Win $5,000 by designing a for-profit business along the lines described inThe Business Solution to Poverty — a multinational company that will in the space of one decade gain at least 100,000,000 $2-a-day customers, generate annual revenue of $10 billion or more, and earn big enough profits to attract mainstream capital investors.
In collaboration with Net Impact, the 40,000-member global organization of business students and young professionals dedicated to creating creating positive social and environmental change, Paul Polak and Mal Warwick announce The Business Solution to Poverty $5,000 Challenge. The rules are simple:
1. The contest is open to all, regardless of age, nationality, educational status, or any other distinguishing characteristic. If the Net Impact site indicates otherwise, please ignore that.
2. Each entry must describe in no more than 700 words how to apply the principles of zero-based design (as explained in The Business Solution to Poverty: Designing Products and Services for Three Billion New Customers by Paul Polak and Mal Warwick) to build a mission-driven business that will help transform the lives of at least 100 million people now living on $2 a day or less, generate annual revenues of $10 billion or more, and earn generous enough profits to attract mainstream capital investments.
3. Your entry must be posted online at http://www.netimpact.org/pfg no later than February 7, 2014. Each submission must explain what product or service the business will offer, where and how the pilot effort will be conducted, how the offer will be marketed, and how the product or service will be delivered to poor people. Applicants must take into account the needs of rural as well as urban poor.
4. Paul and Mal will judge all entries, and their decision is final. The winner will be announced no later than March 7, 2014, at which time the $5,000 prize will be awarded.
5. In addition to the cash prize, the winner and two runners-up will each be eligible for up to three hours of guidance from Paul and Mal to facilitate the development of their ideas into practical business enterprises.
6. At least one month prior to the February 7, 2014, deadline, Paul and Mal will hold a Google Chat open to all applicants who have questions about the challenge.
7. It is suggested though not required that all applicants read The Business Solution to Poverty to gain a deeper understanding of zero-based design.
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===================please note most of this column is due to be re-edited we hope to issue a list of yunus top 10 stories but when it comes to solutions matching those challeges there's all to play for as web3 is humanity's last chnace to leap ahead
hottest youth-spring question of our life and times-can online education end youth unemployment for ever ? yes but only if you help map how!
Breaking News to action now!
About Pro-Youth economics at Norman Macrae Foundation online library of norman macrae - The Economist's Unacknowledged Giant -videos 1 2 -fansweb NMFoundation- youth projects - include yunuschoolusa
fullest press reports Grameen Brand Partnership Architecture
exponential impact advisory: the social business youth networks inspired by muhammad yunus -without which millennium goal actions networks would be way behind are worth far more than any individual parts according to Norman Macrae Foundation trilliondollaraudit methodology and charter notespace
Beyond the extraordinary investment of the members bank at Grameen, and the approximate third share its members foundation holds in grameenphone, here is our Unofficial League Table of Most Impactful Social Business Investments around yunus - last update 1 dec 2012
! Grameen Solar
2 Grameen Mobile Nursing nets and college
3 Portfolio of investments linkedin by Japan
4 Portfolio of youth-led networking inventions in US educationsystem tertiar and secondary - transparency note NM Foundation has minor donation/loan interest
5 Investments in Grameen as collaboration brand linked in out of paris- the origin of global social business partnership funds
6 OpenTech investments of Grameen Intel
-------- while not controlled by yunus we see wholeplanetfoundation microcredit investment table and conscious capitalsm movements and hugely important to advancing pro-youth economicsmission of friends of youth and yunus
email chris.macrae@yahoo.co.ukif you have questions or recommendations of entries that should be in this league table
-please read notes about what pro-youth economists mean by superapps being most
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