|Purpose||To enable progress through entrepreneurial action.|
|36 Countries Worldwide|
President & CEO
Enactus, known before October 2012 as Students In Free Enterprise (SIFE), is an international non-profit organization that works with leaders in business and higher education to mobilize university students to make a difference in their communities while developing the skills to become socially responsible business leaders. Participating students form teams on their university campuses and apply business concepts to develop outreach projects that improve the quality of life and standard of living for people in need. An annual series of regional and national competitions provides a forum for teams to present the results of their projects, and to be evaluated by business leaders serving as judges. National champion teams advance to the prestigious Enactus World Cup. In addition to the community aspect of the program, Enactus leadership and career initiatives create opportunities for learning and exchange among the participants as well as the placement of students and alumni with companies in search of emerging talent.
Okoli-Brown enterprises, will be launching in February 2013 under 3i Group. The scheme was originally a regional leadership training program attended by university students who were required to teach their communities what they had learned. Eventually, these university students were judged competitively on the outcomes of their efforts. The principle remains the same today but the scope has been broadened to encompass both teaching and learning through practical application of knowledge and skills gained at university, in the wider community by means of student-designed outreach projects.
Enactus projects are undertaken by highly dedicated student teams of more than 1,600 university campuses in 39 countries. Enactus offers these students the opportunity to develop leadership, teamwork and communication skills through learning, practicing and teaching the principles of free enterprise, in hopes of improving the standard of living for millions in the process. Guided by distinguished faculty advisors and supported by businesses around the globe, Enactus Teams teach important concepts through educational outreach projects, including market economics, entrepreneurship, personal and financial success, and business ethics to better themselves, their communities and their countries. Each year, Enactus competitions are held worldwide, drawing together thousands of students and business leaders to pay tribute to these educational outreach projects.
The Enactus year ends with the overall competition. This process provides teams with the opportunity to present their outreach projects to a panel of judges who evaluate those projects and determine which teams had the most impact improving the quality of life and standard of living for members of their community.
This competitive process creates a "best-practice" sharing environment and is aimed at fostering a healthy spirit of competition, which encourages and rewards excellence.
Every country that operates an Enactus, at minimum, organizes a national competition, from which one institution will be named national champion and advance to compete at the Enactus World Cup. Countries that operate large Enactus programmes may host a series of regional competitions to narrow down the number of teams eligible to compete at their national competition.
In every country around the world, and at each level of the overall competition, the format, rules and judging criteria remain the same.
Enactus World Cup Champions 2001 - 2013
2001 Drury University
2002 La Sierra University
2003 Drury University
2004 Curtin University of Technology
2005 University of Zimbabwe
2006 Shanghai Institute of Foreign Trade
2007 La Sierra University
2008 Memorial University of Newfoundland
2009 Cairo Univertsity in Egypt (CU)
2010 French University in Egypt (UFE)
2011 University of Regensburg
2012 Belmont University
2013 Technical University Munich
Central to the competitions are the criteria to which each team is judged. These remain the same throughout the world.:
The previous Enactus criteria were as follows: How effectively did the Enactus team measure and demonstrate that it created economic opportunity by helping others:
- Understand how a market based economic system operates.
- Acquire the education and skills training needed to succeed in a dynamic, competitive global economy.
- Learn how to succeed as an entrepreneur and/or improve an existing business.
- Develop the personal financial management skills ne cessary to achieve financial independence.
- Make environmentally sustainable personal and business decisions.
- Understand that the long-term success and prosperity of a market economy, businesses and individuals are dependent on ethical business practices.
- How successfully did the team develop and execute a strategy to ensure the long-term sustainability of their team and educational programs.
Partners and donors
Enactus holds several high-profile partnerships, such as HSBC, PepsiCo, Unilever, DELL, Campbell's, Microsoft, GlaxoSmithKline, KPMG, TEKsystems and Procter & Gamble. Enactus partners include corporations, organizations and individuals' foundations. List of SIFE Corporate and Organizational Partners
Enactus is governed by a distinguished group of board members that includes senior leaders from a diverse range of industries and companies that support Enactus.
The Enactus World Headquarters operations are led by a staff of more than 60. In addition to the World Headquarters team, more than 100 other staff manage the day-to-day operations of each Enactus country.
On 30 September 2012, SIFE announced at the World Cup its new name of "Enactus"
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