Social entrepreneurs are a special breed. The MBA students pictured above (Cesar del Valle, Greg Perowne, Monica Noda, John Myer and James Doherty) are a good example of this. They are driven by an altruistic vision to tackle social problems.
Earlier this year, their social start-up idea ‘Origin Network’ won the regional finals of the 4th Annual Hult Prize competition in Dubai. The students were competing against 10,000 applicants from more than 150 countries representing more than 350 higher education institutions.
Their entrepreneurship idea is ambitious and inspiring. They are developing a new business model aimed at addressing food insecurity issues in Indian slums.
If their model succeeds, it could help to improve the lives of the more than 200 million Indian people who are struggling to survive in urban slums.
Next week, the students will be travelling to New York to compete in the global finals and present their idea to world leaders such as Bill Clinton. The winning team will be awarded US$1 million to launch their social venture.
We wish the team luck next week. Whether they win or not, I really hope to see their business idea grow. Society needs more entrepreneurs like them who are committed to changing the world for the better.