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Verb Spins Out of the University of Texas at Austin
Date:1/15/2014

ean of the LBJ School. “Having seen the competition portion of our social entrepreneurship program grow dramatically over the past 6 years, we recognized that it needed to operate independently to achieve its greatest impact. We are very pleased to have achieved a successful spin-off of the competition to Verb, enabling the LBJ School to focus on expanding research and education related to social entrepreneurship and social innovation. We look forward to collaborating with Verb on projects in the future.”

In the seven years while it was led under the university, the competition engaged student social entrepreneurs from 100 countries and awarded more than $800,000 to over 90 ventures.

“I am very proud that Verb will truly embody UT’s motto of ‘What starts here changes the world.’ Over the past seven years, we engaged over 25,000 young entrepreneurs who are creating real global impact, including electricity for rural India, education for girls in the slums of Nairobi and dignified jobs for US military veterans,” says former RGK Center Associate Director and now Verb CEO, Suzi Sosa, “Now we will expand our impact by partnering with other companies to create new competitions focused on other key global issues. Our goal is to engage over 100,000 early-stage social entrepreneurs and to connect them with the resources they need to grow. The support and partnership of UT and Dell have been invaluable to get us where we are today. I am extremely proud to be leading the next phase of this exciting initiative.”

Dell Legacy
Over the past six years, Dell invested more than $4 million into the DSIC program. In addition,
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