So what is the idea with the SEC? What is behind this newly proposed concept? The truth is change, and not just change that reaches our University, but change that impacts our community and the world we live in. We as fellow students at the University of Texas San Antonio hope that the UTSA SEC is a place where students from across the university can submit an idea for a new business concept, process, or technology, and then have it feasibility tested by faculty and professionals. If this idea holds water, then the student will receive free professional counseling on the planning, resource gathering, and launching of their innovative idea. We believe that the current degree focus of Small Business and Entrepreneurship is effective at educating students on concepts, but not enough to get them to step out of their comfort zones and begin new ventures. A center that helps students from any school in the university to launch such ventures, is what we hope to create. This will, in theory, help to begin businesses that will draw jobs, capital, and creative people to our city and university. Some examples of this happening are Silicon Valley mainly started and supported by Stanford entrepreneurs, as well as Austin's multi-billion dollar, semi-conductor and technology industry supported by the University of Texas - Austin. However, we not only hope for large potential financial providers to be launched, but also socially responsible businesses that focus on finding solutions to today's social problems. Please feel free to comment with any ideas or suggestions you might have.

Monday, October 18, 2010

Social Entrepreneurship

One of the types of business that the SEC is looking to support is Social Enterprise.  These are companies, who from the outset, have the goal of solving a social problem, or meet a need often overlooked by society.  Social Entrepreneurs are extremely innovative because they not only have to come up with a great idea to make money, they have to connect it to a solution for society's dirty laundry. If you're wondering what a social enterprise might look like, Kiva is a great example. Check out this video! TED: Kiva
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