Faust announces $100K President’s Challenge
President Drew Faust announced today the launch of the President’s Challenge for social entrepreneurship hosted through the Harvard Innovation Lab (i-lab). This effort is part of Harvard University’s commitment to social entrepreneurship and cross-School initiatives. President Faust is sponsoring this University-wide challenge seeking entrepreneurial solutions to the world’s most important social problems. This Challenge is designed to help students develop and execute solutions to complex systemic problems such as global warming or poverty. “The world’s most pressing problems heed no borders, and to better address them we need to work across boundaries to formulate solutions. I can think of no place better prepared to take on such challenges than Harvard,” said President Faust. The President’s Challenge has been created to give students concerned about global issues access to expertise in innovation and to the process of bringing great ideas to action. “For generations, Harvard students and faculty have risen to the challenges...