Social Venture CompetitionThe NYU Stern Social Venture Competition was started to recognize and support the growing number of students and alumni interested in using their business and entrepreneurial skills to create innovative approaches to tackling social problems, here and abroad.
Winners of the Social Venture Competition vie for a portion of the $50,000 Social Venture Prize.
Over the past eleven years, the Social Venture Competition has awarded more than $900,000 in prize money, pro bono services and technical assistance to ten innovative social enterprises and has provided a springboard for launching many more.
The Social Impact Business Challenge gives Stern undergraduates the chance to develop a business that creates “shared value.” Drawing on concepts learned in the Social Impact Core Curriculum, the winning venture may rethink existing products or markets, redefine productivity in the value chain, or enable local cluster development. Students may also present an entirely new approach to the creation of economic, social and environmental value. The winning team receives up to $20,000 and automatic entry into the semi finals of the Social Venture Competition.
For more information please visit the Berkley Center for Entrepreneurship & Innovation.