What is social business?
The term Social Business was defined by Nobel Peace Prize laureate Prof. Muhammad Yunus and is described in his books Creating a World Without Poverty—Social Business and the Future of Capitalism and Building Social Business—The New Kind of Capitalism that Serves Humanity's Most Pressing Needs.
What is the Blue Cross & Blue Shield of Mississippi Social Business Challenge?
A challenge for Mississippi public university students to develop plans for a business that will serve Mississippi’s most pressing needs. This year, the focus will be on solving the problem of obesity and related health issues.
How will the Blue Cross & Blue Shield of Mississippi Social Business Challenge work?
The competition is open to any public university students. Students will work in teams of 3-6 members and at least one faculty advisor. Teams may also seek assistance from subject matter experts.
What are the goals for the Blue Cross & Blue Shield of Mississippi Social Business Challenge?
The goals are to encourage students to develop ideas for solving Mississippi’s most pressing problems, learn important lessons about planning, teamwork and presenting ideas, and to showcase the talent and skill level of our students.
Are there other social business challenges?
Yes, the Hult Prize, the University of New Hampshire Social Venture Innovation Challenge, the Michigan Business Challenge, and the DBS-NUS Social Venture Challenge Asia.
How many judges will comprise the judging panel?
There will be five judges on the judging panel at the Statewide Competition. Each university will determine the number of judges needed for the judging panel at the Campus Competition. The On-Campus Coordinator will make the determination on the number of judges needed.
Are teams allowed to substitute members?
No. The team members entered at the time the online application is submitted will comprise the team throughout the competition, up to and including awarding of any prize money, if earned and available. If any team member is unable to be present for the oral presentation at the state competition, the other team members will participate in the oral presentation. It is the responsibility of the team advisor, chair and co-chair to ensure that all team members submitted on the online application share duties equally in the development of the plan.
Are teams allowed to provide handouts of the Powerpoint, Keynote or Prezi presentation to the judges?
Yes. If the team chooses to provide handouts, it should bring five sets so that each judge may have one. No copies will be made onsite.
Are teams allowed to have artwork or information on display in addition to the Powerpoint, Keynote or Prezi presentation?
Yes. The team is responsible for the design, production and display of the artwork or information, including bringing an easel or stand.
Are teams allowed to provide samples of their product, including food samples?
Are teams allowed to remain in the room while other teams are presenting?
No. Teams will move to the foyer until called to give their presentation to the judges. Other university personnel may remain in the Board Room.
Identification of the institution was not permitted on the proposal to ensure "blind" judging. Are institutional logos and identification permitted or prohibited during the presentation?
The scores of the written proposals, which were scored without identification of the institution, comprise 75% of the total score. Institutional logos and identification are permitted for the oral presentations, which comprise 25% of the total score.