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HBS Venture Competition Announces Semifinalists

Harvard Business School’s New Venture Competition has announced its 2020 social enterprise track semifinalists.

The Social Enterprise Track of the Competition, which received 53 entries, offers students an opportunity to explore social entrepreneurship and test social innovation ideas. Student teams present their ideas through executive summaries and receive valuable feedback from judges. Winners of the competition receive cash prizes of $300,000, according to HBS. With the coronavirus outbreak, HBS has decided to shift the competition virtually, adhering to health and safety guidelines.

“The Social Enterprise Track brings together expert judges from the field to evaluate entries based on the idea, its potential for social value creation, and the likelihood of achieving success,” Margot Dushin, Director of Programs of the Social Enterprise Initiative at HBS, says in a press release.

THIS YEAR’S SEMIFINALISTS

The 2020 semifinalists of the social enterprise track include –

Accion Colectiva: First advocacy lab in Mexico that combines organizing and online tactics to promote civic engagement.

African Health Institute: Trains young Africans to address emergency and preventative health issues in their community.

Clean Giving: We deploy technology and design to make giving to the homeless safe, personal, and empowering.

DreamworldVR: We are a group of healthcare innovators from Harvard who identified a problem and is fixing it with VR.

GenUnity: Catalyzes the next generation of community leaders through a new civic leadership program.

Hand Hand Revolution: ML/CV-based software for learning and translating American Sign Language.

Innovate for Africa: Trains, places, and supports university graduates in an innovation-driven startup in Nigeria.

Lucidity Health: Clinical decision support for frontline physicians in resource-constrained hospitals.

Microsprout: Empowering families to save for college without breaking the bank.

Miti: Platform for farmers to generate income from carbon offsetting by planting trees.

Mosaic: Provides a complete picture of a patient’s health data across the continuum of care.

OnBoard: Prepares school boards to govern for equity through transformative learning experiences.

SaveIdentity: Empowering communities through collaborative financing and construction worldwide.

Surge Employment Solutions: A workforce development and staffing company for formerly incarcerated people.

Tang: The Tang app allows Filipinos abroad to send money home and the receiver to use the app to pay p2p.

Wala Digital Health: An innovative digital marketplace for blood donation, processing, and delivery.

The four finalists will be announced in April.

Sources: HBS, Poets & Quants, HBS

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