DURHAM, N.H. (AP) — A competition originally aimed at New Hampshire college students is expanding to include aspiring entrepreneurs of any age statewide.
The Social Business Innovation Challenge is hosted by the University of New Hampshire. Participants must come up with innovative solutions to problems such as poverty or climate change and show how they could sustain their business through earned revenues and profits rather than grants or donations.
Prizes will be awarded in September when the university hosts a statewide forum on social business and microfinance.
Winners of the community competition will get $3,000, plus 100 hours of consulting and six months of participation in the New Hampshire Innovation Commercialization Center's accelerator program.