Daniel Millimet, Economics, 2015’s Best & Worst Texas Cities for Finding a Job


Originally Posted: November 2015

The following is an excerpt from WalletHub’s article 2015’s Best & Worst Texas Cities for Finding a Job, where Professor Daniel Milliment from the Department of Economics was interviewed as an expert. READ MORE

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Dedman College student named EO Dallas winner in the Global Student Entrepreneur awards

Edward Allegra of BioLum Sciences to Represent Dallas in U.S. Finals

DALLAS – November 16, 2015 – Edward Allegra, a Southern Methodist University (SMU) student, became the proud winner of the Dallas qualifying competition for the Global Student Entrepreneur Awards (GSEA), a program of the Entrepreneurs’ Organization. Edward Allegra, 22 years old, bested his competitors with an innovative smartphone-based medical device that is able to monitor and help manage asthma. Allegra is co-founder and runs the company while also attending college. The judges selected Allegra based on his vision for BioLum as well as his desire to make a mark with a product that can improve the quality of others’ lives and the way asthma is diagnosed and managed.

In order to qualify for this award, Allegra had to be an undergraduate student and the owner of a for-profit (revenue generating) business that has operated for at least six consecutive months.

Founded in April 2015, BioLum is the developer of a smartphone based medical device that is able to monitor and help manage asthma. This is accomplished by utilizing chemiluminescence to detect and quantify specific disease biomarkers found in exhaled breath condensate. The BioLum device will enable users to monitor their condition with a mobile health platform, which can indicate lung condition and function. The device will aid in treatment programs as patients manage their symptoms, as is the trend with emerging mobile health technologies. BioLum’s smartphone integrated technology offers a valuable opportunity to gather global data about this illness that plagues millions. The device will help doctors identify when asthma is the worst (time of year), where it is the worst (location/region), triggers that cause it as well as how to best prevent asthma from occurring and what medications treat the illness.

The company has raised $118,000 in capital and prize money to develop the product and begin a research study at SMU. BioLum will begin a clinical study for the product in January, which will also start the company’s FDA regulatory process.

“Our goal is to get the BioLum device in the hands of asthma patients all over the world as a low-cost personal health management system. BioLum will gather data about asthma and help the world deal with growing health problems,” said Edward Allegra, president BioLum.

“In our first year of the EO Dallas student competition we discovered an impressive group of undergraduate entrepreneurs,” said Jessica Nunez, chair, EO Dallas GSEA. Students like Edward Allegra of BioLum are pioneering the next generation of great business ventures. I am honored that we can bring them global visibility through this EO program.”

This Dallas entrepreneur will go on to compete at the U.S. national competition in Miami on February 11, 2016. The winner of the National Competition will attend the GSEA Global Finals to compete with the world’s top student entrepreneurs and have a chance to win over US$150,000 in cash and donated business services. Allegra will also receive a valuable prize package including:
· $1,000 prize money
· One-year EO Dallas Accelerator Membership | Value: $2,500
· Three-Month Mentorship, EO Dallas Forum of Entrepreneurs | Value: Priceless
· BizOwners Ed, 5-week Entrepreneurial Program, Gallery Participant | Value: $2,000
· Lunch and Internet Marketing, Globe Runner | Value: $1,000
· Marketing Communications Consultation, TruePoint Communications | Value: $1,000
· Logo Creation, Worlds of Wow! | Value: $2,500

About the Entrepreneurs’ Organization’s Global Student Entrepreneur Awards
As the premier global competition undergraduate students, the Global Student Entrepreneur Awards (GSEA) represents more than 1,700 of the prominent student entrepreneurs from more than 32 countries. Built on a mission to inspire students to start and grow entrepreneurial ventures, GSEA brings global visibility to pioneering student business owners. Since 1998, the GSEA, a program founded at the John Cook School of Business at Saint Louis University, has honored outstanding students who simultaneously attend university full-time while running their own businesses. The Entrepreneurs’ Organization (EO) took on leadership of the GSEA in 2006 to offer student entrepreneurs access to a global network of mentors, resources and connections from the most influential community of entrepreneurs in the world. The Entrepreneurs’ Organization’s GSEA is generously supported by Thomas Franchise Solutions. To nominate a student entrepreneur or to get involved, go to www.gsea.org and follow GSEA on Twitter at @EO_GSEA.

SMU students in Paris report they are safe; SMU monitoring situation

SMU News

Originally Posted: November 14, 2015

SMU has heard from all 11 of its students studying in Paris that they are safe. The SMU Travel Oversight Committee is closely monitoring the situation and is receiving updates from the U.S. State Department and International SOS.

SMU community members abroad are asked to be aware that France has declared a national state of emergency and has tightened its borders. On Saturday, November 14, the U.S. Embassy in France issued a security message regarding the terrorist attacks: “Further incidents are possible. We strongly urge U.S. citizens to maintain a high level of vigilance, be aware of local events, and take the appropriate steps to bolster their personal security, including limiting their movements to essential activity. U.S. citizens are encouraged to monitor media and local information sources and factor updated information into personal travel plans and activities.” While airports and train stations remain open, travelers may expect delays due to heightened security measures.
All SMU Abroad students are covered by emergency travel assistance through I-SOS and may use the services of I-SOS worldwide during their term of study abroad. During SMU Abroad orientation, students received laminated cards with emergency phone numbers for I-SOS. I-SOS contact information also is available online at www.internationalsos.com. In addition, every SMU-approved study abroad program has its own emergency preparedness plan and protocols.

Students with concerns or questions are asked to contact the SMU Abroad Director, Dr. Cathy Winnie, at cwinnie@smu.edu (214-768-4904) or SMU Assistant Chief of Police Jim Walters at jwalters@smu.edu (214-768-1586). Student safety is the highest priority of SMU and our partner study abroad programs. READ MORE

Congratulations to Dedman College undergraduate Edward Allegra. His team, BioLum Sciences, will advance to Global Student Entrepreneur Awards.

SMU News

Originally Posted: November 12, 2015

SMU ‘Big iDeas’ winners advance to Global Student Entrepreneur Awards

Since its launch in 2008, student teams have been awarded grants through SMU’s Big iDeas program to research and improve issues facing the Dallas area and beyond, ranging from energy and education to health and campus living.

This year, two of the contest’s winners will compete against university undergraduates from other area schools in the regional Global Student Entrepreneur Awards competition, sponsored by the Entrepreneurs’ Organization.

The event will be 6-9 p.m. Monday, Nov. 16, on the SMU campus in Dallas Hall’s McCord Auditorium. It is open to SMU students and the neighboring community. Those interested can RSVP here.

The Global Student Entrepreneur Awards is a worldwide forum for student entrepreneurs who have successfully developed and run their own business. The nominees compete in regional qualifying competitions for the chance to advance to the global finals in Bangkok, Thailand, in May 2016. The participating student teams from SMU are:

BioLum Sciences: Winning both the SMU Pitch Contest in 2014 and the Business Plan Competition in 2015, BioLum Sciences is the developer of a medical device used to help manage asthma. It allows users to test their symptoms, monitor daily progress, and understand the cause of their asthma. BioLum uses a smartphone based imaging system to detect and quantify the disease biomarkers found in the user’s exhaled breath. This technology has the potential to reduce the current 40% misdiagnosis of asthma in the US.

Team members are students Edward Allegra, Miguel Quimbar and Jack Reynolds. READ MORE

Meet Dedman College Faculty during Family Weekend

2:00PM 3:00PM

Dedman College, the heart of SMU houses the vital disciplines the underlie great accomplishment. Denman College offers 85 exciting majors and minors in the humanities, sciences, and social sciences. Their award winning faculty will be available to discuss their teaching and research interests. READ MORE

Dedman College alum and Dallas’ newest billionaire, early failure set stage for success

Dallas Morning News

Originally Posted: September 13, 2015

Not that long ago, just out of SMU, Tom Dundon just wanted to run a good burger joint. In a 1994 review of his Fort Worth restaurant, Izzy’s, a food critic raved about the cheddar fries.

“The fresh potato fries peeking out from beneath the cheese blanket were greasy and delicious, two words I’d never expect to say in the same breath,” she wrote.

Still, the critic gave the place a rating of only 21/2 stars out of five and it closed within a year.

Lucky for Dundon.

In the two decades that followed, he helped build a pioneering company that provides auto loans to buyers with marginal credit, a business concept that became a spectacular success.

Called “brilliant” and “unique” by some who know him, Dundon mastered the intricacies of lending better than he did making burgers and quesadillas. Perhaps more important, he also understood the vital importance of cars to people trying to improve their lives. To them, a car means independence and more opportunity for work. READ MORE

Dedman College Alumni Celebrated at Homecoming

Congratulations to Dedman College alumni Bess Enloe ’60, finance educator and the Rev. Dr. Michael W. Waters ’02, ’06, ’12. Mrs. Enloe will receive a Distinguished Alumni award while Rev. Waters will receive the University’s Emerging Leader Award, which recognizes the outstanding achievements of an alumnus or alumna who has graduated in the past 15 years. READ MORE

Ravi Batra, Economics, Four steps that can help end unemployment and poverty now

Business NH Magazine

Originally Posted: July 17, 2015

More than seven years after the Great Recession began in 2007, many Americans are still struggling to put their economic lives back together. Factors such as low wages, high interest rates on credit cards and a mediocre job market continue to make a lot of families feel like the recovery passed them by, says Dr. Ravi Batra, an economist and author of the new book “End Unemployment Now: How to Eliminate Joblessness, Debt and Poverty Despite Congress.” (www.ravibatra.com)

It doesn’t have to be this way, he says.

“The main cause of our troubles is monopoly capitalism, which is a system dominated by giant companies that charge high prices, pay low wages and extract huge productivity from employees,” says Batra, an economics professor at Southern Methodist University in Dallas, Texas. “As a result, supply rises faster than demand and generates layoffs. So the solution lies in breaking up the behemoths and returning to free markets, where many firms engage in price and quality competition.” READ MORE

NFL player and SMU alum, Kelvin Beachum visits campus over Father’s Day weekend

Kelvin Beachum shared his secrets for success as a college student with a group of SMU alumni, staff, faculty and community members last Friday evening at a reception hosted by Lori and Jon Altschuler. The new father returned to campus to kick off Father’s Day weekend and share his journey from Dedman College student to the NFL. He advised all students, and student athletes in particular to stretch and go beyond their comfort zones by getting involved with leadership opportunities on campus. Prayer, planning, position and “paying it forward” all hold special importance to this dynamic offensive tackle for the Pittsburgh Steelers. The crowd of Beachum fans enjoyed the one-on-one time with Kelvin and the chance to ask about his experiences both at SMU and in the NFL. Click here for recent media coverage on Kelvin Beachum.

Jon Altschuler ’94, Dedman College Executive Board member Lori Altschuler ’92 (hosts of the reception)
Kelvin Beachum with Jon Altschuler ’94, Dedman College Executive Board member
and Lori Altschuler ’92 (hosts of the reception)
Lori White, Vice President for Student Affairs Tony Tillman, Assistant Provost for Strategic Initiatives and Director of Student Retention for SMU
Tony Tillman, Assistant Provost for Strategic Initiatives and Director of Student Retention for SMU, Kelvin Beachum and Lori White, Vice President for Student Affairs
Group photo with Kelvin Beachum