Michigan Corps Looking for Entrepreneurs Who Solve Social Challenges

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Do you have an idea or an existing venture that could solve a critical social challenge in one of these areas: chronic unemployment, health and nutrition, the environment, urban revitalization or education? Michigan Corps and its partners have launched the 2014 Social Entrepreneur Challenge to find and support entrepreneurs solving such challenges across Michigan.

Individuals and teams are invited to register by April 30 and complete their submission by May 30. Applicants will be eligible to attend online classes, neighborhood tours, networking events and access a WIKI with FAQs to support the development of their submission before the May 30 deadline.

The 2014 challenge also features special opportunities for the winners to locate their social enterprise in Detroit and Flint. Through neighborhood meet and greet events, applicants will have the opportunity to tour neighborhoods and learn about available real estate and support services for their business or organization.

There are 10 Social Entrepreneurship Challenge Prize Tracks consisting of:

  • Cash prizes ranging from $1,000 – $5,000
  • Admission to Michigan Corps’ Social Impact Investment Fellowship, which includes an investor assessment valued at $2,500; two months’ investment readiness consultation services valued at $12,500; and an invitation to a live impact investor pitch, which is invaluable.
  • Entrepreneur support services including legal services, work space, training and consultation services.

The challenge kicked off last year as the nation’s first state-wide competition in social enterprise.  Read about the 2013 fellows on the Michigan Corps website and learn how their entrepreneurial models are making a positive social impact in Michigan and around the world.  For more information, visit http://www.michigancorps.org/

Michael Forsyth
REVOLVE Detroit Program Manager

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