We are celebrating Global Entrepreneurship Week by sharing a series of Master of Business, Entrepreneurship and Technology (MBET) alumni profiles. To kick-start this initiative we are profiling MBET alumus Camelia Nunez and her successful startup, Milao Language. Milao was a student-lead Commercialization Practicum during the 2012-2013 MBET year.
Camelia Nunez, MBET ‘13, pursued her masters and doctoral studies in the field of Hispanic Linguistics before taking the MBET at the University of Waterloo. She took a year off from her PhD studies to study business at Conrad where she could develop the necessary skills to pursue the digital linguistic technology business that she was creating on the side during her academic studies, Milao Language.
"I create ideas and solve research problems. Most importantly, I enjoy turning research ideas into business innovation opportunities with societal and economic benefits.”
About Milao Language:
Milao Language is a virtual environment that offers foreign language learners a unique opportunity to improve their communicative skills in their target language by engaging in text-based conversations that closely mimic real life situations. http://www.milaolanguage.com/
Impact of MBET
- Milao Language was selected as a student practicum project; four MBET students worked on the business all year round.
- The founding team now consists of three MBET grads. Camelia Nunez, Co-Founder, Joe Lee, VP Operations and Strategy, and Alan Thai, VP Web and Mobile Apps at Milao.
- Milao participated in many business competitions throughout the year where they consistently placed in the top 10: Ivey Business Plan Competition, Stu Clark Investment Competition, LaunchPad $50K, TieQuest Business Venture Competition, and the National Business and Technology Conference.
Success to date
Since classes ended at Conrad in July 2013, Milao has seen some amazing progress:
- Accepted as a client at the Waterloo Accelerator Centre.
- Won $25,000 in funding from the JumpStart program, and an additional $1,250 for being selected the “People’s Choice”.
- Received $50,000 in funding from the Ontario Centres of Excellence.