Category Archives: Student Life

Meet the UW Business Plan Competition Sweet 16

BPC Investment Round 2015
A sea of student teams and judges at the 2015 UW Business Plan Competition Investment Round

37 student-led startup teams from colleges and universities across Washington state gathered at the University of Washington HUB yesterday to compete in the 2015 Business Plan Competition Investment Round. For four hours, the teams pitched their entrepreneurial ideas to  250+ judges—many of whom said it was the most impressive group of teams in the history of the BPC— in the hopes of landing a spot in the next round of the competition. By the end of the afternoon the scores had been tallied and the sixteen top-scoring teams were announced. These teams will move on to the “Sweet Sixteen” round of the 2015 BPC—one step closer to winning the $25,000 Grand Prize. Congrats to the Sweet Sixteen!

The UW Business Plan Competition is presented by the Buerk Center for Entrepreneurship at the Foster School of Business.

Auctora
University of Washington

Auctora’s automated recruiting tool seamlessly screens, sorts, and schedules candidates so that corporate recruiters can utilize their time more effectively while sourcing job applicants. No dealing with paper resumes; no back-and-forth emails between recruiters and candidates – welcome to recruiting in the 21st century!

Authality
University of Washington

Authality’s first product, Klide, is the most secure and convenient smart lock, and the only smart lock that meets the demands of Airbnb hosts. Klide pairs a physical lock with a mobile app that allows hosts to distribute revocable “keys” to guests and control access remotely.

Benchmark Environmental
University of Washington and Washington State University

Benchmark Environmental is changing the way we treat storm water. By combining innovative design with new technologies, our treatment solutions are affordable, easy to install, and low maintenance. Benchmark Environmental’s products enable more companies and municipalities to treat storm water runoff effectively–a win-win for customers and the environment.

Bettery
University of Washington Tacoma

Bettery provides consumers with the most cost effective, convenient, and sustainable portable power solution on the market. Bettery taps a growing demand for sustainable solutions by offering batteries as a low cost subscription service.

Co Optical
Washington State University

Co Optical specializes in lifestyle management technologies, with a flagship product that revolutionizes diabetes management by continuously and non-invasively monitoring blood glucose. This wearable device, structured as a pair of glasses, improves convenience and enhances the overall user experience allowing seamless integration of lifestyle management strategies into the everyday lives of people with diabetes.

Empreva
University of Washington

Empreva aims to empower and engage women across the world to take their health into their own hands by providing a safe, convenient, and comfortable method for birth control and STI prevention.Empreva is developing birth control and combination birth control/anti-HIV products to benefit the health of women in high-HIV burden areas of the developing world who lack options for protection. For every purchase of an Empreva birth control product in the U.S., Empreva will donate one combination product to a woman in need in the developing world to help achieve sexual health and empowerment for women everywhere.

Go KEFI
Washington State University

Go KEFI is an experience-based travel website that helps you plan vacations based off desired experiences and budget. The team won first place at Spokane Startup Weekend 2014, and has since sparked a movement for a new way to travel.

Hook
University of Washington

Hook is a home automation hub that offers smart home capability to the price sensitive consumer. Customers are able to convert existing electronics in the home to smart compatible devices, keeping these products up-to-date for years to come. Consumers will enjoy convenience with control via their mobile devices, savings on energy costs, and improved home safety. With an affordable price and remarkable ease of use, Hook aims to make smart home technology accessible to the masses.

JikoPower
University of Washington

JikoPower makes thermo-electric generators to turn ordinary cook stoves into personal charging stations for off-grid households that have small electronic devices in the developing world. JikoPower POWERS devices, but it EMPOWERS people.

NOVA Technologies
Western Washington University and University of Washington

NOVA Technologies’ Smart Solar Window uses transparent nanotechnology to create clean, local electricity that can turn skyscrapers into giant solar arrays and reduce HVAC systems costs, an innovative link to a carbon neutral future.

Park A Lot
University of Washington

Park A Lot is a platform connecting private businesses who have unused parking spaces with customers looking for parking. Lot owners sign up on a hop-on, hop-off platform and their lots become available to the public, generating them revenue. Customers use Park A Lot’s website or app to purchase parking on a lot of their choice from their home or mobile device.

RainCity Heart Lab
Seattle University

Seventy percent of patients who have suffered a heart attack for the first time were previously classified as low risk for cardiovascular disease based on the current testing methods. RainCity Heart Lab (RCHL) is a specialty diagnostic lab that offers a better diagnostic test called CALLIS. CALLIS (Calibrated Lipoprotein Ion Separation) is a blood test for accurately quantifying intact lipoproteins for improved Cardio Vascular Disease risk assessment.

SmartyPants
University of Washington

SmartyPants reinvents toilet training and mitigates adult incontinence issues to prevent millions of diapers from ending up as a biohazard in landfills. It predicts impending bowel events and alerts users to get to a toilet. The company’s innovative, first-of-its-kind, technology creates value for the consumers by saving on diaper purchases and the environment by reducing waste and biohazard from disposable diapers.

vHAB
University of Washington

vHAB is a virtual rehabilitation platform that helps patients regain fine motor skills to lead autonomous lives again. vHAB enables occupational therapists to customize patient treatment and accurately monitor progress through engaging and dynamic video games. System portability and precision metrics pose a competitive advantage for rehabilitation facilities, allowing delivery of quality treatment to patients – anywhere, anytime. vHAB saves rehabilitation facilities time and money. Most importantly, vHAB empowers patients to reclaim their independence.

Vie Diagnostics
University of Washington

A significant portion of patients attending STD clinics fail to follow up for treatment, even when tests are positive and the risk for transmission and complication is highest. Vie Diagnostics’ disruptive molecular diagnostic technology will reduce the spread and pain of STD infections by allowing patients to be tested and treated in a single clinical visit. Its tests will provide better patient management, lower costs for clinics, and improve overall public health.

Yowgii
University of Washington

Yowgii has the potential to disrupt the bottled water industry and the water filtration industry. The global bottled water industry is worth over $157 billion a year, but is heavily comprised of plastic bottles with significant environmental footprint and potential for contaminants. Yowgii combines environmentally-friendly water delivery with innovative water purification to deliver the best drinking water to consumer and promises pure water for a better you!

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See what others have to say about the BPC on Twitter: #UWBPC2015

 

Foster “pays it forward” with over 1,500 volunteer hours

Guest post by Nella Kwan (BA 2017)

Foster's Week of ServiceAt the Foster School of Business, students are not only focused on excelling in their coursework and extracurricular activities, but are also using their skills and talents to give back to the community. Each year the Foster School hosts a Week of Service and encourages Foster student organizations to participate by hosting a philanthropic event for a charitable cause of their choosing. This year, our theme was “Pay It Forward” and the hard work and dedication of Foster student organizations resulted in over 1,500 volunteer hours devoted to aiding a variety of charitable causes and organizations throughout the community.

We would like to sincerely thank our generous sponsor, UPS, and everyone who participated to make a difference and make this year’s Week of Service our most successful one yet. We hope to continue the Week of Service for years to come and cannot wait to witness the amazing impact Foster students will continue to make on the community.

Below are highlights from this year’s service week.

American Marketing Association teamed up with Ad Club to fundraise for the Fight For Air Climb hosted by the American Lung Association. Their efforts allowed them to fundraise over $250 to the event.

Business Information Technology Society (BITS) organized a pizza fundraiser throughout the Week of Service, raising both funds and awareness for St. Jude Children’s Research Hospital, and donated over $300.

Beta Alpha Psi and Foster Finance Association volunteered at an Earthcorp event and helped remove invasive plants and blackberries around the community.

Business Leaders in Healthcare partnered up with Operations Supply Chain Management to create care packages to send to our troops.

Undergraduate Women in Business and Business Ethics Association co-hosted a Week of Service Mocktail Party that allowed attendees to not only mingle with fun drinks, but to also participate in an interactive workshop on cocktail party etiquette. Their proceeds were donated to support the YWCA Dress for Success Program.

Alpha Kappa Psi got together with Husky Sales Club, ALPFA, and UW Society for Human Resource Management to clean up The Ave.

Business Impact Group and Undergraduate Management Consulting Association took a trip to a local Boys & Girls Club to shed some knowledge about career opportunities.

Out for Business partnered with the Chicken Soup Brigade to help package nutritional meals for those dealing with chronic conditions and hunger.

AIESEC and CISB (Certificate of International Studies in Business) collaborated to collect item donations that were then donated to StandUp For Kids in order to help homeless youth in our community.

The Association of Black Business Students and National Association of Black Accountants volunteered at the Rainier Vista Boys & Girls Club and helped with organizing and cleaning up.

ASCEND and Asian Business Student Association passed out information and promoted UW Red Cross.

Start Up UW, Montlake Consulting Group, and Husky Traders hosted an event to promote VenturePolicitics, a startup focused on lobbying for immigration reform at the White House.

The very model of a modern mentor program

The Foster School launched its MBA Mentor Program in 1999 to offer students a broader and deeper understanding of business through regular meetings with business leaders from a wide array of companies and industries.

Though it’s a voluntary program, more than 250 full-time and evening MBAs each year take advantage of the golden opportunity to learn from one of 86 senior executives about careers, companies and industries, and to discuss the keys to effective leadership, overcoming challenges and finding long-term success.

The program has been so successful that director Susan Canfield regularly fields inquiries from the world’s top business schools—Harvard, Oxford, Stanford, Chicago, MIT, to name a few—when they are considering installing or improving their own mentoring programs.

Canfield attributes the Foster program’s exemplary status to six differentiating qualities:

Leadership – The Foster School leadership—including Dean Jim Jiambalvo and Assistant Dean Naomi Sanchez—is a strong supporter of the MBA Mentor Program, providing essential backing and resources.

Longevity – At 15 years, it’s one of the oldest continuously running MBA mentor programs in the country.

Innovation – Foster has been on the vanguard of trends such as group mentoring, speed mentoring, reverse mentoring and promoting mentoring networks.

Efficiency – Mentoring software facilitates the logistics of mentor-student matching and students who serve as lead contacts synch schedules and organize preparation for meetings.

Flexibility — Within the program structure is a great deal of latitude to adapt based on the needs and wishes of mentors and students.

Commitment – The program is powered by a potent renewable energy—senior executives who serve as mentors year after year. “Our mentors say they get more than they give,” Canfield says. “They enjoy hearing what’s on the minds of future business leaders, they like being asked the tough questions that help them reflect on their own career and decisions, they are energized by being around bright and eager minds, and they enjoy getting to know other mentors who share their same commitment. Foster is lucky to be in the midst of many generous alumni and a giving-back business community.”

Read more about how modern mentoring has evolved, and how you can get involved.

Checking in on YEOC: the November and December sessions

November Session: Marketing and Branding
The scene: After a morning of guest lectures on the topic of marketing, a new client enlists your teams’ services in developing a marketing strategy for their business…and they want you to present it by the end of the day. For the students in YEOC, this is the November 2014 session. Led by YEOC Mentor Skyler Rodriguez, students were divided into groups and tasked with coming up with a marketing strategy for a unique animal café. Having just attended a lesson in developing a marketing plan from YEOC Mentor Midori Ng as well as a guest lecture from Razorfish Strategy Associate Chike Ume, the students were all set for the task.

See photos from the session below:

YEOC Students

 

 

 

Checking in on YEOC: The November & Decemeber Sessions
 

YEOC students

 

 

 

 

YEOC students

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
December Session: International Experience
With YEOC passports in tow, students traveled from classroom to classroom, learning all about the different study abroad options that Foster has to offer. When the activity ended, they all gathered in Shansby Auditorium to hear from EY Dallas Managing Partner Advisory Thear Suzuki. During her time at the podium, Suzuki discussed international experiences and the importance of having a “global mindset.” After the keynote, students participated in a cultural showcase complete with discussions on current events in Ferguson, Missouri the All Students Count Act and international dances.

See photos from the session below:
YEOC Session

 

 

 

o	Grupo Folkorico Guadalajara

Polynesian Student Alliance

 

 

 

 

 

 

 

Jafra Dabke Team

 

 

 

 

 

 

 

 

 

This blog post is a part of a series focusing on monthly YEOC student activities. Visit the YEOC page to learn more about the program.

Happy Holidays from the Foster School

With the holiday season officially upon us, what better way to celebrate than with a Foster re-telling of a Dr. Seuss holiday classic? Be sure to follow along with the lyrics (posted below) and don’t miss the special cameo from our very own Dean Jiambalvo.

Every student at Foster liked business a lot…
There’s time for much study, but suddenly there’s NOT!
For Winter is Coming and with it vacation,
But first survive finals with much caffeination.
Supply and demand curves a theorem by Bayes,
Four P’s and five forces, they’re all in a daze;
Then everything’s done thus a change in the mood–
Time for skiing and sleeping and much gratitude…

…For PACCAR and Dempsey halls, and our dear mentors,
B of A and Eastside Executive Centers
Our holiday wish for a brand new “Mackenzie”
Is only because of the Foster growth frenzy.
Our grads go to work at the best places really
From Amazon to PATH to Starbucks to Zulily!
Oh the places we study, research, teach, and work
Cast out ghosts of Balmer with a satisfied smirk.

Heading out we may chance upon Pete Dukes, the Prof
For whose kindness and wisdom we all say, “hats off!”
There’s teaching award maven Jennifer Koski
And Sefcik, Accounting’s own Big Lebowski,
Look: Ed Rice, Frank Hodge and Deborah Glassman!
Plus Xiao-Ping… Dawn Matsumoto… Thaddeus Spratlen;
Foster faculty’s A-plus for research AND for teaching
So we shoot for the stars—and we’re not overreaching

Our business community’s vibrant indeed;
Our students? Work ready and all set to lead.
And they’ll LEAD! And they’ll LEAD! And they’ll LEAD
LEAD! LEAD! LEAD!
Yet there’s still something for their advancement they’ll need.
A text, if you will, of no small erudition
Available now in a new fifth edition
For business success is not mere intuition!

They’ll come back next month. We shall help them succeed.
Then they’ll read, and they’ll read, and they’ll read
READ! READ! READ!

If our rhyme’s turned out badly, we ask your forgiveness,
With warm holiday wishes from the Foster School of Business.

Study abroad photo contest winners 2014

Over 300 University of Washington Foster School of Business undergraduate and MBA students studied or interned abroad last year.  These photos and short descriptions are a small taste of the transformative educational experiences these students have each year.  The UW Global Business Center held a competition for the best student photos in two categories: Foster Abroad and My Global Lens.

Santos_Malaysia_FA

1st Place Foster Abroad: Hitchhiking in George Town

Experience abroad: Jeremy Santos, Foster School Exchange Program at the National University of Singapore.  Studying and living abroad gave me the opportunity to see, hear, and taste new things. The experience knocked me off my feet!”

Gardner_Prague_FA

2nd Place Foster Abroad: Dawg Pack in Prague - Our program contributed to the Lennon Wall in Prague by spray painting a W and showing our Husky spirit abroad.

Experience abroad: Jessica Gardner, UW CHID Program in Prague.  “I spent 10 weeks studying abroad in Prague and visiting surrounding areas learning about how different groups and countries learn about history and how this represents who they are today. I immersed myself in Eastern Europe culture and felt that I gained a greater appreciation for different cultures and discovered how I want my business career to be internationally focused.”

McCarthy_India_MGL

1st Place My Global Lens - The Last Potter: This man was the last potter in his village, as his only son pursued a different career. I love how his grin shows how proud he is of his work!

Experience abroad: Alexandra McCarthy, Foster School Exploration Seminar in India.  “Studying abroad in India was nothing short of amazing. I absolutely fell in love with the people and the culture. From their colorful clothing to breathtaking temples, India is by far one of the most beautiful countries I’ve been to.”

Beam_Spain_MGL

2nd Place My Global Lens – A Man and His Dog: It’s not every day that you get to wander through the mountains of Northern Spain. Even more rare is meeting this man who has lived in a stone hut in the mountains his whole life, swapping stories over the cheese he makes from the cows that roam nearby, using smiles to convey what my broken Spanish could not.

Experience abroad: Bonnie Beam, Foster School Exchange Program at the University of Navarra in Spain.  “My time abroad has been challenging, awkward, hilarious, embarrassing and most importantly, has opened my eyes to things I would have not seen otherwise. I have been humbled by how much I have to learn and am extremely grateful for every single person who has taken the time out to teach me something new; from teaching me a simple phrase to showing me how to play pádel to divulging the secret to making the perfect roscillas, I am a better person because of it all and I owe it to the lovely citizens of Pamplona. I have realized that I will never stop learning as long as I continue in humility and take advantage of every opportunity that comes my way.”

See all photos submitted for the contest. Judges included over 40 faculty and staff members. Learn more about MBA and undergraduate study abroad opportunities at the Foster School.

Student teams develop innovative solutions to increase profitability of the world’s largest festival

Photo of Winning Team
2014 Winning Team members Michelle Hara, Zach Bickel, Erica Cheng, and Crystal Wang with Larry Calkins of Holland America Line

Did you know that during the 16 day Munich Oktoberfest an average tent with 7,500 seats sells over 4 million euros worth of beer?

This weekend at the  2014 Holland America Line Global Case Competition, over 100 Foster School undergraduates grappled with how to increase the profitability and global reach of Oktoberfest, the world’s largest festival. The Global Business Center is pleased to announce that this year’s competition was a great success!

Teams played the role of outside consultants hired by the Munich Oktoberfest Organizing Committee to develop a strategy recommendation to increase profitability of Munich Oktoberfest. Teams spent 48 hours developing their background analysis, and on Saturday November 15th presented their recommendations to panels of community member judges. The top four teams were selected to move on to the final round.

After watching the final round teams present, the panel of six finalist judges determined a winner. This year’s deliberation was particularly challenging because each of the finalist teams had an insightful and innovative recommendation.

Team 2 members Zach Bickel, Erica Cheng, Michelle Hara, and Crystal Wang, were named the 2014 Holland America Line Global Case Competition Champion, and awarded $1,000. Their recommendation to increase profitability of Oktoberfest was to replicate the festival abroad, specifically in Munich’s Sister City, Sapporo, Japan. Their team determined through detailed analytics that a Sapporo Oktoberfest would prove successful due to existing infrastructure, socioeconomic factors and a strong cultural identity.

This year we had seven outstanding freshman teams participate in the ‘Freshman Direct Track’ of the competition, where only teams of Foster School freshman compete against one another. Judges were blown away by the extraordinary recommendations the freshman teams developed.  The title of Freshman Winning Team and an award of $500 was achieved by Christopher Cave, Carly Knight, Jennifer Louie, and Molly Mackinnon.  We are excited to see these students getting involved so early in their Foster careers!

The Holland America Line Global Case Competition is an introductory case competition and an exceptional learning experience for Foster School students. It provides an opportunity for students who have never competed in a case competition to ‘get their feet wet’. This year learning opportunities included a ‘how to approach a case competition’ training session, taught by Foster School faculty member Leta Beard, and a coaching round which provided teams the opportunity to get feedback on their presentation from business community and faculty coaches before presenting in front of the judges panel. Thank you to all of our volunteers who made the event possible!

Visit our website to find out more and learn how to get involved next year.

The Global Business Center would like to thank Holland America Line for their generous support of this unique educational event for Foster School of Business students. Holland America Line is a leader in the cruising industry and a longtime supporter of the Foster School of Business.

Liberal Arts Grad Finds Community at Business School

Meet Lisa Dahlby, MBA 2015

As an undergraduate, Lisa Dahlby majored in journalism and political science, but she had grown up in a family where business topics were discussed around the dinner table. She always knew she would pursue a career in business, so earning an MBA was a long-term goal. When the time came to go for a graduate degree, she decided to look for a part-time program that would allow her to stay actively involved in her career in advertising. The Foster Evening MBA offered not only a high-quality education, but a sense of community. She found professors welcoming and classmates supportive. Her experience at Foster has not only helped her broaden her knowledge of business and given her new skills to apply on the job, but also, she believes, has made her “a better citizen of the world.”

Watch other Evening MBA Faces of Foster videos.

Desire to lead and passion for sport drive future MBA

Meet Kevan Brown, MBA 2016

Earning an undergraduate degree in mechanical engineering was an important achievement for Kevan Brown, but he never planned to stop there. He sees pursuing an MBA at the Foster School as a way to develop business knowledge and skills and tap into Foster’s extensive alumni network, but also as a way to realize his potential as a leader. Outside the office and the classroom, Kevan has a passion for basketball. He’s using what he’s learning in the Evening MBA Program to pursue that passion through creating a recreational basketball league for working professionals. He’s building a business around something he loves while creating community and encouraging others to follow a healthy lifestyle.

Watch other Evening MBA Faces of Foster videos.

Undergrads trek to San Francisco to network with employers

Guest post by Zak Sheerazi, assistant director of career development, Undergraduate Career Services

On August 26 and 27, Foster Undergraduate Career Services took a group of students to San Francisco to visit seven companies. This group of Foster students consisted of finance/accounting majors  interested in working in the Bay Area after they graduate.

Each company visit entailed an overview of the company and provided students the opportunity to network with company representatives. During this two-day trek we also had a San Francisco alumni networking night. Roughly 60 Foster alumni from the San Francisco area met up to network with each other and our current students.

Amy Li, accounting/finance major, had this to say about her experience on the trek, “It was a great opportunity that enabled students to have direct interaction with employers and to learn about their jobs from different perspectives. Communication is an essential skill in career development, thus through this form of networking event, we not only explored the diverse career paths we could choose from but also had the chance to build and present our personal brand.”

We would like to send a special thanks to the employers who participated in the SF Trek: Deloitte, EY, KPMG, Piper Jaffray, Prudential Capital, PwC, and Vaquero Capital.

San Francisco Trek
Photos from the company visits and networking night on the San Francisco Trek.