jewis edu www.theJEWISHNEWS.com Real-life Experience U-M's Tamid Israel Investment Group gives undergrads ties to Israeli businesses. by Allison Berman ferent aspects of the American-Israeli busi- ness relationship and how we, as future lead- y first experience with the Tamid ers, can work to strengthen it. Israel Investment Group was a In conjunction with the seminars were quarter sheet of paper nestled weekly huddle sessions, during which we under my University of Michigan dorm organized internal fundraising campaigns or room with a very simple message: "There is consulted for two Israeli start-up businesses. a group on campus that connects business- Tamid is an important part of my college minded students to Israel and its economy experience because it is real. There are hun- through education and application." dreds of clubs and groups on campus that I was ecstatic upon learning about this encompass nearly every area of interest because someone had literally slipped me an possible, but Tamid is set apart because it opportunity to combine two of my greatest allows for more than just discussion. Two passions, Israel and business, in an academic fundamental tenants of the organization club. Through further investigation and are application and immersion, allowing involvement with the group, I discovered us to truly experience and understand the that, although Tamid is a multi-faceted and critical economic relationship between intricate program, it can be summed up just America and Israel. as I found it on my dorm floor: real-life expe- Apart from going through the program rience with Israeli businesses. itself, I also have been able to see how Tamid is the brilliant brainchild of it works from the inside. Because it is U-M seniors Dian Ingall and Sasha Gribov. still such a young organization, Tamid is Three years ago, they noticed the discon- constantly changing and growing. It has nect between Michigan undergraduates and already evolved from the mere passion Israel's booming economic sector. With inge- and interest of two friends into a tangible nuity, savvy business skills and hundreds of venture involving nearly 70 motivated hours spent brainstorming and networking, they developed the framework of the program undergraduates. I have been able to see how much of to fill the niche for students to connect with the executive board, conscious of their the rapidly expanding Israeli economy. approaching graduation, has allowed for The structure they initially created has feedback and increasing involvement from adapted to the program's growth and an influx of new ideas, but still operates with the the newer members. This puts Tamid's continued growth and development in the original idea for a three-phased program. A hands of me and my peers, who are eager student's first semester in Tamid is education: for the opportunity to act as catalysts to a hands-on, business education seminar series expand the group beyond the University of given by Israeli business leaders, univer- sity professors and peers. Stage Two is business applica- Alt tion: management of a portfolio of Israeli securities or consulting for Israeli start-ups. The last and, for me, the most entic- ing phase is the fellowship program: immersion in Israel through a funded summer internship. This past semes- ter, I completed the education portion of the program. Tamid participants listen to speaker Rick Ziteiman We met biweekly discuss venture capitalism. for seminars and huddle sessions. The seminars were Michigan and eventually work to implement the highlight of my Tamid experience so it on campuses all around the country. far because we were given the opportunity Currently, we are at a critical juncture to hear from and dialogue with some of the for the program's success. The Bet (sec- top professionals in the business sphere. The ond) class has recently begun the Business most intriguing included Michigan political Application phase and is currently consult- science professor Zvi Gittleman, interna- ing for four Israeli start-up companies as tional venture capitalist Rick Zitelman of well as preparing to invest in Exchange- Washington, D.C., Southfield philanthropist Traded Funds (ETFs). Joel Tauber and, via a slew of 1 a.m. confer- The last part of the Tamid experience that ence calls, businessmen currently in Israel. has yet to be piloted is the Fellowship in From each speaker we learned about dif- Ann Arbor M www.theJEWISHNEWS.com Israel. If that works as planned, we will begin expanding to other campuses over the upcoming year. If not, we have to go back to the drawing board. We are working tirelessly to design a well- rounded experience for the Fellows in Israel, beginning this summer. Our goal is for each experience to include internship, travel, semi- nars and in-person meetings with top busi- ness people, but it will cost about $5,000 per student and we need sponsors to make the program a success. To make a tax-deductible contribution or to find out more about our program please visit www.Tamidgroup.org or send an e-mail mes- sage: info@Tamidgroup.org . Allison Berman of West Bloomfield is a freshman at the University of Michigan in Ann Arbor. U-MV! sophomores Amy Goldberg and Daniel Cohen-Arcamone. both of West Bloomfield, work on a Tamid project. AMIED ISRAEL INVESTMENT GROU ti Donate online a or make a tax-deductible co tion ID: by sending checks to T 1021 Vaughn, Apt Bo, Ann Arbor, 448104 1569250 di • jelliish@edil February 11 • 2010 3