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"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.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The Stark County Sheriff's Office has been awarded $10,000 in funding to help fight drug trafficking. The Ohio Office of Criminal Justice Services' RecoveryOhio program has awarded more than $2.1...more
"Lots of people can't kick because they don't have the coordination, but everybody can throw catch." That's how a UK nonprofit is using basketball to help young people deal with mental health...more
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
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
"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
"We are the only resource for free mental health services in Snohomish County and often the only available option for older adults experiencing depression, anxiety, and grief," says Nancy Brosemer,...more
When you think of Berkshire County, Massachusetts, you probably don't think of the Great Depression. But when you think of the crumbling chimneys on Ventfort Hall, the 19th-century mansion that's...more
An Indiana hospital has been named the best in the state for the 14th year in a row. Community Healthcare System in Munster was named Best Hospital in Northwest Indiana by residents of Porter and...more
The Super Mega Ultimate Techathlon is a fundraising campaign that involves eight "ridiculous" challengesincluding a rock-paper-scissors tournament and a stock photo contestfor companies in British...more
There's a whole new industry emerging in women's health, or FemTech, and it's all about women's reproductive health. Companies are developing devices and apps that help women better understand...more
Social Entrepreneurship
Spotlight
Social Entrepreneurship: The Right Balance of Doing Good and Doing Well
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.
