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February 06, 2009

The Global Social Venture Competition Mentor Day Brings Record Numbers of Social Entrepreneurs to Columbia Business School

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On January 30, over seventy students, mentors and social entrepreneurs gathered in Uris Hall to participate in The Global Social Venture Competition Mentor Day, an event that kicks off the GSVC competition process.

Organized by the GSVC team at Columbia Business School, Mentor Day offers entrants guidance on a variety of topics. This year’s featured speaker was Miranda Magagnini, the Co-CEO of IceStone. Magagnini talked about her successful manufacturing business and how the company combines quality, high style, sustainability with social responsibility.  Entrants also participated in a workshop with Adjunct Professor Catherine Clark on social impact analysis and building a SROI (social return on investment).  Video of these presentations can be viewed at the Lang Center website.

This year a record sixty-three student teams, thirty with Columbia Business School student partners, submitted to the regional process of the annual Global Social Venture Competition (GSVC).

Twenty-eight student teams presented at Mentor Day to a room of mentors and social entrepreneurs at Columbia for critical feedback.   Similar events are being held for entrants and mentors at GSVC partner schools in California, London, India and Thailand.

The Global Social Venture Competition is organized by the Haas School of Business at UC Berkeley in partnership with Columbia Business School, London Business School and the Indian School of Business.  The competition is also supported by several outreach partners, including the University of Geneva (Switzerland), ESSEC Business School (France), Thammasat University (Thailand), and a consortium of business schools in Korea (Social Venture Competition Korea).  It aims to foster a new generation of business leaders who value both the social and financial potential of business.

This year, the GSVC received business plan submissions from around the globe.  10 finalist teams from around the globe will be selected to compete for cash prizes at the final event in April in UC Berkeley.

The Eugene Lang Entrepreneurship Center and Columbia Business School wishes to thank Milestone Venture Partners for their generous support of the School’s regional process.

For more information on the GSVC, visit www.gsvc.org/.