The Global Social Venture Competition is calling for entries. Deadline is 30 January 2013. “The Global Social Venture Competition (GSVC) provides aspiring entrepreneurs with mentoring, exposure, and $50,000 in prizes to transform their ideas into businesses that will have positive real world impact. In 2012, GSVC received over 600 entries from 50 countries.”

Here are a few of the eligibility rules.

Submitted ventures should plan to be financially sustainable or profitable; whether it is a commercial business or a tax-exempt organization, your venture must have plans to be self-sufficient on earned revenue.

Submitted ventures must be scalable long term. This criterion will mean different things for each business plan. Scalability will take into account the potential for growth of the business, both financially and in its social impact.

Submitted ventures must have a quantifiable social and/or environmental bottom line incorporated into their mission and practices.

Your team must include a graduate student current or within two years of graduation as of December 31, 2012 from any masters-level or post-graduate higher education program in any area of study in the world; the student must be actively involved in the venture i.e., actively participating in development of the business plan or actively working on the business.

Looking forward to tracking this one and supporting teams from Startup Mason and Mason Center for Social Entrepreneurship as they get involved.

via Global Social Venture Competition.