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Zell Lurie Institute Awards $106,300 to University of Michigan Students Through the Michigan Business Challenge and Dare to Dream Startup Grant Program

$27,000

ANN ARBOR, Mich. Feb. 22, 2011 University of Michigan Eugene Applebaum Dare $106,000

Award-winner MEMStim plans to sell MEMS electrode leads to medical device companies for integration into their targeted nerve stimulation devices. Ultimately, the company is committed to improving the standard of patient care in neurostimulation. The two MBA students and Doctorate student that form the company team will use the award money to quantify regulatory risks and further prototype development.  

Angelique Johnson

Michigan Business Challenge

The four-month, multi-round Michigan Business Challenge helps students to transform their business idea from a rough concept into a sound business plan.  Supported by training and shaped by invaluable feedback from judges at each phase, students are exposed to a rigorous business development "boot camp" that reinforces the notion that a solid business foundation is necessary to commercialize a great idea.

$54,300

  • Brio Device $1,200
  • IRIZ Technologies $700
  • MEMStim $20,000 $5,000 $2,000
  • Regenerate $10,000 $7,500
  • Reveal Design $2,000
  • SanoBio Therapeutics $2,500
  • STIgma Free $700
  • SurveyBroker $2,000
  • Thoosa $700

Dare to Dream Student Startup Grant Recipients

$500 $1,500 $10,000 $40,000 $52,000

$10,000

  • AYaH, LLC ($5,000)
  • STIgma Free ($5000)
  • ReGenerate $10,000
  • StrideSports $10,000

$1,500

  • Cap Hotels
  • Digital Maxim
  • eHealthX
  • GastroAnalytics
  • Giant Eel Productions
  • MEMStim
  • mobback
  • Rural East Organic Food Company China
  • Secure Healing
  • Survey Broker
  • VENA

$500

University of Michigan

Tom Kinnear Michigan

www.zli.bus.umich.edu

University of Michigan

$5M Eugene Applebaum www.zli.bus.umich.edu

SOURCE The Zell Lurie Institute

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