BizEd

MayJune2011

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Competitive Advantage Want to boost student interest in social entrepreneurship? Direct them to a competition that seeks creative solutions to intractable social problems. While many schools run internal competitions, a growing number of events are open to teams from all over the world. Here's a look at three. Global Case Challenge SPONSORING SCHOOL: Hult International Business School, Boston, Massachusetts; San Francisco, California; London, England; Dubai, UAE; and Shanghai, China YEAR STARTED: 2010 PRIZES: Hult will donate US$1 million to help a chosen nonprofit implement the winning team's solution. ELIGIBILITY: Open to all univer- sity and college students around the world. The expectation is that about 100 five-person teams will participate annually. HOW IT WORKS: Each year, the competition focuses on a specific global social challenge. The 2011 event is a partnership with Water. org, which facilitates small loans for projects that will improve water and sanitation access in developing coun- tries. Like the Global Case Chal- 36 May/June 2011 BizEd DAVE CUTLER

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