From the category archives:

Global Economy

If you run a social entreprise or a sustainable/green business, check out this great list.  Business plan competitions are a tried-and-true way for a start-up to get visibility, invaluable advice, and that all important seed funding.

Ian Fisk runs The William James Foundation competitions in Washington DC.  He recently shared this list with this year’s judges (including myself) and I am happy to pass it on.

Each listing includes what Ian knows about deadlines, eligibility, and prizes, and contains a URL to the competition site.

If you know of other competitions, please add them in the comments to make this a great list, and I will pass those back to Ian.

Global Social Entrepreneurship/Sustainable Business Plan Competitions

Ashoka Citizen Base Awards http://www.citizenbase.org/bp_competitions

Ongoing; Winners receive funding and are linked to Ashoka’s network of social entrepreneurs.

Baruch College & Merrill Lynch IPO Challenge Entrepreneurship Competition http://zicklin.baruch.cuny.edu/bcec/college

First round in November.  Half the team must be Baruch students. $100,000 in cash prizes.

BiD Challenge http://www.bidnetwork.org/set-44007-en.html

Ongoing. Competitions in Argentina, Bolivia, Colombia, Ecuador, Peru, Philippines, Kenya, Tanzania, Uganda, and Jordon.

Brigham Young University Business Plan Competition Social Entrepreneurship Category http://socialventure.byu.edu

January 14th 2009
Applicants must be currently enrolled at Brigham Young (Provo, Hawaii, or Idado). $50,000 in cash and prizes.

Business Environmental Awards http://www.acterra.org/bea/index.html

January 30, 2009 For existing companies in the San Francisco Bay area. Some Non-profit organizations are eligible.

California Clean Tech Open www.cacleantech.org

June 17, 2009;  Prize Packages Totaling $600,000

Connecticut Venture Group www.cvg.org/contest.html

April; A team member must be at a Connecticut University.

Duke Start Up Challenge (Social Entrepreneurship)  http://www.dukestartupchallenge.org/about

February 19, 2009 At least one full-time Duke student.

Echoing Green http://www.echoinggreen.org/fellowship

September; Two year fellowships for emerging social innovators.

Eileen Fisher http://www.eileenfisher.com

June 1, 2009
Five grants of $10,000 for socially conscious, woman-owned businesses.

Tufts Social Entrepreneurship Business Plan Competitions

http://gordon.tufts.edu/leadCompetitions.htm (Application is via YouNoodle)

January 16, 2009;  One member of each team must be a Tufts student.

Florida International University Entrepreneur Challenge http://fiuchallenge.com

January 30, 2009 Open to all Southeast Florida Area Residents  and all FIU Students & Alumni.

Foster School of Business CIE Business Plan Competition http://bschool.washington.edu/cie/bpc/

April 2, 2009;  Entrants must be full- or part-time college students enrolled in Washington state.

Global Social Entrepreneurship Competition http://bschool.washington.edu/gsec

November 12, 2008; At least one team member must be a current student.

Global Social Venture Competition www.gsvc.org

January 21, 2009;  One team member must be a current graduate business student anywhere in the world, or have graduated with the past two years. Prizes worth $50,000.

Gonzaga University Hogan Entrepreneurial Leadership Program Business Plan Competition http://tr.im/htpI

February 26, 2009; Undergraduate and graduate students from Gonzaga, EWU, Whitworth and Washington State University. Prizes totaling $42,500.

Harvard Business School Business Plan Contest http://www.hbs.edu/socialenterprise/businessplan/

February 9, 2009; All teams must include at least one HBS second year student. Prizes totaling over $60,000.

Ignite Clean Energy Competition http://www.ignitecleanenergy.com/competition

March 2, 2009 A year-long training and competitive forum for entrepreneurs in the clean energy industry.

Investor’s Circle Call for Applicants

http://www.investorscircle.net/for_entrepreneurs/call-for-applicants

January 15, 2009

J.P. Morgan Good Venture Case Competition http://goodventure.org/home.cfm

February 12, 2009;  For philanthropic non-profit organizations.

JMU Sustainable Business Plan Competition www.jmu.edu/cob/cfe/business_plan.shtml

March 2, 2009; JMU students, faculty, alumni and local residents compete for up to $100,000.

LES (Licensing Executives Society) Foundation Graduate School Competition http://www.lesfoundation.org/graduate_student

March 4 2009; For licensing techologies. $10K in cash plus $45K in services.

MIT IDEAS Competition http://web.mit.edu/ideas/www/index.htm

April 15, 2009; One third of each team must be full-time MIT students. $50,000 in prizes.

McGinnis Venture Competition http://mcginnisventurecompetition.com

February 23, 2009; At least one graduate student must be a member of the management team.

NESsT Social Enterprise Competition http://www.nesst.org/competition/

No 2009 dates listed Civil society organizations from Argentina, Brasil, Ecuador and Peru.

NYU – Leonard Stern School of Business http://w4.stern.nyu.edu/berkley/bpc.cfm?doc_id=6306

October 27, 2008; All teams must include a Stern representative to compete. Cash prizes $100,000.

Oxford University 21st Century Challenge http://www.sbs.ox.ac.uk/21challenge/competition/

No 2009 dates listed. Must be a for-profit

Private Sector Development Research Competition http://www.ifc.org/competition

No 2009 dates listed.  This is an essay contest. Applicants must not be an employee of the World Bank.
Rice University Business Plan Competition

http://www.alliance.rice.edu/alliance/RBPC.asp?SnID=1616311824

International  – Jan 16, 2009. USA – Feb 13, 2009 The management team must consist of at least one graduate student. $700,000 in prizes.

RGK Center for Philanthropy and Community Service Social Innovation Competition www.utexas.edu/lbj/rgk/competition/index.php

February 20, 2009 Undergraduate and graduate level students from any 4-year university or college in the world are eligible to enter. $50,000  in prizes.

Seattle Pacific University Social Venture Plan Competition http://www.spu.edu/depts/sbe/svpc.asp

February 24th, 2009 Must include SPU student.$7,500 in prizes.

Skoll Awards for Social Entrepreneurship www.skollfoundation.org/skollawards/index.asp

Several deadlines throughout the year: March, August, November.  Programs submitted for consideration should have a track record of no less than three years.

Social Enterprise Club Pitch for Change Competition http://www.pitchforchange.org/

January 30th, 2009; Participants do NOT need to have a completed business plan. They simply need to have a great idea that will have a significant social impact

Social Innovation Forum http://www.socialinnovationforum.org

Already chosen for 2009 Organizations and programs  in the Greater Boston area.

Stanford Social E-Challenge http://bases.stanford.edu/social-e-challenge/competition/ (Submit via YouNoodle.com)

February 17, 2009; Team must be at least half full-time Stanford students. $50,000 in prizes.

Students for the Advancement of Global Entrepreneurship (SAGE) World Cup http://www.sageglobal.org For High School Students

Tulane Business Plan Competition http://www.tulanebusinessplancompetition.com/

February 8, 2009 Plans can be either for profit or non-profit ventures. $20,000 in prizes.

University of San Francisco International Business Plan Competition http://www.usfca.edu/sobam/nvc/bpc/

January 7, 2009 $25,000 in prizes.

William James Foundation 2008-09 Socially Responsible Business Plan Competition www.williamjamesfoundation.org; www.williamjamesfoundation.org/sustainability;
www.williamjamesfoundation.org/dcprize

First round Deadline December 12th, 2008;  One team member must be or have been a student anywhere in the world in the past ten years. $60,000 in prizes, including special prizes for environmental sustainability and support of  the Washington, DC community.

Yale Entrepreneurial Society (YES) http://www.yesatyale.org/y50k.php

January 19, 2009 $50K in prizes.

Youth Social Enterprise Initiative http://www.ysei.org

Below 30 years old from Bangladesh, India, Malaysia, Philippines or Sri Lanka

{ 2 comments }

Risk Creep

by admin on October 1, 2008

in Global Economy

Anyone involved in contracting knows about “scope creep” — that nasty habit of jobs getting bigger and bigger (oh, why not add another sink? I thought YOU were going to coordinate the meeting) as time goes on.

The same phenomenon is at work in this economic bust.

Let’s go back to post-WWII when the modern S&L was born. Savings and Loans were created to finance the building of the suburbs by making mortgage loans and paying interest on savings accounts from those earnings. Sounds like a low-risk business. BUT a few changes introduced a gradual risk-creep that just kept going…..

Obviously the S&L concept works well with stable interest rates, so the banks can manage a nice profit from the spread between what they take in on loans and what they pay out on savings accounts.

But in the globally interconnected economy, with interest rates fluctuating, such a model is in trouble. S&Ls got locked in to low income from low rate mortgages while needing to pay out higher savings rates. This led them to search for higher returns from their investment — inviting both fraud and financial innovation.

In two words, Risk Creep.