Welcome!

News Feed Item

First-Year Babson Undergraduate Students Launch 28 Businesses

WELLESLEY, Mass., March 3, 2014 /PRNewswire-USNewswire/ -- Twenty-eight new student businesses have been launched as part of  Babson College's Foundations of Management and Entrepreneurship (FME) course, a 7-credit immersion into the world of business.

As part of the required year-long FME course, all first-year Babson students are given the assignment to develop and run a business during the spring semester.

Twenty-eight teams of students invent, develop, launch, manage, and liquidate a business. Along the way, they immerse themselves in entrepreneurship, marketing, accounting, organizational behavior, information systems, and operations.

Babson provides up to $3,000 per startup which is repaid after liquidation of the business at semester's end.

Students within each business donate five hours, along with all profits, to a local community service agency of choice. Agencies supported by FME businesses have included

  • Special Olympics,
  • Habitat for Humanity,
  • Greater Boston Food Bank,
  • Cradles to Crayons,
  • Boys and Girls Club,
  • Community Servings,
  • Friends of the Homeless of the South Shore, and
  • World Vision.

More than $430,000 in profits have been donated to local charities since the program began in 1999.

"The experience is more than just learning how to launch a startup. It's about exploring career options. It's about identifying and creating opportunities, understanding personal goals, managing team dynamics, and communicating effectively. Above all, it's about turning ideas into action," said Associate Dean Rob Major.

2014 Babson FME Businesses 
#BabsonFME

Babo Boxes
The company's mission statement is to provide affordable and convenient packages, created by Babson students for Babson students. These packages are made up of snacks and gifts that are themed for different needs or occasions. 
@BaboBoxes 
Babo Boxes on Facebook 
Babo Boxes website

Babotise
Babotise is an advertisement company at Babson that will provide advertisement services to local businesses in Wellesley and Needham including providing advertisement space in enclosed glass bulletin boards, designing ads, and distributing their menus and flyers. Babotise strives to make the advertisement services of local businesses more effective and efficient while simultaneously providing a benefit to the Babson community.
@Babotise 
Babotise on Facebook 
Babotise website

Babson Honey 
Babson Honey will be selling specially packaged honey, by installing and maintaining four beehives on campus. Packaging, local production, and the social value we create during the process of running our business – this is how our honey is different from what you can buy in stores.
@BabsonHoney 
Babson Honey on Facebook
Babson Honey website

BedSideKick 
BedSideKick is a growing company dedicated to producing convenient bed-side holders that will make the customer's life easier.  Users will be able to keep their personal belongings (cellphone, tablet, bottle of water, wallet) beside their bed at all times.
@BedSideKick
BedSideKick on Facebook
BedSideKick website

BioGrounds
Our company is selling fertilizer supplement consisting of collected coffee grounds that will be dried and packaged. We will be acquiring grounds from various locations and selling them to gardeners. @Bio_Grounds
BioGrounds on Facebook 
BioGrounds website 

BoomCube 
BoomCube is a company that sells iPhone cases. The cases amplify the in-built speakers of the phone.
@Boom_Cube
BoomCube on Facebook 
BoomCube website

bulletn. 
bulletn. is a mobile app where users select their general interests and a virtual bulletin board is created for each interest. On each board, there will be events in Boston and events on campus that the user would be interested in, as well as other interest-based content like movies to watch, articles to read etc.
@bulletn_info 
bulletn. on Facebook 
bulletn. website

Cable Turtle 
Cable Turtle will provide customers with convenient wire organization. The space-friendly products can be used to reduce the length of variously sized wires. We provide two products, the Cable Turtle medium and the LP Clean Winder, which is smaller.
@CableTurtle  
Cable Turtle on Facebook 
Cable Turtle website

CoverIt 
CoverIt aims to offer consumers an affordable way to display their individuality while minimizing laptop damage. CoverIt will sell MacBook covers in a variety of colors and fully customizable stickers in two sizes.

DoodleBoard
The DoodleBoard is a consumer product bringing the usefulness and versatility of a whiteboard on the go. The DoodleBoard easily folds into a 9" x 9" board (quad fold like a gameboard), but can expand to 18" by 18", all with a whiteboard surface. It's truly remarkable!
@doodleboardco 
DoodleBoard on Facebook 
DoodleBoard website

Encore Coolers
Encore Music Coolers are coolers with built-in speakers, which are suitable for events ranging from tail-gating parties, and sports team excursions to beach trips and picnics.
@EncoreCoolers 
EncoreCoolers website

EnvoScrubs 
EnvoScrubs is an environmentally focused company that sells biodegradable organic cleaning wipes that will have the ability to clean multiple surfaces from dishes to countertops.  
@EnvoScrubs
EnvoScrubs on Facebook 
EnvoScrubs website

FitMe
FitMe is a fitness company that will sell spandex belts that hold keys, credit cards, and phones while a person is working out.  FitMe will to reach out to running groups and other athletic teams to sell their product in bulk.
@FitMeBelts 
FitMe on Facebook 
FitMe website 

Flex Cord 
Flex Cord provide customers with a fun, flexible and convenient way to charge and use their phones with an innovative cord for a range of activities from cooking to even driving. Imagination is the limit.
@FlexCord  
Flex Cord on Facebook 
Flex Cord website 

Fridge-Pal
Fridge-Pal is a business aiming to solve the problem arising from fridge odor in a sustainable, environmentally friendly way. Fridge-Pal is a product that uses used coffee grounds in order to neutralize fridge odor.
@FridgePal13  
Fridge-Pal on Facebook 
Fridge-Pal website

Frocket T 
Frocket T's are soft and stylish slim-fit shirts with customizable colors and pocket designs. Made with organic cotton, Frocket tends to the needs of you, your organization, or sports team! With our crewneck t-shirts, you can look comfortable or classy while expressing your creativity by choosing your look yourself.
@FrocketTApparel 
Frocket T on Facebook 
Frocket T website

GripStrip 
The GripStrip is a reusable silicon pad that can stick on almost any surface. The pad allows one to attach almost any solid object to it without leaving a mark, stain, or scratch on any surface. A practical use for this device would be to prevent mobile phones from sliding around in a car by placing atop of a pad on the dashboard.
@gripstripfme 
GripStrip on Facebook

Heat Me Cup 
Heat Me Cup is a quality, stainless steel vacuum flask that allows customers to keep hot drinks from going cold, and cold drinks from warming, for over 24 hours. The product is 18 oz.  It is customizable by logo of Heat Me Cup, or any logo can be designed for bulk orders.
@HeatMeCup  
Heat Me Cup on Facebook 
Heat Me Cup website

Locator 
Locator aims to offer consumers a better way to keep track of the items they find most important in their lives. Through a collaborative business partnership with Chipolo, a team of technology entrepreneurs in Slovenia who designed the Chipolo tracking device, Locator seeks to help a broad market of users find their missing items more efficiently.
Locator website

Lost-it Group 
Lost-it Group will be purchasing the rights for distributing an app that already exists and selling the hardware for it.
@LostitGroup 
Lost-it Group website

Onesies Clothing Company
The Onesie Clothing Company will be selling one piece pajama suits which are called onesies in various patterns and animal prints. The goal of the business is to create a social impact by selling fun and comfortable clothing. 
@OnesieClothing 
Onesie Clothing Company on Facebook

PillowTop 
PillowTop is a customized headboard that is intended for use of college-age students that live in residence halls or residence towers. The product is being custom-made on Babson's campus by the entire team. Our mission is to give back countless hours of sleep to students while keeping their room stylish at the same time!
@pillowtopco
PillowTop on Facebook 
PillowTop website

Polar Vortex
Polar Vortex is a company selling slush making cups, giving customers their personalized slush anytime anywhere. The slush cup is a simple device which one simply freezes overnight before use when any beverage can be transformed into a slush.
@PolarVortexCo 
Polar Vortex on Facebook 
Polar Vortex website

Second Take
Second Take believes in providing an entertaining and inexpensive movie experience for Babson College students. Our service shows newly released and classic movies on weekends. There will be six showings, each with a different theme that supports a different charity.  
@2ndTakeCinema
2nd Take Cinema on Facebook

ShapeCreate
ShapeCreate is a business that sells 10 x 10 whiteboards with edges that connect like a puzzle. This innovative and creative approach to an old product has the goal of promoting creativity and problem solving. ShapeCreate serves both consumers and businesses. 
@ShapeCreate
ShapeCreate on Facebook
ShapeCreate website

TapTag
TapTag is a technology company that provides Near-Field Communication (NFC) products to its customers—each of which are personally programmed with the desired information/action. TapTag's mission is to empower our customers with the ability to share information in a highly recognizable form by utilizing the latest in networking technologies.
@JustTapIt 
TapTag on Facebook 
TapTag website 

Twystwyst
Twystwyst sells wire winders to both companies, as a promotional object, and consumers, as a handy utility to store and use wires. The wire winder works by placing a wire in between two plastic caps that rotate to wind the wire, keeping the wire safe, untangled and easily windable. The product is circular with a 6 cm diameter and a curve top on which we will (optionally) apply vinyl stickers to suit the needs of the consumers or businesses. 
@Twystwyst 
Twystwyst on Facebook 
Twystwyst website

Wired Up
Wired Up is a high performance athletic shirt made of a dry fit material. The shirt has four consecutive loops running up the front left side of the shirt with the function to wire your headphones through in order to keep them secure and close to your body.
@TheWiredUpShirt
Wired Up on Facebook 
Wired Up website  

About Babson College

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds™. The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society—while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value. Visit www.babson.edu

SOURCE Babson College

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence a...
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics ...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that’s no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, will explore how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He wi...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
There is only one world-class Cloud event on earth, and that is Cloud Expo – which returns to Silicon Valley for the 21st Cloud Expo at the Santa Clara Convention Center, October 31 - November 2, 2017. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers. Companies are each developing their unique mix of cloud technologies and service...
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, d...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.