WELLESLEY, Mass., Feb. 11, 2011 /PRNewswire-USNewswire/ -- Babson College first-year undergraduate students have launched 18 new businesses that they will operate through the end of their school year.
All first-year students are required to take the full-year FME (Foundations of Management and Entrepreneurship) course that introduces them to the nuts and bolts of inventing, developing, launching, managing, and liquidating a business.
Up to $3,000 in start-up money is available from the College, and all profits are donated to a charity chosen by the business.
Last year's FME businesses donated close to $26,000 and FME was recognized by the United States Association for Small Business and Entrepreneurship (USASBE) as the number one "Innovative Entrepreneurship Education Course" in the country.
The FME Business Fair will take place Tuesday, February 15th 4-6:00pm on campus. For more information, visit http://www3.babson.edu/babson2ndgen/Ugrad/ugradnewstudents/curriculum/fme.cfm
2011 FME Businesses
Beat Bomb is selling the Beat Bomb speaker - a revolutionary, portable mini-speaker that delivers extra-ordinary sound capacity. The Beat Bomb speaker weighs less than 1/5 of a pound and is less than two inches tall. Beat Bomb's unique capsule design offers customers a sleek and breathtaking way to experience sound outdoors, on the go, or at home.
BIBO offers Le Whif coffee and Le Whif chocolate products, revolutionary foods that the consumer breathes in. These products allow you to enjoy the taste and caffeine of coffee without the calories!
Boxers or Briefs
Boxers or Briefs sells Babson-themed boxers, briefs, and women's shorts in different colors and three sizes. Themes will include either the Babson logo or a signature catchphrase that relates to the college.
We sell collapsible water bottles that fold into the size of a fist that can fit into your pocket. Coollapsible water bottles eliminate unnecessary need for space and enhance ubiquitous sustainability by creating a drastic decrease in the use of disposable water bottles.
Data Bands are stylish USB wristbands that can be customized with names and logos and uploaded with information. Data Bands can be used for business and brand promotion.
An inexpensive, fast acting and effective alternative to caffeine intake. Each Everlast Energy Mint, Chocolate Buzz Bite, and Mint Chocolate Buzz bite has more caffeine than an entire cup of coffee with just minimal calories. It was developed to meet the needs of students, professors, and members of the Babson community who are lacking energy and attentiveness in their daily activities.
FineTouch Laptop Art
We sell protective laptop skins made from colorful scratch-art that gives you an opportunity to personalize and to draw your own creative designs. No artistic skills needed, but just a little imagination and a love for fun!
Foldtastic is an affordable device made of recyclable plastic that has been cut so that it folds in certain places, this allows anyone to always fold clothes quickly and more importantly, in a consistent and neat manner guaranteeing symmetric and neatly folded clothes the first time, and every time. Foldtastic folds into a mold like structure allowing clothes to be folded and pressed, eliminating the need for ironing. Foldtastic comes in four colors and two sizes, one size for adults and another for children's clothing. It is easy to store, lightweight, and only takes a couple of minutes to learn how to use.
GLOW seeks to provide its customers with fun alternatives to standard ice cubes and drinking straws. GLOW's unique products: Litecubes® and LiteStraws® are re-usable and light up using LED technology. GLOW also plans to offer the litesport® golf ball to its B2B customers. The litesport® golf ball lights up, cools drinks and is easily customizable.
Lil Biz Beaver
Lil' Biz Beaver sells Lil' Biz, a 9" tall stuffed animal beaver sporting the Babson Logo and name. This beaver can also be customized for individuals and organizations.
Memor-Key is an external flash drive that simplifies the data transferring process is in the shape of a silver key and has the memory capacity of 4GB.
OneCover is meant to provide convenience in quality products for iPhone and BlackBerry users who feel the need to integrate multiple personal possessions by offering a phone case that has a pocket for credit cards, ID cards, licenses etc.
The mission of Sunova Lenses is to provide stylish and durable sunglasses that allow each individual to express his or her personality. All products offer 400 UV protection, which blocks out 100% of UVA and UVB radiation. The sunglasses come in a wide array of colors and designs. Consumers may also choose to customize the arm of the sunglasses with the name or logo of an organization.
The PresenterPen is a pen, a 2 GB flash drive, and a laser point all in one. It fulfills all of your presentation needs in an efficient and compact way.
The Radioactive Group
The Radioactive group will provide students with a unique and creative way to express school spirit. We are selling glow-in-the-dark 3"x2" stickers of the letter "B" as well as wristbands with the saying, "Work Hard-Play Harder."
Whiteboard deals delivers great new deals to Babson students every month. Students can look forward to cool new deals coming out every month that features low prices and great quality. We also have brought innovation to the community service component of FME business experience through our special partnership with the Thomas E. Smith Foundation to cure paralysis.
Wicked College App
Wicked College App will be providing an event finding service for its users. It is accessible through the iPhone, Android, and Blackberry phones. It will find events at local colleges and clubs as well as local community service opportunities for its users. Promotional deals will also be offered through the application.
X-Charge provides a solution for Smartphone users who often run low on battery by selling rechargeable cases for iPhones and Blackberry's. X-Charge also sells detachable batteries that are easily stored until needed, creating convenient, portable and powerful battery solutions for Smartphones.
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.
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SOURCE Babson College