GSVC is a business plan competition by ISB in association with the following business schools: University of California - Berkeley, Columbia University, and London Business School. Strathmore is the Africa co-ordinator of the competition.
The students from Strathmore are Maureen Shole (MCOM), Gabriel Wambua (BBIT), Mary Njambi (BCOM), Terry Kiboi (MCOM), AnnElsie Waiharo (BCOM), and Ann Waitherero (BCOM). Maureen is the team leader of one team and Terry is the team leader of the other team. Dr James McFie is the Faculty Advisor.
Teams that emerge top at the Asia-Africa stage will go to the global finals at Haas, Berkeley in the US in April. The competition looks for profit-making ideas that have high social impact. The plans should promote entrepreneurial businesses that satisfy two criteria. First: clear and measurable social objectives and impact. Second: they should be financially sustainable in the sense that they are profitable or self-supporting through revenue generation.
It is the second time that Strathmore is taking a team to the Asia-Africa regional finals. Last year’s team made history as the first team from Africa to ever qualify for the competition when it was short-listed. It went ahead to reach the top six teams from the whole of Asia and Africa at the competition.
Stanford University’s ‘Re:Motion Designs’ team won last year’s global competition and was awarded U$25,000 (about Kshs2 million). Harvard’s ‘Ruma’ team was second and got U$10,000, while the ‘Bags of Hope’ team from Guanghua School of Management – Peking University (China), and ‘WE CARE Solar’ from Haas Business School of University of California, Berkeley were both second runners up.
See: http://www.gsvc.org/finalists_winners/gsvc_winners/
www.strathmore.edu
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