BABSON TEAM WINS SHELBY CULLOM DAVIS FOUNDATION PRIZE FOR ENTREPRENEURSHIP & PHILANTHROPY
A team of Babson undergraduate students working for Measuring Success, a strategy consulting firm in Cambridge, has won first prize in the Shelby Cullom Davis Foundation nonprofit entrepreneurship competition, receiving an award of $2,500.
The winning MCFE (Management Consulting Field Experience) team members are: sophomoreGiancarlo Albertini, and seniors Ana Maria Delgado, Stephanie Falcon, Juliana Herrera,and Andrea L. Muguerza. Their Project Manager was MBA ’11 candidate, Aaron Stancik.
The team helped develop an integrated and holistic marketing strategy business plan for Measuring Success to create a clear brand identity in marketing materials, exposure in the field (conferences, articles, thought leadership), public relations, website, etc.
Measuring Success is a strategy consulting firm in Cambridge, Mass. that creates quantitative performance tools and models to help managers and boards enhance their organizational effectiveness in the nonprofit sector.
The runner up teams received $1,500 each. They are:
- Top Floor Learning Inc., a privately funded nonprofit corporation that provides a comprehensive program of adult literacy services. The team included seniors Christian Bracy, Nicholas Camillo, Jorge Enrique Del Pino, Kerry Liszka, and Project ManagerErica Hirsch, MBA ‘10.
- The Massachusetts Advocates Standing Strong, a nonprofit organization whose mission is to empower those with disabilities to improve and enrich their quality of life through education and action. Team members are Eric Shea, Alexander West, Jeremy Bhatia, Eric White, and Joseph Graves, all seniors, with Project Manager Jennifer Dipietro, MBA ’11.
The Shelby Cullom Davis Foundation has provided a $100,000 endowment to Babson College to encourage the application of entrepreneurship to nonprofit organizations. The Foundation established in 1962 was named for the late Shelby Cullom Davis, former United States Ambassador to Switzerland, entrepreneur, philanthropist, and chairman of the oldest and largest company specializing in insurance securities.
The endowment funds The Shelby Cullom Davis Entrepreneurship Prizes, awards presented annually during Babson's Celebrating Student Venturing Day (formerly Founder's Day) to the undergraduate student teams or individuals that completes the most successful Management Consulting Field Experiences (MCFE) or Entrepreneurial Field Study projects for a nonprofit organization.
Babson students competing for the award will receive mentoring support from graduate students who have faced complex business problems. Winners will be judged on different project attributes including their project's risk-taking, objectivity, persistence, vision, and feasibility in the marketplace.
The Management Consulting Field Experience (MCFE) links the business community with Babson College students through a management consulting team project. Each MCFE project is staffed by a team of three to five undergraduate students and one MBA project manager, with an objective to examine a real-life business situation. The assignments take place in a variety of business environments, which have included Fortune 500 companies, nonprofit, entrepreneurial ventures, and privately-held firms.
Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit www.babson.edu.