Enactus Teams Drive Business Innovation To Create Positive Impact
This week at the Enactus World Cup, the top four best-in-class student teams from around the world presented how they are using entrepreneurial action and business innovation to tackle the global water and sanitation crises in the World Water Race.
In the Water Race, the Enactus team at Shri Ram College of Commerce in India won for their project Asbah, which is creating access to safe drinking water to residents in rural and urban slums at a fraction of the price previously paid for drinking water. The team is partnering with a local NGO to select and train entrepreneurs to reach even more communities. Additionally, the team is running a public campaign with comic books and localized educational and health checkup camps to spread awareness about healthy sanitary practices.
They competed against Federal University of Pará in Brazil, Praiseworthy Autonomous University of Puebla (BUAP) in Mexico and Goethe-University Frankfurt in Germany. The top teams and their country operations are awarded up to $120,000 USD in funding to scale their project impact.
The Enactus World Water Race is sponsored by Dell, FAMAE and XPV Water Partners. Since the World Water Race launch in 2017, Enactus teams have directly impacted 899,068 individuals and indirectly impacted 3.5M people. The race has resulted in the founding of 500+ businesses, the creation of 1,825+ jobs and nearly $715,000 USD in new revenue streams. The race provides greater access to more advanced products and services that improve sanitation for 861,770 people, as well as greater access to safe and affordable drinking water for 449,407 individuals. This year, 125 teams from 22 countries entered projects in the Water Race.
The competition took place at Enactus World Cup 2019, the signature event for Enactus, a global non-profit with more than 72,000 student members, and features leading social innovation projects developed by Enactus student teams from university campuses around the world.
“Congratulations to Shri Ram College of Commerce in India for their Project Asbah and all NextGen leaders who are making a positive impact with their powerful and innovative projects,” said Terry Torok, Enactus Chief Innovation Officer. “Enactus teams around the world are taking measurable steps to drive SDG 6 (clean water and sanitation) and, in fact, all 17 goals.”