2015 2 Column Inner

2012

Dr. Charles H. Matthews was recognized for his 30-year affiliation with the Service Corps of Retired Executives (SCORE), a branch of the Small Business Administration. The Cecil B. Boatright award has been renamed the Dr. Charles H. Matthews Best Field Case Award to honor Matthews for his years of support, participation, distinguished service and dedication to SCORE.

The First Place 2012 winners in the Cecil Boatright Business Plan Competition in the undergraduate category were Mike Buettner, Matt Mino, Luca Romeo and Bradley Rossi, who developed a new venture plan for the launch of a fair trade retail store; Second Place winners were Jeffrey Beamon, Danielle Borman, Nicholas Miller and Meghan Yost, who constructed a strategic report for the local chapter of a national non-profit organization; and Third Place student winners were Michael Arnovitz, Teddy Douglass, Nicholas Radel and Leland Zerbe, who conducted research and developed proposals for an internet startup. The First Place 2012 Graduate winners were Alan Hagerty, David Hertlein, Nick LaGuardia and Doug Klekamp; Second Place winners were Carl Miller, Daniel Niergarth, Jordan Schlater, Juliet Christensen and Tyler Waddle; and Third Place winners were Katie Action, Andrew Beggs, Erica Stauffer, Steven Stein and Varsha Vitta.

Congratulations to Amin Shawki and William (Gage) Whitehead on each being selected as one of the five Student Marshals to represent the Carl H. Lindner College of Business at the All-University Commencement Ceremony on Saturday, December 15. Amin Shawki (BBA '12), a Kolodzik Business Scholar in the Carl H. Lindner College of Business at UC, is a double major in Marketing and Entrepreneurship, as well as an Information Systems minor. William (Gage) Whitehead (BBA '12), a Kolodzik Business Scholar (KBS) in the Lindner College of Business, is a double major in Entrepreneurship and Finance.

The University of Cincinnati and the Center for Entrepreneurship Education & Research, located in the Carl H. Lindner College of Business, recently announced the addition of a Graduate Certificate in Entrepreneurship. The certificate will allow UC graduate students to develop a specialized knowledge in the field of Entrepreneurship, including, but not limited to, small, entrepreneurial, and family owned ventures, across individual, corporate, and social entrepreneurship. The certificate will be appropriate for graduate students who seek to deepen their understanding of the multiple aspects of innovation, technology, and global aspects of new venture creation. The certificate encompasses 12 semester hours total (8 required and 4 elective semester hours).

Dr. Charles H. Matthews and doctoral candidate Diana Hechavarria were featured in The Cincinnati Enquirer on September 16, 2012 in the specialty section “College Connection.”  The article titled “Connecting with professors helps students move forward” speaks of the importance of connecting with professors and how those professional relationships can pay off at all stages of a student’s college career.  

Dr. Charles H. Matthews, Executive Director of the Center for Entrepreneurship Education & Research, continues to write for The Cincinnati Enquirer's business section regarding small business and entrepreneurship. His most recent article titled "Olympics Offer Lessons For Business" was published Sunday, August 12.

The Undergraduate Entrepreneurship & Strategy Business Case Competition is a rigorous classroom based undergraduate competition focused on business case analysis. The 2011-2012 1st Place winners were Michael Arnovitz, Teddy Douglass, Nicholas Radel, and Leland Zerbe and 2nd Place winners were Danielle Borman, Jeffrey Beamon, Meghan Yost, and Nicholas Miller.

The Center for Entrepreneurship is pleased to welcome Catalin Macarie, who will be teaching Essentials of Entrepreneurship (ENTR2001) for nonbusiness students this year. Essentials of Entrepreneurship is a core class for the UC|3 Certificate in Innovation Transformation. Macarie is Founder and Chief Technology Officer of Cat Creatives, a professional online marketing, web design and development company located in the Northern Kentucky/Greater Cincinnati area and serving clients locally and beyond.

Joshua Rudd, co-founder of Piola Shoes and Lindner College of Business 2012 Alum, along with the Center for Entrepreneurship Education & Research is featured in a video as part of UC's Research Virtual Tour. The virtual tour highlights specific academic programs and their real-world, applied research projects led or conducted by undergraduate and graduate students. Rudd's partner and cofounder, Antoine Burnier-Dechon, was an international student from the Audencia Nantes School of Management, a Lindner College of Business International Programs partner school in Nantes, France. Burnier-Dechon came to the Lindner College of Business for a study abroad course to complete his master's degree.

Starting with the new Fall Semester 2012, the Carl H. Lindner College of Business Student Action Team (formerly Tribunal) announced the re-branding and focus of the Bearcat LaunchPad, a unique business accelerator/incubator concept developed by and run by and for UC students. With tremendous support from LCB faculty members and from Dr. Charles H. Matthews and Dr. Thomas Dalziel of the UC Center for Entrepreneurship in particular, the student team developed a program focused on providing students from all majors an introduction to new venture creation and team building. The program will feature some of the most prominent entrepreneurial minds in Cincinnati and beyond who will share their experience and expertise with the groups.

The Greater Cincinnati World Affairs Council hosted an Innovation Summit and Mentoring Partnership with Young African Leaders in June 2012. The University of Cincinnati Center
for Entrepreneurship Education & Research Executive Director, Dr. Charles H. Matthews, spoke with the group on campus. This three-week professional development program welcomed more than 60 young African Leaders to the United States, and is sponsored by the US Government in collaboration with the Meridian International Center. The event opened in Washington DC, with some of the leaders travelling to Cincinnati and other cities in the US.

Charles H. Matthews, PhD, executive director of the Center for Entrepreneurship Education & Research at the UC Carl H. Lindner College of Business addresses myths and opportunities in manufacturing. The column was featured in The Cincinnati Enquirer on January 29, 2012. Past and future columns may be found at Entrepreneurship in Cincinnati.

UC students win at Health Idea Expo!  More than 140 ideas from Greater Cincinnati universities and the community were showcased at the Innov8 for Health Idea Expo at General Electric Aviation Learning Centre in Evendale, Ohio on December 2. One idea from University of Cincinnati students Pooja Kadambi, computer engineering, and Joe Lovelace, BSME ‘11, surfaced as a first-place winner. Their innovation, called the Ischiban, captured the attention of judges for its unique and pioneering stroke detection headband designed to save lives. They each received $1,000 to further the idea.

Charles H. Matthews, PhD, executive director of the Center for Entrepreneurship Education & Research at the UC Lindner College of Business addresses the importance and value of strategic planning in entrepreneurial ventures. This column was featured in The Cincinnati Enquirer on November 19, 2011. Past and future columns may be found at Entrepreneurship in Cincinnati.

On November 3, 2011, Charles H Matthews, PhD, professor and executive director of the Center for Entrepreneurship Education & Research in the Carl H. Lindner College of Business at the University of Cincinnati, was a featured guest on “This Morning,” a news radio program in Seoul, Korea. Matthews commented on the importance of boosting small and medium enterprises. Matthews was in Chengju, Korea to speak at the KASBS Fall Conference on Small Business and Entrepreneurship at the IBK Education Institute.  His talk was entitled, “Building an Entrepreneurial Ecosystem: The Role of Innovation Transformation, Academic, and Community Partnerships.”

UC Center for Entrepreneurship Education & Research director speaks in China on global entrepreneurship and the role of innovation. On October 24, 2011, at Zhejiang University in Hangzhou, China, Charles H. Matthews, professor and executive director, delivered the opening keynote address of the First World Zhejiang Entrepreneurs Conference Forum on Global Entrepreneurship, Transition, and Advancement. The title of Matthews’ address was “Global Entrepreneurship: The Role of Innovation Transformation.” Zheziang University, widely considered one of the top universities in China, partnered with ICSB-China, the newest affiliate of the International Council for Small Business (ICSB) to organize and deliver the conference.

A new certificate, Introduction to Innovation Transformation, was introduced for Spring Quarter 2012. It is the gateway course for the new undergraduate Certificate in Innovation  Transformation program called UC|3 for Create, Commercialize, and Change. The Certificate in Innovation Transformation has been designed to be highly accessible (it may be possible to earn the certificate just by taking BoK courses that are already required) and the certificate will appear on transcripts. The Intro course will focus on introducing the students to the certificate's infrastructure and foundational mission as well as developing their skills in collaboration, communication, team building and self-assessment.

The Entrepreneurship Club hosted guest speaker Ed Reynolds, Founder, Eagle Financial Services on Tuesday, April 10, 2012 at the Carl H. Lindner College of Business. Mr. Reynolds spoke to the Entrepreneurship Club and hosted a question and answer session immediately following.

Entrepreneurship Major and Student Athlete, Jordan Luallen, was named the winner of the Glenn Sample Award. The award, which honors the late Sample, who was a UC football captain in 1951 and a pillar of the Cincinnati community for decades after, is presented annually to the UC player who makes the biggest impact in the Cincinnati community through the year.

Rusty McClure, entrepreneur and New York Times best-selling author, shares Crosley Brothers Entrepreneurial Legacy with UC Students. McClure gave an exciting first-hand account of the entrepreneurial legacy of two of the most famous Cincinnati business founders, Lewis and Powel Crosley. He spoke to a packed room of UC Entrepreneurship students on May 14, 2012, in Carl H. Lindner Hall. McClure is the son of Ellen Crosley McClure, daughter of Lewis M. Crosley, the surviving direct descendant of the Crosley brothers. He spoke to a combined group of students in ENTR 705 Entrepreneurship and students from the UC Entrepreneurship Club.

Former Alum and Belmont University (Nashville, TN) Associate Professor of Entrepreneurship Mark Schenkel, PhD, received the United States Association for Small Business and Entrepreneurship (USASBE) President's Award for Outstanding Service. The award is in recognition for his outstanding leadership and service to USASBE, most recently serving as senior vice president of operations and planning on the USASBE Board of Directors. USASBE's mission is to advance knowledge and foster business development through entrepreneurship education and research. Dr. Schenkel received his BA in Psychology from the University of Cincinnati in 1995; his MBA in Management from Northern Kentucky University in 1999; and his PhD in Entrepreneurship and Strategy from the Lindner College of Business in 2005.

UC Center for Entrepreneurship Education & Research Advisory Board Members, Chris Downie, SparkPeople, and Bill Cunningham, The Cunningham Group, helped make the MobileX Cincy Conference a huge success. Cunningham served as one of the event coordinators and recruited UC alum Chris Downie, BBA '94, as one of the featured guest speakers. The Greater Cincinnati Venture Association, in conjunction with the NKU College of Informatics, hosted the MobileX Cincinnati day-long event to a huge crowd. It was a one day conference for entrepreneurs, investors, developers, corporate and industry professionals, and mobile enthusiasts that identifies opportunities, explores solutions and provides technical education in mobile and related industries.

Charles H. Matthews, PhD, executive director of the Center for Entrepreneurship Education & Research at the UC Lindner College of Business outlines common funding sources and ways to enhance financial planning to get a new business off the ground and on solid footing. Past and future columns may be found at Entrepreneurship in Cincinnati.

Joshua Rudd, BBA ’12, received the 2012 Outstanding Undergraduate Student in Entrepreneurship. Rudd, an entrepreneurship major, exemplifies the entrepreneurial spirit. He and fellow exchange student Antoine Burnier-Dechon launched Piola Shoes.

Charles H. Matthews, PhD, executive director of the Center for Entrepreneurship Education & Research at the UC Lindner College of Business highlights veteran-owned businesses and what their military training brings to the leadership table, in his monthly column to assist entrepreneurs. Past and future columns may be found at Entrepreneurship in Cincinnati.

Carl H. Lindner College of Business Professor Charles H. Matthews offers a tip on borrowing money from a friend. In a May 21, 2012 article in The Wall Street Journal, Matthews, PhD, executive director of the Center for Entrepreneurship Education & Research at the UC Lindner College of Business, says the best thing to do when borrowing money from someone we know is to put yourself in the lender's shoes to allay fears.

UC graduate entrepreneurship students took second runner up honors—and $3,000—at the 2012 Global Venture Labs Investment Competition May 2-5, 2012 at the University of Texas at Austin. New venture team Ischiban Neural Engineering Systems—comprised of graduate students Pooja Kadambi, BME ’11 MSE ’12; Ron Meyers, MBA ’10, MS-MKTG ’11, MS-ACCT ’12; Joe Lovelace, CEAS ’11; and Aaron Kurosu, DAAP ’11—pitched a business plan on a neural based system for electrical technology applications in medical (stroke detection), military, and commercial entertainment industries. Team Ischiban’s neural engineering products, Neuro-SensorTM and its accompanying Neuro-ControllerTM, are focused on the nexus of software and hardware needed to significantly shorten the time needed to detect strokes. The team also took home the award for Outstanding Market in their division. Deemed the Super Bowl of world business competitions and the country’s oldest for student entrepreneurs, the 29th annual competition pitted 40 teams from around the world to share in $135,000 start-up funding. Team Ischiban made it to the top three of 40 teams from around the world.

Professor Charles H. Matthews, executive director of the Center for Entrepreneurship Education & Research at the UC Lindner College of Business, presented a talk on experiential learning at Cracow University of Economics in Poland.  His talk, “Enhancing Research and Education Using Experiential Learning: The SBI Case Model,” was given in May 2012 at the Entrepreneurship, Family Business and Economic Development conference before a gathering of educators, practitioners and policy makers.  Matthews, who served as director of UC’s Small Business Institute® (SBI) program for 30 years, told conference participants that a best practice in business education is faculty guided; student based experiential field case learning.

Charles H. Matthews, PhD, executive director of the Center for Entrepreneurship Education & Research at the UC Lindner College of Business provides advice on how entrepreneurs can use technology use to their competitive advantage. Past and future columns may be found at Entrepreneurship in Cincinnati.

A group of UC graduate students won two top awards at the 21st Annual University of Oregon New Venture Championship (NVC) on April 5-8, 2012. The team—Pooja Kadambi, BME ’11 MSE ’12, Ron Meyers, MBA ’10, MS ACCT ’12, Joe Lovelace, CEAS ’11, and Aaron Kurosu, DAAP ’11—took first place honors and a $3,000 check in the Lighting and Trade Show rounds of the competition for their Ischiban Neural Engineering Systems invention. The Ischiban product is a neural based system for electrical technology applications in medical (stroke detection), military, and commercial entertainment industries. Ischiban’s neural engineering products, Neuro-SensorTM and its accompanying Neuro-ControllerTM, are focused on the nexus of software and hardware needed to significantly shorten the time needed to detect strokes. Teams are judged on their ideas, business plans, and pitches, as well as how fast they can adjust to feedback from various judges.

On Thursday, May 10, the UC Center for Entrepreneurship Education & Research presented the 2012 Entrepreneurial Stars on the Square Awards, at McCormick & Schmick’s Seafood Restaurant, Downtown Cincinnati. The annual gathering recognizes entrepreneurial achievement from a lifetime of accomplishment to those just beginning their entrepreneurial journey. The event was sponsored by First Financial Bank, a Launchpad sponsor, as well as Angel sponsors that include: KMK Law, Gold Medal Products, The Business Courier and West Chester Holdings.  As in prior years, the 2012 event recognized excellence and success in and outside the university, as well as those who have given back to the community. The 2012 honorees included: Lifetime Achievement: Richard D. Hannan, retired, Mercury Instruments, Inc.; Entrepreneurial Excellence: Carl Satterwhite, president, RCF Group; Entrepreneurial Excellence: Charles Stix, founder, Stixco; Distinguished Service: Elizabeth A. Edwards, founder, Metro Innovation; Emerging Faculty Entrepreneur: W. Keith Jones, PhD, UC College of Medicine. The 2012 propgram will also awarded scholarships, recognized student achievement and featured students just beginning their entrepreneurial journey.

Carl H. Lindner College of Business Professor Charles H. Matthews writes monthly column to assist entrepreneurs. Matthews, executive director of the Center for Entrepreneurship Education & Research at the UC Lindner College of Business, provides advice on how entrepreneurs can put together a killer pitch to convey their ideas to potential investors.

Diana Hechevarria, a PhD candidate in management and entrepreneurship in the Carl H. Lindner College of Business is part of a study of the sexes which reveals that when it comes to starting a business, women are more likely than men to consider individual responsibility and use business as a vehicle for social and environmental change. “We found that women are 1.17 times more likely than men to create social ventures than economic ventures and women are 1.23 times more likely to pursue environmental ventures than economic focused ventures,” says Hechevarria.  Hechevarria, along with co-authors Amy Ingram, Rachida Justo and Siri Terjesen, examined data on different start-up types (economic, social and environmental) on more than 10,000 individuals from 52 counties. Their research—“Are women more likely to pursue social and environmental entrepreneurship?”—is published as a chapter in the book "Global Women's Entrepreneurship Research: Diverse Settings, Questions and Approaches" recently released by Edward Elgar Publishing, Inc.

Pooja Kadambi, BME ’11 MSE ’12, Ron Meyers, MBA ’10, MS ACCT ‘12, Joe Lovelace CEAS ’11, Aaron Kurosu DAAP ’11, earned the R. Michael Pack Innovative Technology Award at the 23rd Annual Venture Challenge hosted by San Diego University Marcy 16-17, 3023.   The students pitched a business plan for Ischiban Neural Engineering Systems, a neural based system for electrical technology applications in the medical (stroke detection), military, commercial and entertainment industries.  Their product is an innovative stroke detection headband designed to save lives.

A team of three undergraduate students from the Carl H. Lindner College of Business placed third in the country in the National Small Business Institute® Case of the Year Competition.  Chris Foti, BBA ’11, James Willis, BBA ’12, and Jennifer Hacker, BBA ’11, created an experiential field case that helped Maria Walley, Corryville business owner of Daelia’s Biscuits for Cheese, create a marketing plan “that used mostly free advertising because she did not have a big budget for marketing,” Foti says.  Once students gained an understanding of her business and examined the competition, they put together a four-stage marketing plan that used social media to keep costs low. Students also helped Walley form valuable business partnerships, create advertising and make future recommendations on television commercials and eventual franchise creation.  The business plan impressed judges to land them a third place finish in the case competition and a trip to the awards luncheon at the SBI National Conference on February 18, 2012, in San Antonio Texas. Each student will receive a plaque to commemorate the achievement.

The 8th Annual UC Spirit of Enterprise Graduate Business Plan Competition awarded $20,000 in this year's venture competition. The competition was held on February 23 and 24, 2012 at the world headquarters of Cincom Systems, Inc. The University of Louisville team, Kentucky Chia, won the Cincom Spirit of Enterprise Champion award of $10,000, while the University of Cincinnati team, Ischiban Neural Engineering Systems, took 1st Runner Up honors and $3,000. Mr. Tom Nies, BBA '62, MBA '68, founder of Cincom, hosts the competition and furnishes the top prize of $10,000 for the Cincom Spirit of Enterprise Champion Award. Along with the top prize, the team also receives an automatic bid to the 2012 Venture Labs Investment Competition®. The UC graduate entrepreneurship student team, Ischiban Neural Engineering Systems—comprised of graduate students Pooja Kadambi, BME ’11 MSE ’12; Ron Meyers, MBA ’10, MS-MKTG ’11, MS-ACCT ’12; Joe Lovelace, CEAS ’11; and Aaron Kurosu, DAAP ’11—pitched a business plan on a neural based system for electrical technology applications in medical (stroke detection), military, and commercial entertainment industries.  Team Ischiban’s neural engineering products, Neuro-SensorTM and its accompanying Neuro-ControllerTM, are focused on the nexus of software and hardware needed to significantly shorten the time needed to detect strokes. The team also took 3rd Place in the Best Exhibits portion of the competition.

The University of Cincinnati today announced the establishment of the Bourgraf Professorship of Entrepreneurial Practice at the Carl H. Lindner College of Business. The new professorship, made possible by a $1 million endowment from Elroy and Elaine Bourgraf, supports the college’s Center for Entrepreneurship, recognized for its long tradition of supporting students’ entrepreneurial endeavors. The endowment specifically supports the center’s search for a proven entrepreneur to develop new opportunities for expanding the university’s reach in the new venture business community. “This enhancement to UC’s Center for Entrepreneurship will bridge the gap between classroom ideation and new venture commercialization,” said Lindner College of Business Dean David Szymanski. “Elroy and Elaine Bourgrafs’ success in building a now global company was born from a new business venture, so we are fortunate to have them as partners in this effort.”

University of Cincinnati students Pooja Kadambi, MSE ’12, Ron Meyers, MS ’12, Joe Lovelace, CEAS ’11, and Aaron Kurosu, DAAP ’11, co-founders of Ischiban Neural Engineering Systems, were among 12 semi-finalist teams in the 2012 Brown-Forman Cardinal Challenge Business Plan Competition at the University of Louisville on February 17 and 18, 2012.  Ischiban Neural Engineering Systems, a developer of neural based systems for electrical technology applications in the medical (stroke detection), participated as a new venture team in a high-energy opening round of this year’s Cardinal Challenge. The Cardinal Challenge is a prestigious competition with real-world opportunities and consequences designed to stimulate and reward innovative thinking and entrepreneurial persistence.

On February 5, 2012, Charles H. Matthews, management professor and executive director of the UC Center for Entrepreneurship Education & Research, will be the featured guest on “The Expert Access Radio Show.”  The weekly radio show—airing Sundays on 55KRC (WKRC 550, Cincinnati)—explores the science, hard work and hilarity of business. Matthews will provide an overview of the upcoming UC Spirit of Enterprise Graduate Business Plan Competition on Feb. 23 and 24, and talk about Ischiban, the Lindner College of Business team that will be competing. The future of entrepreneurship is a topic Matthews will also address as executive director the Center for Entrepreneurship Education & Research.

University of Cincinnati Carl H. Lindner College of Business professor is among three university faculty in the nation to receive a Leavey Award for excellence in private enterprise education from the Freedoms Foundation. Dr.  Thomas Dalziel was recognized at the March 2012 Freedoms Foundation award ceremony in Philadelphia.  Dalziel is assistant professor of Entrepreneurship and Strategic Management, Entrepreneurship Program Director for undergraduate students and incoming Small Business Institute director.  The Leavey Awards are bestowed amid a partnership between the Freedoms Foundation and the Thomas and Dorothy Leavey Foundation. Together, the non-profits annually recognize outstanding teachers for excellence in free enterprise and entrepreneurial education. The award is now in its 35th year.  Dalziel was selected for his design of the Undergraduate Field Case Consulting Program, where he supervises UC students in supporting local entrepreneurs and managers. He guides students in developing strategic plans, feasibility studies, financial analysis, market research and valuations for startups and established enterprises.

Charles H. Matthews, PhD, executive director of the Center for Entrepreneurship Education & Research at the UC Carl H. Lindner College of Business addresses myths and opportunities in manufacturing. The column was featured in The Cincinnati Enquirer on January 29, 2012.

Four UC students took an original idea and turned it into a new venture to win second place in the 2nd Annual Reality Check Crosstown Challenge Business Plan competition at Northern Kentucky University (NKU).  Team members Stephanie Albers, A&S ’12, Breeana Dixon, BBA ’12, Rosalie Giesel, BBA ‘12, and Krista Streckfuss, BBA ’11, created a patent-pending cell phone case equipped with a breathable pocket that emits an appealing fragrance via a replaceable trademarked scent card in the case. Giesel, Dixon and Krista are entrepreneurship majors; Albers is minoring in entrepreneurship.