Chang will take over for Julie Lenzer, who held the position for the past five years.
ROOTS Africa and Chat Health have won $5,000 each to improve social issues.
The panel was a part of a speaker series held by the American Marketing Association at this university.
D'vash Organics, which was co-founded by University of Maryland alumnus David Czinn, landed a deal with one of the largest date product manufacturers in the world earlier this year.
Women of color have been the driving force of the growth of women-owned businesses over the past decade.
Mileija Yancy, Ashlie Payne and Aeesha Kamara are the business owners, and lifelong friends.
Daniel Raithel's company sells pocket-sized portable lint rollers.
Caroline Ta is the owner of baking business SweetsbyCaroline.