ISB to Groom Students from China, Thailand & Singapore to Develop Innovative Social Projects

ISB to Groom Students from China, Thailand & Singapore to Develop Innovative Social Projects

The Indian School of Business (ISB) will groom the winning teams from China, Thailand and Singapore for the international finals of the Global Social Venture Competition (GSVC). The Wadhwani Centre for Entrepreneurship (WCED) at the ISB will mentor them to strengthen their business plans by revising their strategy, refocus on the plan and network with people in the relevant industry.

These teams were declared winners at the Asia Semi Final of the GSVC at the ISB. The competition had 215 registrations with a total of 118 business plans sent in from 25 schools in China, Taipei, Singapore, Dubai and Thailand including India.

Talking about the ISB’s role as a mentor, Dr. V. Chandrasekar, Executive Director, Wadhwani Centre for Entrepreneurial Development, said, "We are proud that the ISB plays an important role in grooming these talented and creative social entrepreneurs of the future. Social Ventures have the power to not only promote entrepreneurship but also make a high social impact. Some of the projects mentored by us in the last two years have won various types of resource support and are currently being implemented."

Teams "Doctor Seed" from China and "Verdacure" from Thailand were announced as the winners of the Asian Semi Final of the Global Social Venture Competition 2007.

Team ‘Verdacure’ from Thailand at Asian Semi Final of GSVC

The plan submitted by the Chinese team was on deployment of a plasma seed processor that would result in higher germination rate, resilient plants and higher yields of crops. The Thai team proposed a project for the production of high quality affordable medicines developed from herbs available in Thailand with an oral care product being the first to be developed.

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Contributed by -
Ms. Bhuvana Ramalingam,
Director - Communications,
Indian School of Business, Hyderabad.

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