Innovation & Entrepreneurship News

Peter Thum '99 addresses the gun violence issue through his latest social venture, Liberty United.

Peter Thum '99

Start Me Up: Peter Thum ’99

With Liberty United, Peter Thum turns guns into social good

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NUVC

Something ventured, something gained

06/25/15 – Kellogg teams win big at 2015 Northwestern University Venture Challenge

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Carter Cast: Reflecting Before an Exit

06/18/15 – Wall Street Journal
Article written by Professor Carter Cast says that before contemplating prospectuses, entrepreneurs should step back and reflect on the emotional and psychological aspects of selling — whether through an IPO, to a private equity firm or to other third parties.

Student Leadership Awards

2014-15 Student Leadership Awards

06/09/15 – Ceremony honors students and faculty for lasting contributions to Kellogg community

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Opticent Health wins Northwestern University Venture Challenge

06/05/15 – Chicago Tribune
Opticent Health, maker of a non-invasive test for eye diseases, won first prize Thursday in the Northwestern University Venture Challenge, taking home $45,000. CEO Kieran Patel, a Ph.D., is pursuing a JD/MBA from Northwestern Law and the Kellogg School of Management. Professor Linda Darragh was quoted saying the competition’s interdisciplinary focus is a unique benefit of the program. Also reported in ChicagoInno.

Tope Folayan '01

Start Me Up: Tope Folayan ’01

06/03/15 – With MallforAfrica, Tope Folayan fortifies commerce in Africa

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Northwestern spinout gets $1.3 million

06/03/15 – Crain’s Chicago Business
FourKites, a logistics startup launched by a former Kellogg student, Mathew Elenjickal '14, and Arun Chandrasekaran has hauled in $1.3 million in funding. The Chicago-based company's software allows commercial shipping customers to track their freight in real time, using GPS devices that already are on more than 50 percent of all trucks. Also reported in the Chicago Tribune

Techweek100 announced for 2015, and there’s a notable change

06/02/15 – Chicago Tribune
The technology conference, newly led by CEO Katy Lynch, selected 164 innovators from 100 Chicago-area companies, including 55 women. That's just over one-third, up from 13 percent in 2014, when 18 women were added to a list of 142. Dean Sally Blount, Linda Darragh and Rob Wolcott were selected as part of the group.

Reunion 2015

Meeting the challenges of growth

05/06/15 – At the Reunion Brave Leader Panel, alumni and faculty discuss growth strategies and challenges

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George Garvin Brown IV: A family man rides the bourbon boom

05/01/15 – The Globe And Mail
Article quotes Professor Lloyd Shefsky on how Kellogg research showed family-controlled public companies have a 21 percent better return on investment on average compared with similar public firms that are not family businesses.

Jen Helms

Start Me Up: Jen Helms ’12

04/29/15 – Entrepreneur combines immersive learning with video games to teach other languages

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Wake Forest case competition

Best-case scenario

04/24/15 – Kellogg teams take top prizes in several competitions

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Where Are The Women In Venture Capital?

04/14/15 – Poets & Quants
Article quotes Professor Linda Darragh on the lack of female presence in the venture capital world, emphasizing that female entrepreneurs bring a unique understanding of certain markets and having women as partners at top venture capital firms can help diversify the markets those firms can invest in. She also mentions female involvement in Kellogg entrepreneurship courses and names specific women-led startups coming out of Kellogg.

Reinventing Mining

04/13/15 – IFC World Bank
Article interviews Mark Cutifani, the CEO of Anglo American on the Development Partner Framework, which is co-led by Anglo American and Kellogg Innovation Network. Cutifani talks about how the Framework is prompting the industry to listen to some of its harshest critics and how this new approach could drive shared economic, environmental and social value.

Do Assassins Really Change History?

04/10/15 – New York Times
Article co-authored by Professor Benjamin Jones talks about his recent research on how attempted assassinations of great leaders have impacted history. Research shows that deaths of autocrats tend to promote a path towards democracy, and failed assassination attempts can alter the course of history.

Why Northwestern's engineering school boasts so many startups

04/09/15 – Crain’s Chicago Business

Article talks about Northwestern’s Farley Center for Entrepreneurship and Innovation. The 10 startups Farley produced in less than a decade is worth more than $500 million altogether, including SiNode Systems, a technology startup founded by Kellogg alumni Samir Mayekar.

Henikoff, Achler close $28 million venture fund

04/02/15 – Crain’s Chicago Business
Article features Lecturers Troy Henikoff and Mark Achler and MATH Venture Partners, the venture fund that the duo created, and announced the close of the $28 million fund. The fund will be used to contribute to seed and Series A funding rounds for early and mid stage digital tech companies. Chicago Tribune also covered the story.

American Entrepreneurship Is Actually Vanishing. Here's Why

04/01/15 – Inc.
Article looks at the decline of entrepreneurship and startup creation in America but notes that millennials are primed for entrepreneurship. An informal Inc. survey of top business schools showed that interest in entrepreneurship programs are steady and in some cases growing substantially, and specifically calls out that enrollment in Kellogg entrepreneurship courses has more than doubled from 2011 to 2014.

Economist Innovation Forum tackles disruption among dinosaurs

03/26/15 – Chicago Tribune
Article quotes Professor Robert Wolcott, who served as a panelist discussing the current state of disruption in The Economist’s Innovation Forum in Chicago. There can be drawbacks in being too quick to release a new product or service because it's likely that the first idea is not your best idea, he said.

Executives' Club event: Divvy, Uber, 'brat kicking' and disruption

03/26/15 – Chicago Tribune
Article notes a panel moderated by Lecturer Dean DeBiase: “The Sharing Economy: Rise of the Collaborative Consumer,” at The Executives' Club of Chicago's Leadership Circle Program at Mesirow Financial. Panelists discussed the roles that disruption and crowdfunding sites such as Kickstarter play in the sharing economy.

David Rasho '07

Start Me Up: David Rasho '07

03/24/15 – Driven by data, how one entrepreneur beat the odds

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