Last Wednesday, President Drew Gilpin Faust sent an email to the Harvard community announcing a university-wide contest on social entrepreneurship.
“The world’s most pressing problems heed no borders, and to better address them we need to work across boundaries to formulate solutions. I can think of no place better prepared to take on such challenges than Harvard,” Faust said in a statement.
The contest is sponsored by Faust and supported by the Harvard Innovation Lab. Ten finalist teams will be given $5,000 each to develop their solution to five global issues that the University will determine.