On November 10, EARTH University hosted the sixth Cumbre Agroempresarial, our annual social entrepreneurship competition for second-year students. This year’s event, held online, featured 16 teams formally presenting the results from their past year of business operation projects.
Social entrepreneurship is one hallmark of an EARTH education. In their first year, students form groups of four to six classmates to build an enterprise. They pitch triple-bottom-line venture ideas, which aim to address major global problems like hunger, climate change, or gender inequity. Then, they draft full business plans.
The University grants each approved company a loan to operate the business during the students’ second academic year, which is capped by the Cumbre. Second-year students close their respective business and evaluate its profitability and effectiveness. After repaying the loan with interest, the team distributes its financial gains internally.
This year, the following six teams advanced to the Cumbre’s semifinal round:
After being evaluated by an international jury, Planticas won third place, Ocha second place, and Yahman first place.
“For us, winning was a reflection of the effort we have made since the beginning,” said Fabiola Rojas (’22, Costa Rica), manager of Yahman. “We believe we showed the judges how these types of projects can positively impact other people. We are grateful and proud of our work.”
We applaud the dedication, creativity, and late nights that all our students invested in their businesses. The skills acquired during the experience will propel them even closer to the attainment of their own goals and those of their communities.
To learn more about recent social entrepreneurship projects by EARTH students, click here.