To the right - The winning team for the SE bootcamp in Singapore Dec 2012, designing an anti-corruption reporting platform.
The Rudolf and Valeria Maag INSEAD Centre for Entrepreneurship (ICE) has developed a wonderful series of limited enrollment 48 hour intensive hands-on workshops designed to build entrepreneurial muscle. Our menu of bootcamps includes: The Start up, Sci-Tech, Applications Development, Acquisitions, and of course, Social Entrepreneurship. The bootcamps are offered over the weekend (beginning on Friday evening and ending on Sunday evening) to INSEAD MBAs and alumni, and often to MBA partners and external people as well.
The Social Entrepreneurship Bootcamps are part of the award winning Social Impact Catalyst programme (Finalist for the AMBA's MBA Innovation Award 2011) have been receiving great reviews (the last bootcamp offered in Singapore received an overall evaluation of 4.75/5). The format is as follows: During the bootcamp, individuals form teams around social venture ideas and/or societal problems they are looking to solve. After teams are finalized on the Friday evening, the participants are walked through frameworks and methodologies to develop their venture throughout the course of the weekend. Some of these frameworks include: defining your value proposition, mapping your activity system, analyzing stakeholders and partnership opportunities, piloting your venture, growing your venture through scaling/replication, assessing your impact, and finding the best means of financing. The bootcamp finishes with pitch presentations in front of external judges - either impact investors, social entrepreneurs themselves, or other experts in the social impact ecosystem.
It is an intensive and thrilling process to experience. Participants have been amazed at how much they can achieve in just one weekend. Some quotes from our participants:
"Best experience I had at INSEAD so far (learning wise). Thank you so much. While before I only thought that this could be an option for the future, I am really inspired to do something asap."
"Very inspiring, motivating and well structured. The bootcamp has now taught me how to start up my own social enterprise and I am thankful for that!"
"I went into the weekend completely blank, but got so enthusiastic about most of the ideas that I lost track of time every time we were working on our project. How cool is that! :) I liked all the examples of actual initiatives that were given to clarify a task or to just show us what is out there... The atmosphere in the group is set to be very stimulating and open so that everyone feels comfortable to share their more personal thoughts and ideas - this is great! - A perfect balance between entrepreneurship & social impact in one weekend."
Moreover, many of the venture ideas formed during the bootcamps have gone on to become real viable organizations. It is an inspiring process of which to be part.
The next Social Entrepreneurship Bootcamps are set to run from February 1-3 in Singapore and February 15-17 in Fontainebleau. For more information on registration, etc., please contact Christine Driscoll Goulay, Associate Director of the INSEAD Social Entrepreneurship Initiative.
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