From the Wires
Newsbyte: SAP and Ashoka Changemakers Announce Winners of Global Entrepreneurship Competition
By: PR Newswire
Nov. 12, 2012 03:00 AM
WALLDORF, Germany, Nov. 12, 2012 /PRNewswire/ -- SAP NEWSBYTE -- SAP AG (NYSE: SAP) today announced the four winners of the global entrepreneurship competition "The Power of Small: Entrepreneurs Strengthening Local Economies." They were selected for their excellence in helping emerging entrepreneurs and small businesses in underserved communities grow and thrive. Each organization will receive US$10,000, a technology donation and promotion and networking opportunities with SAP executives and customers at SAPPHIRE® NOW + SAP® TechEd, being held as a co-located event in Madrid from November 13-16 2012.
The winners are:
"SAP is committed to helping the world run better and improving people lives by supporting entrepreneurs and small businesses to innovate, grow and realize their full potential," said Eric Duffaut, president, Global Ecosystem & Channels, SAP AG, and a member of the judge's panel. "The four winners of our 'Power of Small' competition have innovative strategies that demonstrate measurable social and sustainable impact."
Earlier this year, SAP partnered on the initiative with Ashoka Changemakers, a global community that explores, refines and funds social entrepreneurs' innovative solutions to the world's most pressing social problems. Among the 370 total entries from over 69 countries, 11 finalists were selected by a panel of judges and the Changemakers community voted online to select the winners.
"Entrepreneurship and the creation of local economic opportunities are foundational to social and environmental progress worldwide. We've been thrilled to explore the business and entrepreneurship incubation space with a global company so instrumental to operational efficiency gains and smart growth like SAP," said Tim Scheu, senior change manager, Ashoka Changemakers, which has helped launch and supported over 3,000 leading social entrepreneurs as Ashoka Fellows.
For more information about the "Power of Small" competition, visit www.changemakers.com/powerofsmall. During SAPPHIRE NOW + SAP TechEd Madrid, visit SAP Corporate Social Responsibility onsite in hall 10 and learn more about the competition and winners.
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