Tag Archives: Women in Entrepreneurship

Introducing the Spring 2019 Cohort of Ladies First Founders

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On Tuesday afternoons, the Smith School’s executive board room is taken over by the second cohort of the Dingman Center’s Ladies First Founders program, a group of nine young women united by their experiences as female entrepreneurs. At the head of the room’s imposing conference table sits adjunct professor Sara Herald, MBA ’11, the Dingman Center’s Associate Director for Social Entrepreneurship and founder of the Ladies First initiative to get more women involved in entrepreneurship at UMD.

This year, the Ladies First Founders were paired with expert female mentors to help guide their entrepreneurial journeys. The theme of this year’s Ladies First initiative is centered around role models, and these successful women provide an inspiring template for the cohort to follow. Over the course of the semester, we’ll be catching up with these student founders to see how their venture ideas have progressed under the guidance of professor Sara Herald and their mentors.

Read on to learn more about the diverse group of female founders and businesses that make up the Spring 2019 Ladies First Founders cohort:

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Spotlight on Role Models at the Third Annual Ladies First Fall Dinner

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by: Megan McPherson, Events & Marketing Manager

The Ladies First Fall Dinner is the flagship event of the Dingman Center’s Ladies First initiative to expose more female students at University of Maryland to entrepreneurship. Each year, it attracts young women from all across campus for an evening where they can explore the unique challenges and strengths shared by women as they look to launch companies or lead them post-graduation. The third annual Ladies First Fall Dinner on November 1 in Van Munching Hall focused on “role models”, introducing a room comprised solely of female undergraduate students to two inspirational female founders in the cosmetics industry: alumna and serial entrepreneur Mary Schulman ’97, co-founder of PYT Beauty; and current student Brianna Queen ’19, founder of BEEQBOX and second place winner of the 2018 Pitch Dingman Competition. In a fireside chat moderated by associate director and Ladies First leader Sara Herald, MBA ’11, Brianna and Mary shared their inspiring founder stories and imparted valuable wisdom to 65 student attendees. Below are some of the recurring themes that both entrepreneurs touched upon during the discussion.

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An open letter to aspiring female entrepreneurs

By: Julia Klein

Have you ever identified a problem and thought to yourself, “Someone should invent something that solves this?” Have you ever thought to yourself, “I have a better way of doing this?”

If you answered yes, you may not have realized it at the time, but you were thinking like an entrepreneur. Maybe you seized the moment and brought your idea to life but, more likely, you made an excuse for why being an entrepreneur wasn’t right for you. I know this because, before taking the leap and starting my business, I navigated through miles of these same excuses.

Let’s take a look at some of the most common objections raised by potential female founders:

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Female Fearless Founders Featurette

In honor of Smith Women’s Week, we would like to highlight some recent past and present female participants of our Fearless Founders student accelerator program. We are immensely proud to have worked with these young women and to have been given the opportunity to help them grow their startups.

 

East Habesha – Saron Asfaw
habesha

Saron Asfaw ’18 started East Habesha in our Idea Shell stage, where she won a $500 MVP grant from Capital One to build her startup. She is currently working on further improving her business as a member of the Spring 2016 Hatch cohort. East Habesha is a website that sells custom Ethiopian dresses and food spices to customers in the DC metropolitan area. There is a large population of Ethiopians in the DC metropolitan area and there are many vendors that supply these necessities. What differentiates East Habesha from its competitors is that the prices are low but the quality is high. We look forward to seeing East Habesha grow as it continues to gain traction in the community.

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Powering Women Entrepreneurs

By Elana Fine

Last Saturday I moderated a “Powering Women Entrepreneurs” panel at Forte Foundation’s annual MBA Women’s Leadership Conference. Over 450 current women MBA students from top business schools filled the conference hall wearing “Let’s Power Up” t-shirts while taking selfies with cutouts of powerful women leaders such as Smith School alumna Carly Fiorina, Oprah Winfrey, and Sheryl Sandberg.

The panel included three successful women entrepreneurs:

Tiffany Norwood, Serial Entrepreneur, Entrepreneur in Residence, Georgetown University

Arum Kang, Co-Founder and CEO Coffee Meets Bagel

Hillary Lewis, Founder and President, Lumi Organics

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L-R: Elana Fine, Tiffany Norwood, Arum Kang, Hillary Lewis

I quickly realized what an opportunity our panel had to inspire such a large crowd of impressive women at such an important inflection point in their careers.  As I told the crowd, my goal was for each of them to consider one entrepreneurial experience during their two years as MBA students. Continue reading

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Top 10 Reasons to Attend the 10th Annual Cupid’s Cup

The wait is almost over… the 10th Annual Cupid’s Cup business competition and Startup Showcase will be held this Wednesday, April 22 at The Clarice Smith Performing Arts Center. The Smith School of Business will host the competition in partnership with competition Chairman Kevin Plank ’96, founder & CEO of Under Armour.

There’s more than $115K in prizes on the line, and the finalists have been selected from some of the top student entrepreneurs in the world.

10001385_10152299454746897_640720858_nAs if you needed more incentive to be there, check out these 10 reasons to make sure you attend this signature #30DaysUMD event:
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