Corporate Responsibility Weblog - Instituto de Empresa Business School

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May 05, 2006

IE's MBA Alex Corrie, Finalist of the Business in Development Challenge 2006

Van Culver, IMBA 2006 Candidate
President of Instituto de Empresa's Net Impact Chapter

I'm pleased to report to you that one of our own has been selected to compete in the second round of the Business in Development Challenge 2006. To give you an idea of the magnitude of his achievement, Alex Corrie's plan is one of 75 chosen from over 1600 plans from 90 different countries. If I paid proper attention in my Quantitative Methods class, Alex's plan is in the top 5%. His proposed business aims to help achieve two of the UN Millennium Development Goals (eradicate poverty/hunger and improve environment/housing) by importing and selling fashionable clothing and handicrafts from established artisan groups in the developing world.

What's next for Alex? He will work on his plan with a personal coach until June 20th. Then a jury will select 25 finalists who will be invited to the Netherlands for the BiD Challenge week, September 25-29. In that week they will be personally assessed by the Jury and get the opportunity to present their plan to Dutch based companies and organisations. The jury will select the winners in that same week, on the basis of the business plan and personal assessment.