This $50,000 scholarship is awarded to an accepted candidate from South America (with the exception of Brazil): *Argentina, Bolivia, Chile, Colombia, Ecuador, Fr. Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela under the condition that the candidate returns to one of these geographic areas for at least 3 years after graduation. If this condition is not met, the scholarship is converted into a loan.
The criteria are: i) Gaining acceptance into the IMD MBA. ii) Submitting an essay (maximum 750 words) on: The Role of Entrepreneurship in Moving my Country Forward