SEVEN Fund Selects Announces Finalists of the
VINE Competition
March 6, 2009 - Cambridge, Massachusetts - The Social Equity Venture Fund - SEVEN - is pleased to announce the finalists of its VINE (Virtual Integrated Networking) Competition. SEVEN will award $50,000 in prizes to individuals or teams of contributors for developing investment indicators for emerging market SMEs. VINE was five–month long online competition that invited anyone with ideas to submit, collaborate, and refine them. Entries addressed the question: What indicators can outside investors measure to help them predict the potential success of emerging market SMEs? The end result will be an index of factors that the SEVEN Fund will release to the public to assist in broader analysis of investment opportunities for emerging market investment.
The finalists are:
Eleven Variables for Venture Capitalists in Emerging Markets
Author: Adam Bronnenkant
Framework for assessing risk of investment
Authors: Trudy Bredthauer, Jacob Bredthauer
High Level Guidelines for Investing
Author: Bryan McCoy (submitting on behalf of Sustainable Development Capital, LLC)
Framework of Factors and Risk Evaluation
Authors: Daniel Cummings, Gregory Robson
Beyond the Indicators: Survival and Determinants of Poverty
Authors: Nancy Tappan, Larry Jacques Jr.
A winner will be selected and announced by the end of February. For more information about the VINE competition, see the original call for submissions.
Entrepreneurs create products, services and jobs. They expand economies, improve people's lives, provide employment (high and rising wages) and bring about competition. A competitive environment, in turn, gives rise to efficiency, meritocracy and further innovations and entrepreneurial drive.
The potent combination of entrepreneurship and technological innovation can forge an environment that is conducive to further enterprise, involving even government policy in supporting entrepreneurship and innovation.
