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Photo App Wins Berkeley Hass MBA Entrepreneurs Fellowship Award: MBA News
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Two MBA entrepreneurs from the University of California's Berkeley Haas School of Business have been awarded the school's new Hansoo Lee Fellowship for Entrepreneurs in order to develop a photo app that they have planned.
Winners Romi Elan and Charlie Hughes, both from the Berkeley Haas MBA class of 2014 were selected from 10 applicants, and will pursue their entrepreneurial venture over the summer, instead of a traditional internship.
The photo app, currently called 'Goalzy' and designed to help friends inspire each other in the pursuit of hobbies and interests, won the two MBA entrepreneurs US$5,000 each. The app will allow users to share photographs among small groups of friends with likeminded interests in order to inspire and encourage one another.
"We wanted to help people keep true to their promises to themselves," says Elan.
Fellowship to Aid Future Berkeley Haas MBA Entrepreneurs
New this year, the Hansoo Lee Fellowship for Entrepreneurs was created in order to honour MBA entrepreneur and alumnus of Berkeley Haas, Hansoo Lee, who passed away earlier this year after a 15-month battle with lung cancer. Lee's friends and Berkeley Haas MBA 2010 classmates Bhavin Parikh and Pejman Pour-Moezzi have raised US$63,000 so far for the fellowship, alongside Lee's fiancee Wendy Lim.
The fellowship will be awarded annually to Berkeley Haas MBA entrepreneurs who wish to pursue their entrepreneurial endeavours over the summer break in the form of an internship.