2009-2010 SEVEN Fund Essay Competition

“New Models of Development”

Cambridge, MA – April 26, 2009 – The S.E.VEN Fund (SEVEN) is announcing its 2009 - 2010 Student Essay Competition. This year we are seeking essays on inspiring new models of economic development from around the globe. The competition will award one (1) student prize of $10,000. The submission deadline is December 7, 2009 at midnight Eastern Standard Time (EST). Winners will be announced on February 7, 2010.

Terms & Conditions

The SEVEN Fund has sole and absolute discretion to determine which submission entries, if any, merit an award. The SEVEN Fund reserves the right, in its sole and absolute discretion, to change, modify, extend or reduce the terms and conditions of, or to suspend or terminate, the competition without prior notice. SEVEN will endeavor to inform participants of any such change, modification, extension, reduction, suspension or termination, as the case may be, through any media outlet deemed appropriate by SEVEN in its sole and absolute discretion. SEVEN further reserves the right to nullify and/or cancel any part or all of the competition if it appears that any fraud or malfunctions have occurred in any form whatsoever. Each participant undertakes to indemnify and keep SEVEN harmless from and against any loss, damage, claims, costs and expenses which may be incurred by or asserted against SEVEN as a result of such participant's participation in the competition.

Entrepreneurs create products, services and jobs. They expand economies, improve people's lives, provide employment (high and rising wages) and bring about competition. A competitive environment, in turn, gives rise to efficiency, meritocracy and further innovations and entrepreneurial drive.

The potent combination of entrepreneurship and technological innovation can forge an environment that is conducive to further enterprise, involving even government policy in supporting entrepreneurship and innovation.

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