The competition is meant for MBA, engineering and other postgraduate students in India, with a focus on bringing new sustainable technologies to market through entrepreneurship.
A large number of entries have been received from Engineering and Management Institutes across India. Shortlisted teams will present their business plans to a panel of distinguished judges including industrialists and venture capitalists on 4th December at IIFT, New Delhi.
The finalists and semifinalists from India will earn a chance to participate in the March 2009 Sustainable Track Global Competition hosted at the Tepper School, Carnegie Mellon University and get cash awards of Rs. 100,000 and Rs. 70,000 respectively, towards roundtrip airfare travel to USA. The finalists will also get an opportunity to interact directly with top-tier venture capitalists and entrepreneurs who can help turn their plans into reality.
Sustainable technology principles are forming the foundation of countless new entrepreneurial ventures, and the competition aims to encourage students who want to create ventures that are financially and environmentally profitable.
Contestants for the Al Gore Sustainable Technology Venture Competition need to prepare a business plan that can meet traditional profitability and return-on-investment standards while also demonstrating eco-friendliness and eco-sensitivity by increasing sustainability. The students will highlight the specific sustainability benefits resulting from the project, such as climate change mitigation, energy efficiency, toxicity reduction, renewability, water security, etc while also spelling out the metrics by which these benefits could be quantified.
The Indian Institute of Foreign Trade and The Foundation for a Sustainable Future hope that- this event will help promote and encourage scalable and replicable business models and technologies which, when combined with the power of the market, can support sustainability on the planet.
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The competition is meant for MBA, engineering and other postgraduate students in India, with a focus on bringing new sustainable technologies to market through entrepreneurship.
A large number of entries have been received from Engineering and Management Institutes across India. Shortlisted teams will present their business plans to a panel of distinguished judges including industrialists and venture capitalists on 4th December at IIFT, New Delhi.
The finalists and semifinalists from India will earn a chance to participate in the March 2009 Sustainable Track Global Competition hosted at the Tepper School, Carnegie Mellon University and get cash awards of Rs. 100,000 and Rs. 70,000 respectively, towards roundtrip airfare travel to USA. The finalists will also get an opportunity to interact directly with top-tier venture capitalists and entrepreneurs who can help turn their plans into reality.
Sustainable technology principles are forming the foundation of countless new entrepreneurial ventures, and the competition aims to encourage students who want to create ventures that are financially and environmentally profitable.
Contestants for the Al Gore Sustainable Technology Venture Competition need to prepare a business plan that can meet traditional profitability and return-on-investment standards while also demonstrating eco-friendliness and eco-sensitivity by increasing sustainability. The students will highlight the specific sustainability benefits resulting from the project, such as climate change mitigation, energy efficiency, toxicity reduction, renewability, water security, etc while also spelling out the metrics by which these benefits could be quantified.
The Indian Institute of Foreign Trade and The Foundation for a Sustainable Future hope that- this event will help promote and encourage scalable and replicable business models and technologies which, when combined with the power of the market, can support sustainability on the planet.
| Check Top MBA Colleges in India by Cities | | |
| Also Read Important Articles on MBA Admission | ||
| Top MBA Colleges in India | MBA Admission | MBA Entrance Exam |
| MBA Placements | MBA Ranking In India | GD Topics |
The Indian Institute of Foreign Trade (IIFT), New Delhi, India, and The Foundation for a Sustainable Future, San Francisco, are organising the second annual Al Gore Sustainable Technology Venture Competition.