Katy Gathright and Imran Khoja, both Class of 2012, are staying in Williamstown this summer, working to launch their “socially conscious flash sales web business,” Designed Good. In a business plan competition judged by a panel of alumni, the students received a $15,000 seed grant, office space and free legal advice. The competition capped a year of entrepreneurial programming organized by local resident and biotech startup veteran Jeffrey Thomas, who brought together area business leaders, professors, staff, students and alumni for events, workshops and a Winter Study class. Khoja and Gathright’s business plan was one of 22 entries. You can read the executive summary for Designed Good at http://bit.ly/Msqd3o.