UB Student Awarded a Prestigious Business Fellowship
University of Bridgeport (UB) rising junior majoring in business, Mihovil Bakovic, has been awarded a True Entrepreneur Corp (TEC) fellowship. He will serve as an intern on the marketing team at Prellis Biologics, a company located in San Francisco that focuses on cutting edge physics and cell biology to build organs and tissues from bioprinting. Bakovic learned about the TEC fellowship from his mentor at the UB Student Entrepreneur Center (UBSEC), Rahul Chaudhary, who encouraged him to apply and guided him through the application process. Bakovic worked closely with both Rahul and Professor Elena Cahill, director of the UBSEC, as he knew that the competition would be strong and he needed to stand out. Bakovic said that he is grateful to Rahul and Cahill, “They helped me immensely and I definitely would not have made it without them.”
Bakovic shared that the fellowship application process was thorough, “I had to provide them with my resume, a personal statement, two recommendation letters, and a one-minute video pitch. The goal of all the materials was for True Ventures to assess my character, strengths, and enthusiasm so I did my best to emphasize them.” After the company reviewed the material, they let Bakovic know that he made it through the first round. After that, it was all about interviews with their portfolio companies and identifying a good match.
Upon hearing the news that he received the fellowship, Bakovic said that he was very excited. “The selection process is very competitive and only 12 students are chosen nationwide. I was even more excited that I found a company that is a great fit for me and vice versa. However, this is only a ticket in. The real work starts in the summer, and I look forward to it.”
Cahill worked very closely with Bakovic in the UBSEC, “Miho is an extraordinary student whose combination of a strong work ethic, a desire to learn, and passion for entrepreneurship has led him to succeed in earning this opportunity. I have every reason to believe this fellowship will be a positive experience for both parties.”
When asked what opportunities the fellowship would open for him, Bakovic responded, “This will open a whole new world for me. The people I’ll meet, the skills I’ll learn, and the things I’ll experience will all help me improve both professionally and personally, which will help me reach my own goals.” Bakovic further explains that he is looking forward to spending the summer with like-minded peers in such an environment. “I believe that you can learn something from everyone. Meeting other highly motivated individuals and teams, and spending time working together will be a unique experience.”
Bakovic will also receive a stipend of $11,000 for the fellowship.
This is not the first time that Bakovic has excelled in competitions, besides representing UB on the swimming team, he was also a Top 64 competitor in the Student Startup Madness, a nationwide tournament-style competition for college student digital media startups.
The UBSEC at the Ernest C. Trefz School of Business is open to all matriculated University of Bridgeport students and aims to accelerate the successful development of start-ups. The mission of the Center is to produce successful businesses by providing student entrepreneurs with an array of targeted resources and services.
The True Entrepreneur Corps (TEC) fellowship brings 12 rising college juniors and seniors from across the country to the Bay Area to spend the summer with True Ventures portfolio companies. For those interested in technology and startups, becoming a TEC Fellow can be a life-changing experience.