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      Lester Center

Berkeley Entrepreneurship Laboratory Start-ups Graduate

The Berkeley Entrepreneurship Laboratory (BEL) is a non-profit “incubator” available to UC Berkeley students and recent graduates, especially members of the Haas School’s MBA program that need a nurturing environment to develop their business ideas. It’s always with a great sense of pride and feeling of “job well done” when one of the tenants reaches the stage of growth that they can move into larger, more formal quarters.

We want to congratulate the following companies that have recently “graduated” from BEL.

World of Good. Winner of the 2005 Global Social Venture Competition and 2nd prize/People's Choice winners at the 2005 UC Berkeley Business Plan Competition, World of Good was founded by Haas MBAs Priya Haji and Siddharth Sanghvi, and is now out on its own with a continuing growth in sales for their fair trade items.

3Jam. Founded by Haas MBAs Andy Jagoe and Enlai Chu, 3Jam has developed a new form of text messaging that allows more than two people to participate in the message. The recent recipient of venture capital funding, the 3Jam founders have been able to “graduate” to a Silicon Valley address.

Revolution Foods. Begun by Kristin Groos Richmond and Kristen Tobey, MBA students who were leaders of the Global Social Venture Competition while at Haas, Revolution Foods’ mission is to improve the food and food service offered in public schools in an effort to curb the health issues now facing American youth. With funding from the Bay Area Equity Fund, Revolution Foods has been able to move from their pilot project and BEL into full production at their new headquarters.

Like Silicon Clocks, a BEL graduate that we featured in our last issue, we look forward to bringing updates on the growth of these young companies in the future.

 

 

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