As part of NNU’s capstone requirement for seniors in the School of Business, six teams of students have created projects to meet social needs that address poverty, transportation, food, lighting and clean water locally and abroad that they believe are financially sustainable.
Teams will compete in a simulated market setting where judges will rank the teams. The first place winner will earn a $1,500 prize to put toward making their proposals a reality. Winners will also be given the opportunity to compete in the regional social venture competition in Seattle, Wash.
This year’s students have formed the following businesses: Douémour: Providing solar powered light to Rwandans through a one-to-one donation program, Douémour’s objective is to aid in the development of Rwandan communities and to increase families’ standard of living through a stable light source.
4M Tree Recycling: By creating recycled mulch and providing it to customers in Canyon County, 4M Tree Recycling plans to be a green fertilizer provider for local landscaping specialists, nurseries, and homeowners.
Harvesting Hope: Through the founding of a culinary education center that provides culinary experience for underprivileged individuals looking to work in the culinary arts, Harvesting Hope creates an opportunity to learn to cook under a professional chef.
BikeIt Boise: This proposed company focuses on providing bike rentals in Boise, Idaho to encourage healthy living, reduce traffic congestion and make Boise more environmentally friendly.
PURE: By operating a large water purification plant in India, PURE plans to provide and distribute quality drinking water to designated kiosks run by local entrepreneurs.
WasteSmart: In the pursuit of cleaning up disease harboring waste and turning it into useful, desirable, and profitable products, WasteSmart incinerates waste and creates briquettes out of the ash.
The public is invited to attend the second annual Social Venture Plan Competition (SVPC) that will take place Wed., March 20, 2 to 6 p.m. in the University’s Brandt Center, 707 Fern Street. Attendees will be given a virtual $1000 to “invest” in up to three business plans. For more information, please contact Kendra Lubiens at (208) 467-8021.