Monday, June 29, 2009 The Michigan Daily - michigandaily.com SHAKESPEARE IN THE ARB 3 STUDENT BUSINESS 'U' entrepreneurs thrivein A2 Student-run TechArb hosts 10 start-up businesses By TORREY JOSEPH ARMSTRONG Daily StaffReporter A group of University student entrepreneurs has created an inno- vative business incubator in down- town Ann Arbor to share ideas, advice and resources with other enterprising students. The incubator, called TechArb, is composed of thirty students run- ning 10 small start-up businesses and will occupy the basement of Tally Hall, a vacant building on Lib- erty Street, until August. TechArb, aims to pool resources and create a centralized community for student entrepreneurs, according to co-founder and College of Engi- neering senior Jason Bornhorst. Bornhorst is also co-founder and group manager of Maize Ventures, a networking group for student-run businesses. He pursued the space for TechArh with other student entrepreneurs after his previous business, CampusRoost, Inc. - an online social network built around student housing - became diffi- cult to operate once normal classes resumed inthe fall of 2008. TechArb was created when Ann Arbor venture capital firm RPM Ventures and Ann Arbor real estate company McKinley, Inc. allowed Bornhorst and a few students from RPM's 10-week summer entrepre- neurial internship program to use the space. Brett Wejrowski, College of Engi- neering senior and co-founder of Maize Ventures, was participating in RPM's internship when he joined the incubator. "I was going to school and trying to run a small web development busi- ness at the same time, and trying to find like-minded people," he said. Wejrowski and others pitched in to build permanent furniture and set up a network to prepare the space for use. "In one week's time, we went from a grassroots thing to people actually working and running companies down here (in the base- mentt" Bornhorst said."The really cool part is that there was no one developer - just a bunch of people and ideas - and it developed." Several of the businesses have had success and exposure since joining the incubator. Mobil33t, an iPhone application developer, recently released DoGood - an application that encourages people, to do random acts of kindness. Since its release on June 8, the application has been downloaded more than 10,000 times. Other businesses include MyBandStock.com, a venture that allows music fans to invest directly in their favorite artists, and Shep- herd Intelligent Systems, a public transportation tracking website conceived and developed under the name Magic Bus. Carrier Mobile, Phonagle LLC, Troubadour Mobile and Quazie.net are also start-up businesses that spe- cialize in mobile phone applications. Bornhorst and Wejrowski said that the incubator is a temporary endeavor, as the space's free lease will expire in August 2009. They hope to find University and com- munity support in the fall, either in the form of snace, money or other University students and Ann Arbor community members perform-"Twelfth Night" as part of the annual Shakespeare in the Arb series in Nichols Arboretum. resources. ing hours spent in the basement "The big unknown is how to and creating a list of the business's portray its value to the community accomplishments since joining the and to the University - how to sell incubator would be required for Uni- it and translate how its helped us versity support, amongotherthings. into actual numbers," Bornhorst "I firmly believe that this kind of said, adding that losing the space thingis exactlywhatthe community and shared resources in the fall needs," Bornhorstsaid. "We've done would be disastrous for some of the a good job of making entrepreneur- small businesses that are a part of ship cool, but we need to do a better TechArb. job of snapping (small businesses) Bornhorst said that allocating up once they start and giving them a hdrt for the ineuhator, rallv- thespace and resources thevneed."