University of Michigan Awards $34K in Grants, Business Accelerator Space

10/13/11Follow @XconomyDET

The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan Ross School of Business today announced the recipients of the Fall 2011 Dare to Dream grant program and TechArb tenancy. Based on business plans submitted to a panel of judges, Dare to Dream awarded funding totaling $34,500 to the following:

Integration Grant Awards (up to $10,000 each)

  • EVo Hair ($2,000): B-to-B wholesale hair extension supplier.
  • SecureHealing ($10,000): Privacy monitoring and reporting across healthcare software systems.
  • Thru.im ($5,000): Live chat that increases brand equity through IM and text conversation.

Assessment Grants ($1,500 each)

  • AddressMe: Automatically updated electronic address book application.
  • Conspire: Matchmaking service for individuals seeking collaborators and companies seeking managers.
  • Dean Adam: Web-based retailer of high-end men’s grooming and personal care items.
  • DIIME: R&D company designing low-cost medical devices in collaboration with clinicians from developing countries.
  • IFM Database: Software plug-in solution for facility management service providers.
  • Knuron: Knowledge sharing platform connecting students, employers and advertisers.
  • Real Good Food: Platform coordinating homemade food exchanges and collaborative cooking and dining events.
  • Vault Health Solutions: Platform to enable healthcare providers greater access to patients’ medical histories.

Venture Shaping Grants ($500 each)

  • Don’t Weed Me: Connects tutors to students.
  • DrupalAI: A high-end intelligent recommender system as a Drupal module.
  • eRent: Online system for landlords that handles rent collection and accounting.
  • EVStation: Addressing more widespread availability of electric vehicle charging stations.
  • FinAsk: Online platform connecting financial advisors to those seeking financial advice.
  • Medicron: System that tracks nation-wide health data in real time across Tanzania, improving communication, healthcare delivery, and monitoring of clinical needs.
  • MyInfluence: Solving limited offline interactions of online social networking tool users.
  • Smart Peru: Rewards system connecting college students with local merchants.
  • Thrively – Online tool for employee feedback and self-development.
  • Torch Hybrid Boat Co.:  Designs and manufactures boats with hybrid engines.

TechArb, which provides early stage companies that are launching the benefit of support through a community of entrepreneurs and mentors, announced eight student teams were awarded tenancy in conjunction with the Dare to Dream awards. Teams who will move in this November include: EVStation, FinAsk, IFM Database, SynapTech (licensing agreements and technical support for a patent-pending platform neural interfacing technology), Team Fit (platform allowing dieters to maintain motivation and accountability in their weight loss goals), Thrively, and YouTrivia (platform that allows anyone to create and share trivia games).

Sarah Schmid is the editor of Xconomy Detroit. You can reach her at 313-570-9823 or sschmid@xconomy.com. Follow @XconomyDET

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