Nobel Prize Winner Urges Students, Alumni to Launch Social Businesses

31 Jan

A new business plan competition is challenging DePaul University students and alumni to use their entrepreneurial talents to create jobs for workers in Haiti. A social business organization is even offering $10,000 to launch the winning idea.

The contest began with Nobel Laureate Professor Muhammad Yunus, who visited DePaul last fall to accept the St. Vincent de Paul Award. Yunus wants participants to create a social business that will put at least 10 Haitians to work. His Grameen Creative Lab has promised funding up to $10,000 to launch one or more winning ideas.

“If you have the ideas, we’ll find the money,” Yunus told his DePaul audience.

Alumni are welcome to participate in the contest, but they must be on a business team with at least one DePaul undergraduate or graduate student of any major.

Interested in learning more about the DePaul/Grameen Creative Lab Social Venture Business Plan Competition to Alleviate Poverty in Haiti?

All business plans must be submitted by May 15, 2012.

Nobel Peace Prize-winner Muhammad Yunus with students on his DePaul visit in September 2011

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