Haas NewsWire

Haas NewsWire, April 24, 2000

The Haas School Expands Outreach to Underrepresented Youth
Intel's Gordon Moore Receives Entrepreneur Award Thursday
Haas Undergrads Take Second Place in International Case Competition
Celebrate the End of a Great Year at Haas
Day at Haas - the Admits of the Class of 2002 Come for a Visit
Faculty News
Haas in the News
Happening at Haas

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The Haas School's East Bay Outreach Project (EBOP) is taking a great idea and making it better. Utilizing $375,000 in new annual funding from the University of California Office of the President (UCOP) and statewide MESA (Math, Engineering, Science Achievement), EBOP's flagship program, Young Entrepreneurs at Haas (YEAH), is being expanded to include college prep work to help more underrepresented youth gain the academic skills necessary to be admitted to UC Berkeley.

The program is expanding in several areas. The number of youth served in the year-round YEAH program that starts in the summer will double from 40 to 80 and will now continue into a second year. A new Business, Economics, Technology Achievement (BETA) program will be piloted in one middle school and one high school serving 90 students. It is projected that the program will grow to 380 students in the next three years. EBOP' s programs serve students in the several East Bay school districts.

"The decade-long achievements of the Haas School's Young Entrepreneur outreach program have been appropriately recognized and rewarded by the new funding from university state-wide MESA program and the Office of the President," said Ray Miles, former dean and professor emeritus at the Haas School who has been an advisor and supporter of EBOP for many years. "Using MBA and undergraduate student mentors to help junior high and high school youth from the East Bay's less advantaged communities learn the rudiments of business and entrepreneurship is exactly what Haas is all about. The new funds will help us double the size of a program that we know leads most of its participants to continue their education at the college and university level."

Proof of the program's prior successes can be found right here on the UC Berkeley campus. Last year YEAH graduates Jesus Monroy, a graduate of Berkeley High, and Michael Turner, graduate of Kennedy High School in Richmond, received full incentive scholarships to attend UC Berkeley.

The program's goal is to provide a clear link between entrepreneurial success and academic skills, achievement, and advancement. "The hands-on program will serve eighth through twelfth graders. It gets kids excited about business and with new funding we are now able to offer a rigorous pre-college academic program," said EBOP's Director Roberta Joyner. "Haas student volunteer mentors will be helping youth strengthen their academics and chances to go to college, while working on their business plans."

The current crop of YEAH students will be giving their "elevator pitches" for their business plans to a volunteer venture capital board this Saturday, April 29, 2000. This year about 30 teenagers from Oakland, Berkeley, El Cerrito, Emeryville, and Richmond enrolled in the YEAH program and have built business plan concepts ranging from graphic design and pet shops, to imports, recording studios, athletic shoe sales, and retirement homes.

The venture capital board presentations mark the culmination of the year-long YEAH program, in which the youth attended a two-week intensive summer business camp, worked one-on-one with MBA students to develop their business plans in the fall, and worked on implementation and presentations during the spring. Awards range from $200, to defray college application costs, to up to $500 in seed grants for their ventures.

The YEAH program began in 1990 as a way to stimulate interest in business and entrepreneurship among youth in communities traditionally underrepresented in these activities, and to bring MBA students in close contact with local communities and their families. Haas MBA and undergraduate students serve as volunteer mentors and business coaches throughout the fall and spring semesters to the YEAH students.

The funding will allow Haas student mentors to assist youth with academic planning, sharpening test-taking and study skills, researching college opportunities, drafting compelling college essays, and identifying scholarships and financial aid resources. EBOP is developing new teaching modules that will cover topics including the stock market and global economy, academic excellence, and following the college-bound track. These modules will be used by the student mentors at Haas as well as by teachers at East Bay junior highs and high schools to supplement their curriculum. EBOP will also offer teacher in-service and development to 20 middle and high school teachers in special sessions at Haas.

The long-term plan for the expanded program is for it to evolve into a state-wide program. "The first objective is that this funding gives us the opportunity to serve a lot more kids - and that is good, " said Steve Davenport, BS 54, MBA 55, the EBOP advisory board chair. "The second objective is to put together a model that can be replicated across the state."

EBOP serves educationally disadvantaged youth that benefit from an academic outreach program that helps them increase their chances of becoming eligible and competitive to the University of California. These youth have been historically underrepresented at the university. "The youth outreach program reflects the strategic emphasis on entrepreneurship at the Haas School," said Dean Laura D'Andrea Tyson. "Based on an impressive track record of the Young Entrepreneurs, the new funding should further the overall efforts of the university to pursue academic advancement of educationally disadvantaged youth."

EBOP has been funded by numerous agencies, foundations, and individuals over the years. Most recently major funding has come from Barclay Simpson, The Kauffman Center, Richard J. Bertero Family, and the Roberts Foundation. EBOP has thrived under the guidance of the faculty advisor to the program, Professor Rich Lyons, and long-term strategic support from Professor Emeritus Ray Miles. For more information on EBOP and YEAH, contact Roberta Joyner at joyner@Haas.Berkeley.EDU.

The YEAH students' presentations will take place from 9:00 a.m. to 1:00 p.m. on Saturday, April 29, 2000, in the Wells Fargo Room at the Haas School of Business. For more information on this event contact Simone Figueroa (figueroa@haas) or MBA student coordinators Lauren Buggs (buggs@haas) and Oluwatosin Oduola (oduola@haas).

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The entire Haas community is invited to attend "An Evening Honoring Dr. Gordon E. Moore" on Thursday, April 27, at 6:30 p.m. Arthur Rock, a venture capitalist who has helped Moore several times in his career to raise the capital to pursue his innovative ideas, will host the evening with William Spencer, Chairman of SEMATECH and a long-time friend of Dr. Moore.

Dr. Moore is receiving the Lifetime Achievement in Entrepreneurship & Innovation Award, which is presented annually by the Lester Center to outstanding Bay Area individuals who have encouraged innovation, helped create successful entrepreneurial ventures, and through their success, example, and mentorship fostered the success of others. The evening will celebrate and honor the extraordinary achievements of one of the founders of the semiconductor industry and Silicon Valley.

"An Evening Honoring Dr. Gordon E. Moore" takes place Thursday, April 27, 2000, at 6:30 p.m. in the Arthur Andersen Auditorium. Registration is required. There are special rates for faculty and staff. For more information on the series, please visit our Website at http://www.haas.berkeley.edu/~lester/bef.html. If you wish to read more about this particular event, please go to http://www.haas.berkeley.edu/~lester/apr00.html.

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The Haas School has once again placed at a major undergraduate case competition. The undergraduate team representing Haas at the 2000 University of Washington (UW) Global Business Challenge Case Competition in Seattle brought home a second place win, knocking out the likes of Wharton in the first round of the competition. The first place team was from Escola de Administracao de Empresas de Sao Paulo.

Congratulations from the Haas community go out to team members Corey Assibey, Kevin Chang, Julia Chen, and Donny Chia and faculty/staff advisors Dave Robinson, Steve Etter, George Cluff, Dan Himelstein, and Annie Lai.

The team's efforts are helping to build a tradition of outstanding results for the Haas Undergraduate Program in worldwide case competitions. Undergraduate Program Director Dan Himelstein said, "Our record of placing 1st or 2nd in four of the six competitions we have entered is matched by no other undergraduate business program in the world, and we plan on maintaining that enviable status in the 2000-2001 academic year and beyond!"

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The 1999/2000 academic year was a great success, and now Dean Laura D'Andrea Tyson invites the entire community to come and celebrate at the end of the year party on Friday, May 5, from 4:30 to 6:30 p.m. in the Haas School Courtyard.

The recipients of the Cheit Teaching Awards, GSI Awards, MBA Service Awards, and Hayase Award will be announced. Also, the results of the 2000 MBA's Giving 101% and the Undergraduate Feed the Bear: Show me the Honey campaigns will also be announced.

Refreshments, appetizers, and Golden Pacific Brewing company beer will be served.

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The first "Day at Haas" event took place from April 13 to April 15. Sixty potential members of the full-time MBA program's Class of 2002 came from all over the country to get a taste of life at Haas. Highlights of the events offered to the admits included dinners at the homes of first-year students, a case study with Professor Paul Tiffany, a collaborative team-building exercise, and an alumni panel of five recent Haas alums. The goal of "Day at Haas" is give admits a chance to see if the Haas community is where they want to spend the next two years.

Like many Haas events, "Day at Haas" is student-run and student-executed. The organizers would like to thank all of the current students who helped out. The Haas Visitation Program team members are Steve Charfauros, Santiago Cilley, Lindsay Clarke, Ruthanne Feinberg, Dave Ko, Jinny Lee, Brisen Vannice, and Todd Wehmann. Day at Haas will be repeated on May 4 through May 6 for a second group of admits. For more details on the event or if you are interested in helping out, please contact Jinny Lee at jinlee@haas.berkeley.edu.

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After a nationwide search, Dan Himelstein has been reappointed as the Haas School's Undergraduate Program Director. Although Dan has been serving as the Director for two years, university policy required that the Haas School finally conduct the postponed nationwide search. "We are pleased that this nationwide search confirmed that Dan's selection two years ago was the right choice. Please join me in congratulating Dan on his reappointment," said Andy Shogan, associate dean for instruction.


Professor Matt Spiegel has decided to remain at Yale and, consequently, has resigned his position at Berkeley.

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In her regular column in Business Week titled, "The Most Important Vote Congress Will Cast This Year," in the May 1 issue, Dean Laura D'Andrea Tyson, explained her support of China entering the World Trade Organization and receiving Permanent Normal Trade Relations status from the US congress.

Kevin Brown, MBA 96, and director of marketing at Inktomi, was quoted in the May issue of Upside Magazine in an article about the success of search engines titled "Searching for Profits."

Dean Laura D'Andrea Tyson's name was mentioned in a Boston Globe article on April 24, as a very long shot prospect for receiving the Democratic nomination as vice president.

David Levine was in Bay City News on April 23. He was quoted on whether e-commerce will follow life cycle patterns of traditional businesses.

Dean Tyson was quoted in a USA Today article on April 21 titled, "Political Fortunes May Ride on Market's Health - 76% of Likely Voters now Have a Stake." Tyson commented that most people were more concerned about their income and their jobs, not stock market fluctuations.

EasyDiabetes, the winner of the Social Venture Business Plan Competition, was featured in the San Jose Mercury News on April 19.

Professor Severin Borenstein was quoted in the April 19 edition of the San Francisco Chronicle. In the article, "Gas Prices Decline Slightly", Borenstein explained how decreasing oil prices affect the gasoline market.

The article "Staff Being Inspired to Kick Butt and Have Fun" in the April 19 San Francisco Chronicle mentioned the presentation given to the Business Plan Competition finalists on how to ask for venture funding by RedGorilla.com founder and CEO John Witchel.

Dean Tyson was heard on NPR's Morning Edition on Wednesday, April 19 as part of a panel discussing eBay's lawsuit against another auction site. Tyson commented that like other sectors of the economy, the Internet will eventually develop laws, property rights, and such to protect investments.

Dean Tyson appeared on NPR's Talk of the Nation on Wednesday, April 19. She was discussing Vice President Al Gore's tax proposal.

"Students Court Venture Capitalists," an article on the UC Berkeley Business Plan Competition, appeared on CBS MarketWatch on April 19.

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