Tag Archives: Hagerman Center for Entrepreneurship & Innovation

Hagerman Center Entrepreneurship and Innovation 2024

From June 18th to 20th, the School of Management’s Hagerman Center for Entrepreneurship and Innovation hosted the Summer Entrepreneurship Institute, welcoming 22 incoming junior and senior high school students from Genesee County, Oakland County, Macomb County, and even from as far as Florida and New Jersey.

The program began with an introduction to entrepreneurship and idea generation, led by School of Management faculty members Brian Blume and Mark Simon, alongside alumnus Raymond Kusch. As part of their hands-on learning experience, the students visited the Farmers Market to observe entrepreneurship in action and enjoy lunch from various vendors.

On Wednesday, the participants visited 100K Ideas, where they explored the Shops on Saginaw and listened to Phil Hagerman, an entrepreneur, philanthropist, pharmacist, and CEO. Mr. Hagerman, a significant benefactor of the School of Management since his generous donation in 2015, continues to support the institution while managing multiple ventures such as Forum Health and SkyPoint Ventures.

Brian Blume, newly appointed Director of the Hagerman Center and David M. French Professor of Organizational Behavior & HR Management stated, “During our visit to the 100K Ideas incubator in downtown Flint, we were inspired by businessman Phil Hagerman’s insights. This visit is an example of the profound impact the local business community can have in shaping the experiences of students and fostering a culture of innovation. We also were able to visit the Flint Farmers market, where the students purchased lunch from many local entrepreneurs.”

Throughout the program, students collaborated to develop new venture ideas. Thursday’s agenda began with a guest lecture from Dan Command, widely known as Dan C. Bearded on social media. Command, a content creator specializing in beard care, shared insights on thriving in a niche market using social media. 

The students also had the opportunity to network with seasoned entrepreneurs during a luncheon. Esteemed speakers included UM-Flint alumna Adrian Montague and James Shuttleworth, co-founders of Flint Soup; Perci Whitmore, UM-Flint alumnus and founder of Share the Keys; Tom Nardone, president of PriveCo and CEO of Dignity Lifts; Theo Ellis, UM-Flint alumnus and founder of ProSound Media; and Adeola Osunlowo, UM-Flint alumnus and CEO of Wombman Unspoken. Blume also mentioned “We appreciate the active participation of our alumni in our network luncheon, where nearly all speakers were distinguished University of Michigan, Flint graduates. This underscores the vital role that alumni and community engagement play in the success of our educational mission.” These interactions provided the students with invaluable advice and feedback on their ideas.

The program culminated with student presentations, where each group delivered an elevator pitch and detailed their venture’s competitive landscape, target market, financial viability, and marketing strategy, including logo and slogan development. The creativity and cohesiveness of their proposals were remarkable, especially given the three-day timeframe.

This cohort of enthusiastic students demonstrated a keen interest in entrepreneurship and innovation. Mark Simon, former Director of the Hagerman Center and Hagerman Professor of Entrepreneurship and Innovation said “I was so impressed by the quality and the creativity the ideas the students developed. But it was more than just the ideas, they designed logos, came up with slogans, figured out marketing campaigns, and even developed financials!  It was remarkable what they accomplished in less than three days. They should be so proud.” Their impressive presentations and collaboration underscored the program’s success in fostering the next generation of entrepreneurs. 

Written by: Anna Church

UM-Flint’s Hagerman Center Receives USASBE’s 2024 Excellence Award

One year after being named one of only four finalists, the University of Michigan-Flint’s Hagerman Center for Entrepreneurship and Innovation has earned the 2024 Excellence in Co-Curricular Innovation Award from the United States Association for Small Business and Entrepreneurship. Founded in 1981 and with more than 700 members, USASBE is the world’s largest organization devoted to collegiate-level entrepreneurship education, making this one of the most prestigious awards a university can receive.

The center’s mission is to spread entrepreneurship throughout the university and beyond.  Participation in its activities has gained momentum throughout the university.  For example, last year 595 students, including 82 from area high schools, and dozens for each university academic unit, submitted more than 630 ideas to the Center’s innovation competition.  UM-Flint’s faculty members played a pivotal role as more than 40 actively influenced their students’ decision to enter the competition. 

Being named the 2024 USABE award winner is not a standalone achievement; it serves as a testament to the continuous and impactful support from Phil Hagerman, The Mott Foundation, and alumnus Steve Whitener. Their investment reflects a shared vision for cultivating innovation, creativity and transformative educational experiences within the entrepreneurial landscape of UM-Flint and the Flint community.”

You can view the video that was prepared as part of the school’s award selection process here or read the article posted by UM-Flint here

Authors : Anna Church, Alexis Menard, Brian Blume, Mark Simon