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News from the Babson College Community
February, 2009

In his first address to Congress, President Obama’s spoke about the vital role of entrepreneurs in the recovery of the economy: 
“The weight of this crisis will not determine the destiny of this nation. The answers to our problems don’t lie beyond our reach. They exist in our laboratories and universities; in our fields and our [...]

The Preserve Gimme 5 program gives shoppers a convenient drop-off location for containers often not accepted at municipal recycling centers. The program, created by MBA alum biz Preserve, the leading recycled products company, and offered through a partnership with Whole Foods Market, organic yogurt maker Stonyfield Farm, and Organic Valley, an organic, farmer-owned cooperative, launched [...]

Blank Center Director Trish Costello
discusses teaching of entrepreneurship
with Prof. Heidi Neck.
 
 
 
 
 
 
 
 
 
 

Energy Efficient Lighting Company (EEL Co.) supplies environment friendly compact fluorescent light (CFL) bulbs that last up to10 years.  EEL’s bulbs produce lower emissions, about 75% less energy than a standard light bulb. 
Customers can purchase these economical and environmentally friendly bulbs by visiting our website at www.eelbulbs.com or by contacting VP of Marketing, Mandy Bowman [...]

From left (standing): Coffee farmer Don Philberto, Fabian Lopez ‘09, Eric Drozdov ’10, Nohely Arteaga ’11, and Claudia Gutierrez ‘09; front: Jesse Diaz ’09 and Evelyn Spiegel ‘09
During winter break in January six Babson students spent eight days in Guatemala with math and sciences lecturer William Huss.
They got to put to good use the lessons [...]

Name of Business:  VendorBar (www.vendorbar.com) 
 
Mission: VendorBar is an online event planning service committed to making special events less stressful, easier to plan, and more about celebration.  The goal of VendorBar is to offer a comprehensive set of tools and features that will benefit both vendors and their potential clients.  The company will continually assess the [...]

Name of business: CUSTOM MADE VENTURES CORP, owners of CustomMade.com
• Mission: To connect Custom Woodworkers with customers in an online craft fair.
• Began Purchased in 1/2009
• Where: Boston, MA
• Founder: Michael Salguero, Mike@CustomMade.com, 857-233-5125
• Babson MBA student
• Employees: 15 Freelancers, Consultants and Advisors
• How The Idea Began: A friend and I were looking for a custom coffee [...]

Mission:
To provide communities with the utility technology packages to ensure the capacity for sustainability. These private technology spheres will provide a balanced risk portfolio for the investor and the utmost in alternative resource utilization for our society.
• Began in (year): 2008
• Revenues: $20,000/month; we mainly reinvest sweat equity back into the long term generating assets we [...]

GourmetGiftBaskets.com has been named the fastest growing internet retailer for 2008 by Internet Retailer.  Gourmet  grew web sales by 172.7% in 2008 to $12 million from $4.4 million in 2007.
Gourmet is also a new addition to the Internet Retailer Top 500.  For more details, please visit http://www.internetretailer.com/dailyNews.asp?id=29218.
For more information on Gourmet, which was established by [...]

Name of Business:  Body by Design
Mission: To improve our clients’ physical health and well-being through the highest quality personal training in a luxurious environment.  We hire only the best personal trainers who have a proven track record of not only achieving clients’ fitness goals but also creating a strong and lasting bond with the client.  [...]