Scholarships at the Tariq Farid Franchise Institute

Fyzical Therapy and Balance Franchise Scholars

  • Value:​ $5,000 per year
  • Criteria: Must be located on the Wellesley campus during the academic year 24-25.
  • Program: Recipients are required to take part in programs and events offered by the Tariq Farid Franchise Institute and will be required to participate in efforts to advance Babson College and the Institute as thought leaders in the franchising space.
  • Apply: Separate application required.
  • Application Deadline: TBD
  • Scholarship Requirements: Commitment to the FYZICAL Scholarship program and participation in bi monthly meetings, events and a group project during the semester is required as part of the scholarship award. 

We will be offering 4 undergraduate and 4 graduate scholarships for the academic year 24-25.

The Fyzical Therapy and Balance Franchise Scholars are merit scholarships offered to current undergraduate and graduate students who have an interest in franchising as a possible career path, and others who have an interest in the field of franchising.

FYZICAL Therapy and Balance Scholarship Program

The FYZICAL Therapy and Balance Franchise Scholarship program offers merit scholarships to a diverse pool of current undergraduate and graduate students.  These scholars have an interest in and passion for franchising as a possible career path.  In 2022, we received 35 applications for this scholarship, including 25 undergraduate and 10 graduate students. Four undergraduate and four graduate students were selected out of the 35 applicants for the 2023-2024 academic year.

About the Company

FYZICAL Therapy & Balance Centers offers an exciting franchise opportunity for entrepreneurs, physical therapists, and current physical therapy practice owners. Their clinics provide a wide range of services in high demand, from physical therapy to balance and vestibular retraining, audiology, and beyond. Every day, they empower private practice owners to take control of their business and their life through knowledge, relationships, and support only available through FYZICAL.

We would like to thank the FYZICAL leadership team

and members of the board who made this scholarship possible and especially,

Brian Belmont – CEO of FYZICAL Therapy and Balance Centers
Bill Capraro – President of Cap Capital, FYZICAL franchisee
Eric Thompson – Chief Financial Officer, FYZICAL Therapy and Balance Centers
Scott Wendrych – Growth Development Officer, FYZICAL Therapy and Balance Centers
Stephen Spinelli, Jr. – President of Babson College

Meet the Scholars

Manraj Bains '24

Manraj Bains '24

Hometown: London, United Kingdom

Manraj Bains is an undergraduate student with a passion for quantitative finance and machine learning. He is the founder and CEO of Social Trade Inc., a social media platform uniting the finance community onto one platform.

Rodrigo Cavenecia MBA'23

Rodrigo Cavenecia MBA'23

Hometown: Lima, Peru

Rodrigo Cavenecia is a passionate entrepreneur: activator, achiever, and strategic thinker. He seeks to make a meaningful impact in the community while he jump-starts his career in Amazon and explores opportunities in franchising. He is married and just debuted as a father. He also loves playing the piano.

Kousalya Lanka MBA'23

Kousalya Lanka MBA'23

Hometown: Vijayawada, India

Kousalya Lanka has a franchise family business and is experienced in operations. She is passionate about creating employment opportunities for underprivileged women through expansion of her family business.

Shivam Lohiya MBA'23

Shivam Lohiya MBA'23

Home country: India

Shivam Lohiya has over 10 years of experience in the IT and Hospitality industry, driving initiatives across Business Strategy, Marketing Strategy, and Product Management.

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Mariaclara Ordonez ’24

Hometown: Miami, Florida

Mariaclara is a Colombian-American student at Babson College and would like to develop a career within the marketing or public relations sphere. Her academic journey and cultural background have ignited a passion for exploring the dynamic world of franchises, particularly due to the opportunities she perceives in South America. She is deeply motivated by the potential for growth and innovation in these sectors and is eager to contribute her skills and insights to make a meaningful impact.
Mateo Acosta-Rubio Headshot

Mateo Acosta-Rubio ’27

Hometown: Miami, Florida

Mateo Acosta-Rubio grew up surrounded by the hustle and bustle of the franchise environment. He was born just 8 years after the founding of CHURROMANIA®, his family's legacy brand, now the largest churro franchise in the world. Aside from his lifelong involvements in the company, Mateo founded Stuvi alongside his brother Tadeo in 2023, aiming to democratize music creation. At Babson Mateo remains avidly involved in his family's franchise, his start-up, and his scholarly activities within the college.
Namratha Narayanan MBA'23

Namratha Narayanan MBA'23

Hometown: Bangalore, India

Namratha Narayanan has over two years of experience in marketing—online and offline, developing brand partnerships and managing on-ground event experiences, primarily across the luxury and food and beverage sectors. She is hoping to start a venture in franchising, relating to the food and beverage and
hospitality industry.

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Nyaradzo Mapfumo ’24

Hometown: Harare, Zimbabwe

Nyaradzo is a full-time MBA student specializing in Business Analytics and Machine Learning. She is eager to contribute her skills and knowledge to the team. 
Rohit Pratapagiri '24

Rohit Pratapagiri ’24

Hometown: Shirley, Massachusetts

Rohit Pratapagiri is an undergraduate student at Babson College concentrating in Finance and Strategic Management. Focusing his future on a career in Corporate Finance, he has an interest in shifting to various career directions, including consulting or internal strategic positions with interests in franchising.

Sebastian Rosing Headshot

Sebastian Rosing ’25

Hometown: Miami, Florida

Sebastian Rosing, the founder of Loans Academy, is dedicated to transforming financial decision-making using AI. As an Entrepreneurship student, he has gained expertise in AI, startup management, lead generation marketing, crypto, and fintech, providing him with a unique perspective on innovation in today’s world. He is passionate about franchising, implementing the franchise model into his family business, and aspires to support innovative startups as a future venture capitalist.

Bam Sukamongkol '24

Bam Sukamongkol '24

Hometown: Bangkok, Thailand

Bam Sukamongkol is very grateful for this opportunity and hopes to learn a lot from the institute.

Tadeo Acosta-Rubio Headshot

Tadeo Acosta-Rubio ’24

Hometown: Caracas, Venezuela

Tadeo Acosta-Rubio has been involved with franchising since day 1, as he grew up learning from and working with his family business, CHURROMANIA®, which is now the largest churro franchise in the world. He also co-founded Stuvi with his brother Mateo in 2023, which aims to democratize music creation. Before Babson, he earned a BA in Entrepreneurship from the University of Miami. 
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Victor Berny ’24

Hometown: Merida, Yucatan, Mexico

Victor is passionate about bringing incredible brands to new markets.
Reina Yohoros ’24

Reina Yohoros ’24

Hometown: Panama City, Panama

Reina Yohoros currently studies entrepreneurship with a concentration in finance and accounting. She is really excited and grateful to be part of this amazing program and is looking forward to learning a lot about franchising.