BANGKOK – The final round of the Global Social Venture Competition (GSVC) will kick off here in Bangkok. This marks the first time world’s oldest social venture competition is held outside of the United States.
Manager of the Stock Exchange of Thailand (SET) Ketsara Matchusri said the first GSVC took place in 1999. To win the competition, contestants must present original business ideas that are able to yield sustainable profit from solving social or environmental issues.
The GSVC has so far given awards for over 200 business ideas related to health, education, the environment, and alternative energy, to name a few.
Thailand will host the 2016 Global Finals from April 1st to 2nd at Centara Grand, CentralWorld. A total of 17 teams from 14 countries, including Thailand, will compete in the last round.
In the past, many business projects from Thailand have made it to the final round. The SET Manager cited the online platform entitled ‘Wheel Go Round,’ which was developed to provide traveling information for wheelchair users via Facebook. Wheel Go Round made it to the Global Finals in 2014.
Those interested in learning more about the GSVC are encouraged to visit www.gsvc.org for more information.
