EEVF awards LYBN students $50,000 in seed money

Middlesex Community College students enrolled in the Launch Your Business Now program, an innovative applied-entrepreneurship certificate program designed for students to start or grow a business, just wrapped up an intensive semester and had the opportunity to pitch for seed funding to the Everyday Entrepreneurs Venture Fund (EEVF). The EEVF committee gave out $50,000 in seed funding on May 16th at an awards ceremony in downtown Lowell.

lybn
Spring 2019’s Launch Your Business Now program students. From left to right: Jocelyn Pedraza of Lowell, Ani Vong of Lowell, Stephanie Quezada of Lawrence, Mitch Nesteruk of Andover, Professor Descoteaux, Professor Hargis, Romany Meas of Lowell, and Eric Sack of Lowell. Photo credit: Humanity Boutique of Lowell 

 

This slideshow requires JavaScript.

Students will use this seed funding for operations as they continue to grow their businesses over the course of 2019 and 2020. Students receiving funding will also be paired with 3 mentors who will check in with them throughout the first year of operation.

MCC’s 16-credit Launch Your Business Now certificate program was developed for entrepreneurs who have an idea for a business they want to launch – or scale up – within four to 12 months. “I’ve been able to gain confidence as the course progressed. I am now equipped with the proper knowledge, moving forward in my journey. I will continue to utilize my tool box with content I was able to learn from the curriculum.” said Jocelyn Pedraza, Spring 2019 program participant.

Students who complete the Launch Your Business Now coursework are encouraged to pitch their business idea to the funding committee of the EEVF, who can award seed money in the form of competitive grants (ranging from $1,000 to $20,000) to support student businesses and help start-ups get off the ground. EEVF is a committee of the MCC Foundation. 

The EEVF Funding Committee is comprised of MCC’s Foundation Board members and key administration and staff from MCC. Their continued efforts to support the Launch Your Business Now program are greatly appreciated. Additionally, we would like to give a BIG thank you to mentors who give their time and significantly impact the success of our students. Thank you! For more info on them, please click here.

 

This slideshow requires JavaScript.

everyoneFrom left to right: President Jim Mabry, Judy Mabry, Professor Hargis, Ani Vong of Lowell, Mitch Nesteruk of Andover, Professor Descoteaux, Jocelyn Pedraza of Lowell, Stephanie Quezada of Lawrence, Eric Sack of Lowell, Dean Judy Hogan, and MCC Foundation member David Basile. Photo credit: Romany Photography of Lowell

Grads

From left to right: Ani Vong of Lowell, Stephanie Quezada of Lawrence, Mitch Nesteruk of Andover, Jocelyn Pedraza of Lowell, and Eric Sack of Lowell. Photo credit: Romany Photography of Lowell

Download press release file here.

For more information about MCC student businesses, MCC’s new Launch Your Business Now Certificate Program, or the Everyday Entrepreneurs Venture Fund, visit: www.launchatmcc.com or contact Stacie Hargis at hargiss@middlesex.mass.edu.

Advertisements

VotEd – winners at UML Difference Maker Contest

Congratulations to VotED, the winning team from the Fall DifferenceMaker@MCC Idea Challenge who advanced to the DifferenceMaker at UMass Lowell contest on April 24th.

win

They thoroughly impressed the crowd and judges with their innovative idea of a nonpartisan, voter education app to assist busy people with their civic duty.

VotEd walked away with $4500 in funding under the Social Impact Award. They will work this summer at an UML Boot Camp to develop the idea. We are so excited for them and their entrepreneurial work!

present
Find out more about VotED here. 

Spring 2019 Student Businesses

For Intro to Entrepreneurship (BUS 130) class, students focus on actively going through the entrepreneurial process, from idea generation and opportunity evaluation to planning and launch of a business. Students partake in a 3-week long competition then pitch at the MCC Shark Tank. Students also donate their net-profit to the Lowell Boys and Girls Club.

In total, students this semester are donating $1,539.77

This brings our overall donations over the years to $10,722

OUTSTANDING!!!!

The students work so hard and really make MCC proud. Businesses included baked goods, jewelry, soap, chap stick, phone cases, and much more! Check out some of the awesome work they’ve done below.

This year we had 2 MCC Shark Tanks where students were able to pitch what they did – what kinds of marketing they pursued, what traction they had (revenue, customers, net profit, feedback, financials), and what they learned overall. At each contest, 3 winners were chosen. 
From left to right: Guest Judge Lianna Kushi from E for All; Guest Judge Gail Lucozzi, co-owner and operator for ASA Photographic; 2nd place winner Gabriel Veronese Nano of Be Great Journal; 1st place winner Richard Merrifield of Helping Hands Soap & Co.; 3rd place winner Olivia Donahue of Avenir Vert; Guest Judge Kristen McBride-Silva; and Guest Judge Business Dean Judy Hogan. From left to right: Guest Judge Franky Descoteaux from the Merrimack Valley Small Business Center; 3rd place winner Marleyna Mejia of Bake N Go; 1st place winner Ben Rivet of 3 on 3 Tournament; 2nd place winner Lilibeth Curiel of Butter Smooth; Guest Judge Kristen McBride-Silva; and Guest Judge Colleen Gordon from UMass Lowell.

Learn more about the businesses and their success below! Check full financial details here. 

Bedford:

Lowell:

Online:

 

MCC Students Receive $50k in Funding to Help Launch Businesses

Congratulations to 6 of our recent Launch Your Business Now students who received $50,000 in seed funding to launch and grow their businesses!

Winners!!!!.jpg

Middlesex Community College students enrolled in the Launch Your Business Now program, an innovative applied-entrepreneurship certificate program designed to encourage students to start or grow a business, just wrapped up an intensive semester and had the opportunity to pitch for seed funding to the Everyday Entrepreneurs Venture Fund (EEVF). The EEVF committee gave out $50,000 in seed funding on December 19 at an awards ceremony in downtown Lowell.

 

This slideshow requires JavaScript.

Student businesses invested in include:

  • $10,000 invested in Body Fuel Café, a nutritious snack and café concept founded by Jessica Salani of Burlington.
  • $10,000 invested in The Sweet Spot, a sustainable clothing, jewelry, gifts and home goods store in downtown Lowell founded by Hilary Clark of Lowell.
  • $9,000 invested in Beautiful Psalms, a spiritual gifts ecommerce company founded by Dali Diaz of Lowell.
  • $8,000 invested in Barber on the Run, a mobile barber service founded by Juan Cintron of Lowell.
  • $8,000 invested in Natural Journey’s, a natural and kinky hair boutique founded by Alison Njoroge of Lowell.
  • $5,000 invested in Good Wood Restoration, a restoration construction company founded by Dave Clark of Lowell.

Students will use this seed funding for operations as they continue to grow their businesses over the course of 2019. Students receiving funding will also be paired with 3 mentors who will check in with them throughout the first year of operation.

MCC’s new 16-credit Launch Your Business Now certificate program was developed for entrepreneurs who have an idea for a business they want to launch – or scale up – within four to 12 months. “Someone who is naturally entrepreneurial just wants to get started,” said Stacie Hargis, MCC’s Entrepreneurship Program Coordinator. “This is why we’ve designed the program to be completed in one intensive, action-oriented semester. It’s a great way for students to work solely on developing a business concept.”

Students who complete the Launch Your Business Now coursework are encouraged to pitch their business idea to the funding committee of the EEVF, who can award seed money in the form of competitive grants (ranging from $1,000 to $20,000) to support student businesses and help start-ups get off the ground.

MCC is looking for students who already have an idea for a small business, or are looking to grow a business that they have already started. Students will learn how to evaluate market opportunity, validate assumptions about their business, and set up all the systems required to launch a successful small business. This program is ideal for students with innovative and conventional business ideas, such as main street, community-based businesses like retail stores and food products, as well as consultants, bookkeepers, caterers, plumbers, yoga-studio operators or personal trainers.

For more information about MCC student businesses, MCC’s new Launch Your Business Now Certificate Program, or the Everyday Entrepreneurs Venture Fund, visit: www.launchatmcc.com or contact Stacie Hargis at hargiss@middlesex.mass.edu.

To register for MCC spring-semester courses, visit: https://www.middlesex.mass.edu/registration/ or call 1-800-818-3434.

It’s a fresh new year! Time to work on your business dreams.

Prepare.
Fund. 
Launch. 
Are you an everyday entrepreneur? 

Apply now for our Spring cohort in the Launch Your Business Now program. Classes start Jan 22nd and run Tuesday mornings from 9:30 am – 10:45 am and Thursdays from 6:00 pm – 8:45 pm. These classes give you the chance to pitch to the Everyday Entrepreneurs Venture Fund for seed money to get started or to grow!
Learn more at our website www.launchatmcc.com.

This program is financial aid eligible.

Timeline:

< Register for 3 classes by January 14th (BUS 211, BUS 218, and BUS 216)

< January 22 – May 9th Take courses that help prepare you to launch your grow your business within the next 4 – 12 months

< May – Prepare for you opportunity to pitch to the Everyday Entrepreneurs Venture Fund committee if you qualify

< Late May – Everyday Entrepreneurs Venture Fund committee makes decisions about seed money

< June – continued support from our LYBN program through the IDEA Center and if funded, through the Everyday Entrepreneurs Venture Fund program

 

DifferenceMakers make an impact!

Difference@MCC
The DifferenceMakers at MCC made a major splash at the IDEA Challenge Pitch Contest on Monday, Dec 3rd. Five teams competed to win the top prize of $1,000 to help turn their idea into a reality. The ideas were outstanding! The problems addressed included voter apathy, driver safety, treatment for seasonal affective disorder, treatment for sensory processing disorder, and innovative resources for students.

17 students from across disciplines competed on 5 teams.
Teams.jpg

1st place winners ($1,000 prize)
VotEd (Olivia Reposa, Michael Dignan, Gillian Inglis – Business)


2nd place winners ($500 prize)
Omni Sense (Christopher Bonaccolta, Brandon Laplante, and Stephen Gakuya – Mechancical Engineering)

3rd place winners ($300 prize)
HUSH (Ash Whiting, LAS and Katherine Schirpke – Business)

Congratulations!! We will keep you updated as things move along with their ideas.

Pictured below are winning teams with our judges.

Winners

A big thank you to our community Judges:

  • Jeanne L. Osborn, Marketing and Public Relations Manager at LifeLinks, Inc.
  • Colleen Gordon, Social Media Coordinator at University of Massachusetts Lowell
  • Peter J. Bagley, Managing Director at Commonwealth Leadership Institute

And our MCC Judges:

  • Phil Sisson, Provost
  • Judy Hogan, Dean of Business, Legal Studies, and Public Service
  • Michele Stein, Computing and Engineering Department Chair

Interested in learning more? Check out our DifferenceMaker@MCC Idea Challenge page here

Fall 2018 MCC Shark Tank

For Intro to Entrepreneurship (BUS 130) class, students focus on actively going through the entrepreneurial process, from idea generation and opportunity evaluation to planning and launch of a business. Students recently finished a 3-week long competition and pitched their businesses at our MCC Shark Tank.

Student businesses included t-shirts, car detailing, hair extensions, baked goods, handmade blankets, and more.

Check out some of the awesome work they’ve done!

Competition Results 

Students from 3 classes will be donating over $570 to the Boys & Girls Club of Lowell!

This brings our total donated to the community over the years to $9,182!

Here are our winners from the Online BUS 130 class:

1st place: Joe Foresteire
2nd place: Darcy Gervais
3rd place: Rene Harris
Honorable Mention: Logan Chou 

BUS 130 Fall 2018 Winners

A big thank you to our judges!

  • Ray Wrobel from Align Credit Union
  • Michael Breda from Salem Five Bank
  • Pete Bagley from Commonwealth Leadership Institute
  • John DeNyse from MCC’s Student Venture Fund and Business Major

One of the classes work:

totals

units soldtotal salestotal net profit 

Final Results – Fall 2018