“New Models of Development” 2009-2010 SEVEN Fund Essay Competition
crossposted from www.socialedge.org
Deadline for Essay submission: December 7, 2009. US$10,000 prize. Open to high school students, undergraduates, and graduate students worldwide.
The S.E.VEN Fund(SEVEN) is announcing its 2009 - 2010 Student Essay Competition. This year we are seeking essays on inspiring new models of economic development from around the globe. The competition will award one (1) student prize of $10,000. The submission deadline is December 7, 2009 at midnight Eastern Standard Time (EST). Winners will be announced on February 7, 2010.
Business journalist Jeff Chu’s article “Rwanda Rising: A New Model of Development” (Fast Company Magazine, April 2009) tells the story of how the African nation of Rwanda is pioneering a new model of economic development that has broken existing paradigms and subverts traditional dynamics where rich donors parentalize the poor, and where development solutions are top-down, driven by sentimentality, and ultimately ineffective.
Chu describes Rwanda’s model of development as placing the locus of responsibility for peace and prosperity on its own shoulders, using business as a force for positive change, turning mere sympathizers into friends, and benign donors into effective partners and investors. With strong leadership, a clear vision, and a mandate to control its own national economic destiny, Rwanda’s approach requires having not just a heart, but also more importantly, a mind for the poor. The more deeply one explores Rwanda’s model, the clearer it becomes that because all partners derive unique benefits this form of development is sustainable.
The SEVEN Fund is looking for other models like this, at the national, regional, or city levels, where communities and leaders have decided to stimulate human and economic development through a “heretical mix” of business strategy, local wisdom, and mutual benefit. Essay writers are asked to review the article, “Rwanda Rising: A New Model of Development”, and in a similar fashion, tell the story of enterprise solutions to poverty in other places, to highlight where these models are taking root and flourishing around the world.
The winner will be announced on February 7, 2010.
The winning essay may be published on SEVEN’s website, or in selected magazines and publications. SEVEN intends to publish a selection of all submitted essays on its website and in other publications. By entering the essay competition, students are understood to give their permission for their essay to be used in that fashion.
SEVEN is a virtual non-profit entity run by entrepreneurs whose strategy is to markedly increase the rate of innovation and diffusion of Enterprise-based Solutions to Poverty. It does this by targeted investment that fosters thought leadership through books, films and websites; supporting rolemodels - whether they are entrepreneurs or innovative firms - in developing nations; and shaping a new discourse in government, the press and the academy around private-sector innovation, prosperity and progressive human values.
The aim of SEVEN Fund programs is to challenge the prevailing mindset in the fight against poverty. We want to stimulate discussion around the questions of whether wealth-creation may be the most effective solution to alleviate poverty. We invest our efforts and resources to discuss, find, research, and document examples where entrepreneurial success is shown to have led to poverty alleviation. In the process, we support entrepreneurs in developing countries with case studies, mentorship programs and publicity and services that help them succeed at what they do.
Who can participate in this competition?
The 2009-2010 student essay competition is open to high school students, undergraduates, and graduate students. Students may be in any field of study (including professional fields, such as medical, business, or law). If you are currently in college, you must be enrolled full-time at an accredited institution. If you are a high-school student or in the process of submitting applications to enter or re-enter college, you must have active applications underway and plan to be matriculated full-time at an accredited institution by the competition’s close date.
How do I submit my essay?
* Submit your essay electronically in an MS Word or PDF format only, using the submission form on SEVEN’s website. All information requested, including contact information, abstract, and essay should be included in a single document. The url is:
* Every essay MUST, in addition to the actual essay, include a 100 word abstract at the beginning of the document.
Along with the submission, you MUST include the following information in the submission form, as well as on the first page of your submitted essay:
* Your full name and mailing address, a contact telephone number and your academic email.
* Your degree-level and field of study.
* Your University’s name, official address and main telephone number as well as the name, phone number and email address of someone we may contact at the university (Faculty member, Department Chair, or registrar) to verify that you are enrolled as a full time student.
* A brief paragraph biography of the author(s)
Essays may not exceed 2000 words and must be written in English. Students may write an essay of less than 2000 words. Do not forget that you MUST submit an abstract along with your essay.
Questions can be sent to info(at)sevenfund.org.
Deadline for Essay submission: Midnight Eastern Standard Time, December 7, 2009
The competition will award one (1) student prize of $10,000.
Acceptable Use of Prize Monies:
* Full Time Tuition
* University/School Housing (only if it is to be paid directly to the University or School)
* Payment against Student Loans