A London Business School MBA student has been awarded a place on the 2016 Schmidt MacArthur Fellowship by the Ellen MacArthur Foundation.
Terence Steinberg, an MBA student at London Business School (graduates 2017), and his London Business School mentor, Bryan Stroube, Assistant Professor, Strategy and Entrepreneurship, have been awarded a place on the 2016 Schmidt MacArthur Fellowship, a year-long international programme on the circular economy for postgraduates studying design, engineering and business.
Terence Steinberg says: “I believe that ‘going circular’ is critical to bringing prosperity to the economy and restoring balance in our ecosystems. This conviction inspired me to pursue my MBA at London Business School. I am honoured to now become a Schmidt-MacArthur Fellow to research circular economic innovation.”
Dr Stroube says: “The Fellowship is an exciting opportunity to be part of the conversation on novel ways to address some very pressing issues. I look forward to watching Terence’s project develop over the course of the programme.”
Students at Schmidt MacArthur Fellowship partner institutions, which includes London Business School, apply to win a place by submitting a 90-second film. The film addresses two questions on the circular economy and is assessed on the student’s passion, creativity, inquisitiveness and understanding of the circular economy.
Now in its fourth year, the Fellowship includes a week long summer school in the UK, an online support programme and a cash bursary, as well as the opportunity to participate in the Ellen MacArthur Foundation's wider activities and networks.
18 students and their mentors will take part in the Fellowship this year, which will commence in April 2016.