The Global Social Venture Competition is the largest and oldest student-led business plan competition providing mentoring, exposure, and prizes for social ventures from around the world. The mission of the GSVC is to catalyze the creation of social ventures, educate future leaders and build awareness of social enterprises. The competition supports the creation of real businesses that bring about positive social change in a sustainable manner. Yale SOM joined the GSVC partnership in 2007, and is sponsored by the Program on Social Enterprise, which supports scholars, students, and alumni interested in the connections between society and business, and Net Impact. Activities surrounding the competition offer an excellent opportunity to engage the Yale SOM community in educational outreach and to promote social entrepreneurship. Each year, entrant teams from around the world compete for over $45,000 while gaining valuable professional feedback on their ventures. Since its inception in 1999, the GSVC has awarded more than a quarter of a million dollars to emerging social ventures and has introduced early-stage social venture entrepreneurs to the investment community. Nearly 25% of past GSVC entrants are now operating companies.
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