Dell Social Innovation Challenge to Jumpstart Students’ Innovative Business Ideas with More Than $350,000 in Awards and Seed

  Dell Social Innovation Challenge to Jumpstart Students’ Innovative Business
  Ideas with More Than $350,000 in Awards and Seed Money

  *Winning teams to be announced at Awards Show on May 14 at Austin Music
    Hall
  *Special guests K’Naan, Mother Falcon and others to help shine a spotlight
    on university entrepreneurs at Awards Show
  *Student finalists and social innovation experts to share best practices
    during Social Innovation Think Tank at 9 am CDT. Join via livestream at
    http://bit.ly/13NrVUp and on Twitter with #DSIC13

Business Wire

ROUND ROCK, Texas -- May 10, 2013

Students from around the world will gather in Austin on May 14 to vie for the
grand prize of the Dell Social Innovation Challenge (DSIC). More than $350,000
in awards and seed money will be given to student finalists to help see their
business ideas to fruition. DSIC recognizes undergraduate and graduate
students from around the world who envision, create and implement social
innovation projects.

Leading up to the event, the five teams participate in networking, mentoring
opportunities with social innovation leaders and then deliver their final
pitches to a panel of judges comprised of business leaders, entrepreneurs and
venture capitalists. The five hopeful finalist teams comprise:

  *Citizen Power / Sunriding: seeks to build a peer-to-peer online social
    platform for community-sourced solar installations, especially in
    high-density urban areas. The website will help plan, finance, build &
    maintain installations.
  *Foot Soldiers:  sells affordable shoes for the 48 million Bangladeshi who
    cannot afford proper footwear and are thus at risk for various diseases
    associated with bare feet. The project will use rubber tires that are
    currently thrown away or burnt as Bangladesh’s car population rises.
  *Good-Benefits.com: creates a “401k for charity” by helping people make
    payroll contributions to tax-exempt “micro-foundation” accounts, from
    which they can give funds over time to nonprofits. The project will help
    companies run simple, engaging workplace giving campaigns.
  *Semka Biomedical Technologies: developing a device capable of performing
    non-invasive tumor biopsies through blood extraction, specifically
    targeting metastatic cells that give rise to new tumors in the body and
    increase chances of death.
  *Solar Conduction Dryer (SCD): aims to address the 20 to 30 percent food
    spoilage rate for poor rural Indian farmers, via cost-effective
    dehydrators powered by solar conduction. Farmers will keep more of their
    crop and can sell dehydrated fruits and vegetables as another income
    source.

The winning team will be announced at the awards show starting at 6 pm CDT on
May 14 at Austin Music Hall, where business leaders and social innovators from
around the world will cheer on the participants and their work. Musician
K’Naan, rising Austin music group Mother Falcon, entrepreneur and author Roy
Spence, and others will also help shine a spotlight on these young
entrepreneurs. The show will be available after 11 pm CDT at
blog.dellchallenge.org.

Earlier in the day a small group of leading social innovation experts along
with the students will share their best practices during a Social Innovation
Think Tank. The interactive discussion will highlight why social innovation is
ramping up now and how we can bring it to scale. Topics will include the role
of social networking, how capital markets are adapting, the intersection of
education and entrepreneurship, and how to improve the quality and quantity of
social innovations. It begins at 9 am CDT at Austin Music Hall and will be
livestreamed at http://bit.ly/13NrVUp. Join the conversation on Twitter with
#DSIC13 and @dell4good.

About Dell Social Innovation Challenge

The Dell Social Innovation Challenge (DSIC), identifies and supports promising
young social innovators who dedicate themselves to solving the world’s most
pressing problems with their transformative ideas. DSIC, which is the flagship
social entrepreneurship initiative of the RGK Center for Philanthropy and
Community Service in the LBJ School of Public Affairs at The University of
Texas at Austin, provides university students with world-class teaching and
training, as well as with start-up capital and access to a network of mentors
and advisors. For more information, visit www.dellchallenge.org.

About Dell

Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative
technology and services that give them the power to do more. Powering the
possible is Dell’s commitment to putting its technology and expertise to work
where it can do the most good for people and the planet. Learn more at
www.dell.com/poweringthepossible.

Contact:

Dell Communications
Jenny Robertson, +1-512-728-3575
Jenny_Robertson@dell.com
or
Dell Global Education Communications
Kari Sherrodd, +1-512-728-2835
Kari_Sherrodd@dell.com