How To Apply to the Fund

Applying for the Zell Lurie Commercialization Fund

The Zell Lurie Commercialization Fund (ZLCF) is seeking graduate students (MBA or other programs) to join the fund as Fellows (fund members). Our fellows work with a faculty advisor to manage all aspects of the fund. This experience teaches students about the commercialization and venture investing process. Each year we source, evaluate, and decide on investment opportunities. We are constantly seeking to improve our process. If this sounds interesting to you – please apply!

Students who become Zell Lurie Fellows are expected to work with a diverse group of people inside and outside the University including professors, students, technologists, venture capital professionals, and entrepreneurs. Students will be expected to commit the time and energy required (roughly equivalent to a regular course) on a weekly basis for both years of their MBA work. This includes attendance at mandatory weekly meetings on Mondays and Wednesdays from 5:00 to 7:00 p.m.

For the upcoming semester, the fund is looking to add new fellows to all four teams: Healthcare, Technology, Clean Tech and Consumer.
Information Sessions: The fund will hold two information sessions on September 7th, 7:30-8:30 AM and 5:30-6:30 PM in room R1240.
Applicants are required to attend an information session.

2017 Application Process

1. Submit materials per instructions below by 11:59 on Sunday, September 10th.

2. Promising candidates will receive an interview invitation. Interviews include an investment case to be provided 24 hours in advance of the interview.

Application Materials

(All single-spaced, standard 1-inch margins)

To be considered for the fund, submit your application to zlcfcontact@umich.edu by 11:59 pm on Sunday, September 10th. The application consists of a personal statement no longer than 2 pages together with a one-page resume. The personal statement should address the questions below and should include your phone number. Use 1-inch margins and single spaced text.
Why do you wish to pursue this demanding activity? Why is being a Zell Lurie Fellow important to you and in alignment with your career interests?
What skills, abilities, experience, achievements, and perspective will you offer to the Fund and the Fund Team(s) to which you are applying?
What do you expect to learn and achieve as a Zell Lurie Fellow?
How has your interest and passion in entrepreneurship been evident in your life and career to date? Describe any previous entrepreneurial or investment experience you may have had.
Are you able to commit the level of effort required for successful performance on the fund (generally equal to or in excess of the time required for a regular class but with some weeks being much more demanding than others)? Why?
Which team is your favorite? Why? Are you open to other teams?

Note:
Applicants can only apply to one of the four funds. Since each Ross Fund focuses on a different investment niche, students passionate about company formation and early stage investing should direct their fund application to the ZLCF.