School’s Out for Summer – But at Babson It’s Startup Season

Summer Venture Program at Babson College: 15 Teams of Student Entrepreneurs Grow Their Businesses
/PRNewswire-USNewswire/ —

15 teams of Babson College Undergraduate and MBA students and recent alums have opted to skip vacation this year, and spend 10 intensive weeks in Babson’s Summer Venture Program to strategize, shape, and accelerate their entrepreneurial businesses.

The Arthur M. Blank Center for Entrepreneurship at Babson–organizer of the program–was highly-selective in choosing the entrepreneurs and offers an environment that stimulates their entrepreneurial minds.  Open work space allows teams to be close–but not too close–so they can network, assist one another, and share resources. Many live in Babson dorms so they can work around-the-clock to refine their ventures.

Noon on Mondays is status update time when teams share ideas and solve the week’s business challenge.  Every Tuesday and Thursday, a Babson faculty member or business guest addresses students during a brown-bag lunch on a topic of importance, and Wednesdays are “Hot Seat” days when a single team presents their business and receives intensive feedback. Teams receive in-house counsel from the program director, and meet with entrepreneur-mentors in person at least once a week.

On Demo Day–July 29th at 2:00 p.m.–Babson’s entrepreneurs will formally present their business plans to venture capitalists, angel investors, friends, and family.

Babson College Summer Venture Program Companies


Name:  Austin Conti;
Company:  Sweet Spot Parking
Sweet spot parking is striving to enter into the privatization of parking meters for local towns while providing superior metering technology that will lower overall expenses to towns, and create a more streamline system of parking for drivers.

Name:  Damian Gray;
Company:  Insite Motion Media;
Creators and providers of web site video content and marketing technology.

Name:  Enrico Palmerino and Dinesh Wadhwani;
Company:  ThinkLite;
ThinkLite LLC is a Massachusetts based efficiency firm that provides energy efficient lighting solutions to businesses and households at no upfront costs. ThinkLite uses advanced technologies to measure energy consumed by lighting and provides turnkey solutions which include energy audits, lighting analysis, product provision, installation, warranties, recycling, and guaranteed energy savings that reduce monthly lighting costs by up to 80%.  In exchange for their services, ThinkLite receives a percentage of the guaranteed monthly savings realized by the customer.

Name:  Greg Schwartz;
Company:  Ball and Buck;
Ball and Buck is the first sustainable lifestyle brand to incorporate socially and environmentally responsible practices to create affordable and one of a kind products which enable consumers to use their personalized style to help the world around us.

Name:  Colin Winter;
Company:  ShuffleChat;
ShuffleChat is a video chatting website that focuses on creating quality engagements between its users.

Undergrad Alumni

Name:  Mark Bollman ’10 and Candace Sombrero ‘10; or
Company: Social Butterfly Group;
Social Butterfly is an enterprise level web application that enables companies to schedule social media campaigns across platforms and see detailed analytics to measure their impact on company exposure and sales.

Name: Alexander Debelov ‘10;
Company:  Crelligence Media;
As featured in New York Times, Entrepreneur and ABC, Viralskool allows companies to host video contests, where the winner is determined based on how viral their video gets on the internet.

Name:  Chris Jacobs ‘10;
Company:  Honest Discounts
Honest Discounts provides businesses, charities, professional sports teams and people with a platform to distribute custom discount prescription drug cards at no charge that allow people to save 10-65% on medications at over 65,000 pharmacies nationwide.   There are millions of Americans who can’t afford the medications they need, and we believe that by partnering with the right organizations we can save people money while donating to a good cause.


Name:  Seth Burstein;
Company:  Trade Show Internet;
Trade Show Internet, via their plug-and-play, internet-in-a-box solution, is dispelling the myth that internet connectivity at trade shows and corporate events is only available through overpriced, “exclusive”, in-house vendors.

Name:  Joshua Leffler;
Company:  BrandXO;
BrandXO leverages existing social media applications and proprietary analytics to help executives develop their personal brand.

Name:  Joanna Meiseles;
Company: Zip Cuts (working title);
For busy professionals who seek convenient and low cost hair care services, Zip Cuts will provide mobile haircuts from branded trucks that will travel to office parks and business centers where lots of people work.

MBA Alumni

Name:  Farnaz Bakhtari ’10 and Nirav Shah ‘11; or
Company: TrainingPal
TrainingPal is a SaaS based online platform that enables personal trainers to offer their services over the internet and manage their clients performance.

Name:  Shabnam Emamian M’10;
Company:  HappeningMap;
“ is an early-stage community-based venture that promotes the growth of local economies by helping connect community members and local businesses in innovative and mutually advantageous ways.”

Name:  Sara Gragnolati M’10 and Zachary DeAngelo; and
Company:  Evolve Foods
Evolve Foods is a nutrition-based, gluten-free food brand that uses ancient grains to make healthy, convenient products.

Name:  Ben Saur M’10;
Company:  RecipeKey;
Recipe Key is an innovative recipe search website that allows users to search for recipes based on ingredients they already have in their kitchens.

Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit

Babson College
Babson Park, MA 02457
Phone: 781-235-1200

This news release was issued on behalf of Newswise(TM). For more information, visit

SOURCE Babson College


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: