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For Social Entrepreneurs, All Expenses Paid

Tom Grubisich's picture

If you're a social entrepreneur, the Global Social Benefit Incubator (GSBI) program wants to consider you for its 2010 all-expenses-paid course on how to create a business plan for a sustainable, scalable project that will connect with donors and other investors.  The deadline for applying for the mostly distance-learning program is Friday, Jan. 15.

Development Marketplace finalists especially will want to consider applying to GSBI.  Leonardo Rosario of the Philippines, a DM2009 finalist winner, received this invitation from GSBI:

“Dear Leonardo,  Because of your recognition by World Bank’s Development Marketplace, it is my pleasure to invite your application for the 2010 Global Social Benefit Incubator (GSBI™).

Nnaemeka Ikegwuonu of Nigeria, who was also a winner at DM2009, says: "As an alumni of this program I highly recommend it for social entrepreneurs and other interested development professionals."

 

The first step in the application is a "value proposition" exercise where potential participants describe their organization and "articulate why the target customer/beneficiary will 'choose to buy' or 'consume' your product or service offering(s) over other alternatives.  (Note: the alternative may be 'non-consumption')."

 

GSBI is based at Santa Clara University's Center for Science, Technology, and Society and the Leavey School of Business and Administration in California.  The first four months of the course is conducted online.  Students then go to Santa Clara for an intensive two weeks of study on Aug. 15-28, 2010.

Twenty organizations will be selected for the $25,000 scholarship program, which will include mentoring from Silicon Valley proven entrepreneurs.  GSBI adds: "Because of the importance of energy [GSBI] will reserve up to  selections for organizations with demonstrated solutions for solving the problem of lack of access to clean, reliable, low-cost energy sources, including: off-grid power and light; locally-produced and distributed second-generation bio-fuels; affordable energy-saving devices, such as efficient cook-stoves and more efficient, less-polluting transport vehicles."


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