The Jim Moran Institute for Global Entrepreneurship Presents the Ideas with Impact Social Entrepreneurship Challenge

Social Entrepreneurship Winners

Congratulations to the 2012 Social Entrepreneurship Winners

First Place: GRACEFUL SOLUTIONS FOR AGING
Valerie Brookens
Dario Costa
Kyle Morelli
Alex Popham

Second Place: INTERNATIONAL GREEN ENERGY
Fabrice Guerrier
Dillon Hazel
Josh Mesnik
Simone Van Holder

Third Place: NOLE POOL
Catherine “Paige” Edwards

Fourth Place: FLORIDA AGENTS OF DIGNITY
Clifford D. Burhans
Catherine Casey
Ryan Petrillo
Timothy Scollo
Maureen Timlin

About The Competition

Do you have an idea that could help someone in need or make a positive impact on society? If so, you should enter the Ideas with Impact Social Entrepreneurship Challenge presented by The Jim Moran Institute for Global Entrepreneurship. Students from all FSU programs can enter the challenge. A business background is not required. Don’t like public speaking? No problem, this competition is all written.

Competition Goal: The idea is to present a business solution to a social problem or issue.

Participants are encouraged to form teams of three to four students to draft a plan for creating and sustaining a business solution to a social problem. You can address any social issue that’s important to you. You may want to tackle poverty, illness or environmental concerns. It doesn’t matter, as long as your solution or idea makes a positive impact.

The business solution can use a for-profit or nonprofit model. The competition is open to all FSU students who are currently enrolled in a degree program.

Competition Overview

Overview of Social Entrepreneurship

What Is Social Entrepreneurship?

Over the last few decades, enterprises challenged the status quo to provide innovative solutions to the world’s most pressing problems. Perhaps one of the most famously cited examples would be Grameen Bank, which adopted an innovative approach to financing. Grameen Bank is responsible for the modern concept of microcredit, offering small loans as a powerful funding strategy for some of the world’s most economically disadvantaged. We have also seen the success of companies like Greyston Bakery with the slogan: “We don’t hire people to bake brownies. We bake brownies to hire people.” Although Greyston makes a mean brownie, its main mission is to employ low-income and underserved individuals. The bakery’s profits support the Greyston Foundation, which promotes entrepreneurship as a way to spur on community and economic development in Yonkers, N.Y.

Today, millions of enterprises are integral to the economic and social fabrics of communities around the world. Entrepreneurs are emerging as effective leaders of systemic, long-term change:

• Like Muhammad Yunus of Grameen Bank, they serve as a bridge between the public and private sectors and address the funding gaps.
• Like Will Allen of Growing Power, they combine resources in novel ways, make unusual alliances and apply business and social thinking to revolutionize urban farming.
• Like Brenda Palms-Barber of Sweet Beginnings, LLC, they sell products through innovative nonprofit/for-profit structures that create employment opportunities for the underserved.
• Like Blake Mycoskie of TOMS Shoes, they are socially-driven and financially astute.
• Like Bill Drayton of Ashoka, they educate and create long-term value rather than temporary wealth, inspiring others to take matters into their own hands.

We invite you, through the Entrepreneurship Challenge, to take matters into your own hands and become an enterprising agent of social change..

Competition Terms

Eligibility and Student Enrollment
Only students enrolled in a degree program (students in certificate programs are not eligible) in the current academic year, August/September 2012 through June 2013, are eligible to compete in the Ideas with Impact Social Entrepreneurship Challenge, which is organized by The Jim Moran Institute for Global Entrepreneurship. An exception will be made for students who both worked on their proposal’s concept in the prior academic year and graduated during the summer of 2012.

Entry Fees
There is no entry fee associated with the Ideas with Impact Social Entrepreneurship Challenge.

Non-Confidentiality
All sessions of the competition, including, but not limited to, oral presentations and question/answer sessions, are open to the public. Any and all of these sessions may be broadcasted through media, which may include radio, TV and the Internet. Any data or information discussed or divulged in public sessions by entrants should be considered information that potentially could enter the public domain. Entrants should not assume any right of confidentiality of any data or information discussed, divulged or presented in these sessions.

Due to the nature of the competition, we are not able to ask judges, reviewers, staff, or the audience to agree to or sign non-disclosure statements. However, The Jim Moran Institute will make every effort to limit distribution of business plans presented at the competition. The Jim Moran Institute cannot guarantee that other individuals will not obtain access to electronic or hard copies of the proposals. All presentations are open to the public, and some subsequent presentations may be videotaped. Attendance by media is expected.

Basic Proposal Format and Instructions
Click here for details.

Copyright and Permission
If a team uses copyrighted materials and/or images from a third party in its submissions or presentations, they must obtain permission and authorization in advance from the owners to use this material.

Changes to Ideas with Impact Social Entrepreneurship Challenge Rules
While not anticipated, the rules and prizes are subject to change at the discretion of Florida State University at any time. Florida State University staff has the right to interpret these rules according to their own judgment.

Decisions Regarding the Competition and the Winners
All decisions regarding the competition rules, procedures, and processes are at the sole discretion of Florida State University. Changes and/or interpretations of these rules may be made by Florida State University at any time, even though they may be (or may appear to be) in conflict with some previously published information. The selection of the teams to compete and the selection of the winners are at the sole discretion of the judges and Florida State University. Every effort will be made to make decisions in accordance with this official rules document.

Use of Ideas with Impact Social Entrepreneurship Challenge Materials
Florida State University reserves the right to use any material prepared for the Ideas with Impact Social Entrepreneurship Challenge to publicize and promote the event. Florida State University may reproduce these materials in print, electronic, digital or other formats as needed. Florida State University may record any portion of the competition and utilize it in any way that it sees fit.

Prizes

For the Winning Team:

• Travel costs and entry fees for up to two members of the winning team to attend national social entrepreneurship competitions (subject to approval by The Jim Moran Institute).
• Consultation and preparation sessions for national social entrepreneurship competitions.
• A professionally produced video pitch for national social entrepreneurship competitions arranged by The Jim Moran Institute.

Approximate Retail Value: $5,000

For the Top Three Teams Overall:

• Breakfast with eMonth Progressive Luncheon keynote speaker, author, business executive and entrepreneur Andreas Widmer.

Prizes are nontransferable. All federal, state, and/or local taxes are the sole responsibility of the winner.

About The Jim Moran Institute

The Jim Moran Institute for Global Entrepreneurship in the College of Business at The Florida State University was established in 1995 through generous donations from automobile industry legend Jim Moran, his wife Jan, and JM Family Enterprises, Inc and supplemented with a major grant from the State of Florida to create a fully-funded endowment and with additional funding from The Jim Moran Foundation. Its mission is to cultivate, train and inspire entrepreneurial leaders in the community through world-class education, leading-edge research and applied training, intensive consulting assistance and mentorship to entrepreneurs and business owners, and public recognition.

The dedicated staff of entrepreneurship professionals, academic scholars, and staff foster the entrepreneurship spirit by helping to organize, expand and promote the knowledge and practice of entrepreneurship in such a way as to facilitate new business and to further the goals of established businesses. Our faculty and staff provide students, faculty, aspiring entrepreneurs, and business owners the tools and expertise necessary to develop strategies that establish and sustain advantages for businesses in today’s competitive marketplace and to creatively pursue new opportunities and innovations involving the startup of new business ventures.

Through a degree program in entrepreneurship, outreach programs that reach across Florida and throughout the world, and complementary activities such as half-day workshops and a speaker series, The Jim Moran Institute currently serves more than 1,000 undergraduates and about 200 businesses each year.

To learn more about The Jim Moran Institute visit www.jmi.fsu.edu.

About the Florida State University College of Business

Founded in 1950, the College of Business (http://www.cob.edu/) is one of the nation’s youngest business schools, yet it has become one of the 10 largest in the nation. With more than 5,642 students, the College boasts a distinguished full-time faculty of 99, including one Francis Eppes professor, seven eminent scholars, three university-named professors, 26 endowed professors and nine fellows.

The College offers eight undergraduate degrees (BS) with ten majors, and the graduate program offers six master’s degree programs (MBA, MSF, MSM, MS in MIS, MSM in RMI and MAcc) and seven majors at the doctoral level (PhD). These academic majors are available through the College’s five departments, which include Accounting, Finance, Management, Marketing and Risk Management/Insurance, Real Estate & Legal Studies.

The College also has one independent, industry-specific program, the Dedman School of Hospitality, which offers one undergraduate degree with two majors. The Dedman School of Hospitality has eight distinguished full-time faculty, which include four endowed professors. The College of Business is also home to 11 centers and institutes.