NOTICE: This newsletter was originally sent on Apr 24, 2009.
Leading program at CSU to hold community bike fundraiser.
FORT COLLINS- Two years ago, Colorado State University's College of Business foresaw both a need and an opportunity to choose a new direction for graduate level business education. In launching the Global Social and Sustainable Enterprise program (GSSE), the college hoped that a graduate program focused on ventures with social, economic and environmental bottom lines could attract enough bright domestic and international students to spark a revolution in business school education.
As the GSSE completes its third recruiting season, it has achieved success on many levels, perhaps most notably in the fact that it has been able to attract outstanding students from around the world. The current cohort has students from India, Iraq, Ghana, Nepal, Moldova, Ecuador and Venezuela. Attracting talent from around the world has proven to be a critical driver of success in the ventures that students in the program develop. However, the cost of educating international students has put financial pressure on the program.
Last year, GSSE director Carl Hammerdorfer learned that CU Boulder stages an annual bicycle event that generates over $250,000 annually in proceeds that support student scholarships. Wasting no time, the GSSE has scheduled its own event, taking place on May 9th.
"We felt that if the people of Boulder would turn out to support CU students in the arts and sciences, then supporters of CSU would also come out and ride a bike to support our international students," said Hammerdorfer. "By riding, they make projects in Africa, Asia and Latin America possible that help attack poverty where it lives."
GSSE students are entrepreneurs who believe that business solutions will help narrow the gap between rich and poor more effectively than publically funded programs. One GSSE team, Powermundo, seeks to become a Sears and Roebuck type retailer to bring inexpensive power, light and cooking devices to the working poor in Latin America.
Another team, Cradle of Tea, is working with poor coffee producers to develop a coffee-leaf tea product for sale in western markets. According to Hammerdorfer, efforts like these tend to be more sustainable because the entrepreneur watches both the financial results and the social and environmental consequences of their venture. Unfortunately, our international students have tremendous talent but limited means, which is why we are doing this ride.
The GSSE Community Ride will offer residents the opportunity to support this groundbreaking program while enjoying a family friendly atmosphere and getting as much exercise as the rider chooses. Riders can ride 15-, 42- or 62 miles and can register at www.gsseride.org. The event is being staged in conjunction with the collegiate national bike championships, which are being held in Fort Collins for the second year in a row. After the ride, there will be a number of events, a beer garden and numerous prize drawings. All of the proceeds from the ride support students in the GSSE program.
For more information please visit www.gsseride.org or Contact Carl Hammerdorfer (970) 491-8734