...it seems that this is the season for competition, and the Illinois MBA continues to motivate students to be a part of the action!
A group of 6 students involved with Net Impact in the program - Jon Chan, Kevin Elens, Alex Garcia, Deon Lucas, Shubhashri Mohanty, John Sadilek and faculty advisor Kathryn Rybka - have been working hard the past few months to compete in the Net Impact Walmart Better Living Business Plan Challenge.
Keep reading to get the details of this exciting opportunity and check back for interviews once they've completed their plan!
The competition challenges students to invent sustainable products or develop sustainable business solutions and present them to a panel of Walmart executives, suppliers, and environmental organizations. The Challenge focuses on the belief that the sustainable actions we take today will improve quality of life for us, our children, and future generations. These actions include preserving clean air, water, and soil; reducing waste; improving energy efficiency or developing renewable energy ideas; and promoting healthy living for people and communities. In addition to gaining an audience with some of the top business and sustainability leaders in the United States, the winning team will receive $20,000 to invest in their business or product.
The Illinois MBA team researched the technologies for a biodegradable cling wrap and developed a business plan for the competition. They will be traveling to Louisville, KY to compete in regionals on March 4. So far this has been a great experience in terms of honing and developing business skills in the areas of finance, strategy, marketing and operations. Additionally, our research has led us to reach out to other departments at the university. The students are excited about the competition and integrating the challenges of corporate social responsibility and sustainability in the business world.
We wish them the best of luck and look forward to hearing about their experience. Congratulations to the team for all the hard work and ongoing efforts!
**Follow this link for even more information on the challenge: http://www.netimpact.org/displaycommon.cfm?an=1&subarticlenbr=2315