Newswise — Two teams of undergraduate students from Babson College won top awards in the Global Innovation Tournament at Stanford University during Global Entrepreneurship Week.
The Global Innovation Tournament is an "Apprentice-style" competition open to student teams around the world. Teams are given four days to create as much value as possible from a common, everyday object and submit a three-minute YouTubeâ„¢ video demonstrating the value established. This year the object was water bottles.
Babson's E-Tower dorm for entrepreneurs (http://www.etower.org/) sponsored the local competition and judged submissions, awarded prizes, and submitted winners to Stanford " the global host school. The organizers at Stanford University then judged and selected 22 global winners from 292 submissions from around the world.
The Babson College/Olin College team, Bottled Solutions, won Best Overall award. Team members are:
Dinesh Wadhwani " Babson '12
Jacyln Noble " Babson '12
Matthew Alvarado " Olin '10
Francesco Balestra " Olin '12
Charles Offenbacher " Olin '12
Connor Stokes " Olin '12
Robert Sobecki " Olin '12
The Bottled Solutions team created a website campaign that encourages ideas for recycling and shares them on-line for others. Their Al Gore-inspired spoof infomercial promoted product ideas and a call-to-action. View the video at http://www.youtube.com/watch?v=IBnnNWFDSF4
Love, Reuse, Recycle, submitted by Jeff Pfeffer Babson '09, received the Most Romantic award. View the video at http://www.youtube.com/watch?v=s-PurDEfUNk.
Judges included Stanford University representatives, entrepreneurs, and senior business executives.
The Ewing Marion Kauffman Foundation in the U.S. and the Make Your Mark campaign in the UK joined forces to create Global Entrepreneurship Week.
Watch highlights from the Global Innovation Tournament here: http://eweek.stanford.edu/global2008/recognition_global.html. Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit www.babson.edu.
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