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IE Admission Process • Question D
IE Admissions Question D Mateo Monsalve
• Student at USFQ in Quito-Ecuador
• Currently on my fifth and last year of an
Economics Major
• Finance Vice-President of student
government and student representative for
the Academic Affairs Comittee
Background: Who am I?
Introduction
2
IE Admissions Question D Mateo Monsalve3
Introduction • Background
• Problem to be solved
IE Admissions Question D Mateo Monsalve
• Students willing to do research at an
undergraduate level do not have
access to any way of funding.
• Student entrepreneurs do not have
acces to any form of funding to stablish
their own business.
• The prestige of my universtity was at
stake, no funding means no innovation
and no entreprenourship, which means
no recognition.
Background: What was the
problem?
Introduction
4
Solution • Reinventing Gobe-Grants
• Process
• The final product
IE Admissions Question D Mateo Monsalve
Gobe-Grants
6
IE Admissions Question D Mateo Monsalve
What is a Gobe-Grant?
7
IE Admissions Question D Mateo Monsalve
What is a Gobe-Grant?
8
With the help of the student
government (Gobe), I
developed a plan to fund
students ideas. The plan is
called Gobe-Grants and it
consists of two types of
financial aid.
IE Admissions Question D Mateo Monsalve
Types of Gobe-Grant
9
1. Research Gobe-Grant: Focused to help
students that want to do research, participate
in an academic competion.
1. Nonreimbursable.
2. Three application windows throughout the
semester.
2. Entreprenourship Loan: Loan granted by
Gobe with the purpose of helping student
entreprenours to establish their own business.
1. Reimbursable.
2. Interest of 5%
3. Payable at the end of each semester.
4. Open application
IE Application Mateo Xavier Monsalve Crespo Question D
Gobe-Grants Process
Who can apply
Any USFQ
undergraduate student or
USFQ official club
Application
process
Research Gobe-Grant
Selection of jury and
Gobe-Grant Consesion
Loan Repaymemt
Loans are payable at
the end of each
semester
Business pitch
The project is presented
to Gobe-Grants Panel
Who can apply?
Any USFQ student or
alumni
10
Researc
h
Entreprenourship
Results
• Results of research
Gobe-Grants
• Results of
entreprenourship Loans
IE Application Mateo Xavier Monsalve Crespo Question D
Gobe-Grant Applications
0
10
20
30
40
50
November December January Febraury
Research Grant Loan
• Students have shown
increasing interest in Gobe-
Grants.
• The number of applicants has
increased considerably since
its instauration in November
2014.
• Applicants from all University’s
departments, including faculty
and University clubs.
Evolution of Gobe-Grants
18
IE Admissions Question D Mateo Monsalve
• Over the lapsus of four months, 12 research
Gobe-Grants were granted.
• The Grants were destined to community
projects, research (engineering, economics,
law), academic competition.
• Groups that recieved the Gobe-Grants went
on to win academic competitions and
research awards at a national as well as at
an international level.
13
Results Research Gobe-Grants
IE Admissions Question D Mateo Monsalve
• A total of 17 applications to recieve a loan to
start a business.
• Last semester every loan was fully
reimbursed, making a profit for the student
government to which the Gobe-Grants
program belongs.
14
Results Entreprenourship Loans
IE Admissions Question D Mateo Monsalve
Results
15
Further Information
get more information on the USFQ Gobe or the Gobe-Grants program please
http://www.usfq.edu.ec/estudiantes/gobe/Paginas/gobe.aspx

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IE Admissions Question D

  • 1. IE Admission Process • Question D
  • 2. IE Admissions Question D Mateo Monsalve • Student at USFQ in Quito-Ecuador • Currently on my fifth and last year of an Economics Major • Finance Vice-President of student government and student representative for the Academic Affairs Comittee Background: Who am I? Introduction 2
  • 3. IE Admissions Question D Mateo Monsalve3 Introduction • Background • Problem to be solved
  • 4. IE Admissions Question D Mateo Monsalve • Students willing to do research at an undergraduate level do not have access to any way of funding. • Student entrepreneurs do not have acces to any form of funding to stablish their own business. • The prestige of my universtity was at stake, no funding means no innovation and no entreprenourship, which means no recognition. Background: What was the problem? Introduction 4
  • 5. Solution • Reinventing Gobe-Grants • Process • The final product
  • 6. IE Admissions Question D Mateo Monsalve Gobe-Grants 6
  • 7. IE Admissions Question D Mateo Monsalve What is a Gobe-Grant? 7
  • 8. IE Admissions Question D Mateo Monsalve What is a Gobe-Grant? 8 With the help of the student government (Gobe), I developed a plan to fund students ideas. The plan is called Gobe-Grants and it consists of two types of financial aid.
  • 9. IE Admissions Question D Mateo Monsalve Types of Gobe-Grant 9 1. Research Gobe-Grant: Focused to help students that want to do research, participate in an academic competion. 1. Nonreimbursable. 2. Three application windows throughout the semester. 2. Entreprenourship Loan: Loan granted by Gobe with the purpose of helping student entreprenours to establish their own business. 1. Reimbursable. 2. Interest of 5% 3. Payable at the end of each semester. 4. Open application
  • 10. IE Application Mateo Xavier Monsalve Crespo Question D Gobe-Grants Process Who can apply Any USFQ undergraduate student or USFQ official club Application process Research Gobe-Grant Selection of jury and Gobe-Grant Consesion Loan Repaymemt Loans are payable at the end of each semester Business pitch The project is presented to Gobe-Grants Panel Who can apply? Any USFQ student or alumni 10 Researc h Entreprenourship
  • 11. Results • Results of research Gobe-Grants • Results of entreprenourship Loans
  • 12. IE Application Mateo Xavier Monsalve Crespo Question D Gobe-Grant Applications 0 10 20 30 40 50 November December January Febraury Research Grant Loan • Students have shown increasing interest in Gobe- Grants. • The number of applicants has increased considerably since its instauration in November 2014. • Applicants from all University’s departments, including faculty and University clubs. Evolution of Gobe-Grants 18
  • 13. IE Admissions Question D Mateo Monsalve • Over the lapsus of four months, 12 research Gobe-Grants were granted. • The Grants were destined to community projects, research (engineering, economics, law), academic competition. • Groups that recieved the Gobe-Grants went on to win academic competitions and research awards at a national as well as at an international level. 13 Results Research Gobe-Grants
  • 14. IE Admissions Question D Mateo Monsalve • A total of 17 applications to recieve a loan to start a business. • Last semester every loan was fully reimbursed, making a profit for the student government to which the Gobe-Grants program belongs. 14 Results Entreprenourship Loans
  • 15. IE Admissions Question D Mateo Monsalve Results 15 Further Information get more information on the USFQ Gobe or the Gobe-Grants program please http://www.usfq.edu.ec/estudiantes/gobe/Paginas/gobe.aspx

Editor's Notes

  1. Las ineficiencias en la organización burocrática son vistas como malas para el desarrollo económico. Estados ineficientes se caracterizan por bajos niveles de bien público. Los ricos pueden utilizar el clientelismo para establecer políticas favorables a ellos. Estados ineficientes tienden a establecerse en el tiempo con ayuda de los burócratas.