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
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
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
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.