From the Associated Press:
“A competition being held this week by North Carolina’s public university system pits 31 student-led teams that are presenting business plans for enterprises that would both generate profits and help the needy.
“The first North Carolina Social Business Conference on Thursday promises to boost, if only a little, a hybrid of business and charity getting more attention since the Great Recession highlighted that free markets can’t provide all society needs. The competition at North Carolina A&T State University in Greensboro is also a platform for the university system to show off its 17-campus emphasis on pulling concepts out of classrooms and into commerce.”
The keynote speaker is Muhammad Yunus, the 2006 recipient of the Nobel Peace Prize. Yunus originated the concept of microfinance. He an economist and educator from Bangladesh.