 Details |
 |
 |
 |
Type
Declaration
Author
Impact Entrepreneurship Group
Posted
March 22, 2011
Categories
Culture
Education
Globalization
Tags
You must be logged in to add tags.
|
|
 About |
|
|
|
Impact Microcredit is a two-tiered competition: a National competition in Canada in May and a worldwide competition in October 2011.
It gives a chance to high school students to create/run their own business, while raising money for charity for one week.We want to foster creativity, the courage to take risks, and a collective responsibility to help those in need.
The competition is facilitated online at http://impact.org/microcredit/. Teams of high school students (500 across the country with participation from international teams) submit a business proposal, learn about entrepreneurship and the other areas of business from our education component, and connect with like-minded peers through the Impact Microcredit social network. In May, we give 200 teams with the best plans one hundred dollars. They then have one week to multiply this initial capital into as much money as possible. 100% of the profit is then donated to a charity of the team’s choice. Outstanding teams and their school will win cash and other prizes.
As you can see, we’ve created a win-win situation. Students benefit, and so do people in need around the world.
Teams of 3-5 youth are granted $100 microcredit loans t
|
 Related Events |
|
|
|
Impact Microcredit Nationals
(May 25, 2011
- June 3, 2011
)
|
|
 |
Organization
This resource was created by:
Impact Entrepreneurship Group
Impact's goal is to create the next generation of entrepreneurs and help young entrepreneurs realize their true potential. Impact connects people, knowledge and ideas, recognizing success and providing inspiration to leaders at every stage of their development. Impact has hosted over 50 programs...
|
 |
|
|
|
|
Toolkit/Publication:
view more
Home
Browse Resources
