Blog

The McCloskey Business Plan Competition - a Valuable Learning Experience

Amanda Miller is a member of the ESTEEM Class of 2014.

Around mid-August 2013, the McCloskey Business Plan Competition became a frequent topic of conversation among the ESTEEM students. Our class would talk about whether we were going to enter our thesis project, what other ideas we might enter, and who wanted to join what team. By mid-October, 16 of our 23-member class were busy working on the Round 1 Plans, with four students working on two teams. I worked on two teams – South Bend Student Housing with ESTEEM classmates, and Imani Health, my thesis project, with MBAs and a student who worked on the technology development.…

Pasteurs Quadrant: Research for the Common Good

Researchers are always on a search for new knowledge, but they may have different aims that lead them to choose different kinds of research questions. Donald E. Stokes’ book Pasteur’s Quadrant: Basic Science and Technological Innovation, published in 1997, describes four ways that the desire for fundamental understanding and the desire for commercial application can guide research.…

Entrepreneurial Speed Dating: Seven Teams Form on Startup Weekend

Shaylyn Sikorski led a team of ESTEEM students who organized the Startup Weekend.

Notre Dame’s third annual Startup Weekend, April 4-6, kicked off with a fun night of meeting new people and pitching new ideas.  Attendees had the opportunity to listen to Dennis Boyle, a Notre Dame grad and co-founder of IDEO, speak on design thinking and how to design products and create businesses to meet the customer’s needs.  We heard pitches from 18 people, and by the end of the night seven teams had formed to continue working throughout the weekend.…

What's the Difference Between a Not-for-Profit and a B-Corps?

In the ESTEEM Program we speak of being a Masters with a Mission – a mission to benefit the common good not just celebrate individual success.  As such we often speak about how businesses can incorporate – and how they can provide positive social impact for all.  Below is a reflection on two strategies and how both can serve as a benefit to the community.

ESTEEM Students Taking Idea from Concept to Commercialization

Daniel Collins, a native of Ireland with a physics degree from Trinity College in Dublin, dreamed up FitPetz last fall in order to participate in the Mendoza College of Business’s Ideas Challenge. Now the application, aimed at motivating children to more active play by linking it to their favorite videogames, is on the way to commercialization.…

ESTEEM Students Headed to McCloskey

Four members of the ESTEEM Class of 2014 are participating in the McCloskey Business Plan Competition that will be held at Notre Dame on April 10-12. Finn Pegler and Daniel Collins are presenting their project called FitPetz, Patrick Rice is on a team that is presenting NanDio, and Amanda Miller is on a team that is presenting Imani Health. The teams are among 12 that will present at the competition’s semifinals on April 10.…

The Rapidly Growing Field of International Entrepreneurship

Thousands of people from more than 150 countries attended the Global Entrepreneurship Congress (GEC) March 17-20 in Moscow, another sign that entrepreneurship is an international movement in an increasingly connected world.

“The summit continued the conversation about smarter policymaking started at last year’s GEC and explored topics such as Entrepreneurial City Leaders, Championing Legislation for Early Stage Capital and Moving Toward Evidence-Based Policymaking,” said Jonathan Ortmans, president of Global Entrepreneurship Week. “This year’s GEC marks the first time that the Global Entrepreneurship Research Network (GERN) convened. Announced during last October’s Global Entrepreneurship Summit in Kuala Lumpur, GERN was formed to fill the gaps in entrepreneurial research as we move towards having more robust discipline towards helping entrepreneurs.”…

Innovation Key to Economic Development

In 2007, the National Academy of Engineering, the National Academy of Science, and the Institute of Medicine agreed in Rising Above the Gathering Storm: “….the biggest concern is that our competitive advantage, our success in the global markets, our economic growth, and our standard of living all depend on maintaining a leading position in science, technology and innovation. As that lead shrinks, we risk losing the advantages on which our economy depends.” Innovation has become only more important as a result of the economic downturn since that observation.…

Class Holds First-Ever ESTEEM Formal

Ciaran Murphy is a current ESTEEM Student and Naughton Fellow hailing from County Cork, Ireland.  Ciaran was instrumental in planning and organizing not only the spring break trip to Silicon Valley but also the ESTEEM Formal held this past Saturday, March 29.  Here are his reflections on this historic event.

Student Spotlight: Hana Zeidenberg

For Hanako Zeidenberg, ESTEEM was the obvious next step. Zeidenberg, who worked in environmental consulting in California after graduating from UC-Davis with degrees in chemistry and biochemical engineering, had just completed a post-baccalaureate course at Tufts University when her husband accepted a faculty job in the Department of Chemistry at Notre Dame. ESTEEM offered an opportunity to complete her master’s in less than a year, with the breadth of courses that could accelerate her career.…

ESTEEM Leads the Way in Entrepreneurship & Innovation

Gregory P. Crawford is the William K. Warren Foundation Dean of the College of Science and a Professor of Physics at the University of Notre Dame.

The graduation of this year’s ESTEEM class will mark the fifth anniversary of the Engineering, Science & Technology Entrepreneurship Excellence Masters Program. ESTEEM developed as a collaboration among the Deans of the College of Science, the College of Engineering, and the Mendoza College of Business. The program has had a direct impact on 120 students that it has equipped to be leading-edge entrepreneurs. It has also had a significant impact on the accelerating entrepreneurial ecosystem at the University of Notre Dame.…

First to File: Patent Law Changes Affects Entrepreneurship

A change last year in U.S. patent law may lead entrepreneurs to file for patent protection earlier. Effective March 16, 2013, the first inventor to file gains the right to the U.S. patent. In the past, the first person to invent – demonstrated by lab notebooks or other historical evidence – had the right.…

ESTEEM Startup South Bend Student Housing Taking Off

Six members of the ESTEEM Class of 2014 went out to do an assignment aimed at building their survey-taking skills last summer. They came back with a new business to help University of Notre Dame graduate students find local off-campus housing – South Bend Student Housing, LLC.

After conducting some 100 interviews with students, landlords, and University officials revealed the need, the students figured they could come up with the solution, said Sean Liebscher, a member of the team with Conor Hanley, Nathan Higgins, Amanda Miller, Eric Tilley, and Keith Marrero.…

ESTEEM Class Plans 3rd Annual Notre Dame Startup Weekend

The third annual Notre Dame Startup Weekend is April 4-6 at Innovation Park at Notre Dame. Organizers hope to attract at least 100 people, including about 40 to pitch new ideas. The 54-hour event includes talks by entrepreneurship experts and idea development by teams formed by participants on the spot.…

Business Model Canvas: Game Changer?

The Business Model Canvas, a rigorous, systematic early-stage approach to start-up exploration, can change the equation for innovators by revealing areas of real potential – or not – before significant expenditures of time and money. On-the-ground interviews with potential customers and others move the knowledge base beyond the guesswork of other business plan projections, says ESTEEM Assistant Director Sunny Shah.…

Spring Break in the Valley: Day 5

Esteem student Keith J. Marrero Jr. is providing daily updates of the Class of 2014 Spring Break Trip to Silicon Valley.

Google Ventures

Although Thursday was the shortest full day in terms of time commitments for the ESTEEM class, it was definitely the busiest. We started at 8 a.m. with a tour of the Google campus, where former ESTEEM student Joe Livingston showed us the site’s copious amenities and gave us an inside perspective on what life is like while working at Google. He then led us to Google Ventures, which provides seed, venture, and growth-stage funding for budding companies. There, product partner Rick Klau told us more about GV and the 225 companies where it has invested thus far. Just last year, GV was involved in three IPOs and ten acquisitions and shows no signs of slowing down.

Spring Break in the Valley: Day 6

Esteem student Keith J. Marrero Jr. is providing daily updates of the Class of 2014 Spring Break Trip to Silicon Valley.

Friday morning brought us to SAP, which produces solutions for management and data analytics as well as cloud computing. Daniel T. Opine welcomed us and we listened to several speakers discuss SAP overall as well as SAP Ventures. Similar to Google, SAP has an entire business segment dedicated to investing in start-ups and helping them grow. We learned that SAP Ventures has invested in over 1,000 start-ups in 22 industries in 55 countries worldwide. This new segment also provides SAP with another window into innovation.…

Spring Break in the Valley: Day 4

Esteem student Keith J. Marrero Jr. is providing daily updates of the Class of 2014 Spring Break Trip to Silicon Valley.

Wednesday saw the ESTEEM class arise before dawn for a full day in the Valley. Our first stop was Buck's Woodside for breakfast at 7:30 a.m. Despite appearances, this eatery is a major player in start-up culture. At this restaurant, major funding agreements were made for companies like Tesla, PayPal, and Netscape, to name a few. We met the owner, who spoke about some of his more memorable experiences there – including one that involved a Russian spacesuit.