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Dan Mallin is a Minnesota entrepreneur, Co-Founder and Managing Partner of Magnet 360, Co-Founder of The Minnesota Cup, Entrepreneur-in-Residence of the Gary S. Holmes Center for Entrepreneurship at the Carlson School of Management, and a Board Member of various organizations. [1] [2] [3]
The Minnesota Cup competition allows emerging Minnesota entrepreneurs and start-up companies to compete for the opportunity to meet investors and win prizes, including seed capital.
The Curtis L. Carlson School of Management is a business school at the University of Minnesota in Minneapolis. The Carlson School offers undergraduate, graduate, and doctoral degrees, as well as an executive education program. The Carlson School also offers dual degrees with the colleges and schools of public affairs, law, medicine, and public health.
Dan spent the early years of his career at 3M, as a Technologist Manager. In 1995, Mallin Co-founded Imaginet LLC., a consultancy providing internet-based solutions, with business partner Scott Litman. They sold the company to J. Walter Thompson in 2001, where Mallin then became the North American COO of the company. [4]
The 3M Company, formerly known as the Minnesota Mining and Manufacturing Company, is an American multinational conglomerate corporation operating in the fields of industry, worker safety, health care, and consumer goods. The company produces over 60,000 products under several world-renowned brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical & electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films. It is based in Maplewood, Minnesota, a suburb of St. Paul.
Scott Litman is a Minnesota entrepreneur, co-founder of The Minnesota Cup and previous CEO and co-founder of Imaginet. Today, he serves as the co-founder and managing partner of Minneapolis-based Magnet 360.
Together, Mallin and Litman founded Spot Buy Spot in 1996, a company that developed IT services and Software to help media buyers manage inventory in the advertising industry. The company was eventually sold to Comcast in 2007.
Comcast Corporation is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue and the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. Comcast services U.S. residential and commercial customers in 40 states and in the District of Columbia. As the owner of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast, respectively.
In 2005, Mallin and Litman co-founded The Minnesota Cup. The competition was started to promote ground-breaking business ideas and is opened to all Minnesotans. Winning participants are awarded a share of over $300,000 in cash prizes, opportunities to meet local investors and get exposure in the media.The intention of the Minnesota Cup is to promote the discovery and commercialization of innovative, entrepreneurial ideas in the state of Minnesota. Since its founding, it has become the largest statewide business plan competition in the United States. Over 10,000 Minnesotans have participated, with top finishers having raised nearly $170 million in new capital. [5] [6] [7]
Mallin has been recognized and awarded by multiple institutions, including multiple 3M awards, Ernst & Young’s Entrepreneur of the Year, [8] Business Journal’s 40 Under 40, Twin Cities Business 200 People to Know, [9] The Real Power 50 from Minnesota Business Magazine, [10] and the Titans of Technology. [11]
In September 2015, Mallin was a recipient of University of Minnesota's Outstanding Achievement Award. This award is given to University of Minnesota graduates who have attained exceptional distinction in their professional career or in public service, as well as demonstrated significant leadership on a community, state, national or international level. [12]
