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Koç University Seeks Entrepreneurs


News provided by

Koc University

28 Oct, 2013, 09:00 GMT

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ISTANBUL, October 28, 2013 /PRNewswire/ --

The Global Social Venture Competition (GSVC) has begun, and for the 3rd year, Koç University will host an Executive Summary round of the competition as an Outreach Partner within the GSVC global network. The competition provides an opportunity for graduate students from Turkey, the Caucasus, MENA to realize their impact-driven business ideas that target local and global societal challenges. Grand Prize and other winners at the Global Finals held in April 2014 at UC Berkeley team will be awarded up to 50.000 USD.

On October 22nd, the Info Session series for Global Social Venture Competition (GSVC) began. GSVC aims to transform creative ideas into impact-driven businesses, which combine financial sustainability with positive societal impact at their core. 

GSVC seeks to reward projects that are both financially and socially sustainable, and have the highest levels of social impact potential. The competition is open to graduate students only. The team has to have at least one graduate student to apply. The competition encourages the social entrepreneurs to build a business plan with sustainable solutions to issues common to cities, society, environment or humanity.

During the period that cover the Info Sessions and Executive Summary workshops, consulting services will be available from the GSVC team at Koç University; there will also be matchmaking events for team members to find each other and discuss their social venture ideas. The GSVC team at Koç University will select an experienced, diverse jury to select a shortlist of teams, and from that two will advance to the Regional Finals. Following the review of applications, mentors will be assigned to those teams selected to advance to the Regional Finals held in March 2014 in London.

The submission deadline for Executive Summaries is: January 17, 2014. Detailed and up-to-date information regarding application guidelines, info sessions, special guests and the competition schedule you can visit http://gsvc.ku.edu.tr or facebook page: http://www.facebook.com/gsvcku?fref=ts

The Three Stages of the Competition

GSVC is composed of three stages. The first stage involves the preparation/submission of executive summaries by entrepreneurs. The second stage is the regional finals hosted in London, and the top projects participated the regional finals will compete at global finals in Berkeley. Social venture teams are expected to present the social, financial, and environmental impacts of their projects at all stages.

For submission condition & eligibility please visit: http://gsvc.ku.edu.tr/application

James Halliday, International Coordinator for Strategic Advancement, gsvc@ku.edu.tr, Phone: +90-2123381812

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