Suzi Sosa, Executive Director, Dell Social Innovation Challenge and Teju Ravilochan, CEO & co-Founder, The Unreasonable Institute, discuss social entrepreneurship, and creating a start-up for a cause.
Teju Ravilochan is CEO & co-Founder of The Unreasonable Institute. From a young age, Teju wondered what we could to tackle problems like global poverty. Frustrated that this BA in International Affairs wasn't preparing him to do so, he obtained a University Grant to conduct research about the effectiveness of non-profits in India. He learned that traditional charity-based models are not effectively combating poverty. He became inspired by Paul Polak, whose entrepreneurial work has lifted over 19 million farmers out of poverty, and began working with him as his assistant at D-Rev: Design for the Other 90%, eventually leaving to co-found the Unreasonable Institute.
Unreasonable Institute is a mentorship program for entrepreneurs tackling global challenges. Every year, Unreasonable handpicks 25 entrepreneurs from around the world to unite in Boulder under 1 roof for 6 weeks. There, they receive guidance from 50 mentors, like Tom Chi, the head of user experience at Google; Paul Polak, who's lifted 19 million farmers out of poverty; and Hunter Lovins, a Time Magazine Hero of the Planet. They build relationships with over 25 investment funds, scores of other funders, and a network supports them as they work to scale to 1 million beneficiaries.
Suzi leads the Dell Social Innovation Challenge whose mission is to transform university students into active social innovators. Under her leadership the program now engages more than 24,000 students from over 100 countries who work in teams to create real social innovation projects around the world. Each year the Dell Challenge awards more than $350,000 to over 25 student teams and provides one-on-one mentorship to more than 250 teams each year.
Suzi is also the Associate Director of the RGK Center for Philanthropy and Community Service at the LBJ School of Public Affairs in The University of Texas at Austin. She is an Associate Adjunct Professor and teaches both graduate and undergraduate courses in Social Entrepreneurship.
Suzi has more than ten years of experience in social entrepreneurship in both the for-profit and non-profit worlds. She has a particular interest in innovation, design thinking, and organizational models of social enterprise. Suzi has a Masters in Public Administration from the John F. Kennedy School of Government at Harvard and a B.A. in the Plan II Honors Program from the University of Texas at Austin.
Suzi Sosa, Executive Director, Dell Social Innovation Challenge, and Teju Ravilochan, CEO & co-Founder, The Unreasonable Institute, share why the future is now for conscious capitalism and accountable business.