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In the spring of 2006, just weeks before the end of school, 11 MBA students and one faculty member from the Owen Graduate School of Management at Vanderbilt University stumbled upon the book: The Fortune at the Bottom of the Pyramid by C.K. Prahalad. Using this book as a model, the student group developed the plan for an organization dedicated to global poverty alleviation. During this development process, Vanderbilt University Alumnus Muhammad Yunus received the Nobel Peace Prize for founding the Grameen Bank , a Microfinance institution based out of Bangladesh. Taking the model they had developed, the group approached Cal Turner, retired Chairman and CEO of the Dollar General Corporation, to support the launch of the organization. Mr. Turner pledged his total support for the program and thus, Project Pyramid was born.

Hyderabad, India Trip

This year, 21 students from the Owen Graduate School of Management and the Divinity School traveled with three faculty members to Hyderabad, India for a 10 day study of poverty. For seven weeks in the Spring of 2007, 50-plus students enrolled in the course Project Pyramid: Business Applications and Innovations for Alleviating Poverty, and they used Hyderabad, India as a model for studying poverty alleviation.

The course, taught by Professor Bart Victor, focused on new trends in poverty alleviation. Specifically, the class analyzed Microfinance, Supply Chain Management, Marketing, and Innovation as case topics. The students chosen for the trip directly applied that theoretical learning to Hyderabad and worked to develop new business concepts to aid in alleviating poverty in India. Each year a new city and country will be chosen for study.

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