Published on: 01-25-2013
Georgia Tech is the newest partner of
the Global Social Venture Competition, in which students throughout the country
are eligible to compete. Participating teams must have a business plan that
shows potential for financial return on investment in addition to social and/or
In becoming a partner in the Global
Social Venture Competition, Georgia Tech has joined a growing list of prestigious
universities, including Columbia Business School and London Business School.
Tech is serving as the Regional Outreach Partner for the Southeast region.
Since its founding in 1999 by students
at the University of California at Berkeley, GSVC has grown to become a truly
global endeavor with business school partnerships in the U.S., Europe, and
Asia. Despite this global reach, however, the competition's reach was absent
from the Southeast prior to Tech's involvement. While students from the region
were eligible to compete, their networking, mentoring, and exposure
opportunities were limited by the lack of a nearby partner university.
“Georgia Tech’s involvement is
exciting because it will help more students from the Southeast turn their
social entrepreneurship ideas into solid business plans,” says Brian Edgerton,
a second-year MBA student at Tech and president of the Institute's Net Impact
chapter who is serving as GSVC MBA student ambassador. “We will expand the
competition's global community of students, judges, and mentors to help teams
create sustainable, profitable, socially conscious businesses.”
As the competition kicks off this
spring, Georgia Tech’s Institute for Leadership and Entrepreneurship will
provide administrative and faculty support, but Edgerton and his Net IMPACT
team will be the organizing force behind the preliminary stages.
During each round of the
competition, social entrepreneurs will present the social, financial, and
environmental values of their business, gaining valuable feedback from and
exposure to some of the greatest minds in social innovation.
Participating teams must have at least
one primary member who is enrolled in a graduate school or who is a
recent alum of a grad school, and ventures must be less than three years
The deadline for teams to submit business plans was February 22. The finals will be April 12 at the University of California at Berkeley.
Global Social Venture Competition
Director of Communications
Assistant Director of Communications