...Changing The World

Michelson Entrepreneurship Award [Wharton].

Project Description

Grantee Year Business Plan Competition Winner
Beneficiaries Wharton UPenn 2016 Michelson People’s Choice Award ($3,000) BioCellection
2015 ThirdEye
2014 PhaseOptics
2013 MacuLens
2012 Michelson Grand Prize ($30,000) RightCare Solutions
2011 Stylitics
2010 Michelson Grand Prize ($20,000) Cortical Concepts
2009 NIR Diagnostics
Grantee Beneficiaries Wharton UPenn
Year Business Plan Competition Winner
2016 Michelson People’s Choice Award ($3,000) BioCellection
2015 ThirdEye
2014 PhaseOptics
2013 MacuLens
2012 Michelson Grand Prize ($30,000) RightCare Solutions
2011 Stylitics
2010 Michelson Grand Prize ($20,000) Cortical Concepts
2009 NIR Diagnostics

Grantee Beneficiaries Wharton UPenn
Year Business Plan Competition Winner
2016 Michelson People’s Choice Award ($3,000) BioCellection
2015 ThirdEye
2014 PhaseOptics
2013 MacuLens
2012 Michelson Grand Prize ($30,000) RightCare Solutions
2011 Stylitics
2010 Michelson Grand Prize ($20,000) Cortical Concepts
2009 NIR Diagnostics

Grantee Beneficiaries Wharton UPenn
Year BPC Winner
2016 Michelson People’s Choice Award ($3,000) BioCellection
2015 ThirdEye
2014 PhaseOptics
2013 MacuLens
2012 Michelson Grand Prize ($30,000) RightCare Solutions
2011 Stylitics
2010 Michelson Grand Prize ($20,000) Cortical Concepts

2009 NIR Diagnostics

The Michelson Medical Research Foundation seeks to drive technological innovation in the nation’s premier universities. Founder, Dr. Gary K. Michelson has a longstanding history of supporting university research and entrepreneurship.

University Research & Entrepreneurship Initiative

The Michelson Medical Research Foundation recognizes the need to support our next generation of leaders in business and research. Dr. Gary K. Michelson is a proud supporter of the Wharton Business Plan Competition. A year long platform, students and their teams collaborate to develop and launch their businesses with support from top business leaders. Three finalists receive more than $115,000 in cash with the overall leader earning $45,000 in cash and prizes. Thanks to Penn’s vibrant biotech community, many of the participants in this competition are involved in the sciences.

Dr. Gary K. Michelson has also supported the Business Association of Stanford Entrepreneurial Students (BASES). The student-run organization, established to support entrepreneurship education and innovation, encompasses a number of programs aimed at encouraging collaboration between student entrepreneurs and seasoned mentors.

And, in collaboration with the MIT $100K Entrepreneurship Competition, Dr. Gary K. Michelson supported over $350K in prizes given to aspiring entrepreneurs through participation in a series of three contests: the Pitch Contest, the Accelerate Contest, and the Launch Contest. The program, now in it’s 24th year, brings together a network of resources aimed at guiding participants through the process of creating a new venture.

Wharton Business Plan Competition

Not just ideas – The Wharton Business Plan Competition (WBPC) is a comprehensive platform, spanning the entire academic year, that helps student entrepreneurs and their teams develop and launch their businesses, and provides a network for brainstorming, feedback, and future business opportunities. Participating teams develop their ideas with guidance from top business leaders who serve as mentors and judges. After three rounds of competition, the top three finalists receive national press attention and share more than $115,000 in cash and in-kind prizes to help them jumpstart their businesses. The Grand Prize winning team will walk away with The Perlman Prize (made possible through the generous support of Ellen Hanson Perlman and Richard E Perlman, W’68). The Perlman Prize carries a $30,000 cash prize and $15,000 of in-kind services.

History

The WBPC is among the leading global university-run business plan competitions. The WBPC was launched in 1998 by the Wharton Entrepreneurship Club and is now part of Wharton Entrepreneurship, which co-manages the event with a specially selected student management committee. The WBPC is open to all students at the University of Pennsylvania and, since its inception, has drawn over 150 student teams annually, comprising nearly 400 participants from Schools across the University of Pennsylvania.

Venture Finals

The Venture Finals is the culminating event of the Wharton Business Plan Competition. It is the signature opportunity for the Wharton Business Plan Competition’s Great Eight Finalist teams to present their business plans to distinguished judges who will award prizes. The Venture Finals is a great event for the entrepreneurial community, bringing students together with angel investors, venture capitalists, Wharton alumni, entrepreneurs, and others from the entrepreneurial business community.

Following the formal presentations, there is an Elevator Pitch Competition. While the judges deliberate Grand, Second and Third prizes, each Finalist team delivers a short Elevator Pitch on their business concept. Based on these pitches, the audience selects the winner of the Michelson People’s Choice Award.

MMRF Beneficiary

Related Links

Michelson Entrepreneurship | An attendee casts a vote during the Elevator Pitch Competition for the Michelson People’s Choice Award on Thursday, May 1st 2014. (Credit: Wharton School)

An attendee casts a vote during the Elevator Pitch Competition for the Michelson People’s Choice Award on Thursday, May 1st 2014. (Credit: Wharton School)


Michelson Entrepreneurship | Michelson People's Choice Award 2016: Biocellection- Jeanny Yao, Miranda Wang, Alexander Simafranca (Credit: Wharton School).

BioCellection won the $30,000 Perlman Grand Prize of the 2016 Wharton Business Plan Competition—as well as the Wharton Social Impact Prize, the Gloeckner Undergraduate Award, the Michelson People’s Choice Award, and the Committee Award for Most ‘Wow Factor,’ making them the first team in BPC history to win five awards. (Credit: Wharton School).


Michelson Entrepreneurship | ThirdEye won the 2015 Michelson People's Choice Award (Credit: Major League Hacking).

ThirdEye won the 2015 Michelson People’s Choice Award (Credit: Major League Hacking).

David A. Cohen, Wharton Business Plan Competition Judge [2013-04-24. Credit: Wharton School]

“We have been very impressed with the caliber of the entries to the WBPC from year to year. It really is an honor to learn about, evaluate, and support the innovative business and research initiatives pursued by the bright young entrepreneurs of today,” says David A. Cohen, a longtime judge.

David A. Cohen, Wharton Business Plan Competition Judge [2013-04-24. Credit: Wharton School]

“We have been very impressed with the caliber of the entries to the WBPC from year to year. It really is an honor to learn about, evaluate, and support the innovative business and research initiatives pursued by the bright young entrepreneurs of today,” says David A. Cohen, a longtime judge.

David A. Cohen, Wharton Business Plan Competition Judge [2013-04-24. Credit: Wharton School]

“We have been very impressed with the caliber of the entries to the WBPC from year to year. It really is an honor to learn about, evaluate, and support the innovative business and research initiatives pursued by the bright young entrepreneurs of today,” says David A. Cohen, a longtime judge.

David A. Cohen, Wharton Business Plan Competition Judge [2013-04-24. Credit: Wharton School]

“We have been very impressed with the caliber of the entries to the WBPC from year to year. It really is an honor to learn about, evaluate, and support the innovative business and research initiatives pursued by the bright young entrepreneurs of today,” says David A. Cohen, a longtime judge.

The Michelson Medical Research Foundation is a proud Platinum sponsor of the Wharton Business Plan Competition and benefactor of the Michelson Entrepreneurship Award thanks to the generous support of Gary K. Michelson and his wife, Alya Michelson.

The Michelson Medical Research Foundation is a proud Platinum sponsor of the Wharton Business Plan Competition and benefactor of the Michelson Entrepreneurship Award thanks to the generous support of Gary K. Michelson and his wife, Alya Michelson.

The Michelson Medical Research Foundation is a proud Platinum sponsor of the Wharton Business Plan Competition and benefactor of the Michelson Entrepreneurship Award thanks to the generous support of Gary K. Michelson and his wife, Alya Michelson.

The Michelson Medical Research Foundation is a proud Platinum sponsor of the Wharton Business Plan Competition and benefactor of the Michelson Entrepreneurship Award thanks to the generous support of Gary K. Michelson and his wife, Alya Michelson.

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