The second installment in our three-part series on business school competitions focuses on the Walmart Better Living Business Plan Challenge, organized and hosted by the University of Arkansas's Sam M. Walton College of Business. Read more from Crystal Mario below the photo.
Part Two: Walmart Better Living Business Plan Challenge
The Walmart Better Living Business Plan Challenge is currently in regional rounds. The semi-final and final rounds will take place at the Walmart home office in Bentonville Arkansas April 17-19, 2013. Open to universities across the country, the challenge, in cooperation with Net Impact, gives team a chance to pitch their sustainable business solution or products to Walmart executives.
Last year’s winning team was from the University of Virginia. The team included undergraduate, graduate, and PhD students majoring in engineering, medicine, public health, business, and more. They introduced PureMadi, a water filtration system engineered to use local materials and labor and provide clean drinking water to communities in developing countries. The UVA team went home with $20,000 and an award that we designed and made at Rivanna (since we’re in Charlottesville we were of course thrilled that our award made it back home). The cross-disciplinary aspect of this business plan challenge really sets it apart, giving students an opportunity to solve real-world problems as they are solved in the world of business, with experts from many fields and the perspectives of multiple stakeholders.
Stayed tuned for the final part in the series on Friday, March 15!
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