Harvard Business School'S New Venture Competition Awards $225K in Cash Prizes


credit: Flickr

"The New Venture Competition provides a rigorous platform through which students develop their business ideas as a positive force for change," says Elise Bates, the new director of Harvard Business School's New Venture Competition.

This year's competition saw 262 teams from around the world vie for $225,000 in cash prizes, Business Insider reports.

The top prize of $75,000 went to Diagnostix, a technology company that analyzes gene expression in plants to help farmers maximize yield.

The runner-up prize was $25,000 to Sanso, a company that helps drug manufacturers produce life-saving biologics more efficiently, in order to deliver cheaper drugs to patients worldwide.

The crowd favorite in the Student Social Enterprise Track wasSolara, which offers on-demand solar irrigation service to Indian farmers, increasing their access to affordable, reliable, and clean irrigation methods.

The runners-up were SeaCycle, which produces sustainable biopolymer production and driving positive environmental impact, and Health HQ, which addresses clinicians' barriers around learning and advocacy within the transgender community, fostering greater inclusivity and support in healthcare. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Swiss Re Foundation Aims to Boost Health and Environmental Innovations ...

Swiss Re is putting its money where its mouth is in Southeast Asia. The insurance giant is launching its Shine social entrepreneurship program in Indonesia, Malaysia, Singapore, and Thailand,...more

Teaching Our Youth Resiliency Makes Today'S Students Tomorrow'S Leaders

Students in Palm Beach County, Fla., are experiencing a " concerning uptick" in mental health disorders over the past few years, says the Education Foundation of Palm Beach County. Nearly 3,000...more

Pvusd Gets $32 Million to Transform Schools €” Tpg

"A PVUSD community school places the student at the center of everything. Community members, organizations, educators, and families coordinate resources in and out of school to prioritize each...more

South Orangetown Middle School Students Explore Design, Creativity with Birdhouse Project

When students at South Orangetown Middle School in New York build birdhouses, they're not just making them for decoration. They're also helping to create habitat for their avian neighbors, the...more

Asia Summit on Global Health and Hong Kong International Medical and Healthcare Fair ...

"It's a good beginning, but it should not end there." That from Nobel laureate Roger Kornberg, speaking at a medical conference in Hong Kong this week, per the South China Morning...more

Hktdc: Asia Summit on Global Health and Hong Kong International Medical ...

"It's a good beginning, but it should not end there," said Nobel laureate Roger Kornberg at a medical conference in Hong Kong this week. Kornberg, who spoke at the fourth Asia Summit on Global...more

Warner Music Group Seeks Collaboration with Nigerian Government for Global Music Expansion

Warner Music Group, a multinational entertainment and record label conglomerate, has expressed interest in partnering with the Nigerian government to invest in the country's thriving music...more

Jkscert Launches Toycathon 2024 to Promote Innovative Ideas, Revive Local Culture &Amp; Heritage

It's an annual tradition in India, and this year it's getting bigger and bigger. The Times of India reports that the State Council of Educational Research and Training Jammu & Kashmir is holding...more

Jkscert Launches Toycathon 2024 for Promoting Innovative Ideas, Revival of Local Culture ...

India's annual toy contest is back after a two-year hiatus, and this year's theme is "Regenerating Local Heritage." The State Council of Educational Research and Training, Jammu & Kashmir, says...more

Leading the Way in Creative Education

India's Rajiv Gandhi National Institute of Youth Development (RGNIYD) is known for its work with disadvantaged youth, and it's now offering master's and bachelor's degrees in fashion design, textile...more





Social entrepreneur and co-founder of nonprofit Jolkona, Adnan Mahmud, discusses his definition of a successful social entrepreneur. He describes the social entrepreneur as someone who has found the right balance between doing good while doing well.