MIDLAND, MI – A team from Northwood University’s Midland Campus has been chosen to join in the Michigan Clean Energy Venture Challenge, Prize Competition. There were 27 teams chosen from 71 teams that applied from 11 schools across the state.
By participating in this competition, teams will learn the skills needed to start a successful company through classroom and hands-on learning. The teams will also meet regularly with their on-campus mentors and venture capitalists plus have access to a microgrant program offering up to $2,500 for each team to move their business forward. This microgrant is provided by the Alden B. Dow Center for Creativity & Enterprise at Northwood University.
The Northwood University team, Vividim, is dedicated to developing a home automation system that intelligently and wirelessly controls the lighting in homes to save energy with the use of technology that is not currently available. The Northwood team student members are: Joshua Allen, a junior from Rhodes majoring in management information systems; Chad Dandron, a junior from Farwell majoring in management information systems; Madison Forsberg, a senior from Midland majoring in marketing; and Madison Pines, a senior from Troy majoring in accounting.
On the final day of the venture challenge, all participating teams will present their results and a few teams will be awarded additional prizes and investments up to $50,000. This six-month challenge is run by the University of Michigan Center for Entrepreneurship with teams participating from any Michigan college or university.
ABOUT NORTHWOOD UNIVERSITY
Northwood University is committed to the most personal attention to prepare students for success in their careers and in their communities; it promotes critical thinking skills, personal effectiveness, and the importance of ethics, individual freedom and responsibility.
Private, nonprofit, and accredited, Northwood University specializes in managerial and entrepreneurial education at three full-service, residential campuses located in southern Florida, mid-Michigan and northern Texas. Adult Degree Programs are available in eight states with many course delivery options including an online option. The DeVos Graduate School offers day, evening and weekend programming in Michigan, Texas, Florida and Switzerland. The Alden B. Dow Center for Creativity and Enterprise in Midland, Michigan, specializes in creative thinking and innovation development. International education is offered through study abroad and in Program Centers in Switzerland, China, Malaysia and Sri Lanka.