9 Mar 2011

McKinsey social enterprise competition

On Purpose is helping to promote and deliver this exciting competition for UK students. There is only just under 2 weeks in which to submit your ideas, so do get thinking!








Calling all social entrepreneurs! Have a great idea and want £5,000 funding?

McKinsey & Company are launching "McKinsey Students in Society 2011" a new social enterprise competition for university students across the United Kingdom. The competition offers a unique opportunity for students to develop project planning and business skills while seeking to make a real difference to society or local communities. To participate, teams of 3-6 students from any UK university will submit short business plans for social enterprises – financially sustainable businesses which are run to meet a social or environmental need.

The first round is a simple online process open now until Monday 21st March. Students submit a compelling social enterprise idea and describe what its impact would be on society. Six national finalists will be selected to develop their ideas in greater detail. These finalists will receive further coaching to develop their plans in preparation for the National Final in London, in May 2011. Our prestigious panel of judges from the private, public and social sectors will select the winning team and host a fun evening for all finalist participants. The winning team will receive seed funding of £5,000 for their social enterprise and ongoing support from McKinsey consultants to help get their idea off the ground.

To find out more and to submit your entry "like us" @ www.facebook.com/MSIS2011 and visit us online @ www.msis2011.mckinsey.com. To find out more about On Purpose's work in Social Enterprise, please visit www.onpurpose.uk.com

So get thinking and good luck!

The MSIS team

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McKinsey & Company is a global management consulting firm. Our clients call on us as trusted advisors to help solve some of their toughest and most critical challenges. For more information about our company and careers, please go to:
www.mckinsey.com

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