$100,000 in prizes and extensive feedback available to sustainable entrepreneurs
Submitted by: Mentor Capital Network
Posted: Nov 11, 2010 – 04:40 PM EST
WASHINGTON, Nov. 11 /CSRwire/ - In addition to honoring everyone's veterans, all of whom gave some, and some of whom gave all, I'd like to talk about why the organization I have the honor to run is called the William James Foundation.
William James was an American philosopher who came of age in the 1860s. Which means he watched his generation serve their country in the only way they knew how -- by carrying a gun. Often against each other. While he knew that this was one way to be of service, there were others, and he wanted to expand how people could be of service to their community.
The William James Foundation (WJF), named in his honor, also wants to expand how we think about being "of service." While we admire volunteerism, it is a luxury for most of us. At the WJF, we seek to expand the opportunity for people to go to work (and take care of their personal community – themselves and their family) and, at the same time, take care of their wider community – however that is defined (your neighbors, your planet) in a social and/or environmental context.
The WJF does this by working with start-up for-profit entrepreneurs who are discovering and testing the best new ideas in business sustainability – financially viable ways to provide social and/or environmental benefit. (We will also, alas, settle for ideas that do less harm than the current standard.) We work with these entrepreneurs through our socially responsible business plan competitions.
The competition works like this: entrepreneurs submit five page summaries of their business plans to firstname.lastname@example.org by Friday, December 3rd, 2010. The WJF will accept plans from entrepreneurs of any age, from anywhere in the world. Our only requirements are that the plans are for-profit, have defined social and/or environmental goal, and are for businesses that are either pre-revenue or within two years of 1st revenue. More details are at www.williamjamesfoundation.org/intenttocompete.
The WJF will then assign a team of readers, drawn from our pool of more than 450 high-level experts, including multiple-bottom-line owners, managers, and subject matter experts from around the world. These readers review and score the plans, providing detailed constructive feedback on the summaries. Last year we were able to provide an average of 20 pages of feedback per team per round. In mid-January, the WJF will select the top 20% of the plans are invited to submit full plans, and the process begins again.
The top teams from the second round will be in the running for a variety of prizes provided by our partners and sponsors. Prize Categories for 2010-2011 include:
Experienced executives who have successfully walked the path of financial viability with a social mission and who are interested in help the next generation do so are encouraged to learn more about our judging process at: http://www.williamjamesfoundation.org/judging or by contacting us at email@example.com.
Mark Albion, a co-founder of Net Impact and a frequent judge for socially responsible business plan competitions, says that "[The WJF's] process and scorecard are truly first rate, better than other competitions I am involved with."
Organizations and individuals with the desire and ability to provide sponsorships and investments to the next great ideas should contact our executive director, Ian Fisk, at firstname.lastname@example.org.
For more information, please contact:
For more from this organization:Mentor Capital Network