A GLOBAL MODEL FOR INTERCOLLEGIATE COLLABORATION AND
UNIVERSITY-BORNE INNOVATION IN SOCIAL ENTREPRENEURSHIP
The Tibetan Innovation Challenge is a new intercollegiate social entrepreneurship business plan contest, organized by the University of Rochester, aiming to improve the lives of Tibetans living in refugee camps in India through self-sustaining and replicable business ideas.
The Tibetan Innovation Challenge was founded in response to the Dalai Lama’s concern over the outflow of young Tibetans leaving their communities in search of gainful employment. Tibetan refugees face many economic difficulties, which this competition hopes to mitigate by empowering Tibetans to take greater control of their own economic futures. Teams of students from colleges and universities will develop practical business ideas for Tibetan refugees to implement within their communities, with the goal of creating enterprises that will have a meaningful and positive long-term economic impact. The Tibetan Innovation Challenge will connect the brightest, most innovative minds from the nation’s top colleges and universities with underserved populations who stand to benefit from their ideas. The best ideas will be replicable within similar communities and populations in other parts of the world.
All of the business plans generated during the competition are given to the Tibetan refugee community to form the foundations of new Tibetan business ventures. These enterprises are partially financed by the Tibet House in London and The Art of Peace Foundation.
for more information visit: http://www.rochester.edu/tibetchallenge/