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Global Socialventure Competition

Category: Education

The Competition is a partnership of business schools in several world regions that provide aspiring entrepreneurs with mentoring, exposure and money in prizes to support their social ventures. Founded by MBA students at the University of California Berkeley’s Haas School of Business, the Competition invites teams of students from around the world to submit plans for entrepreneurial social ventures. Social venture is defined as a business that plans to be financially sustainable or profitable; whether tax exempt or not, it must be self-sufficient on its earned revenue. And it has to have a quantifiable social and/or environmental bottom line incorporated into its mission and practices. Each entrant team must include a graduate business student from any business school in the world or an individual who as graduated form a graduate business program within the past two years. The first-place winning team receives $25,000; second place gets $10,000 and the third-place winning team receives $5,000. There are also a People’s Choice award and special awards. Detailed information and entry forms are available on the Web site.

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