VirBELA is funded by a $1.7 million USD grant from the Graduate Management Admission Council’s (GMAC) MET Fund Ideas to Innovation (i2i) Challenge, which identified 20 ideas to improve management education and awarded $7.1 million USD in grants to turn the winning ideas into reality. Howland and VirBELA co-founder Ronald Rembisz are the only double winners in the i2i Challenge, for the virtual world idea itself and then for its implementation. The implementation award was made to VirBELA in collaboration with the Rady School of Management and Rembisz & Associates.
“The technologies and methodologies for virtual learning and collaboration will continue to evolve and develop. VirBELA will be on the leading edge of these developments, incorporating them into simulations, serious games, and interactive learning events and activities. Individual and team assessment and development will be enhanced as we pioneer and innovate in the virtual world of VirBELA,” said Ron Rembisz, co-founder of VirBELA.
The deadline for applications is Sunday, September 15, 2013. Teams will be announced on Friday, September 27, 2013.
To find out more about VirBELA and apply for the Global Business Simulation Challenge, go to virBELA.com. For a video demonstration of VirBELA, go to https://www.youtube.com/watch?v=OVgNMveZYxg. For more on the GMAC MET Fund, please visit gmac.com/newscenter.