[an error occurred while processing this directive]
University of California Berkeley Haas School of Business Cronk Gate [an error occurred while processing this directive]
[an error occurred while processing this directive]
Winter 2002 CalBusiness  
Cover Story  
On Campus  
Power of Ideas  
Maintaining Excellence  
Alumni News  
About CalBusiness  
Past Issues  

Haas Social Venture Competition Morphs into New National Partnership with Goldman Funding

When a small group of MBA students launched the first social venture competition in the fall of 1999, it seemed unlikely to succeed, let alone become a nationwide endeavor. Two short years later, the National Social Venture Competition acquired significant financial support from Goldman Sachs and is now co-hosted by the Haas School and the Columbia Business School.

The National Social Venture Competition is still the only business plan competition that invites aspiring entrepreneurs to develop plans for businesses that have clear, quantifiable social or environmental returns as well as a healthy financial bottom line.

Since 1999, the competition has attracted more than 100 teams from business schools across the United States and Europe. The new partnership will expand the competition's reach and scale. The Goldman Sachs Foundation underwrote the competition with a gift of $1.5 million to help build a national platform for social entrepreneurship.

"This innovative program is an important milestone in the social enterprise field and presents a unique opportunity to advocate high quality entrepreneurship education on a national scale," said Stephanie Bell-Rose, president of The Goldman Sachs Foundation.

The entrepreneurship centers of the two business schools are coordinating with The Goldman Sachs Foundation to organize and promote national events in the San Francisco Bay Area and New York. Over the course of this year, both schools will host additional events to encourage participation. Mentoring workshops will take place at Columbia Business School and the Haas School with prominent investors, while alumni will work with the teams to perfect their business plans and presentations. The Haas School's Lester Center for Entrepreneurship and Innovation will host the 2001-2002 national competition finals at UC Berkeley on April 5-6, 2002.

Previous Story / Table of Contents / Next Story

Social Venture Competition
Social Venture Competition
Haas Home | Contact Haas | Site Index | Visit Haas | Apply
Copyright © 1996-2011 Haas School of Business, University of California, Berkeley