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"The greatest good you can do for another is not just to share your riches but to reveal to him his own." -- Benjamin Disraeli

Ever wondered how long the $1 you gave to the old lady selling tissue packets will last?

Ever wished that something could be done for those who have lost their purpose?

Ever thought of helping someone but feeling there is only so much you can do?


Now is the time to answer those questions.


A perfect opportunity to engage your entrepreneurial talents while helping society.
Learn how to start your own social enterprise, while working with us, alongside professionals.
Join us in changing the social landscape. Join MISE. www.mise.com.sg


Register online at www.mise.com.sg by 4th April 2008

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Competition Timeline; All you need to know abt MISE Challenge
Topic Started: Mar 25 2008, 03:30 AM (201 Views)
MISE_Veralene
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Category A - Universities

Category B - Institutes of Technical Education, Junior Colleges and Polytechnics

Structure of Competition

The Challenge organized in the following 6 major phases

• Phase One: Open round of application by participants - Participants will provide basic information about team members as well as a short paragraph on their area of interest (I.e. Disadvantaged children, disabled etc).

• Phase Two: The 40 short-listed teams (20 teams from each category) will attend a one day executive summary workshop to learn how to draft an executive summary. Participants who are unable to attend the executive summary workshop will still be eligible for the competition.

• Phase Three: After the executive summary submission, 20 short-listed teams (10 teams from each category) will generate a business plan based on a given template (downloaded from the MISE website) with the VWO of their choice. Teams have to choose a VWO within the Central Singapore District (the comprehensive list of VWOs can be found on the Resources Page) and their choices should be aligned to the broad category of interest they have specified earlier. A two-day business plan development workshop will also be organized for the participants to assist them in writing the business plan.

• Phase Four: 6 teams will be selected from the 20 short-listed teams at an evaluation session by the judging panel from the Social Enterprise Committee. There will be a Final Day Event where guest speakers will be invited to share their thoughts and the 6 teams will present their business plans to the judges from MCYS and SIP. The Mayor of Central Singapore CDC will be invited to attend as the Guest of Honour.

• Phase Five: These 6 final teams will be strongly encouraged to implement their business plans. They will be assigned mentors from the Social Innovation Park to guide them during this phase.

• Phase Six: These 6 teams will then present their business development and financial reports to the judging panel again, in order to determine the success of the social enterprise. A final prize giving ceremony will be held.


Prizes


Business Plan Presentation Round

Category A / Category B


1st Prize- $4000/$3000

2nd Prize- $3000/$2000

3rd Prize- $2000/$1000

Each Category - 2 Social Innovation Awards


Category A - $1000 per team

Category B - $800 per team

Note: The abovementioned prizes are awarded to participants for the quality of their proposals. This money will not go towards the implementation of their projects in Phase 2. Funding for implementation phase will be provided under the Mayor’s Imagine Fund.

Timeline


S/N Event Registration deadline/Submission Deadline

1 Registration Deadline 4th April (Friday)

2 Executive summary writing workshop. 12th April (Saturday)

3 Deadline for submission of executive summary 12th May (Monday)

4 Business Plan Development Workshop. 7th June - 8th June (Saturday and Sunday)

5 Business Plan Development Workshop. 28th June - 29th June (Saturday and Sunday)

6 Deadline for teams to change VWO 6th July (Sunday)

7 Deadline for submission of Business Development Plans 18th July (Friday)

8 Final Day (Presentation Day) 16th August (Saturday)

9 Business Plan Implementation 17th August to 16th February

10 Deadline for submission of business development and financial reports 23rd February

11 Final Day (Prize Giving Ceremony): Evaluation of implementation results Launch of second edition of MISE 7th March
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