Babson students' 19 startups show class, charity
Mar 02, 2013 (Boston Herald - McClatchy-Tribune Information Services via COMTEX) --
First-year Babson College undergrads have launched 19 businesses benefiting charities.
As part of Babson's seven-credit Foundations of Management and Entrepreneurship course, teams of up to 30 students per venture invent, develop, launch, manage and liquidate a business.
Along the way, they immerse themselves in entrepreneurship, marketing, accounting, organizational behavior, information systems and operations.
For each startup, Babson provides up to $3,000, which is repaid after liquidation of the business at semester's end.
Students also donate eight to 10 hours, along with all profits, to a local charity of their choice.
Organizations supported by FME businesses have included the Special Olympics, Habitat for Humanity, Fidelity House, Cradles to Crayons, Boys and Girls Club and Wellesley Housing Authority.
Since the program began in 1999, more than $430,000 has been donated to local charities.
This year's businesses are:
Audire, an iPhone accessory business that sells a custom-made kit with five iPhone accessories. These include an amplifier, headphones, touch gloves, an external battery and a USB cable to connect the iPhone to a computer. Customers choose the color of each product and whether they want the Audire Kit for their iPhone 4, 4s or 5.
Babson Marketplace, an online store where FME companies list their products for sale. The homepage will have the names and logos of the businesses and link to their personalized online stores, as well as advertisements and information relating to the Babson community.
Bands with Benefits, which sells a high-quality, eco-friendly, American-made bracelet. For every purchase, the company will send a cold-weather care package to a child in need.
BedShelf, which provides a shelf that attaches to any bed post and is a safe and convenient place to store your essentials while you sleep.
BluClear Solutions, which provides a safe, clean and efficient alternative to water-inefficient methods of container sanitation, thereby encouraging healthy and environmentally conscious lifestyles.
Buzz Builders, whose mission is to help businesses succeed and grow by attracting new customers and developing a community of loyal customers. Buzz Builders creates online and traditional promotional tactics.
College Connect, a service-based business that creates opportunities for individuals to meet new people by offering two unique services: event planning and event notification. The event planning service will plan five events throughout the course of the business, where its in-house DJ will mix, creating a club-like environment for a small admission fee.
COZI, which sells reusable and customized cup sleeves to prevent heat or cold from hurting a person's hands. COZIs have pockets to hold things such as tea bags or packets of sugar.
Creatify Me, which provides clear iPhone cases with two customized, interchangeable inserts which are vinyl sheets tailored to fit in between the phone and the case. Customers have the ability to design their inserts through the company's website.
Fresh Bites, which promotes its final event in March, where local, sustainable restaurants will give out samples of their food while promoting their own businesses. There will be multiple vendors that sell green, eco-friendly products. There also will be a series of interactive events to educate the public on how to implement sustainability into their lives.
Life Loop, a fashionable USB bracelet that can be used as a substitute for a smartphone charger, is available in 23 styles and is compatible with all smartphones.
MixItMug, a self-stirring mug which mixes your beverage with the press of a button, allowing you to instantly mix your coffee, tea or hot chocolate with milk and sugar, or make a quick protein shake.
myIMPAX, which markets the social missions of businesses in order to drive new, loyal customers to their stores. Companies sponsor digital cards stored on passbooks that are distributed to consumers through social media, email and websites. When consumers complete the social action and share it, they earn rewards to these companies.
Night Glo, a glow-in-the-dark apparel company that sells T-shirts, hooded sweatshirts and lacrosse pinafores whose inks glow-in-the-dark.
OneCase, which sells iPhone cases with drawer-like enclosures that can hold anything from a key to credit cards and money in a practical, protected manner. Cases are offered in three colors and made of hard, waterproof plastic.
Punch It, which connects small businesses to their customers through a mobile apps-based loyalty program. No more pesky cards in your purse or wallet; Punch It is the replacement for your buy-10-get-one-free punch cards.
Reel 'EM, which provides a universal, spring-loaded headphone winder. This winder allows you to get rid of tangled headphones and keep up with easily lost ones.
Smart Charger, which sells a universal, portable charger that can charge smartphones, MP3, MP4, PSP, digital cameras and GPS devices.
Stickah, a small gel-like sticker that attaches to the front or back of an iPhone. The outer side of each Stickah is made of a soft foam that allows users to peel off the Stickah and clean both the front and back screens of the phone.
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