NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, November 2, 2012

SANTA CLARA, Calif., Nov 01, 2012 (BUSINESS WIRE) — Applications are now open for Santa Clara University’s Global Social Benefit Incubator (GSBI(TM)), an 11-year-old program that helps social entrepreneurs create greater impact in their poverty-alleviating missions.

This year, the program has been renamed GSBI Silicon Valley and revamped to focus on later-stage, investment-ready organizations with potential to reach significant scale. Up to 15 accepted enterprises will receive eight months of mentoring from Silicon Valley veterans, 10 days of intensive, on-campus education, and — for the first time this year — will be paired with at least one interested funding partner.

GSBI Silicon Valley 2013 is seeking applications from proven social enterprises — those that have been able to reach large numbers of beneficiaries. Those selected will utilize their eight months in GSBI to develop skills and martial resources to achieve operational excellence and attract financing that enables rapid, effective expansion of impact. Qualifying criteria for applicants can be found on the GSBI website.

GSBI Silicon Valley 2013 applications must be completed fully by Jan. 11, 2013. Ten to 15 successful applicants will be awarded scholarships valued at $25,000 each; the in-residence portion at Santa Clara University is scheduled for Aug. 15 to 23, 2013.