Zell Lurie Institute for Entrepreneurship

This past Friday, I competed in the Michigan Business Challenge to raise pre-seed funding for my startup, Remedy. Pitching alongside me were Olivia H. and Evelyn Chao, our amazing recent additions to the team. Over the course of the last few months, Remedy has made incredible progress! Here’s what we’ve been up to: - Tested product-market fit with a 150-person survey (success!) - Developed a fundraising and marketing strategy in preparation for product release - Engineering the AI model and minimum viable product — huge shoutout to Kenji and Keizou Wang! We’re proud to have raised a small seed round of $2,000 as finalists in MBC and winners of the Elevator Pitch Competition. As the youngest team in Finals, we're ecstatic about what we've accomplished and excited for what's ahead. So grateful for the opportunity from the Zell Lurie Institute for Entrepreneurship – here’s to the next chapter! ??

Detroit is a promising environment for future entrepreneurs, and our Zell Entrepreneurs got the inside scoop on what success looks like directly from Detroit business owners. Zell Entrepreneurs is an elite year-long program that provides tailored support to help students launch a new venture or acquire and lead an existing company. To learn more about applying to become a Zell Entrepreneur Program, sign up here: https://lnkd.in/e3Ufk5gh

Congratulations to the University of Michigan - Stephen M. Ross School of Business MBA team for winning First Place at the VCIC (Venture Capital Investment Competition) Regional Finals hosted by Texas McCombs School of Business! Rebecca M., Ariana Vespa, Shivali Rao, Dillon Rich, and John Daniel represented the University of Michigan - Stephen M. Ross School of Business at this highly competitive event...and they earned their spot to compete in the VCIC Global Finals in April! Thank you to the team, judges, the Texas McCombs School of Business organizers, Tom Denys, Michael Johnson, and to Patrick Vernon! Go Blue!!! Zell Lurie Institute for Entrepreneurship

?? Congratulations to @PithFinance! Ed Mamou Jeanette Anesi-Brombach and Jaidev K. reaching the Final round of the Michigan Business Challenge Siegle Impact Track with their business idea of Empowering Legal Immigrants with Financial Wellness. Competing against 60+ teams for $100,000 in cash prizes through multiple rounds, we have shown remarkable dedication and innovation. Winning a $1500 cash prize is just the beginning. The real achievement lies in reaching the finals with an idea in such a nascent state. This success underscores the potential and impact of our vision. However, the journey continues. Launching a truly impactful solution requires perseverance, dedication, and time. With ongoing efforts and collaborative spirit, we are well on our way to making a significant difference. Together, we can turn this vision into a reality. #Innovation #Entrepreneurship #FinancialEmpowerment #EMBA31 #goblue University of Michigan University of Michigan - Stephen M. Ross School of Business Zell Lurie Institute for Entrepreneurship

It’s that time of year! I’m excited to congratulate the 2025 Michigan Business Challenge Finalist teams who competed on Friday: Ark Health, CCVR, Extrinsic Immunity Therapeutics, goTeff Superfoods, Intero Biosystems, ISBA, MaizeTix, Milieu Inc., PithFinance, Remedy, Thurm, and Wave RF. These teams put a tremendous amount of time and effort in preparing their deliverables and presentations, and as usual, our judges did an excellent job evaluating them! After five rounds of competition across four months, here are the 2025 MBC award results: Milieu - Pryor-Hale First Place Award Innovation Track, $15,000; OneMagnify Best in Business, $5,000; Sillman Undergraduate Award, $5,000. Intero Biosystems - Pryor-Hale First Place Award Invention Track, $15,000; Williamson Award, $5,000; Michigan Investment Challenge Committee Award $2,000. goTeff - Seigle Impact Track First Place, $15,000. Ark Health - Innovation Track Second Place, $7,500; Pinkert Healthcare Award $5,000. ISBA - Seigle Impact Track Second Place, $7,500; Showcase Award $500. Extrinsic Immunity - Invention Track Second Place, $7,500. Thurm - Finalist, Invention Track, $1,500; Showcase Award $500; Elevator Pitch Award $500. MaizeTix - Finalist, Innovation Track, $1,500; Elevator Pitch Award $500. Remedy - Finalist, Seigle Impact Track $1,500; Elevator Pitch Award $500. CCVR - Finalist, Innovation Track $1,500. PithFinance - Finalist, Seigle Impact Track $1,500. Wave RF - Finalist, Invention Track $1,500. Congratulations to all our 2025 MBC Finalists - the entire team at Zell Lurie Institute for Entrepreneurship is proud of you!

??Congratulations to Intero Biosystems, winner of the Michigan Business Challenge Invention Award??. Intero Biosystems???? is challenging the way the scientists go about drug development?? helping to avoid reliance and use of animal models and so much more. Madeline Eiken and Don Sobell The Michigan Business Challenge is a multi-round competition where student teams present their business ideas and compete for over $100,000 in cash prizes, receive valuable feedback from business leaders, and expand their professional network. Learn more: https://lnkd.in/gxdgv9sj #UniversityofMichigan #invention #founder #invest #startuplife #UMMBC25 #MBC #CEO #entrepreneurship

??Congratulations to Milieu Inc., winner of the Michigan Business Challenge Innovation Award??. They are changing the game with personalized skincare through science-backed??, high quality??, educational??, personal??, and natural products??.? Nathan Shatz, Ronil Chaudhary, and Aarav Shah The Michigan Business Challenge is a multi-round competition where student teams present their business ideas and compete for over $100,000 in cash prizes, receive valuable feedback from business leaders, and expand their professional network. Learn more: https://lnkd.in/gxdgv9sj #UMMBC25 #MBC #studentlife #studentstartup #ZellLurie #innovation #futureleaders #venture #MichiganRoss

??Congratulations to goTeff Superfoods, winner of the Michigan Business Challenge Seigle Impact Award??. This brand is opening doors for ethically-sourced food and snacks with this “quinoa, but better” superfood solution??. Saron Mechale The Michigan Business Challenge is a multi-round competition where student teams present their business ideas and compete for over $100,000 in cash prizes, receive valuable feedback from business leaders, and expand their professional network. Learn more: https://lnkd.in/gxdgv9sj #UMMBC25 #MBC #businessplan #competition #UMich #startup #goblue #impact #studententrepreneur

ZAM! connects alumni entrepreneurs in small groups, providing a transformative opportunity to accelerate growth and success. Want to join? Learn how to apply here: https://lnkd.in/gzAFqThM