UNM Anderson School of Management presents the third annual Global Scaling Challenge
April 5, 2023 - Megan Borders
The University of New Mexico Anderson School of Management is hosting its third annual Global Scaling Challenge April 14-15. The challenge takes place on Zoom over the two days. A total of 21 student teams from 17 institutions around the world have qualified to compete in this main event.
Highly trained student-led teams, mentored by faculty, will compete in this real-life case competition, working with real, New Mexico companies focused on the aerospace sector. The students will be able to learn and recommend solutions to help address a scaling challenge that is unique to each of the participating firms. Students are competing for over $35,000 in awards and recognition, as well as three paid internships with the participating companies.
This year’s firm participants are three entrepreneurial and highly innovative companies based in Albuquerque: RS21, a woman-led data science company; Proof Labs, a minority-owned aerospace software company; and IDEAS Engineering and Technology, a company specializing in developing innovative and cost-effective solutions for defense and space industries.
By participating, these companies can leverage the fresh perspectives and innovative scaling advice provided by the student teams to gain a more competitive edge and overcome their business challenges.
The teams were given two weeks leading into the challenge to research and prepare their scaling recommendations. Teams will have 10 minutes to present their recommendations, followed by 10 minutes for questions from the judges. Teams will complete three rounds of presentations in front of judges and their assigned firm.
This main event is the final round for the challenge. Preliminary rounds took place last month to establish regional qualifiers for the eastern and western hemispheres. The preliminary rounds co-sponsored by Rowan University/Stevens Institute of Technology and Johannes Kepler University/Grenoble Ecole de Management, respectively.
Judges for all rounds consist of faculty, subject matter experts, community leaders and entrepreneurs.
For more information or to register for the 2024 challenge, visit https://gsc.mgt.unm.edu/.