Global Social Venture Competition
The Global Social Venture Competition (GSVC) provides entrepreneurs seeking to make positive social and environmental advances with $80,000 in seed money mentoring and publicity. Goldman Sachs co-sponsors the competition. Thammasat University in Bangkok is the Southeast Asia partner of the Global Social Venture Competition Southeast Asia Regional (SEA) round. In the competition, new social enterprises present their business models in agriculture, technology, tourism, and education. As of December 2019, the Global Social Venture competition has ceased operations, replaced by a new initiative, Sustainable and Impact Finance (SAIF). Competition organization. The competition is made up  of three rounds. The first two rounds are organized by GSVC regional partner schools, during which entrepreneurs present the social and financial impact of their business. The final round is organized at the Haas School of Business, UC Berkeley. Executive Summary Round. In the Executive Summary Round, teams submit an Executive Summary of their business ideas. Regional Semi-Final Round. A select number of plans are chosen to move forward to the Regional Semi-Final Rounds hosted by our Regional Partners. Teams that advance expand their entries to full business plans, and compete in the Regional Semi-Final Rounds. GSVC  Global Finals. The top two teams from each Regional Semi-Final Round will be selected to compete at the Global Finals at the Haas School of Business, UC Berkeley, which consists of two consecutive rounds. Teams re-submit their business plan and supporting documents. They are given the opportunity to make revisions following the Regional Semi-Finals, for the Global Finals Round. Winners are announced at the culmination of the Global Finals Round, and prizes are awarded as follows: