On December 1, 2022, Rist DifferenceMaker Institute held the 10th Annual DCU/Manning School of Business Innovation Contest from 6:00 – 8:30 p.m. at University Crossing, Moloney Hall. To kick off the event, Associate Dean of Undergraduate Programs for the Manning School of Business and Event Emcee of the evening, Amit Deokar provided welcoming remarks.
After the remarks, the finalist judges were introduced. The judges for the evening were:
– Edward Gallagher ‘84, Senior Vice President (retired), Northeast Division, Comcast Business Services
– Hoang Nguyen ‘07, Director of Finance, DCU
– Sandesh Parulekar, Director of Information Systems Development, DCU
– Darcie Sunnerberg ‘87, Vice President/Sovereign Analyst, Loomis Sayles and Company
Once all judges were introduced, the event began! Five student finalist teams were given ten minutes to present their ideas, along with five minutes of Q&A from the judges. The teams that presented were:
– AlgoPal, team members Edvard Nordlund, Matthew Crasa, Gabriel Blanchard, Isac Jonsson, Stefan Owens
– Bridged Connection, team members Isaac Carpio and Dumark Ramirez
– PayDay, team members Nick Woolsey, Andrew Tarnowski, Daniella Pacheco
– PTB – Private Teller Booths, team members Nicole Chanquet, Sharon Banks-Obanor, Jesse Kajko, and Mustafa Bellakhdar
– Solar Crowdfund, team members Tolotra Samuel, Muhammad Khalil, and Borna Doroundi
Each semi-finalist team member won $100. The teams’ idea ranged from topics such as algorithmic trading, AI teller booth, crowdfunding platform, and more. After each pitch, judges asked questions to help them further understand the ideas. The judges ranked each team based on how clearly they explained their executive summary, mission statement, business goals, market analysis, how they would utilize funding, and project timeline.
Judges listening to a business pitch given by Dunmark Ramirez from Team Bridged Connection, alongside with team member Isaac Carpio
Following the presentations, judges went to a separate area to deliberate the final winner. During this time, all attendees got food, networked with each other, and further discussed the inspiration and details of the ideas that were pitched.
Around 8:00 pm, the judges returned to announce the final award. Congratulations to team Solar Crowdfund for winning the final prize of $500 per team member! They also automatically advance to the DifferenceMaker Preliminary Pitch-off this spring.
Team Solar Crowdfund with team members Tolotra Samuel and Muhammad Khalil, announced as the 10th Annual DifferenceMaker DCU / Manning School of Business Innovation Contest Winners.
In total, DCU awarded $2,300 to student teams at this event.
Interested in pitching an idea and getting funding?
On November 30th, The Rist DifferenceMaker Institute held the 4th Annual High School Idea Challenge from 9 a.m.-1 p.m. at the UMass Lowell Mark & Elisia Saab Emerging Technologies and Innovation Center.
To kick-off the event, Gina Mustoe, teacher at Westford Academy, gave opening remarks. She then passed the stage to Provost Joe Hartman, who shared inspiring words to the students about of the importance of making a positive impact in the world by developing creative ideas.
Next, David Vatalaro, Rist DifferenceMaker Fellow, Rist DifferenceMaker Institute, presented an overview of DifferenceMaker, sharing the benefits and opportunities the program offers. Then, Tom O’Donnell, Senior Director, Innovation Initiatives, UMass Lowell, introduced the judges and emceed the event.
The judges were Nick Jarek (Rist DifferenceMaker Co-Op, Rist DifferenceMaker Institute), Donna McFadden (Massachusetts DECA State Advisor), Tom O’Donnell, and Wynn Wiggins (Co-Founder, Vital Sensing Patch).
After the judge introductions, the event began. The audience was excited to hear the creative ideas from each high school student team. Each pitching team had 5 minutes to present, followed by 5 minutes of judge Q&A. The judges deliberated after all of the presentations!
Makena Bailey, Grace Cardoso, Katerina Davis, Samantha Sharma, representing Nashoba Regional High School, pitching their product Highlight Helper.
Congratulations to all teams that presented and won awards!
1st place, $500 – Braydon Gray, Gabriel Silva, and Catherine West, Chelmsford High School – “The Hcky Stick” – A collapsible hockey stick made from high quality plastic that is easy to store.
2nd place, $300 – Laney Beahn, Sara Lewis, Grace Mathieu, Ava Mills, and Chloe Vescio, Blackstone Regional High School – “Medimate” – A sanitizing device that kills bacteria from shoes.
3rd place, $200 – Isaac Cho and Dan Ottesen, Westford Academy – “Sleepytime Supplements” – a pack of milk and cookies with melatonin and valerian to help users with falling asleep.
After the presentations, lunch was served, and round table mentor meetings took place between past DifferenceMaker teams and the high school teams. Each high school team had a 15-minute mentor session with the DifferenceMaker college students, in which they got the opportunity to speak with every mentor.
Mentors and high school teams network after the pitch-off session.
Thank you to the past DifferenceMaker teams who volunteered their time to support and inspire the high school students:
On Wednesday, September 21, 2022, from 6:00 – 7:30 p.m., DifferenceMaker held its 2022 Season Kick-off and College Competition Announcement!
Holly Lalos, Director, Rist DifferenceMaker Institute, kicked off the event and thanked all the DifferenceMaker Faculty Fellows. Next, Provost Joe Hartman shared inspiring words to the students about of the importance of making a positive impact in the world by developing creative ideas. Then, Mina Lam and Nick Jarek were introduced – two Rist DifferenceMaker CO-OPs. They presented an overview of the program and spoke about the opportunities DifferenceMaker offers, such as team building, being paired with mentors, learning critical skills through events and workshops, and being able to connect with diverse students from various backgrounds. Past DifferenceMaker student team examples were also presented: Hoppers, Minds with Purpose, and Tendren.
Provost Joe Hartman speaking with the students about the impacts of the Rist DifferenceMaker Institute. (Photo credit: Ed Brennen)
Lastly, DifferenceMaker benefits and impact were presented, such as $7 million has been raised by past winning teams and 40 companies have been formed.
Mina Lam and Nick Jarek, Rist DifferenceMaker CO-OP students, presenting an introduction to DifferenceMaker. (Photo credit: Ed Brennen)
After Nick and Mina spoke, guest speakers were introduced to discuss details regarding the three DifferenceMaker College Competitions.
Thomaz De Moura, Innovations Director, Digital Federal Credit Union, announced details regarding the DCU/Manning Innovation Contest. This contest encourages innovations in the banking industry, like ideas around financial literacy and mobile technology solutions. The top prize is $500 in cash per team member and each finalist student is awarded $100 in cash. Registration for the DCU/Manning Innovation Contest opened on September 21, 2022, and will close on October 21, 2022, at 5 p.m.
Wael Kamal, Assistant Dean, Fine Arts, Humanities and Social Sciences (FAHSS), announced a new contest – The FAHSS Creative Community Competition sponsored by Glenn Morgan ’86 FAHSS. The goal of this competition is to inspire students to create products and services that make a change in their communities. Registration opened on September 15, 2022 with a rolling application deadline, and there are two upcoming workshops to help students define their ideas and prepare for the competition.
Ruairi O’Mahony, Executive Director of the Rist Institute for Sustainability, and Craig Thomas, Assistant Director, spoke about the S.E.E.D. Grant Program. This program provides students funding to pursue projects around campus that focus on sustainability and improving the campus atmosphere. Students can apply for grants up to $10,000 to put their campus sustainability projects into action.
Ruairi O’Mahony, Executive Director of the Rist Institute for Sustainability, sharing statistics and information about the S.E.E.D. program that students could apply for their environmental-focused ideas. (Photo credit: Ed Brennen)
Next was a DifferenceMaker song performance by Mina Lam. She developed this song about DifferenceMaker using the instrumentals from Lin Manuel Miranda’s song, “My Shot” from Hamilton, the Broadway musical. This performance excited the room for the next part of the event – the hands-on activity.
Concluding the announcements, David Vatalaro, Rist DifferenceMaker Fellow, presented the details for a fun, interactive, ideation activity.
Students introducing themselves and discussing ideas they could focus on for the ideation activity. (Photo credit: Ed Brennen)
Each table was asked to write down problems each individual was interested in solving. From there, each team discussed all individual problems and chose one to focus on for the remainder of the activity. Each person at the table then wrote down potential solutions to the proposed problem. Next, each team voted on which solution was the best or most creative. After that, the team members crafted models of their solutions with Legos. Each table had the opportunity to present their problem, solution, and Lego structure with the audience.
Students sharing ideas to present for the ideation activity. (Photo credit: Ed Brennen)Students and Mentors brainstorming ideas to work on during the ideation activity. (Photo credit: Ed Brennen)
Holly Lalos closed out the event. Thank you to all students, faculty, alumni, and supporters who attended!
On July 13, from 5:00 – 8:00 p.m., DifferenceMaker hosted Demo Day. At this event, the 2022 DifferenceMaker Idea Challenge Finalists presented their updated and improved ideas since advancing in the 2022 DifferenceMaker Summer Boot Camp.
Holly Lalos, Director, Rist DifferenceMaker Institute, opened up the event for the evening. To start, she presented to the audience a brief overview of the DifferenceMaker program. DifferenceMaker is a campus-wide program that helps students define problems and create real-life solutions to those problems.
Holly Lalos explains to the audience about the DifferenceMaker program.
One of the ways this is done is during the DifferenceMaker Summer Boot Camp. The objective of the Boot Camp is to increase teams’ understanding of their customer segments, business model, revenue streams, and more. Teams are also encouraged to develop a one-year project plan with milestones and tasks for utilizing their winning funds.
Holly thanked everyone who makes DifferenceMaker possible – faculty fellows, co-op students, mentors, and advisors. The Boot Camp Advisors this year were:
Tom O’Donnell, Innovation Initiatives Senior Director, Innovation Hub Director, Visiting Faculty from the Manning School of Business
Demo Day helps teams advance their progress, gain critical feedback, and network with mentors. To begin the event, David Vatalaro, Rist DifferenceMaker Fellow, discussed mentor matching steps. Surveys for both mentors and teams were sent out shortly after the event. From the survey results, teams will be paired to the appropriate mentor(s) based on their backgrounds, skills, and interests.
David Vatalaro, Rist DifferenceMaker Fellow, explained the steps needed to be made for the mentor matching process.
Dave Vatalaro, Rist DifferenceMaker Fellow presenting the Mentor Program to the audience.Dave Vatalaro sharing to the audience the social media platforms of DifferenceMaker.
Next, the event opened to student team presentations! Each team had 5 minutes to present, and 5 minutes for audience Q&A. They pitched about their business plans, customer discovery findings, value propositions, and benefit that their products would have for society. Potential mentors asked valuable questions to the teams throughout the evening.
Brandon Conceicao from Amara eager to answer an audience member’s question.Mark Elman and Steven Evangelos from PEAK Performance sharing to the audience about their idea.Ariel Pena-Martinez and Grissel Cervantes-Jaramillo from ThermoEXA presenting their data from their new and improved idea at Demo Day.
Dave Vatalaro sharing the teams that would present for Demo Day.
After the presentations, students from the teams had the opportunity to network with the audience to help further their idea and receive guidance.
Mina Lam from UMass Lowell Japanese Student Association sharing about the organization to Ariel Shramko, 2021 DifferenceMaker Idea Challenge finalist and founder of Terminus.Alyssa Kennedy and Abigail White from Hoppers, networking with Holly Lalos and CEO and Co-Founder of invisaWear, Rajia Abdelaziz.Mark Elman and Steven Evangelos from PEAK Performance discussing their idea with a potential mentor.Ethan Block from Tendren having a conversation with a student.
Thank you to everyone that attended Demo Day and supported the students throughout the night!
On Wednesday, April 13, 2022, DifferenceMaker hosted the 10th Annual $50,000 Idea Challenge at University Crossing, Moloney Hall, Room 260.
The event began at 5 p.m. with a networking reception and poster viewing. The ten finalist student teams showcased their projects to students, faculty, and alumni. Attendees were given “DifferenceMaker dollars” to distribute to their favorite teams for “Fan Favorite”.
Fan Favorite team, MetaLingual, standing by their poster talking to guests who attended the $50,000 Idea Challenge Finals. Professional photo credit to Meg Moore.
Around, at 6 p.m., Neil Shortland, Professor and Faculty Fellow of the College of Fine Arts, Humanities, and Social Sciences provided welcoming remarks to kick-off the event. He then introduced Chancellor Jacqueline Moloney, who also spoke.
Afterward, from 6:15 p.m. to 8:15 p.m., the student teams pitched off! Each team got five minutes to pitch, followed by a five minute Q&A session by the judges.
Once all teams pitched, the judges went into a separate room to deliberate. While they did so, there was more networking and poster viewing.
Team USuccess pitching their financial literacy curriculum to the panel of judges. Professional photo credit to Meg Moore.
Thank you to the panel of judges:
Lorna Boucher, ’86, Manning School of Business; Chief Marketing Officer, Instinet
The Judges watching the finalist teams pitch during the 10th Annual $50,000 Idea Challenge. Professional photo credit to Meg Moore.
At 8:30 p.m., the final awards ceremony and closing remarks took place. Holly Lalos, Director, Rist DifferenceMaker Institute welcomed everyone back. She then introduced Brian Rist, ‘77, Manning School of Business, Chairman, Rist Family Foundation. Mr. Rist announced the winners.
Congratulations to all teams!
Rist Campus-Wide DifferenceMaker – $6,000 – Amara: A social media platform with transparency and a better algorithm. Brandon Conceicao, Adam Iskandar, Biology
Commitment to a Sustainable Environment – $4,000 – ThermoEXA: Intelligent and personalized indoor temperature control through unique biometrics recognition. Ariel Pena-Martinez, Computer Engineering, and Grissel Cervantes-Jaramillo
Jack. M. Wilson First Product to Market Award (Sponsored by Jack Wilson, President Emeritus) – $4,000 – Hoppers: A board game that fosters education, communication skills, and creativity for younger children. Abigail White, Biology, Alyssa Kennedy, Biology
Sutherland Innovative Technology Solution (Sponsored by Andrew Sutherland ’94) – $4,000 – Tendren: A wireless pulse oximeter combined with an ECG/blood pressure to track patients in the waiting room. Ethan Block, Biomedical Engineering, Amie Russell Biomedical Engineering, Victoria Williams, Biomedical Engineering
Contribution to a Healthier Lifestyle – $4,000 – PEAK Performance: A device that assesses/corrects rotational misalignments between the pelvis and spine.
Evelyn Duffy, Biomedical Engineering and Business, Mark Elman, Biomedical Engineering, Steven Evangelos Biomedical Engineering, Matthew Martel, Exercise Science
Significant Social Impact – $4,000 – Minds with Purpose: A networking platform that unites people of different professions, areas, and styles. Sammy Santana, Liberal Arts, Jeurys Santiago, Business
Honorable Mention – $2,000 – StockToMe: A stock opinion community where anybody can post an opinion about a stock. Matthew Allen, Business, Matthew Kinash, Business – Entrepreneurship, Jackson Sterrett, Business
Honorable Mention – $2,000 – USuccess: A program to help individuals’ financial situations through education. Kaitlyn Catron, Business, Kyle Knapp, Business, Anna Kouadio, Business, Mikaela Murphy, Business, Nyna Pendkar, Business
Honorable Mention – $2,000 – Vital Sensing Patch: An all-in-one, affordable vitals monitoring device that can be used anywhere. Thang Do, Biomedical Engineering, Haris Kum, Biomedical Engineering, Wynn Wiggins, Business – Entrepreneurship
Fan Favorite – $1,000 – MetaLingual: Virtual Reality experience containing servers of various 6D 360 immersive environments that promotes language learning that offers a real-life experience. Aiman Baig, Computer Science, Nihal Chaudhary, Language Studies, Haris Waqar, Electrical Engineering, Isa Ahmed, Business – Accounting, Samuel Lugo, Electrical Engineering, Zuhair Shaikh Computer Science
The Honorable Mention winning teams with Brian Rist 77, Manning School of Business; Chairman, Rist Family Foundation and Holly Lalos, Director, Rist DifferenceMaker Institute. Professional photo credit to Meg Moore.
To close off the night, Joseph Hartman, Provost and Vice Chancellor, Academic Affairs, UMass Lowell closed off the event. He mentioned a quote that Jeurys Santiago, CEO, Minds with Purpose, posted on LinkedIn after the Preliminary Pitch-Off – “I’m here today because I failed last year!” This showcases that if you put your mind towards working on your passions, hard work pays off.
Thank you to everyone who attended the 2022 10th Annual DifferenceMaker $50K Idea Challenge Finals! View photos from the event here.
On Wednesday, April 6, DifferenceMaker held its 10th Annual 2022 Preliminary Pitch-Off at O’Leary Library on South Campus. This year, 24 student teams got the opportunity to pitch their creative, innovative ideas to a panel of guest judges. Overall, 18 judges were a part of this event. At the end of the event, ten finalist student teams were announced and will be competing on April 13 at the 10th Annual DifferenceMaker Idea Challenge for a chance to win a portion of $50,000.
Jeurys Santiago, CEO, Minds with Purpose, a networking event platform and judge Marcus ’03 FAHSS, Founder, The Blochaus Gallery.
Congratulations to the ten finalist teams!
Amara Team members:Brandon Conceicao, Vision & Design; Adam Iskandar, Biology & Business Project Description: A social media platform with transparency and better algorithm.
Hoppers Team members: Alyssa Kennedy, Biology; Abigail White, Biology Project Description: A board game that supports the arts and fosters education, communication skills, and creativity for younger children.
Minds With Purpose Team members: Sammy Santana, Liberal Arts; Jeurys Santiago, Business Project Description: A networking platform with the aim of bringing together people of different professions, areas, and styles.
PEAK Performance Team members: Evelyn Duffy, Biomedical Engineering and Business; Mark Elman, Biomedical Engineering; Steven Evangelos, Biomedical Engineering; Matthew Martel, Exercise Science Project Description: A device [the PEAK Performance System] that assesses and corrects rotational misalignments between the pelvis and thoracic spine.
StockToMe Team members: Matthew Allen, Business; Matthew Kinash, Business; Jackson Sterrett, Business Project Description: A stock opinion community where anybody can post an opinion about a stock.
Tendren Team members:Ethan Block, Biomedical Engineering; Amie Russell, Biomedical Engineering; Victoria Williams, Biomedical Engineering Project Description: A wireless pulse oximeter combined with an ECG and blood pressure that tracks a patient’s vitals while in the waiting room
ThermoEXA Team members: Ariel Pena-Martinez, Computer Engineering; Grissel Cervantes-Jaramillo Project Description: Intelligent and personalized indoor temperature control through unique biometrics recognition.
UMass Lowell Japanese Student Association Team member:Mina Lam, Business Project Description: An organization dedicated to promoting greater awareness of Japanese culture through general meetings, social media, and collaborations with UML clubs.
USuccess Team members: Kaitlyn Catron, Business; Kyle Knapp, Business; Anna Kouadio, Business; Mikaela Murphy, Business; Nyna Pendkar, Business Project Description: A program to help individuals’ financial situations through education.
Vital Sensing Patch Team members: Thang Do, Biomedical Engineering; Haris Kum, Biomedical Engineering; Wynn Wiggins, Entrepreneurship Project Description: All-in-one vital monitoring device, that will be affordable to consumers and can be used anywhere.
Team USuccess providing a brief pitch of their financial literacy program to everyone in the audience.
DifferenceMaker would like to extend a special thanks to the guest judges:
Janet Benvenuti ‘77 ‘82, Kennedy College of Sciences. President and CEO, Circle of Life Partners
Brenda Maille ‘78 ‘78, Kennedy College of Sciences and College of Fine Arts, Humanities and Social Sciences. Principal/Attorney, Law Offices of Brenda Maille
Glenn Morgan ‘86, College of Fine Arts, Humanities and Social Sciences. Chief Operating Officer and Chief Financial Officer, FUSEIDEAS
Don’t forget to stop by the 2022 $50k Idea Challenge on April 13th from 5:00 to 8:30 p.m. in University Crossing, Moloney Hall, Room 260 to see the finalist student teams pitch their ideas!
Semi-finalist teams attended this session to learn about delivering their rocket pitch for the Preliminary Pitch-off on April 6th. At this event, teams have a chance to advance to the $50,000 Idea Challenge Final event. The semi-finalist teams who will be pitching at the Preliminary Pitch-off are:
404! – Team members: Madhav Makadia and Kofi Kissi Project Description: A dating app for fitness-focused people.
Amara – Team members: Adam Iskandar, Krishna Kanagarayer, and Brandon Amara Project Description: A social media platform with transparency and improved algorithms.
BLACK – Team member: Kristin Kihara Project Description: A magazine line that highlights black creators.
Cerebrum – Team members: Solomon Enowmanyi, Linnea Zagaeski, Xiomara Matathias, and Bahara Hussaini Project Description: A peace and conflict resolution program.
ChainBlock – Team members: Hirschfield Ssozi and Aymaan Shaikh Project Description: A blockchain-based banking system like cryptocurrency.
DataMiNation – Team members: Kanan Asif Project Description: Free training programs on hard skills and professional skills for young people who cannot afford to learn from other paid sources.
Draw a Print – Team members: Daniel GermanGeorge, Jonathan Aguilar, Philopater Askander, Theresa Foley, Ruolin Zho, and Yibo Li Project Description: A 3D printing tool that facilitates training both in industry and academia.
FC Pack Design – Team member: Felix CarpioDelRosario Project Description: A backpack to help ease weight and help the realignment of the spinal cord and back.
Gotham – Team member: Kamal Norford Project Description: Improving and refurbishing automotive technology.
Hoppers – Team members: Abigail White and Alyssa Kennedy Project Description: A board game that supports the arts and fosters education, communication skills, and creativity for younger children.
Innovation X Industries – Team members: Joshua Saunders, Rowan Trotter, Ryan Baker, and Nathan Savoie Project Description: An innovative pipe shut-off system for a smarter home to conserve water after a pipe burst.
Insulated and Shock Absorbent Foam 3D Printed Covers – Team members: Karun Kalia, Ninad Khadse, and Shallal Alshammari Project Description: Foamed and flexible insulated covers for cell phones to minimize battery drainage in cold weather conditions.
MBM – Team member: Elyas Irankhah Project Description: A system designed to anticipate the appropriate time for injecting F-8 in hemophilia patients.
MetaLingual – Team members: Aiman Baig, Haris Waqar, Zuhair Shaikh, Samuel LugoMedina, and Isa Ahmed Project Description: Virtual Reality experience containing servers of various 6D 360 immersive environments.
Minds With Purpose– Team members: Jeurys Santiago, Jennifer Lerman, and Sammy Santana Project Description: A networking platform with the aim of bringing together people of different professions, areas, and styles.
PEAK Performance – Team members: Steven Evangelos, Matthew Martel, Evelyn Duffy, and Mark Elman Project Description: A device [the PEAK Performance System] that assesses and corrects rotational misalignments between the pelvis and thoracic spine.
Rune World – Team members: John Doherty and Linnea Zagaeski Project Description: A board game designed around helping children with autism improve their social skills.
Speakup – Team member: Matheus Perazolla Project Description: A platform/app which provides English classes focused on immigrant necessities and needs.
StockToMe– Team members: Matthew Kinash, Jackson Sterrett, and Matthew Allen Project Description: A stock opinion community where anybody can post an opinion about a stock.
Study Meet – Team members: Solomon Wambuzi, Gissel Bonilla, Brendaliz Cabada Morel, and Ester Rosario Project Description: An application that focuses on benefiting students that feel left out of the college experience.
SunGum – Team members: Chris Behm, Andrew Bernard, and Nolan Buckley Project Description: Chewing gum fortified with vitamin D to combat vitamin D deficiencies and seasonal depression.
Tendren – Team members: Ethan Block, Amie Russell, and Victoria Williams Project Description: A wireless pulse oximeter combined with an ECG and blood pressure that tracks a patient’s vitals while in the waiting room.
ThermoEXA – Team members: Ariel Pena-Martinez, Mohamed Martini, Gerardo Gomez Perez, and Grissel Cervantes-Jaramillo Project Description: Intelligent and personalized indoor temperature control through unique biometrics recognition.
Trade Bozz Investment Corp. – Team members: Toney Benny and Sebastian Pascal Project Description: A financial literacy platform focused on helping Gen Z and Millennials build wealth via the stock market.
Traffic Lighthouse – Team member: Alexa Grazio Project Description: A portable traffic light that can be placed on top of 18-wheeler trucks to alert cars.
UMass Lowell Japanese Student Association – Team member: Mina Lam Project Description: An organization dedicated to promoting greater awareness of Japanese culture through general meetings, social media, and collaborations with UMass Lowell clubs.
USuccess – Team members: Nyna Pendkar, Mikaela Murphy, Anna Kouadio, Kyle Knapp, and Kaitlyn Catron Project Description: A program to help individuals’ financial situations through education.
Vital Sensing Patch – Team members: Wynn Wiggins, Thang Do, and Haris Kum Project Description: An all-in-one vitals monitoring device, that will be affordable to consumers and can be used anywhere.
Then, Professor Cathy Levey opened and discussed the content that should be addressed during the DifferenceMaker pitch presentation: the problem, opportunity, solution, needed resources, as well as being prepared for judge questions. She also spoke about additional considerations to look out for during and after the rocket pitch session.
Professor Cathy Levey speaking about introducing your solution to the judges.
Afterwards, Rick Sherburne spoke about the challenge of presenting an idea. To tackle this, he discussed being confident and sharing your topic with lots of energy and passion. In addition, he mentioned the reasons why people struggle with stage fright. Self-consciousness in front of large groups, past failures, and fear of being nervous are a few examples. He also talked about having relevant pictures on each slide, as well as limiting the words per slide, which helps keep the audience engaged.
Rick Sherburne speaking about the challenge of presenting the idea.
Mr. Sherburne also facilitated an engaging activity where the students were encouraged to stand up and say “oh” to various scenarios. This allowed the students to see how tone changes based on the scenario you are in. For example, the volume and tone used is different when looking at an infant versus seeing a win at a sporting event.
Students standing and being engaged during the “oh” activity.
To conclude the night, Professor Kevin Willett highlighted examples of past student team presentations, such as III Point Stick. This allowed students to compare what they just learned to an actual pitch presentation that occurred. Students can watch and learn from other past pitches that are on the DifferenceMaker YouTube page, which can be utilized while practicing for the Preliminary Pitch-off.
Professor Kevin Willett discussing the skills utilized during past student team presentations.
Thank you to everyone who attended Workshop 4! Good luck to all teams pitching at the Preliminary Pitch-off on April 6 at the O’Leary Library, Mezzanine. Register for the Preliminary Pitch-off here.
Additionally, the 2022 10th Annual DifferenceMaker $50,000 Idea Challenge will take place on April 13 at University Crossing, Moloney Hall, Room 260. Register for the $50,000 Idea Challenge here.
On Thursday, February 24th, DifferenceMaker held Workshop 3: Developing Business Models and Solutions in Lydon Library, Room 110, North Campus, from 5:30 – 7 p.m. This session helped student teams who applied to the $50,000 Idea Challenge to focus on their idea’s solutions by piecing together their business models.
To kick off the night, Holly Lalos, Director, Rist DifferenceMaker Institute welcomed everyone. She then provided students with information on submitting their Idea Plan, announcements for semi-finalists, and reminders to schedule a meeting for one-on-one coaching with mentors. Then, she introduced the guest presenters for the night, who were Professor Carter Keough, Francis College of Engineering, and Tom O’Donnell, Senior Director, Innovation Initiatives.
Professor Keough started off by providing examples of companies such as Gillette, FedEx, Zipcar, and Pill Pack. Each are successful companies in their own way, all from various industries in today’s market. For example, Gillette makes their profit by selling cheap razor handles that go along with expensive, high quality razor blades that attach to them. This allows customers to stay loyal to their brand, as they need to continually purchase the specific Gillette blades that fit to the handle that they already own.
Professor Keough explaining the various types of business models, and how each one is unique towards their specific industry.
Then, Mr. O’Donnell went further in depth and explained the multiple components needed to have a successful business model. He discussed factors such as the new venture timeline and each component of the business model canvas, such as customer segments, value proposition, revenue streams, and more. This allowed students to think deeply about details that will drive their ideas to success in the real world.
Mr. O’Donnell explaining how a product/service needs to have a market fit.
After the detailed lessons, the guest presenters encouraged students to work on their business models and solutions. They utilized business model canvas poster boards and solution worksheets to assist with this process. A business model canvas glossary was also provided to each student to help refresh their memory on the information that was provided. DifferenceMaker mentors Ryan Berube, Vice President, Commercial Loan Officer, Lowell Five and Steve DeVries, FocalPoint Certified Business and Executive Coach, FocalPoint Coaching walked around and further helped guide students towards creating a well-developed Idea Plan.
Students working with each other on their business models correlated with their ideas and solutions.
Thank you to everyone that joined DifferenceMaker for Workshop 3! If you are interested in learning how to further develop your project for the $50,000 Idea Challenge, recruiting new team members, and gaining new skills, please register for the final workshop this semester. Dinner will be served!
On February 22, 2022, DifferenceMaker held the second workshop series session to prepare students for the $50,000 Idea Challenge this semester. The topic addressed was assessing opportunities and value proposition.
To start off the event, Rist DifferenceMaker Fellow David Vatalaro opened by providing a brief recap of what occurred during the first workshop session, which highlighted identifying problems. Then, he introduced the guest presenters for the night, which were Professor Brent Shell, Zuckerberg College of Health Sciences, and Professor Neil Shortland, College of Fine Arts, Humanities, and Social Sciences.
Rist DifferenceMaker Fellow David Vatalaro providing a shoutout of the faculty fellows who are available to mentor and support students on their ideas.
After the introduction, Professor Shell mentioned that while our ideas seem incredibly valuable to us, it may not be the case for potential customers and buyers. He provided the example of pickle toothpaste, which is unique to him. However, at the end of the day, no one ends up purchasing it. Assessing opportunities is important because it allows you to see if it is worthwhile creating the product before it is too late. If there are no willing buyers, the product does not fill a customer need or add enough value. Therefore, market research is imperative.
Professor Shell assisting students with their project’s opportunities.
Then, students were given time to write down their opportunities on the “target market opportunity” and “competition opportunity” worksheets. DifferenceMaker mentors Ryan Berube, Vice President, Commercial Loan Officer, Lowell Five and Steve DeVries, FocalPoint Certified Business and Executive Coach, FocalPoint Coaching walked around and further helped guide students with this process. After some time on this, students presented their work to the audience, receiving feedback from the presenters.
Mentor Ryan Berube providing advice to students working on a cost-effective solution for EpiPens.
Then, Professor Shortland presented the importance of value propositions. A value proposition demonstrates how a potential solution provides more value than what competitors are currently offering. Students broke out into groups again to work on their value propositions on poster boards, then were given the chance to share their ideas with the audience.
Professor Shortland presenting on how benefits must outweigh costs to be beneficial to you and your customers.
Thank you to everyone that joined DifferenceMaker for Workshop 2! If you are interested in learning how to further develop your project for the $50,000 Idea Challenge, recruiting new team members, and gaining new skills, please register for the upcoming workshops. Dinner is served at each session, which all take place from 5:30 – 7 p.m. at Lydon Library, Room 110, North Campus:
On February 17, from 5:30 – 7 p.m., the Rist DifferenceMaker Institute held the semester’s first workshop session! The focus for Workshop 1 was on identifying problems. Over 35 students attended to learn and network with students interested in pursuing their ideas for the $50,000 Idea Challenge.
To start off, Holly Lalos, Director, Rist DifferenceMaker Institute welcomed everyone. She provided a brief overview of the DifferenceMaker program, what to expect from the workshop series, and the agenda for the evening. She then introduced the Faculty Fellows guest presenters: Professor Mazen El Ghaziri, Zuckerberg College of Health Sciences, Professor Tom Wilkes, Kennedy College of Sciences, and Professor Rae Mansfield, Honors College.
Next, Professor El Ghaziri presented the definition of problems. He opened a Slido poll that allowed students to share what comes to mind when they hear the word “problem”. This created a brainstorming discussion, helping students figure out what they are trying to solve.
Professor El Ghaziri asking students what comes to mind when they hear of the word “problem”.
Shortly after, Professor Wilkes extended the talk by showcasing examples of problems presented by past DifferenceMaker student teams. Videos of their pitches were provided to give students clarity on how to move forward. For example, a team that was highlighted was the CAT Mat pitch, presented by students Katie Muise and Michelle Mailloux, both from the Zuckerberg College of Health Sciences. The problem they identified is the inability for patients to practice relearning how to walk. Going outside to do so isn’t the safest option, while staying indoors does not fully prepare patients to go back to the real-world.
This is an example of a team who worked diligently during their time at DifferenceMaker, as they ended up winning first place against teams such as Harvard and MIT during the Beantown Throwdown competition in 2019!
Professor Wilkes presenting to students on the key points to highlight while presenting the problem being addressed.
Then, a brainstorming activity took place where students were able to discuss the problems they are looking to solve with each other. Along with the guest presenters, DifferenceMaker Faculty Fellow Kevin Willet, Manning School of Business, and two DifferenceMaker Mentors, Steve DeVries, Business Coach, Focal Point Coaching, and Ryan Berube, Vice President, Commercial Loan Officer, Lowell Five, assisted with this process.
This allowed students to network with one another and gain new connections for potential teammates. Each person/group utilized the “DifferenceMaker Problem Toolkit Worksheet” to help with narrowing the specifics of the issue at hand.
Students networking with each other and solidifying the problems they are working to solve!
Afterwards, students presented their ideas to everyone. The problems ranged from a variety of topics, such as unaffordable Epipen injectors, vitamin D deficiencies, lack of information about personal finances, and more.
Team USuccess sharing the problem of the lack of knowledge regarding personal finances in today’s world.
If you are interested in learning how to further develop your project for the $50,000 Idea Challenge, recruiting new team members, and gaining new skills, please register for the upcoming workshops. Dinner is served at each session, which all take place from 5:30 – 7 p.m. at Lydon Library, Room 110, North Campus:
Workshop 3 – Developing Business Models, February 24 Guest speakers: Professor Carter Keough, Francis College of Engineering and Tom ODonnell, Executive Director, Innovation Initiatives
Workshop 4 – Delivering Your Rocket Pitch, March 17 Guest speakers: Professors Cathy Levey, FAHSS and Kevin Willett, Manning School of Business, and Rick Sherburne, Pitch coach and CEO, Sherburne Communications
