Students representing universities in China, India, Japan and the United States will present their ideas to incorporate both financial and socially sustainable solutions for reducing poverty through new business development, in the University of Washington's Business School's second annual Global Social Entrepreneurship Competition.

Set to begin next week, the competition's focus on social entrepreneurship requires that teams find creative and commercially sustainable ways to improve the quality of life in developing countries. Social entrepreneurship is loosely defined as an individual or group whose aim is to create new ways to solve social problems. This can involve setting up not-for-profit businesses, or businesses which make some profit but whose role is to develop the community in some way.

Read more at http://www.uwnews.org/article.asp?articleID=22662.