Silicon Valley’s brightest young minds will vie for $150,000 in rewards as part of a full-day entrepreneurial challenge at Stanford University this Tuesday.
The Business Association of Stanford Entrepreneurial Students (BASES), the student-run organization behind the event, has birthed a number of successful companies in its fifteen-year history, notably Kiva, CourseRank and Togetherville. BASES is a hotbed of social entrepreneurship, which is the practice of using business and business process to drive social or environmental change.
BASES events are typically well-attended by entrepreneurs and investors in search of the next big idea. This year saw an upswing in international interest with 1,000 applications pouring in from around the world. The event is supported by the who’s who of Silicon Valley’s venture capital firms, including Sequoia Capital, Accel Partners and Lightspeed Venture Partners.
