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Press Releases -
2005 Archive
University of Maryland's Business School
Expands Capital Access Network
Deloitte &
Touche, Silicon Valley Bank and Maryland
Department of Business and Economic Development
Join School-sponsored Network Assisting
Regional Start-ups
College Park, Md. -- October 5, 2005
-- The University of Maryland's Robert
H. Smith School of Business today announced
that the school's Dingman Center for Entrepreneurship
has expanded its Capital Access Network
(CAN), a program that facilitates funding
relationships between angel investors and
regional start-ups. New developments include:
- Deloitte & Touche and Silicon Valley
Bank have joined CAN as sponsors to
provide participating entrepreneurs
access to seed- and early stage capital
- Beginning this year, Charles O.
Heller senior managing director of Beacon
Global Private Equity and past director
of the Dingman Center, will work with
the Maryland Department of Business
and Economic Development (DBED) to further
evaluate companies and provide assistance
- Monthly CAN breakfasts will connect
potential mentors and investors with
entrepreneurs
(Click on each press release title
to view the full press release.)
Smith School's "Pitch Dingman" Kicks Off
First Monthly Competition
Undergraduate finance major, Frank Wilson,
wins $500 for five-minute business pitch
College Park, Md. -- September 28, 2005
-- The Dingman Center for Entrepreneurship
at the University of Maryland's Robert H.
Smith School of Business held its first
monthly "Pitch Dingman" competition on Friday,
Sept. 23, 2005. Pitch Dingman is a monthly
contest open to all members of the University
of Maryland community – including students,
faculty and staff – that is designed to
promote entrepreneurship and the launch
of new businesses.
Frank Wilson, a Smith School undergraduate
finance major, received the first place
prize of $500. Wilson's recipe for success
included presenting a service-based idea
designed for University of Maryland students.
According to Wilson, by identifying an unmet
need in a small but concentrated market,
he can potentially carve a niche generating
revenues of approximately $100,000 in the
first year of operations.
(Click on each press release title to
view the full press release.)
Successful "Serial Entrepreneur" Named Technology
Commercialization Fellow at University of
Maryland's Business School
College Park, Maryland -- July 25, 2005
-- The Robert H. Smith School of Business,
University of Maryland today announced that
Dan Goodman, CEO of Zernike USA, has been
appointed technology commercialization fellow
at the school's Dingman Center for Entrepreneurship.
Goodman's ties to the Smith School and the
University of Maryland include previously
serving as the founding entrepreneur-in-residence
at the University of Maryland's Office of
Technology Commercialization; currently
acting as a scientific advisor with the
New Markets Growth Fund, the Smith School's
$20 million student-managed venture capital
fund; and a previous role as an advisor
to the Dingman Center.
(Click on each press release title to
view the full press release.)
Highly Regarded Investor and Incubator of
Start-up Companies To Assist Student Entrepreneurs
at University of Maryland Business School
College Park, Maryland -- July 18, 2005
-- The Robert H. Smith School of Business,
University of Maryland today announced that
Adam Lehman, president of Rock Ridge Ventures,
will join the school's Dingman Center for
Entrepreneurship, a nationally-recognized,
leading entrepreneurial center that assists
students and regional entrepreneurs with
expertise, resources and funding, as an
entrepreneur-in-residence. Lehman will leverage
his substantial experience in identifying
and developing new business ventures to
assist student and local entrepreneurs in
creating and managing their businesses.
(Click on each press release title to
view the full press release.)
Internet Visionary and Successful Private
Equity Investor Joins University of Maryland
Business School
College Park, Maryland -- April 22, 2005
-- The Robert H. Smith School of Business,
University of Maryland, today announced
that Mark Walsh, managing partner at Ruxton
Associates, LLC, a private equity and investment
firm, has joined the school's faculty as
an senior executive fellow. Walsh will work
with the faculty in the school's Dingman
Center for Entrepreneurship, a nationally-recognized,
leading entrepreneurial center, to advise
graduate business school students on the
development of their businesses and to provide
expertise to regional entrepreneurs.
Walsh's diverse career in interactive services
and technology includes joining AOL in early
1995 where he created and ran AOL Enterprise,
the business-to-business division of AOL.
In mid 1997, he joined VerticalNet Inc,
the internet's first business-to-business
platform, as the CEO. He took the company
public in early 1999. He became chairman
in late 2000. Walsh previously was the CEO
of Air America Radio. He also served as
the chief technology advisor for the Democratic
National Committee and was the original
head of Internet operations and strategy
for John Kerry for President in mid 2003.
Walsh has an MBA from Harvard Business School,
and a BA from Union College in Schenectady
NY, where he serves as a member of the Board
of Trustees. He also serves on a number
of venture-backed company and not-for-profit
boards.
(Click on each press release title to
view the full press release.)
Smith Ranked Among Entrepreneur Magazine's
Top 13
College Park, Maryland -- March 28, 2005
-- The entrepreneurship program at the
Robert H. Smith School of Business is ranked
among the top 13 nationally in the April
2005 issue of Entrepreneur magazine. For
the third consecutive year and since the
survey's inception, the magazine has included
the Smith School prominently among its annual
list of the best 100 collegiate entrepreneurship
programs in the United States.
According to the sixth annual Global Entrepreneurship
Monitor, a report measuring entrepreneurial
activity worldwide, 73 million people across
the globe are either nascent entrepreneurs,
or own or manage a young business. Among
Smith School resources supporting entrepreneurship
is the Dingman Center for Entrepreneurship,
a nationally-recognized, leading entrepreneurial
center that assists students and regional
entrepreneurs with expertise and funding.
"One of the strong points of the Dingman
Center is that we truly leverage all available
resources to provide students with the tools
to build success and confidence to be entrepreneurs,"
said Asher Epstein, managing director of
the Dingman Center.
(Click on each press release title to
view the full press release.)
Dingman Center Awards Hook & Ladder Brewing
Company 10K in Start-up Funding
Smith School's
Dingman Center for Entrepreneurship Helps
Student Businesses Grow
College Park - February 14, 2005
- The Robert H. Smith School's Dingman Center
for Entrepreneurship at the University of
Maryland today announced that it has invested
$10,000 in start-up funding to Hook & Ladder
Brewery, a student-run business founded
by second-year Smith MBA student Matthew
Fleischer. The investment is part of the
seed stage funding the center makes available
to student-run, start-up companies.
"This seed funding provides a great opportunity
for students to take the required steps
towards becoming successful entrepreneurs,"
said Asher Epstein, managing director of
the Dingman Center.
Fleischer founded the brewery with his brother
in 1999 after a year of successful experimentation.
Hook & Ladder won a Gold Medal at the 2001
Great American Beer Festival, the beer industry's
equivalent to an Academy Award. As a result
the beer has successfully been distributed
in California, Florida, and select parts
of the Washington DC metro area. The funding
from the Dingman Center will enable Fleischer
to focus greater expansion in the DC Metro
area.
(Click on each press release title to
view the full press release.)
Entrepreneurs - "I think I can":
Compelling new research suggests that
it's not a love of risk but self
confidence that separates entrepreneurs
from the rest of us
College Park, Md. - February 7, 2005
- If entrepreneurialism has a motto it
should be "I think I can." Entrepreneurs
are no more likely to want to stick
their necks out than wage earners, they
just have an unusual amount of
self-confidence, according to results of
a recent research paper, Entrepreneurial
Risk and Market Entry. Study findings
debunk a common stereotype about
entrepreneurs - namely that they are
inherently more comfortable with risk.
The paper received the Best Doctoral
Paper award from the Small Business
Administration's Office of Advocacy in
January. It was written by Brian Wu, a
doctoral candidate at Wharton, and his
advisor Anne Marie Knott, visiting
assistant professor of management at the
University of Maryland's Robert H. Smith
School of Business.
(Click on each press release title to
view the full press release.)
Maryland's CTO, Chris Foster, to Open
MIT Enterprise Forum StartupLab
Startups Optemax and Codign
Software to Present Business Plans,
Panelists Led by Charles Heller
February 9, 2005 Phone: (410)
526-0483
Columbia, Maryland - The MIT
Enterprise Forum announced today that
Maryland's Deputy Secretary of Business
and Economic Development and Chief
Technology Officer, Chris Foster, will
make the opening comments at the MIT
Enterprise Forum's upcoming StartupLab
on Thursday, February 24, 2004 at 6:30
p.m. in the Parson's Auditorium at the
Johns Hopkins Applied Physics Lab. The
StartupLab features business plan
presentations from Optemax, a Howard
County start-up company by local
entrepreneur Shirley Collier, and Codgn
Software, a Baltimore company
represented by Joe Ponczak. Charles
Heller, Managing Director of Beacon
Global Private Equity, leads the
panelist's team, who give expert
feedback to the presenting companies.
(Click on each press release title
to view the full press release.)
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