Thursday, February 19, 2009

Need ideas? Check out this initiative for social innovation.

It's been awhile since I've got the chance to post, project presentations, case presentations and mid-term exams catching up with me. RUN! =)

The competition model (for the lack of a better term) is very popular and has been relatively successful. I'm not sure whether such a term has been coined but lately many organisations have been partnering schools and/or organising competitions amongst students. For example, many companies sponsor student-organised competitions for a chance to recruit interns into their company. Some organisations use competitions to generate ideas for new products/services.

Whilst searching for a project for my Social Entrepreneurship course, I chanced upon this competition which is pretty meaningful.

Dell Social Innovation Competition

This competition is organised by the University of Texas in partnership with Dell in search of the next big idea/innovation that could change the world. The purpose behind the competition is very meaningful as we see a decline in effectiveness of the existing donations-based model of allievating social problems.

All the require is that you are studying in a 4-year university and have a good idea that could work. *Disclaimer* the eligibility criteria is more comprehensive than that so please visit their website for the full one *Disclaimer* There are 3 simple parts to the competition and only 10 more days before the deadline for entry submission.

Round 1: Idea submission
Students submit their ideas online and people all over the world can view their submissions and vote.

Round 2: Social Venture Plan & Video
Those who got through the first round will write a plan and prepare a video to pitch their idea to the panel of judges.

Round 3: Final Presentation
Finalists get to go to the University of Texas and present their ideas to the panel of judges.

I think the idea behind this competition is good because even if teams don't make it through, the ability for everyone around the world to view their ideas and get in contact with them serves as a good platform for like-minded people to get together and hopefully put some of these ideas into action.

In SMU, even if you're not interested in taking part in the competition, you can get some inspiration for LTB & other related projects from some of the ideas submitted by the competition participants. Especially good for those interested in social entrepreneurship or community involvement projects.

The call for ideas is definitely good, now all we need are people who are capable enough to execute some of these ideas and maybe then the world will truly be changed.

2 comments:

  1. What a awesome competition! I would love to see what's new this year...

    Here is my idea, I hope you like it http://zi.ma/0a0549 :)

    All the best for those who are participating and thanks for supporting me!

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  2. Hi,

    I saw your idea, I think it's awesome. Personally I'm also an advocate of financial literacy and am involved in a couple of projects relating to that.

    I hope to see your social platform take shape regardless of the competition. Let me know if you are looking for partners. I might just know a couple of people who would be interested.

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