Boston, MA (PRWEB) 26 April 2012
Team of the pioneers of the students focused on the stability of the vaccine in order to provide safe and reliable distribution worldwide, and optimize the transfer of patients from hospital after acute near, took first place in the Harvard Business School ( HBS) Business Plan Competition held on Tuesday (April 24) Hall of cargo. This year the 16 anniversary of the nonprofit Market Business Venture Track and 12 social venture track, which focuses on creating social value-for-profit, nonprofit, or hybrid-model plans. Capstone high school business studies curriculum, the competition awards prizes totaling more than $ 150,000 in cash and kind service winner and runner up in both layers.
contest was open to all Harvard MBA qualified candidates and graduate students from across Harvard University. Eighty teams of Venture Business Track and forty-nine Social Venture Track submitted plans by 2012 race. Over time, more than 100 judges from fields such as venture capital and angel investing, consulting, legal, accounting, life sciences, high technology, philanthropy, social entrepreneurship and scientists in the field to eight finalists.
It is incredibly strong entrepreneurial spirit among students HBs, which is light in an innovative and socially minded business ideas that are presented by race, said Dean Nitin NOHRIA.
winner in the Business Venture Track is Vaxess technology, which was founded HBs second year MBA students Michael Schrader and Anura Patil, Harvard Kennedy School student Livio Valenti, Harvard Law School student Patrick Ho, Faculty of Arts and Sciences students Kathryn Kosuda, Isa Watson , and Matthew Olsofsky. Vaxess Technologies is working on commercializing the technology, Tufts University, to stabilize the vaccine in thin films that can be transported and stored without refrigeration, eliminating the need for cold chain. Vaxess strive not only to reduce distribution costs, and increase access to life-saving product to people throughout the world.
in the social venture track, won the eTransitions, founded by the MD / MBA joint degree candidate Lissy Hu, Harvard Medical School student Jessica Hohmann and future MBA students Yugay Kira and Jonathan headed. eTransitions is a web-based solutions that optimize the transfer of patients from hospital after acute end.
Associate Professor Michael Roberts, Chief Arthur Rock Center for Entrepreneurship at the University, announced three runners in the Business Venture Track. They are (in alphabetical order):
Rally, founded the first year student Aaron Kletzing Yinon, and Weiss (MBA 2011), revolutionizes the way military professionals to connect, develop and continue to meet the conditions of their work forces.
Starting ART Taxi, founded by sophomore Jonathan Lo, offers a smartphone application that allows consumers in Latin America to book a taxi with extra comfort and transparency, which aims to bring greater efficiency and safety of the existing taxi bookings.
Zumper, founded by students of second year Anthemos Georgiades, allowing tenants to seek and end up renting an apartment in a much more transparent way.
Laura Moon, Director of School Social Enterprise Initiative, announced the runner up in the Social Venture Track:
XinfuGo plan to build a basic static-of-pyramid (BOP), retail and distribution platform for the provision of safe and effective essential commodities at lower prices in rural China. The team consists of a second year student and Yixin Chen Ying LA and first-year student Qiwei (Gary) Shi.
Each winning team in a Business Venture Track is $ 25,000 in cash and an equal amount of in-kind services, including work space for Harvard Innovation Lab. They are also Dubilier Prize, in honor of the late Martin Dubilier (MBA 1952) and co-founder of the prominent companies charge redemption Clayton, Dubilier and Rice.
runner-up team in Track Business Venture received $ 10,000 in cash and an equal amount of in-kind services, and Satch-Burg Stone Entrepreneurship Award, endowed by Jon Stone Burg (MBA 1999), Asif Satch MBA 1999) and Reza Satch (MBA 1996 ) in 2001. Once called the runner-up in 1999, competition, and alumni went on to achieve considerable commercial success with its program for SupplierMarket.com, online stock market for buying and selling industry.
winning team and runnerup in the Social Venture Ttrack assigned Peter M. Sacerdote awarded $ 25,000 in cash for the winner and $ 10,000 in cash for the runnerup. This award was established by Mr. Sacerdote (MBA 1964) in honor of the 40th Reunion and his struggle for the Harvard Business School to do more HBS students to apply their skills to develop and launch social-purpose investing. Winners and finalists in this song also received the same amount of inkind support group Bridge Span, social enterprise consulting and law firm Foley Hoag. Winner of Social Venture Track will also work space in the Harvard Innovation Lab.
also recognizes that in the case of Angela Newnam (MBA 1996), winner of the third annual Alumni New Venture Competition. Newnam is the founder of Knock Out!, A line of high-performance underwear for men and women bring interesting, the smell of moisture-control features comfortable cotton products. Launched in 2011, Knock Out! sold 20,000 units in its first year. Hosted by Rock Center for the Protection of Student Innovation Competition throws the emphasis on business graduates “, in order to represent the team on the campus of Harvard Business School Clubs from around the world. Newnam received a cash prize of $ 50,000.
addition, Sidhant Jena (MBA 2011) CEO Jana him, named 2012 recipients of social entrepreneurship fellowship, designed to support the latest HBS graduates who are creating programs that focus on creating social value. Competitive selection process, the organization supports recent graduates with $ 25,000 prize. Jana Nursing, India-based new project aims to use technology to democratize the management of diabetes in developing countries. To achieve this, Jana Care has developed a small attachment that turns any mobile phone in a glucose monitor, allowing diabetics to test blood sugar levels and send the results to your doctor comments on diet, nutrition and medicine.
Previous participants in the HBS Business Plan Competition have gone on to create many successful companies such as Cloud fare, which allows Web sites to intelligently protect themselves from online attacks, finals, the Boston-area restaurant chain serving desserts and beverages, driving the first Relay person to person in the world of car sharing services, Car runways, providing access to designer clothing at a fraction of retail price, the diagnostic-for-all, non-profit company that has developed low-cost, paper-based “lab-on-a-chip” for diagnosing disease in poor countries around the world, Global Citizen Year, which encourages students between high schools and colleges to address the global challenges of the 21st century, a good starting genetics, which develops low-cost, pre-pregnancy test for many genetic disorders and the new leaders of the international nonprofit organization dedicated to improving education for all children by attracting and preparing the next generation of outstanding leaders for urban public schools
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Run by Harvard Business School, Arthur Rock Center for Entrepreneurship and Social Enterprise Initiative, HBS Business Plan Contest provides an integrative learning for all participants. The main goal of the contest is to educate students in the process
