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University of Michigan's Ross school of business
Detroiter, May, 2008
A four-person MBA team from the University of Michigan's Ross School of Business won the Inaugural Africa MBA Business Plan Competition held by Knox Lawrence International, LLC (KLI), a New York-based private equity firm. The theme of the competition was Microfinance Apolications inSub-Saharan Africa.
The Ross team's plan focused on the cultivation of Jatropha in Mozambique. Jatropha, touted in the industry as a hearty, drought resistant plant, has significant potential as an alternative energy source-otherwise known as bio-diesel.
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