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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.
PepsiCo has selected eight startups from the Middle East and North Africa region as finalists in its Mega Green Accelerator program, which aims to " nurture the next generation of innovators as they...more
A vegan restaurant chain in Los Angeles is adding dairy and beef to its menu, reports the Los Angeles Times. Sweetgreen, formerly known as Sage Vegan, says it will start serving dairy and beef by...more
Funding for green technologies is on the rise in India, and the country's biggest investment fund is aiming to raise $1 billion for a climate-related fund by 2022, Bloomberg reports. The fund,...more
When Richard and Mary Jane Weeks of Fallbrook, Calif., died last November at the age of 90, the San Diego Union-Tribune reports, they left behind legacies so large that it's hard to believe they...more
Foundation: Oshkosh Area Community Foundation
A nurse in Fond du Lac, Wis., is this year's recipient of the DAISY Award, given to those who go "above and beyond" to provide excellent patient care. Haley Birschbach, a nurse in medical...more
When Ferdinand and Mafalda DelGrosso were starting out in the food industry in Pennsylvania in the 1940s, they didn't have much. But over the next 77 years, the DelGrossos have donated millions...more
If your child is struggling with self-esteem, depression, or anxiety, there's a summer camp for you. The Lukin Center for Psychotherapy in New Jersey is offering a week-long " Therapeutic...more
Missouri's Department of Economic Development has announced the 37 organizations that will receive a total of $6 million in state tax credits through its Youth Opportunities Program, the Kansas City...more
A Canadian university is breaking ground on what it says will be the largest investment in medical research in the country's history. The CBC reports on the Advanced Medical Research Center, a...more
Rayees Rahman may not be a household name, but he's the winner of a prestigious life-sciences investment competition in the United Arab Emirates. The 21-year-old won the JP Morgan Asset...more
Social Entrepreneurship
Spotlight
Vertical Farming: The Way to Feed a Global Population
Vertical farms are designed in a way to avoid the pressing issues about growing food crops in drought-and-disease-prone fields miles away from the population centers in which they will be consumed.
