Prizes & Benefits
Social Enterprise Track
Cash Prizes
- $75,000Winner
(in cash, plus in-kind services) - $25,000Runner-Up
(in cash, plus in-kind services)
Peter M. Sacerdote Grand-Prize & Runner-Up Prize
The Sacerdote Prizes were initially established in 2003 by Peter M. Sacerdote (MBA 1964) to encourage more HBS graduates to become involved in social enterprises and to support their efforts.
Resources & Benefits
The social enterprise track of the student New Venture Competition offers a number of resources and benefits:
A series of workshops & office hours covering topics such as how to develop a social enterprise business plan, identifying the market for social ventures, financial modeling, pitching and presenting, and perspectives from practitioners and entrepreneurs; and mixers to facilitate multi-disciplinary collaboration and team-building.
The catalyst to develop a Business Plan & Executive Summary synopsis and for semi-finalists and finalist teams the opportunity to present.
Feedback from expert judges at multiple stages in the process to help strengthen and develop ideas within the competition and beyond. Past judges have come from leading social sector organizations such as ACCION International, Draper Richards Kaplan Foundation, Echoing Green, Invested Development, and The Bridgespan Group.
Fast-tracking & in-kind awards for winners and runners-up, in addition to financial awards totaling $75,000.