hospitality Strategic Task Force and the New Orleans Business Council. Martin was also a co-founder of the New Orleans “Proud to Call it Home” campaign.
Dana and Stan Day began supporting Tulane University personally after Katrina and expanded their role when their NewDay Foundation began supporting social entrepreneurship initiatives at Tulane in 2009. Through the foundation, the Days have sponsored programs including the NewDay Social Venture Challenge, the NewDay Social Entrepreneurship Distinguished Speakers Series and the NewDay Professor of Social Entrepreneurship. Dana Day is a member of the Board of Tulane and Stan Day serves on the President’s Council.
“The name Ti Martin is synonymous with the hospitality industry in New Orleans, and Dana and Stan Day are among the very biggest supporters of social entrepreneurship and innovation at Tulane University,” said Dean Ira Solomon. “We’re delighted to be able to recognize Ti and Dana and Stan as our 2014 Entrepreneurs of the Year.”
For more information about the Entrepreneurs of the Year and the Tulane Council of Entrepreneurs Awards Gala, contact Lina Alfieri Stern at 504-865-5455 or Lina.AlfieriStern@tulane.edu.
Friday, February 28th, 2014
The Tulane Entrepreneurs Association (TEA) has announced eight semi-finalists for the group’s newly revamped Tulane Business Model Competition.
The 2014 Tulane Business Model Competition will award $35,000 to startup ventures with consumer-tested business ideas.
After a 13-year-run, the contest was redesigned to better reward the practical aspects of what make startups successful – the ability to rapidly adapt to customers’ needs. It offers a $25,000 grand prize and $10,000 for the runner-up.
“From food carts and hospitality ventures to educational technology and biomedical devices, our eight finalists truly represent a cross-section of the New Orleans startup scene,” says Ralph Maurer, executive director of the Levy-Rosenblum Institute for Entrepreneurship. “I’m looking forward to seeing how these talented young entrepreneurs hone their business models in preparation for the final competition on April 11.”
The semi-finalists are:
• ComeFail, a space for college students to fail safely and a platform for supportive learning and exploration.
• CCC, a venture that offers customized volunteer and hospitality experiences for customers so that they can easily enjoy, learn, and support New Orleans like never before.
• Fleur de Latkes, a new food cart and catering business in uptown New Orleans that specializes in bringing a modern take on your “bubbe’s” Jewish cooking down to NOLA.
• InVision Biomedical, a firm that takes existing innovative procedures and implements novel medical devices, expanding patient safety and hospital cost efficiency.
• Million Dollar Scholar, an education technology and services venture that addresses higher education affordability by providing students with an online platform to learn how to become successful in the scholarship application process
• Threadix, an event management and data analytics company utilizing the latest technological innovations in near field communication to allow advertisers and event organizers new methods to expand branding opportunities.
• Tympanogen, a firm commercializing a gel patch developed at Tulane University, called Perf-Fix™, for non-surgical repair of chronic tympanic membrane perforations.
• US Fresh Cane, a sugar cane drink company that provides consumers an alternate and natural drink that can improve their health and fitness levels.
Semi-finalists receive $1,000 each and get to pitch, receive mentoring and network with a variety of lean startup experts on Tuesday, March 25, during New Orleans Entrepreneur Week, the sixth annual premier showcase event for the local entrepreneurial ecosystem. Ultimately, three finalists will present their business models at Tulane University on Friday, April 11, 2014.
Tulane is now taking after the International Business Model Competition, a contest that wants ventures to prove customer validation and adapt to the process of creating a business model. Instead of intensive library research, student entrepreneurs will get out in the field and prove their assumptions.
TEA President Adrian Mendez believes the competition provides a deeper learning opportunity and a more guided process for those interested in launching and running a company. “Essentially what we’re doing is creating an evolution of what has been established at Tulane, allowing for students to quickly prototype and execute ideas instead of just participating in a one time pitch.”
“The competition has always been a flagship event that supports local–now regional– entrepreneurs and programs,” Mendez says. “As the program grows, we hope to continue to motivate and inspire students to be on the forefront of entrepreneurial activity with the resources we provide.”
Follow the Tulane Business Model Competition on Facebook at facebook.com/tulanebusinessmodelcompetition and on Twitter at twitter.com/tulanebmc.
Monday, November 11th, 2013
From HBR.org, Nov. 8, 2013:
Ralph Maurer, professor of practice and interim executive director of the Levy-Rosenblum Institute for Entrepreneurship, co-authored an article for the HBR Blog Network about how Tulane School of Medicine is embracing disruptive innovation to deal with some of the challenges currently facing academic medicine. The article was written in collaboration with Benjamin P. Sachs, senior vice president and dean emeritus of Tulane School of Medicine, Marc J. Kahn, senior associate dean of Tulane School of Medicine, and Steven A. Wartman, president and CEO of the Association of Academic Health Centers.
One solution to this problem is moving the majority of primary and secondary healthcare delivery into the community. After Hurricane Katrina, Tulane partnered with a network of Federally Qualified Health Centers in order to provide services to low and middle-income patients in community-based clinics designated as medical homes. These not only provide less expensive care, but also provide the kind of experiential learning necessary to teach expertise to trainees.
To read the article in its entirety, visit HBR.org.
Friday, December 14th, 2012
John Elstrott, Ralph Maurer and Lina Alfieri Stern, the leadership team behind the Freeman School’s Levy-Rosenblum Institute for Entrepreneurship, are among the local movers and shakers to make the 2012 Silicon Bayou 100.
The staff of the Freeman School’s Levy-Rosenblum Institute for Entrepreneurship. From left to right, Lina Alfieri Stern, John Elstrott, Terry McGuckin, Ralph Maurer and Rosalind Butler.
Silicon Bayou News, a website dedicated to covering the state’s rapidly growing startup scene, selects the Silicon Bayou 100 each year to recognize the most active and influential people in technology and entrepreneurship in Louisiana. This year’s honorees were announced on Dec. 12 at a release party at Eiffel Society in New Orleans.
Elstrott is emeritus executive director of the Levy-Rosenblum Institute (LRI), the center he founded in 1991 to coordinate entrepreneurship programs and initiatives at the Freeman School. Under Elstrott’s guidance, the Freeman School has consistently ranked among the top graduate programs in the nation for entrepreneurship. Prior to his retirement in July 2012, Elstrott provided instruction, mentorship and advice to hundreds of entrepreneurs and prospective entrepreneurs over the course of a 25-year career at the Freeman School. As emeritus executive director, Elstrott remains involved with the institute as a consultant and fundraiser, and he continues to teach entrepreneurship courses at the Freeman School.
Maurer is executive director of the Levy-Rosenblum Institute, and he also serves as executive director of the Tulane Family Business Center, a program of LRI. A professor of practice in the area of strategy & entrepreneurship, Maurer focuses his teaching and research on innovation and strategy in highly dynamic markets, with an emphasis on both technology and the cultural industries. His work and consulting experience includes time with Apple, Daimler-Benz, Chrysler, Deluxe and multiple internet startups. In addition to his role at the Freeman School, Maurer serves as a consultant with EMH Strategy in New Orleans.
Alfieri Stern has been with the Levy-Ronsenblum Institute since its founding, and she has served as director of the institute since 2008. In that role, she plans and implements projects relating to entrepreneurial studies, urban economic development and social entrepreneurship. In addition, she places and mentors volunteer students in consulting projects for disadvantaged businesses and not-for-profit organizations. As staff adviser to the Tulane Entrepreneurs Association, Alfieri Stern also plays a major role in organizing the annual Tulane Business Plan Competition and the Domain Cos. New Orleans Entrepreneur Challenge, which each year award more than $70,000 in cash and prizes to promising startup ventures.
Tulane University was well represented on this year’s Silicon Bayou 100. In addition to Elstrott, Maurer and Alfieri Stern, the list features dozens of entrepreneurs, mentors, investors, organizers and services providers with Tulane connections.
“It’s an honor to be recognized as a leader in your field, but I think what’s even more impressive is the tremendous diversity of talent highlighted on the list,” says Maurer. “It’s been exciting to work with many of the people on the list over the last couple of years, and John, Lina and I look forward to working with them in the future to make the Freeman School an even bigger part of the New Orleans entrepreneurial community.”
For more information about the 2012 Silicon Bayou 100, visit Silicon Bayou News.