Tulane University’s Social Entrepreneurship Initiatives- Georgetown University's HOYA Challenge Commercial & Social Ventures
Tulane University’s Social Innovation and Social Entrepreneurship Initiatives integrates the entire school with the surrounding economic and social ecosystem, contributing to local economic development. Partnering with all schools including the AB Freeman School of Business, School of Architecture, and School of Science and Engineering, the program has created many student-led organizations and social ventures that assist with moving students out of the classroom and into the New Orleans Community. Tulane has also created several university competitions including the Tulane Business Plan Competition, the Urban Innovation Challenge, PitchNOLA, and the NewDay Social Innovation Challenge to engage students and community partners with local problems while providing them with financial and technical support to create solutions. These programs offer students the opportunity to access over $100,000 in funding annually.
Georgetown University HOYA Challenge: Commercial & Social Venture Tracks
The Hoya Challenge brings entrepreneurially minded students together by fostering the creation of businesses through involvement in competitions and by providing educational resources. Hoya Challenge hosts events and competitions throughout the academic year with a focus on encouraging students to hone their ideas, develop their business plans, and create pitches to present to judges.
These events culminate to the final competition called The Hoya Challenge, which allows students to compete in the social track or for-profit track. Hoya Challenge helps grow ideas into a reality—The 2012 Hoya Challenge awarded over $20,000 in prize money, along with other great prizes!
This Initiative answers the problem of disconnects between educational preparedness and real-life problems of resource strapped communities. Additionally, it provides the critical opportunity to successfully gage implementation methods of social entreneurships and local government /private business programs.