Tuesday, July 30, 2013

Announcing the Third Annual Hassenfeld Social Enterprise Fund Competition

Start planning now, and you could win up to $30,000 [1] to make a lasting, positive impact with your cross-cultural experience and education at the Hopkins–Nanjing Center!

2013 Hassenfeld Social Enterprise Fund Presentation
This fall, Hopkins–Nanjing Center (HNC) students will have the opportunity to design and implement a business plan for the common good in China. Students will compete in small teams for funding, which the HNC will award at the end of the first semester. Both M.A.I.S. students and Certificate students may participate. The most competitive plans will:

1)      Be well researched, structured, and written, with specific budget and effort projections;
2)      Identify a clear need that you, as HNC students, are uniquely suited to address;
3)      Create impactful partnerships among Chinese and non-Chinese students at the HNC;
4)      Detail a defensible strategy for financial sustainability and feasibility within China;
5)      Have measurable, enduring outcomes with a suggested minimum of a two-year horizon;
6)      Have a well-defined plan for leadership turnover.

The winning plan will receive funding from the Hassenfeld Social Enterprise Fund.

Past winners have built an online bilingual resource for the Chinese and international business community (http://nanjingconnect.com/) and an online platform to connect people interested in volunteering with charities and non-profit organizations in Nanjing (http://nanjingvolunteers.org/). Your project, however, does not have to focus on the internet. A social enterprise:

a)      Directly addresses an intractable social need and serves the common good, either through its products and services or through its business and employment outcomes;
b)      Derives strong revenue from its commercial activity, whether within a nonprofit’s mixed revenue portfolio or through a for-profit enterprise;
c)      Promotes the common good as its primary purpose. [2]

You will receive specific guidelines at the beginning of the fall semester but are encouraged to start planning today.

[1]Award amount depends on quality of plan and availability of funds, at the discretion of the Competition’s Selection Committee.
[2]Definition adapted from the Social Enterprise Alliance (https://www.se-alliance.org/). The Hassenfeld Social Enterprise Competition, the Hopkins–Nanjing Center, and Johns Hopkins University are not directly affiliated with the Social Enterprise Alliance, and reference to it does not imply those institutions’ endorsement of the Social Enterprise Alliance’s views or activities.