Tag: startups



WashU’s The Source profiles a few of the entrepreneurs and innovators who also happen to be graduating this month and three Olin students are among those featured. All of these students have launched businesses and developed innovative technologies that are improving human health, addressing global issues and helping investors achieve their goals.

We’ve been following these students since they arrived at Olin and chronicling their success here on the blog and in Olin Business Magazine. We can’t wait to see what they do next! Congratulations to all!!

Mary-Brent Brown

Mary Brent Brown (second from left), cuts the candy ribbon at the Bear-y Sweet Shoppe opening with co-founders: Jessica Landzberg, Kaiyley Dreyfus, and Shea Gouldd.

B.S. Healthcare management, Olin Business School

Co-founder, Bear-y Sweet Shoppe and Kids Wanna Help

Responding to pent-up student demand for gummy worms, Brown co-founded the South 40 candy store  Bear-y Sweet Shoppe with fellow Olin seniors Jessica Landzberg and Shea Gouldd, and Kailey Dreyfus, who graduated in 2016. Brown also is still active in Kids Wanna Help, the nonprofit she started at age 12 to promote fundraising among young people.

Markey Culver

Markey Culver teaches intro to baking bread class in Rwanda.

MBA, Olin Business School

Founder: The Women’s Bakery

Through her social enterprise, The Women’s Bakery, Culver has created economic opportunities for women in Rwanda and Tanzania by training them to build, operate, manage and sustain their own bakeries. Related blog post.

 

Andrew Glantz

Jacob Mohrman , BSBA’16, (left), and Andrew Glantz of GIftAMeal app were featured in Olin Business Magazine 2016.

B.A., Leadership and Strategic Management, Olin Business School

Founder & CEO: GiftAMeal

Glantz founded mobile app GiftAMeal in 2014 as a way to fight hunger and promote St. Louis restaurants. GiftAMeal has since expanded to Chicago and Detroit and has provided 50,000 meals to those in need. Users simply snap and post of photo of their meal, and GiftAMeal funds a meal through a partner food bank.

Read more Class Acts of 2017 here.

Guest Blogger: Diane Toroian Keaggy, WashU’s The Source

CATEGORY: Career, Student Life



Student startup, GiftAMeal, the mobile app that allows users to donate to local food pantries when they eat at partnering restaurants has expanded to a third city: Detroit.

“Foodies in Detroit can now get in on the GiftAMeal action at one of our six initial locations there,” said Jacob Mohrmann, BSBA’16, Chief Marketing Officer of GiftAMeal.  “Meals will be provided through Forgotten Harvest, an organization in Detroit that rescued, harvested and distributed 48.8 million pounds of food this past year.”

And Jacob shared more good news:

“We are also happy to announce that we have now provided over 50,000 meals (St. Louis, Chicago, and Detroit combined).  This is a huge step, but as Andrew [Glantz, BSBA’17] said in his interview with WGN TV,  ‘in terms of how big we want this to become, we want it to be, not in the thousands, but in the millions of meals donated.’ “

GiftAMeal is also featured on the cover of StreetWise Magazine in Chicago this month.

streetwise cover giftamealAccording to the article, GiftAMeal has partnered with “20 Chicago-area restaurants and Lakeview Pantry to provide meal donations locally.  Now, each time someone in Chicago uses GiftA-Meal, meals are provided to someone in the Chicago area through Lakeview. In less than a year, the app has been downloaded over 3,000 times in Chicago, and these users have been quick to rack up 10,000 meal donations on the app.”

 

 

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CATEGORY: News, Student Life



Entrepreneurship

Dreaming of a dorm room startup that will make you millions? Well, these Olin students did just that and a recent story on The Huffington Post singles them out among “5 Entrepreneurs Under 25 Who Are Succeeding With Traditional Companies.”

Jeff Copelan, serial entrepreneur, philanthropist and writer highlights companies started by Max Schoenfeld BSBA’15, CEO College Truckers and Jacob Goodman, BSBA’15, Co-founder College Truckers and Fresh Prints:

“[W]hat makes both College Truckers and Fresh Prints unique is their business models in which they build out each campus alongside a team of student entrepreneurs. The students are granted sweat equity, given enormous responsibility over the day-to-day management of the company and spend 3 years of their college career building something real on their campus. Then, once they graduate, they sell their shares to a freshman or sophomores who take the reins and continue building what the founding team started.

In other words not only have Max and Jacob managed to build successful companies, but they are starting a movement in changing the way entrepreneurship is taught and learned on college campuses nationwide.”

Link to HuffPo article.

college truckers logo

freshprints-logo3-300x199

CATEGORY: Career



ITEN, the IT Entrepreneur Network, has been a catalyst of the St. Louis region’s IT startup ecosystem since its founding in 2008. ITEN cultivates startups from the idea stage to successful business platforms. ITEN’s success in developing startups has long been rooted in mentorship: successful entrepreneurs and business people have played a role in guiding new companies through their early stages. The mentorship process has been successful in sprouting a network of interconnected entrepreneurs and resources. With the focus on keeping talented entrepreneurs in the St. Louis area, ITEN offers long-term engagement with the entrepreneur which includes numerous opportunities for education and personal growth.

Our team has met with Francis Chmelir, the executive director of ITEN, to discuss how to best move ITEN forward in a changing technological environment.

iten_logo-copyThe fundamental goals of ITEN remain intact from its initiation: connect talented entrepreneurs with each other and with mentors; educate entrepreneurs in how to best navigate early-stage business; and facilitate entrepreneurs’ relationship with St. Louis in a way that incentivizes talent to stay local.

Our team’s plan of attack will cover three general areas; together we will address ITEN’s current concerns and ensure ITEN’s continued success in the St. Louis startup ecosystem.

  • First, we will investigate ITEN’s corporate engagement initiative. In doing this, we will assess the availability of specific partnerships that ITEN can tap into, along with participation incentives for both entrepreneurs and mentors.
  • Next, we will assess the potential for local collaboration on data management and administration. Ideally, we would like to figure out a way to streamline all of St. Louis startup data to facilitate collaboration between groups.
  • Lastly, we will perform a high-level analysis of ecosystems in other similarly-situated cities. We hope to learn from the ITENs of other cities to inform our path forward to assist ITEN as best we can.

We look forward to working closely with Francis throughout the semester and uncovering ways ITEN can continue to reach its full potential in St. Louis!

Our CELect team includes: Danny Kraus (JD ‘17), Andrew Polansky (JD/MBA ‘18), Alana Siegel (JD/MBA ‘17), and Michael Washington (JD ‘ 18).




Radhika Ghai Aggarwal, MBA 2002, Chief Business Officer and Co-founder, Shopclues, is featured as one of five “women-led startups smashing the glass ceiling in India,” in a column by Suparna Dutt D’Cunha, a contributor to Forbes.

“She’s the first Indian woman to break into the unicorn club. Valued at over $1 billion, Shopclues is one of India’s home-grown e-commerce stars. Started in 2011, along with Sanjay Sethi (CEO), ShopClues becomes the ninth startup to join India’s unicorn club by raising about $150 million from Singapore government’s GIC and its existing investors Tiger Global and Nexus Venture Partners last year. What started with a team of 10 is now a 1,000-strong organisation.

“Prior to starting Shopclues, Aggarwal, a management graduate from Washington University, worked for diverse sectors including retail, e-commerce, fashion and lifestyle with companies such as Nordstrom and Goldman Sachs in the U.S. She looks after branding, marketing, acquisitions, sales, hiring and product mix at ShopClues.

“There has never has been a better time than now to do any kind of business in India,” said Aggarwal. The e-tailer has about 350,000 small and medium sellers on the platform, and 14 million registered users.

“But, do people still stereotype the woman entrepreneur? ‘It’s not as much about stereotyping. The challenges are the same in entrepreneurship, man or woman. The only challenge is that because there are so few of us, people end up asking questions like, ‘How do you ensure work-life balance?’ You need a support system at home and work as your responsibilities grow.'”

Link to Forbes article.

CATEGORY: Career, Global