Tuesday, April 25, 2017

On-campus event for International Entrepreneurs

On  Wednesday, 24th May, Venture Development Center (VDC) at UMass Boston is hosting an event “Success Stories and Strategies for International & Immigrant Entrepreneurs, or, How to Make It as a Startup When All Odds Are Against You”, featuring our Global Entrepreneur in Residence (GEIR) program that creates a legal path for international entrepreneurs to launch high-growth startups in Massachusetts. 

We have two great panels with successful entrepreneurs that went through the program, sharing what they were able to achieve as part of the program, as well as VCs, immigration attorneys and serial entrepreneurs that understand the need for a startup visa. 

Here is a link to our event: goo.gl/nqJiWV

The event is free and targeting 100 international entrepreneurs.

Friday, April 21, 2017

The level of Entrepreneurship?

Nowadays many people call themselves an entrepreneur, but you may not know, there are different levels of entrepreneurship. Check this video, find out  which level you are and how can you be better!

5 Tips May Help You Become a Millionaire

Manny Knoshbin used to work at Kmart. A few decades later, and he become a millionaire. He shared 5 important tips that change his life.

Check the link you may become the next Millionaire.

Thursday, April 20, 2017

First Annual Haitian American Business Expo and Job Fair 2017

Be sure to check out the Haitian American Business Expo!  This event features people from Haiti, now living in Boston, and there will be many opportunities to network and apply for jobs!  Anyone from Haiti would be well off to attend this event, and support your fellow émigrés!  The below description has all the details you need:
  1. Where:  Reggie Lewis Track and Athletic Center, 1350 Tremont Street, Boston, MA
  2. When:  Sat, Jun 17, 2017, 11:00 AM – Sun, Jun 18, 2017, 7:00 PM EDT
  3. It’s free!
  4. Entrepreneurial workshops & seminars
  5. Network with hundreds of business owners and entrepreneurs

Tuesday, April 18, 2017

Leadership Learning Opportunity Available Through UMass Boston

Image result for true north compass

Do you dream of becoming a leader? Are you interested in reading up on best leadership practices, but don't know where to begin?

The Center for Collaborative Leadership has you covered!

Starting on May 3, an online series titled, "The Discover Your True North Fieldbook," will coach on ways in which you can be more authentic and become more self-aware with the guidance of six expert authors on these topics and more.

What: Center for Collaborative Leadership online webinar series "The Discover Your True North Fieldbook"

When: Wednesday, May 3, 1 p.m.-2 p.m.

Register & More Information: https://register.gotowebinar.com/register/6275940183718571267 

Introducing UMass Boston VDC Entrepreneur: Srinath Vaddepally

Srinath Vaddepally (India)

PhotoDisplaying RISTCALL_LOGO2 (2).png

Educational background :
Masters in Engineering Technology Innovation Management (E&TIM) and Electrical Computer Engineering (ECE) from Carnegie Mellon University

RistCall LLC www.ristcall.com, www.facebook.com/ristcall @ristcall

RistCall helps hospitals and nursing homes in providing better patient nurse communication using smart watches.

What sparked your idea?

Several years ago, I was hospitalized for a severe abdominal pain. It was 5 a.m. in the morning, and in pain, I was looking for call button, but I couldn't find it. I got out of my bed to help myself, only to fall. I pulled a button only to see nursing staff after 30 minutes. It was my understanding that patients in need couldn't call for help when away from their bed or after falling on ground.

Similarly, staff on the floor who are busy with other patients in their rooms, had no way to know or determine the nature of call or urgency of call leading to poor patient safety and experience outcomes.

I realized poor patient safety and experience outcomes are costing hospitals up to $4 billion through avoidable costs and cuts in reimbursements. Being a technical entrepreneur and graduated from entrepreneurial ecosystem (CMU), I decided to address this antiquated technology with wearable devices.

What is unique about it ?

Once you move the mold of the call button, which is connected to walls, into something like a wearable, it can handle a wider variety of patient safety and nursing workflow issues, such as fall detection, wander detection, hand hygiene compliance , patient / staff location services , patient bands, panic buttons, voice communication all with same device.

With wearable, we are challenging the status quo and modernizing healthcare to cut down costs and improve revenues. All this is achieved with 1/3 cheaper cost than any of the existing vendors in the market.

What type of audience are you targeting with it?

Currently RistCall is focusing on Acute care hospitals and Skilled nursing facilities.

When did you found it? 

August 2014

Co-founders, partners, employees:

Srinath Vaddepally : CEO & Founder
Ameya Bhat : VP of Product & Operations
Jean Marie : VP of Business Innovation & Strategy
Yicheng Bai : VP of Technology

Funders, investors so far:
To date, $500,000 has been raised from the following investors: Dreamit health accelerator, Zeroto510K accelerator, BenFranklin Technology Partners, CMU Open field entrepreneur fund, Cirquare LLC and friends and family

What have been the greatest challenges to your business’ success so far?

Introducing technology (wearables) into a highly regulated environment such as healthcare is always a challenge. We have to ensure FDA, HIPAA compliance as well it fits smoothly in to today's healthcare setting.

What have been your greatest achievements so far with your business?

Product development was finished a while ago. We recently introduced this into a nursing home for trials, and we have significant improvement in patient safety and experience. More than 70 percent of hospital re-admissions have been reduced and falls have been reduced by more than 30 percent.

What are your short-term and long-term business goals?

Short term : Be a leader in patient nurse communication industry

Long term: Be a leader in wearable patient care and staff workflow industry

How did you arrive at UMass Boston and the VDC?

I was introduced to UMass VDC founder William Brah by CMU center for innovation entrepreneurship directors Lenore Blum and Dave Mawhinney.

What advice would you give to aspiring entrepreneurs?

  • Confirm market need prior to product development. 
  • Recruit the team, who have passion for innovation and willing to work hard than just salary payments.
  • Understand that being an Entrepreneur is a lone journey. 
  • When in early stages, look for intellectual capital than financial capital

Thursday, April 13, 2017

Register yourself for the Boston Entrepreneurship of the Month!

BREAKTHROUGH: Women's Entrepreneurship Pitch Competition

Join in a celebration of women's entrepreneurship in the City of Boston and beyond as three high-potential founders take the stage and compete for $5,000, $2,500, and $500. The evening will kickoff with a keynote from Zoe Barry, CEO of ZappRx, who was named both to Inc's 30 under 30 list and to LinkedIn’s Next Wave of Top Professionals Under 35. Immediately following, three companies selected from a pool of growing startups participating in the WIN Lab accelerator program, will pitch their products and field questions from four esteemed judges.
Throughout the evening, audience members will have an opportunity to network and explore other startup ventures showcasing their companies. Indulge in learning about everything from bold black and white fashion to global communities of women travelers to technology companies connecting veterans to life-saving resources. Light food will be served and two local startup beverage companies will be there to happily fill your glasses, including Brazo Fuerte Brewing Company and Kuvee - the "new way to wine."