Tuesday, April 28, 2009

Please take 1 minute and Vote for SLC!

From John Troy - please consider supporting this Duke Startup.


---------- Forwarded message ----------
From: John Troy
Date: Tue, Apr 28, 2009 at 11:34 AM
Subject: Reminder: Please take 1 minute and Vote for SLC!

Hi Net Impact Club!  I hope finals are going well for all of you as we wrap up the year.  I just wanted to send out a reminder to please take 1 minute and vote for Servant Leadership Corps today! If everyone on the Net Impact email list votes by April 30th, SLC will definitely win the competition.  Please ask your friends and family to vote too – every vote counts!


Here's the link to vote: http://ideablob.com/ideas/4754-Servant-Leadership-Corps-High-


Thank you all so much for your help!  




Breaking Duke News from Dubai

Received the following message from Dean Sheppard.  Pretty neat stuff.  


---------- Forwarded message ----------
From: Blair Sheppard
Date: Tue, Apr 28, 2009 at 11:26 AM
Subject: Breaking Duke News from Dubai

I'm writing from the United Arab Emirates to share news of the launch of our new partnerships in Dubai. Today in a ceremony under the patronage of His Highness Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, we signed agreements to formally establish our presence here.


Alan Schwartz, of Duke's Board of Trustees and formerly the Chair of Fuqua's Board of Visitors, was able to join us for the occasion. Our regional team in Dubai – Regional Director Jonathan Barnett, Senior Manager Patricia McCall – was also on hand to greet the assembled dignitaries, supporters, and media.


When we announced our global strategy last September, the world was on the brink of the financial crisis that we're all familiar with today. Events of the last eight months have only served to reinforce the need for the kind of international scope we're working to create with global partnerships – like the ones we're formalizing today in Dubai.


Today's event is an important step in realizing the global presence of Duke University, and the collaborations we are establishing – here in Dubai, in the UK, China, India, and Russia – place Fuqua in the world's most important business and cultural centers.


Further details of our partnerships in Dubai can be found here (English | Arabic) and video and photographs of today's launch event will be posted on our website when they are available.




Monday, April 27, 2009

Come here a $3 mil Stradivari violin April 28 at a startup launch

From Fuqua 2nd year, Richard Brown.  Good luck, Richard.



Please join me the evening of Tuesday, April 28 as I launch a musician-patron matching service.  I have arranged for the Duke violin faculty to perform on a violin made in 1702 by Antonio Stradivarius and a violin made in 1710 by Giuseppe Guarneri filius Andrea.  This classy event  offers one more chance to socialize with students, faculty, and staff before we part ways.

The performance will take place on Tuesday, April 28 at the Duke Gardens Building. I realize this is very short notice, but I had to be absolutely sure that the Stradivarius could be brought down from Boston on that day.  It's not easy to line up a Stradivarius; the price tag of this violin is well  over $3 million.  The Strad is in excellent condition, with previous owners  including a French count and a former concertmaster (lead violinist) of the New York Philharmonic.

This wont be a stuffy classical concert - instead the concert will begin at 8:00 pm with viewing of the violins and a wine, cheese, and dessert
reception.  The performers will call out numbers from the stage and take questions.  Afterwards there will be a party with DJ playing decidedly non-classical music.

Visit mediciviolins.com for tickets and a short video on violin patronage. The student price is $15, which covers both the concert and the party.
Party only tickets will be available later this week for $12.  Partners of students can also purchase the student tickets.

Richard Brown

An estimated 5% of venture capitalists have Duke degrees, 4th most of any university

From Michael Cann and Mark Davis

---------- Forwarded message ----------
From: Michael S. Cann Jr. <mscannjr@sloan.mit.edu>
Date: Mon, Apr 27, 2009 at 8:38 AM
Subject: An estimated 5% of venture capitalists have Duke degrees, 4th most of any university

I thought you all would be interested to know that in a recent survey conducted by the National Venture Capital Association, a significant number of the venture capitalists who responded had degrees from Duke University:
1. Harvard 12%
2. Stanford 9%
3. University of Pennsylvania 8%
4. Duke 5%
4. MIT 5%
The article which contains this data is here: http://share.webnotes.net/?id=d6e90f0adab84bd59d77969ffe490f54

Michael S. Cann Jr.

Monday, April 20, 2009

2009 Fuqua Awards Recipients

Here's the full text of the email that mentions the EVCC as Club of the Year.


---------- Forwarded message ----------
From: Michael Hemmerich 
Date: Mon, Apr 20, 2009 at 3:21 PM
Subject: 2009 Fuqua Awards Recipients


The 2009 Fuqua Awards Ceremony for Students, Faculty, and Staff were recently held in Geneen Auditorium.  This event is one of the highlights of the year, for it is when we recognize those who bring exceptional leadership and outstanding service to the school and the Fuqua community.

The Chrysler Award for Innovation and Excellence in Teaching in a core course is awarded to one faculty member based on quality of teaching, approachability and availability, continuous improvement, degree of challenge created for students, and use of innovation in teaching a core course.  This year's recipient has always had a very strong commitment to his students and sought innovative ways to bring information into the classroom. This year's winner is Gavan Fitzsimons.  Please help me congratulate Gavan for receiving this award for the second consecutive year.

The Student's Choice Staff Award is awarded to one member of the Fuqua staff for outstanding service to the members of the student body and to the school, day in and day out.  This year's winner is an outstanding member of the Fuqua Community who makes herself available to students around the clock and always has a great attitude with everyone she interacts with.  Her efforts to help students have been called tireless and she is always willing to set aside time, energy and whatever else is needed to help the students as best she can.  She serves a lot of students but she goes above and beyond with every single one of them on a daily basis, and she manages to do her job with passion and to make everyone feel special.  Please join me in congratulating Mary Beck White-Sutton for an award well-deserved.

The Daytime student awards clearly reveal the remarkable breadth and depth of what our students achieve.  Quite simply, it is an honor and a privilege to work with the students on a daily basis and witness all that they accomplish, and I am glad we have this particular ceremony to recognize their amazing contributions. In the event that you were unable to attend the ceremony I want to share with you what transpired.  Please join me in congratulating our award winners as described below.
The first student award presented was the Keohane Award for Leadership, which was established in 2004 in honor of the inspirational leadership of former Duke President Nan Keohane.  This award to be given to the MBAA President and Vice President only in the instance of exceptional leadership.  Clearly, the recipients this year,Vince Rights and Barri Stiber, met and exceeded that threshold many times.  Many thanks and congratulations to Vince and Barri for their tireless leadership efforts and accomplishments on behalf of the school.
Next, we had the Asa T. Spaulding Sr. Award for Leadership.  This award is given annually to an outstanding member of the second-year MBA class, and is considered our highest leadership award.  Many students step up and lead at Fuqua.  This award honors one student who has been recognized by his or her peers as "having gone above and beyond the call of duty to have a long-lasting impact on the community through his or her leadership efforts."  This year's winner is Vibhor Chhabra.  Please join me in congratulating him for this wonderful recognition.
Following that, we presented the Distinguished Service Award.  This is the 20th year of this award.  Its purpose is to recognize second-year students who "have provided outstanding service to the School or the greater community through clubs, symposia, volunteer work, or elected positions, and who have done so in a respectful and courteous manner."  Please join me in thanking and congratulating the winner, Jessica Asrican, for her remarkable contributions, achievements, and non-stop efforts on behalf of the school and the greater community.
Our program next focused on the Alan D. Schwartz Award for Mentorship.  Alan Schwartz is the President and Chief Executive Officer of The Bear Stearns Companies Inc. and previously was Chairman of our Board of Visitors.  This award was established in his honor, by an anonymous donor, to encourage mentorship among the entire Fuqua community in keeping with Alan's personal interest in mentorship.  Students, faculty, administration, and staff members are eligible for this award, but preference is given to current Fuqua students.  Please join me in thanking and congratulating Amber Marzuola, for her mentorship of fellow students in both their academic and career pursuits.

The Club of the Year Award is given to a club that has shown collective and exemplary leadership in building relationships and opportunities with a variety of constituents to include students, alumni, companies, and faculty.  The Club of the Year shall have delivered an exceptional value to the student body through initiatives and programming.  This year's winner has energized the student body, both within Fuqua and across Duke,  to think outside traditional business lines and consider innovation in all aspects of business.  This year's Club of the Year is the Entrepreneurship & Venture Capital Club which was presented to the club's co-presidents Bobby Brenman and Amy Laverdiere.
Next we announced the winner of the Breeden Award in Finance.  This award was established by Smith Breeden Associates, in honor of Doug and Josie Breeden, and is in keeping with Dean Breeden's passions for both finance and academic excellence.  The award is given to the top second year finance student, as determined by our finance faculty.  Please congratulate Eric Koehrsen, for his outstanding academic performance.

The Dean's Recognition Award was established in 1998 by former Dean Rex Adams.  These awards are given by Dean Sheppard but are based on nominations from students, faculty, staff, and input from the student awards committee.  This award is given annually to students who have provided truly exemplary service to the school.  Fourteen extremely deserving students were chosen for this award; the difficult part here is excluding the many other students worthy of such an award.  Please join me in thanking and congratulating the following award winners for their exceptional contributions to the school:
Robin A. Abramowitz
Amy Audetat
Daniel G. Aycock
Alanna J. Blake
Debbie Chou
Pamela K. Goldberg
Elizabeth A. Helminski
Kristin M. Hodge
Stephen P. Misuraca
Hadley D. Nixon
Claire E. Ramich
Simran Sandhu
Ellen W. Sung
Diana I. Tyler

During the awards ceremony we also took the opportunity to recognize the 2008-2009 MBAA Executive Cabinet members.  We thank them for their contribution to clubs, service to the school, community involvement, and supporting their fellow classmates in caring, innovative and collaborative ways.  Please help us thank the following Cabinet members:
Robin A. Abramowitz
Amy Audetat
Daniel G. Aycock
Marcelo Barretta
Vibhor Chhabra
Debbie Chou
David R. Martin
James M. McNamara
Stephen P. Misuraca
Andre T. Pontes
Simran Sandhu

Many, many thanks to all the award winners--they are all extremely deserving of the recognition.  In addition, many, many thanks to the large numbers of you who were not recognized but are fully deserving of recognition.  So much happens here that goes unrecognized and unrewarded.  It's the combination of both the sung and unsung heroes that makes up the heart and soul of our community and makes this place so special.  Thank you all for creating a community that wants to make a difference and brings pride and joy to all those associated with our community.
- Mike
--  Michael R. Hemmerich Associate Dean for The Duke MBA-Daytime Duke University

Friday, April 10, 2009

Congratulations to one of the winners of Five Ventures

Mark Smallwood, Jonathan Gibbs, and Guatham Pandiyan won their section of the Five Ventures Competition http://www.fiveventures.com/ with their work on Entogenetics which is currently in our Program for Entrepreneurs.

Congratulations guys!

Thursday, April 09, 2009

Congratulations to the winners of Cerebration 2009 in Singapore

We received the following note.

Congratulations to:

Anupam Bhandari

Bobby Brenman

Kyle Gardner

Vishal Patel

They beat out 450 teams to take first place!


I wanted to give you the good news that my team won 1st place in the Cerebration 2009 Global Business Plan competition (http://www2.bschool.nus.edu/Cerebration/2009/overview.htm) this past weekend in Singapore. There were a total of 450+ MBA teams from 20 countries around the world in this competition.


We had been participating in this competition since the middle of November and were invited to Singapore as one of 6 teams based on our business plan. In Singapore, we competed in a semi-final and final round of presentations (against NYU Stern, Chinese University of Hong Kong, HEC Montreal, Indian School of Business and IIT Bombay) and were selected as the overall 1st place winner. It was an amazing experience!


Interim Report on Wits-Duke Grow Your Business (GYB) programme

An update from Professor Will Mitchell:
This is a quick report on the Grow Your Business (GYB) programme that John Lynch and I taught at last week (with great support from Keisha Cutright, a marketing PhD student), in Johannesburg, along with two members of the Wits faculty, Sean Temlett and Rasoava Rijamampianina. This was the first module of the pilot GYB programme (the module focused on strategy, marketing, and leadership), which will be followed by a second module in April (with an emphasis on finance and pan-African business) and then an applied project. David Robinson and I will be teaching in module 2, along with several Wits faculty members.

I have attached a brief overview of the GYB programme, which lists the faculty and has some background about the students.

Module 1 was a strong success. We had 29 students from varied business backgrounds -- mainly from South Africa, with one from Mozambique. Some students were from the "entrepreneurship" sector  and others from "social entrepreneurship", though frankly I am not sure that distinction is meaningful in an emerging market. Half of the students were fee-paying, while half were on fellowships (though one of the fellowship students came to class on day 2 with a cheque book, and said that she wanted to pay because the course was worth the value to her).  In addition, two faculty members from Wits sat in to pick up ideas about teaching and research. The students were motivated and enthusiastic -- an absolute delight to teach. Strikingly, all but one were there on the last day, at the end of an intense four-day module in which they were trying to balance class, work, and family obligations. Sean Temlett from Wits circulated the course evaluations, which were outstanding. More importantly, we all came away from the session with a deep sense of excitement and enthusiasm, both from the students and among ourselves. I am very much looking forward to module 2.

We hope to launch a second offering of the GYB programme in July. Wits is engaged in seeking fee-paying students, with the help of Sasfin Bank, which supported marketing efforts for the first programme. One of the learnings of the pilot is the need for relationship-based marketing in this sector, rather than media-based efforts. We had dinner with the executive director of Sasfin, Malcom Segal, who was excited about the progress and will lend support for seeking delegates for the next offering of the programme.

We have three goals for building capabilities via this programme and the other programmes we are engaged in: (1) developing our students' capabilities to manage their organizations, (2) developing our own capabilities, both to understand business in emerging markets and to create scalable educational programmes in those markets, and (3) developing our partners' capabilities to create scalable educational programmes (over time, we plan to reduce Duke direct engagement in teaching, with the partner taking the lead in managing and delivering the programme). I believe that the GYB program is helping us make strong progress towards all three goals.

Please let me know if you have any questions.



--  Will Mitchell J. Rex Fuqua Professor of International Management   Watch our video at www.fuqua.duke.edu/wakeup 

Wednesday, April 08, 2009

We did it!!! Club of the Year!

Congrats to Bobby Brenman and Amy Laverdiere - amazing year!

---------- Forwarded message ----------
From: Bobby Brenman <bobby.brenman@gmail.com>
Date: Wed, Apr 8, 2009 at 4:49 PM
Subject: We did it!!!
To: Howie Rhee <howrhee@gmail.com>
Cc: Amy Laverdiere <Amy.Laverdiere@fuqua.duke.edu>

Club of the year!

Tuesday, April 07, 2009

Blue Devil Weekend - Entrepreneurship - Handouts and Powerpoints

Hey everyone,

I know a lot of you were not able to attend Blue Devil Weekend.  For those of you unable to come - here are the handouts/powerpoints we had related to our entrepreneurship activities.

1) Top Entrepreneurship Activities at Duke - There are many different activities to possibly be involved in at Duke, and this powerpoint goes over some of the top entrepreneurship activities that you can choose from.
2) Academic Preview of Entrepreneurship - Professor Ronnie Chatterji talks through the Research Advantage and how it applies to entrepreneurship. 
3) Introduction to the Program for Entrepreneurs - The Program for Entrepreneurs is an intensive entrepreneurship program where students receive course credit for working on starting a company.  Students must apply for this program in advance. We accept 8 projects a year.  The kickoff event is July 20th and the final selection of projects is October 28th.  
Document describing the Program: http://docs.google.com/Doc?id=dfpdp4cw_264gz43fghb
4) Career Panel for Entrepreneurship, Venture Capital, and Private Equity - We had a nice panel discussing entrepreneurship, venture capital and private equity.  Below is the link to the document we handed out, which includes the bios of the panlists, some recent startups that have come out of Fuqua, and a list of the many venture capital and private equity firms that have connections to Duke and North Carolina.

Let me know if you have any questions.

Friday, April 03, 2009

Ah...FuquaVision. The sketch comedy club at Fuqua. Those were the days.

sent from my treo

EVCC and Program for Entrepreneurs Table at Blue Devil Weekend Activities Fair

sent from my treo

My classmate, Ed Magee, gives the keynote at the Diversity lunch at Blue Devil Weekend

sent from my treo

Entrepreneurship & Innovation during Blue Devil Weekend

Well, Blue Devil Weekend 2009 is here.

Here's the schedule for those of you that are flying in.  Look forward to meeting everyone.


Entrepreneurship & Innovation during Blue Devil Weekend
Friday, April 3, 2009
Office Hours – Kirby Reading Room
• 3:00 - 4:00pm - A chance to informally meet us and some students. Location: Kirby Reading Room. We'll have office hours jointly with the Center for the Advancement of Social Entrepreneurship, the Center for Entrepreneurship and Innovation, and the Corporate Sustainability Initiative
Program for Entrepreneurs Workshop – Lilly Classroom
• 4:00 – 4:30pm – Information session on the Program for Entrepreneurs. Chat with Jon, Howie and others about the Program for Entrepreneurs. Note: Admitted students that specified an interest in Entrepreneurship and Innovation have received information about this program.
• 4:30pm - 6:15pm - Entrepreneurship Workshop for Program for Entrepreneurs applicants. Present your analysis of the case study for students wanting to apply for our Program. By invitation. Note: All slots are currently taken
Activities Fair - Tables for the EVCC and Program for Entrepreneurs
• 7:15pm-9:15pm - The Duke MBA Activities Fair - Location: Kirby Winter Gardens
• Table 1: For the Entrepreneurship and Venture Capital Club (EVCC) - (our fantastic student club, nominated for Club of the Year 2009)
• Table 2: For the Program for Entrepreneurs – special program for students intending to start a company upon graduation - a chance to meet students in the Program for Entrepreneurs. Note: Admitted students that specified an interest in Entrepreneurship and Innovation have received information about this program.

Saturday, April 4, 2009
Academic Preview – Entrepreneurship and Innovation - Rand Classroom
Do a Case Study with Prof. Aaron (Ronnie) Chatterji. We’ll also take questions about the courses in Entrepreneurship and Innovation.
• 10:05-11:05 – Location: Rand Classroom – Academic Preview 1
• 11:10-12:10 – Location: Rand Classroom – Academic Preview 2
Career Panels – Entrepreneurship, VC & PE - Rand Classroom
Two sessions, same career panel each time. They will be preceded by a general CMC overview in Geneen Auditorium from 1:15pm - 1:45pm.
• 1:50 - 2:45pm – Location: Rand Classroom - Entrepreneurship, VC & PE - Career Panel A (a mix of students and alums)
• 2:50 - 3:45pm – Location: Rand Classroom - Entrepreneurship, VC & PE - Career Panel B (a mix of students and alums)
Open House–Center for Entrepreneurship & Innovation–Leaman Classroom
The Open House is a chance to meet the Center for Entrepreneurship and Innovation - see an overview of entrepreneurship and innovation activities at Fuqua and Duke, and chat informally with some current students.
• 4:35 - 5:15pm – Location: Leaman Classroom - Center for Entrepreneurship and Innovation - Open House slot 1
• 5:20 - 6:00pm – Location: Leaman Classroom - Center for Entrepreneurship and Innovation - Open House slot 2

Thursday, April 02, 2009

Announcing - Duke Summer Residency in Entrepreneurship (SRIE)

Thanks to the efforts of John Miles (with the help of Chris DeFilippo and Luke Smith), we have the following program now.  Good stuff!



Dear Class of 2010:


    In conjunction with The Center for Entrepreneurship and Innovation (CEI), we are pleased to announce the first Summer Residency in Entrepreneurship, commencing this summer.


Program Overview


    Similar to the current Program for Entrepreneurs, which selects high potential students in the field of entrepreneurship to participate in a formal support and development program with the objective of developing a business plan over the 2-year academic period, we have recognized a similar need for students who may be engaging in other areas of core study but who have an interest in researching business ideas in lieu of a more traditional, company-sponsored summer internship.


    The Summer Residency in Entrepreneurship seeks to address this need, by offering selected students (7-10) a 10-week "residency" at Duke between their first and second academic years. Managed by Fuqua students, the Residency establishes a structure for those students interested in starting a venture (for-profit or non-profit), helping them increase the probability they successfully start a company during their summer residency or upon graduation. Attached is a brief overview of the program.


In terms of the Residency leadership team, fellow FYs, Chris DeFilippo and Luke Smith, will be leading this effort with me, and we look forward to addressing any questions you may have.


*If you are interested in applying, please complete this summer's application at the following address: Duke SRIE 2009 Application and forward a current resume to: dukesrie@gmail.com.


If you have any questions about the application process or the program, please contact any one of us. Along with the CEI, we look forward to working with you.

Thank you,



John D.C. Miles

Chairman, Duke Summer Residency in Entrepreneurship



John D.C. Miles

Candidate for MBA - Class of 2010 | Health Sector Management

Duke University | The Fuqua School of Business


E-Mail: jdm1@duke.edu

CASE Leadership Award Lecture with Acumen Fund CEO, Tues, April 7, 5:30pm

Our friends at the Center for the Advancement of Social Entrpreneurship at Fuqua have put together the following award.


CASE and the Fuqua Distinguished Speaker Series
invite you to attend the presentation of the


2009 CASE Leadership in Social Entrepreneurship Award

Presented to


Jacqueline Novogratz,
Founder and CEO of the Acumen Fund


Tuesday, April 7 – 5:30-6:30pm
Duke Fuqua School of Business, Geneen Auditorium
 RSVP appreciated


More Information:  

This spring, CASE will present its 2009 Leadership in Social Entrepreneurship Award to Jacqueline Novogratz, Founder and CEO of the Acumen Fund  and author of The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World  (released March 2009).  Acumen Fund is a non-profit global venture fund using entrepreneurial approaches to solve the problems of global poverty. They seek to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor. Acumen's investments focus on delivering affordable, critical goods and services – like health, water, housing and energy – through innovative, market-oriented approaches.


About the Award: As part of our efforts to promote entrepreneurial leadership in the social sector, CASE recognizes an individual each year who has made significant contributions to the field of social entrepreneurship.  Honorees may be social entrepreneurs, philanthropists, researchers, writers, or academics whose work has had positive social impact by encouraging or demonstrating innovation and promoting effectiveness within the social sector.  Past recipients include Muhammad Yunus, Founder and Managing Director, Grameen Bank  and Wendy Kopp, Founder and CEO of Teach for America.


This year, the CASE Leadership Award will be presented in conjunction with Fuqua's Distinguished Speaker Series (DSS).   RSVP is appreciated. This event is free and open to the public.



Stay current with this and all CASE upcoming events at www.caseatduke.org/events.   Presented by the Center for the Advancement of Social Entrepreneurship (CASE) at The Duke Fuqua School of Business.  


Wednesday, April 01, 2009

Distinguished Speaker Series: Jonathan Reckford, CEO of Habitat for Humanity

From Dean Blair Sheppard:

On behalf of the Executive Fellows, I am writing to invite you to the upcoming Distinguished Speaker Series event with Mr. Jonathan Reckford, CEO of Habitat for Humanity International, taking place on Wednesday, April 1, 2009 in Geneen Auditorium.

Mr. Reckford spent much of his career in the private sector, including roles in finance, strategic planning and operations at Goldman Sachs, Marriott, the Walt Disney Co., and Best Buy. Following a tenure as executive pastor at Christ Presbyterian Church in Edina, Minn., Mr. Reckford was appointed CEO of Habitat for Humanity International in 2005.  He is a graduate of the University of North Carolina at Chapel Hill and the Stanford University Graduate School of Business.  
I am truly excited about Mr. Reckford's visit, and I hope that you will join the Executive Fellows in welcoming him to Fuqua.

Event Details:
Date: Wednesday, April 1, 2009
Time: 4:00 to 5:00 pm
Location: Geneen Auditorium

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