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| − | = Enactus (formerly SIFE) =
| + | <p style="margin: 0px 0px 1em; padding: 0px; line-height: 20.15999984741211px; color: rgb(68, 68, 68); font-family: Arial, sans-serif; font-size: 14px; text-align: center;">[[File:Solomonalolga.jpg]]</p><p style="margin: 0px 0px 1em; padding: 0px; line-height: 20.15999984741211px; color: rgb(68, 68, 68); font-family: Arial, sans-serif; font-size: 14px; text-align: center;"></p><p style="margin: 0px 0px 1em; padding: 0px; line-height: 20.15999984741211px; color: rgb(68, 68, 68); font-family: Arial, sans-serif; font-size: 14px; text-align: center;"><span style="color:#000000;"><span style="font-size:small;"><span style="font-family:arial,helvetica,sans-serif;">My name is Solomon Alolga and I'm currently an Accounting and Finance major at Berea College, Kentucky. I was born in Ghana, West Africa and moved to the United States in 2009 to attend Leesburg High School as an exhcnage scholar through the Youth Exhance and Study Program (YES), sponsored by the U.S. Department of State. While in Florida, I volunteered at local schools and taught Ghanaian history to students. I also served as a summer counsellor for a nearby summer camp in 2010. After graduation, I moved to Kentucky to study at Berea College.</span></span></span></p><p style="text-align: center;"><span style="color:#000000;"><span style="font-size:small;"><span style="font-family:arial,helvetica,sans-serif;">I am very passionate about entrepreneurship and technology. At Berea, I am a Fellow of the Entrepreneurship for Public Good, a pretigious program that trains student entrepreneurs on campus to work on strategies to develop solutions to the most pressing needs of the Appalachia region. On campus, I am also involved with Enactus, formerly called Students in Free Entreprises(SIFE) and served as the president from the 2013 to 2014 academic year. </span></span></span></p><p style="text-align: center;"></p><p style="text-align: center;"><span style="color:#000000;"><span style="font-size:small;"><span style="font-family:arial,helvetica,sans-serif;">I am very excited to be a part of the University Innovation Fellows program. I hope that I will gain valuable knowledge, get to hear the stories of other student entrepreneurs, and discover how I can create an ecosystem on campus that encourages students to get involved in entrepreneurship and innovation.</span></span></span></p> |
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| − | == Contents ==
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| − | <span class="toctoggle" style="margin: 0px; padding: 0px; line-height: 1.4; -webkit-user-select: none;"> [[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)# hide]] </span></div><ul style="margin: 0.3em 0px 0.3em 5px; padding: 0px; line-height: 1.4; list-style-image: none; list-style-type: none;">
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Overview <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">1</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Overview</span>]</li>
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Purpose <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">2</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Purpose</span>]</li>
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Distinct_Differences_From_Other_Offerings <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">3</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Distinct Differences From Other Offerings</span>]<ul style="margin: 0px 0px 0px 2em; padding: 0px; line-height: 1.4; list-style-image: none; list-style-type: none;">
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Partners_and_Donors <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">3.1</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Partners and Donors</span>]</li>
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#World_Cup <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">3.2</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">World Cup</span>]</li>
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Scholarship.2FGrants <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">3.3</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Scholarship/Grants</span>]</li>
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| − | </ul></li>
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Impact_Achieved_For_Students_and_Campus <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">4</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Impact Achieved For Students and Campus</span>]<ul style="margin: 0px 0px 0px 2em; padding: 0px; line-height: 1.4; list-style-image: none; list-style-type: none;">
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Campus_and_Community_Impacts: <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">4.1</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Campus and Community Impacts:</span>]</li>
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Outreach <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">4.2</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Outreach</span>]</li>
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| − | </ul></li>
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Steps_Required_To_Bring_Resource_to_Campus <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">5</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Steps Required To Bring Resource to Campus</span>]</li>
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| − | <li>[http://universityinnovation.org/wiki/Enactus_(formerly_SIFE)#Contact_Information <span class="tocnumber" style="margin: 0px; padding: 0px; line-height: 1.4;">6</span> <span class="toctext" style="margin: 0px; padding: 0px; line-height: 1.4;">Contact Information</span>]</li>
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| − | </ul>
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| − | = <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=1 edit]]</span><span class="mw-headline" id="Overview" style="margin: 0px; padding: 0px; line-height: 1.4;">Overview</span> =
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| − | Acumen is a non-profit venture capital organization that raises venture capital funds from charitable organizations and invests in poverty-eradication entrepreneurial ventures across the globe. Unlike any venture capital, Acumen capital invests in long-term debt and equity investments in early-stage companies providing reliable and affordable access to agricultural inputs, quality education, clean energy, healthcare services, formal housing, and safe drinking water to low-income customers.(
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| − | = <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=2 edit]]</span>History =
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| − | Acumen was found at April 1, 2001, with capital from the Rockefeller Foundation, Cisco Systems Foundation and three other individual philanthropists.(site). The foundation envisions an organization that seeks to promote and venture entrepreneial ideas with substantial social impact on poverty reduction. Accumen currently operates in five regions around the world namely USA, India, Pakistan, East Africa and West Africa.
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| − | = <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=3 edit]]</span><span class="mw-headline" id="Distinct_Differences_From_Other_Offerings" style="margin: 0px; padding: 0px; line-height: 1.4;">Distinct Differences From Other Offerings</span> =
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| − | By sourcing donations from charitable organization, Acumen invests the donations in ideas that would not only provide a return, but also a tactical way to tackle poverty.
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| − | Unlike other venture capital firms, Accumen only invests in ideas that have a social impact especially in the areas of agriculture, health, water, housing and energy.
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| − | <span style="line-height: 20.15999984741211px;">Supported by organizations such as Bill & Melinda Gates Foundation, Google, and the Skoll Foundation, Acumen’s investments create long lasting social impacts and help to eradicate poverty.</span><span style="line-height: 1.4;"> </span>
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| − | === <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=4 edit]]</span><span class="mw-headline" id="Partners_and_Donors" style="margin: 0px; padding: 0px; line-height: 1.4;">Leadership p</span> ===
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| − | Some of Enactus' partner and donors include:
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| − | <ul style="margin: 0.3em 0px 0px 1.6em; padding: 0px; line-height: 1.4;">
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| − | <li>KPMG</li>
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| − | <li>Walmart & Sam's Club</li>
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| − | <li>Unilever</li>
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| − | <li>Dell</li>
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| − | <li>The Coca-Cola Company</li>
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| − | <li>PepsiCo</li>
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| − | <li>Harmony</li>
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| − | <li>Campbell's</li>
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| − | <li>Hershey's</li>
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| − | <li>HSBC</li>
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| − | <li>Johnson and Johnson</li>
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| − | <li>The Home Depot<span style="margin: 0px; padding: 0px; line-height: 1.4; font-size: 12px;"> </span></li>
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| − | </ul>
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| − | === <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=5 edit]]</span><span class="mw-headline" id="World_Cup" style="margin: 0px; padding: 0px; line-height: 1.4;">World Cup</span> ===
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| − | Teams from different schools compete internationally in what Enactus has coined the "[http://enactus.org/worldcup/ World Cup]." First, each team must compete at the national level. Projects are judged by business leaders and additional sponsors on the impact that each project has. The judging criteria is summarized in "considering the relevant economic, social and environment factors, which Enactus team most effectivey empowered people in need by applying businss and economic concepts and an entrepreneurial approach to improve their quality of life and standard of living." <span style="margin: 0px; padding: 0px; line-height: 1.4; font-size: 12px;">The winning team of the national championship is invited to compete globally in the Enactus World Cup. The World Cup is held annually in a different country across the world. </span>
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| − | <u style="margin: 0px; padding: 0px; line-height: 1.4;">Past Winners of the World Cup:</u>
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| − | <ul style="margin: 0.3em 0px 0px 1.6em; padding: 0px; line-height: 1.4;">
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| − | <li>2013 - Technical University Munich</li>
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| − | <li>2012 - Belmont University</li>
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| − | <li>2011 - University of Regensburg</li>
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| − | <li>2010 - French University in Egypt (UFE)</li>
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| − | <li>2009 - French University in Egypt (UFE)</li>
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| − | <li>2008 - Memorial University of Newfoundland</li>
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| − | <li>2007 - La Sierra University</li>
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| − | <li>2006 - Shanghai Institute of Foreign Trade</li>
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| − | <li>2005 - University of Zimbabwe</li>
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| − | <li>2004 - Curtin University of Technology</li>
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| − | <li>2003 - Drury University</li>
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| − | <li>2002 - La Sierra University</li>
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| − | <li>2001 - Drury University</li>
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| − | </ul>
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| − | === <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=6 edit]]</span><span class="mw-headline" id="Scholarship.2FGrants" style="margin: 0px; padding: 0px; line-height: 1.4;">Scholarship/Grants</span> ===
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| − | Enactus also allows the collaboration between businesses and students. Businesses are able to fund or sponsor a specific project (not competing in the Enactus World Cup) that the students are asked to solve and work on.
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| − | = <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=7 edit]]</span><span class="mw-headline" id="Impact_Achieved_For_Students_and_Campus" style="margin: 0px; padding: 0px; line-height: 1.4;">Impact Achieved For Students and Campus</span><br/> =
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| − | <span class="mw-headline" style="margin: 0px; padding: 0px; line-height: 1.4;"></span><span style="font-size: 12pt; line-height: 115%; font-family: Calibri, sans-serif; color: black;">Accumen programs are or</span><span style="font-size: 12pt; line-height: 115%; font-family: Calibri, sans-serif; color: black;">ganised as one community and do not currently have </span><span style="font-size: 12pt; line-height: 115%; font-family: Calibri, sans-serif; color: black;">chapters</span><span style="font-size: 12pt; line-height: 115%; font-family: Calibri, sans-serif; color: black;">on campus</span><span style="font-size: 12pt; line-height: 115%; font-family: Calibri, sans-serif; color: black;">. The Acumen programs have brought together 20 Chapters around the world to organize more than 90 events and raised more than $360,000 funds to empower poor communities throughout the world.</span> | |
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| − | <span style="font-size: 12pt; line-height: 115%; font-family: Calibri, sans-serif; color: black;"></span>
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| − | <span style="font-size: 12pt; line-height: 115%; font-family: Calibri, sans-serif; color: black;"></span>
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| − | === <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=8 edit]]</span><span class="mw-headline" id="Campus_and_Community_Impacts:" style="margin: 0px; padding: 0px; line-height: 1.4;">Campus and Community Impacts:</span> ===
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| − | <ul style="margin: 0.3em 0px 0px 1.6em; padding: 0px; line-height: 1.4;">
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| − | <li>Projects can potentially help any part of the campus or community</li>
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| − | <li>Support given to those in need</li>
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| − | <li>Benefit in terms of environment improvement, economic improvement, or social improvement</li>
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| − | </ul>
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| − | === <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=9 edit]]</span><span class="mw-headline" id="Outreach" style="margin: 0px; padding: 0px; line-height: 1.4;">Outreach</span> ===
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| − | There are 37 countries involved with 1,600 universities. Enactus also has 62,000 students who have volunteered and over 7,300,000 hours have been worked on projects.
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| − | = <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=10 edit]]</span><span class="mw-headline" id="Steps_Required_To_Bring_Resource_to_Campus" style="margin: 0px; padding: 0px; line-height: 1.4;">Steps Required To Bring Resource to Campus</span> =
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| − | Universities and Colleges can take the opportunity provided by Accumen and apply directly to investments funding. Projects that are eligible for investments have to be in mid-startup stage with a focus on poverty eradication. Acumen provides brochures, online courses and materials that teach individuals how to use financial tools to create social impact projects.
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| − | = <span class="editsection" style="margin: 0px 0px 0px 5px; padding: 0px; line-height: 1.4; -webkit-user-select: none; font-size: 15px; float: right;">[[http://universityinnovation.org/index.php?title=Enactus_(formerly_SIFE)&action=edit§ion=11 edit]]</span><span class="mw-headline" id="Contact_Information" style="margin: 0px; padding: 0px; line-height: 1.4;">Contact Information</span> =
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| − | HEAD OFFICE
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| − | NEW YORK
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| − | 76 Ninth Avenue, Suite 315<br/>New York, NY 10011, USA
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| − | T: +1 (212) 566-8821<br/>F: +1 (212) 566-8817
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| − | NDIA
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| − | MUMBAI
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| − | 203 Dheeraj Plaza <br/>Hill Road, Bandra West <br/>Mumbai, 400050<br/>INDIA
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| − | T: +91 (22) 6740-1500<br/>F: +91 (22) 6740-1550
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| − | EAST AFRICA
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| − | NAIROBI, KENYA
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| − | 1st Floor, Cape Office Park<br/>Opposite Yaya Centre<br/>Ring Road, Kilimani<br/>P.O. Box 101883-00101 Jamia<br/>Nairobi, KENYA
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| − | T: + 254-20-386-1559/60/61<br/>Airtel: +254 736 073036<br/>Safaricom: +254 716 252802
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| − | PAKISTAN
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| − | KARACHI
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| − | 11-C, 4th Floor<br/>1st Commercial Lane <br/>Shahbaz Commercial Area <br/>Phase VI, DHA Karachi <br/>PAKISTAN
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| − | T: +92 (21) 3584 6430-2<br/>F: +92 (21) 3584 6490
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| − | </div>
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