Number of re-entrantsIncrease in scoreAt least one of them get into the finals
DSIC Semi-Finalist Fellowship Overview
SEMI-FINALIST FELLOWSHIP ON SOCIAL ENTREPRENEURSHIP<br />Social Innovation Institute, Brown University<br />
Guiding Principles and Beliefs<br />Collaboration The magnitude of social challenges in communities require that we share ideas and support each others’ efforts. <br />Generosity Social entrepreneurship is based on a culture of generosity. This principle is evident in the proliferation of open sourcing in the social and private sector.<br />Peer Critique Peers are a rich source of expertise, insights, and connections that advance our work.<br />Mentoring Students have the desire and passion to engage in social change work but need mentoring and resources to guide and support their efforts.<br />
Guiding Principles and Beliefs (cont’d) <br />Context Innovation requires deep knowledge & experience about the full context of existing social challenges including how existing solutions are/are not addressing them.<br />Client Focused Communities possess deep, rich knowledge about the root causes of their challenges and are a rich source of innovative ideas.<br />Strong Design Projects should be designed from the beginning with a clear sense of the impact on recipients and respect for community resources<br />
Peer Critique<br />About<br />The Peer Critique is a forum for student entrepreneurs to seek feedback from other students, faculty, alumni, and experienced professionals/entrepreneurs. Peer Critique is founded on the notion that the most useful ideas and suggestions often come from people who have been in or are currently in similar positions. Meeting around a common table, the participants generously and respectfully share their questions, advice, networks and encouragement in a spirit of collegial collaboration. <br />The Critique:<br /><ul><li> Advance Preparation – project update, discussion questions
Approach – Facilitator, Note keeper, Active Listening, Safe Space </li></li></ul><li>Dell Social Innovation Competition (DSIC)<br />Rewards students with the most innovative ideas to solve a social or environmental problem anywhere in the world.<br />The Process:<br />Round 1: Idea Concepts<br />Students post ideas online<br />Participating students vote and comment on ideas<br />Round 2: Semi-Finals<br />100 Semi-Finalists announced March 1<br />Semi-Finalists paired with mentors to receive advice on their plan<br />Semi-Finalists submit detailed venture plan on April 1<br />Round 3:Finals<br />5 Finalists announced on April 15<br />20 Semi-Finalists announced for DSIC-Semi-Finalist Fellowship Program at Brown University<br />Finalists flown to Austin, TX for Finalist Weekend, May 13-15 <br />Awards are made on April 16.<br />
Goals of DSIC Semi-Finalist Fellowship<br /><ul><li>Community: Create a vibrant peer community among the Fellows
Individual skills: Develop the knowledge and skills to design, launch and manage successful ventures.
Mentoring: Provide mentoring and resources to support the development of the project and advance student’s learning</li></li></ul><li>Relationships Built in DSIC Semi-Finalist Fellowship: Aspiration<br />
DSIC Fellowship Pilot Priorities<br /><ul><li>Validate Virtual / Place-Based Design: Have we selected the right elements in the immersive week vs. virtual sessions? Can a network / learning community be nurtured with this design?
Test Scalability Assumptions: What supports are needed to expand to multiple hubs? How should the program be adapted to work globally?
Validate Curriculum & Pedagogy: Does the curriculum address the needs of the semi-finalists / ventures? </li></li></ul><li>Metrics of Success<br /><ul><li>Scoring: Improvement in the application score between Fellows’ first and second entry.
Venture Success: Number of ventures launched & amount of funding raised within 3 years – compare Fellows to non-Fellow semi-finalists.
Career Trajectory: Number of Fellows working in social change organizations after 3 years.
Generosity: Number of Fellows who return each year to participate as mentors.</li></ul>We will look to peer organizations such as Echoing Green, Joshua Ventures and TFA to develop further viable, proven metrics to assess success of the Fellowship.<br />