Indian student wins $60,000 at Dell Social Innovation Challenge
Indian student wins $60,000 at Dell Social Innovation Challenge
Bangalore, Karnataka, India,
Friday, May 17, 2013
-- (Business Wire India)
n Austin this week to compete for the cash
prize as part of the DSIC. The DSIC recognizes undergraduate and
graduate students from around the world who envision, create and
implement social innovation projects that help communities around the
world.
The winning team comprising two Indian students, Shital Somani and Vaibhav Tidke from Mumbai,
was adjudged the grand prize winner for its project Solar Conduction
Dryer. The project aims at addressing the 20 to 30 percent food spoilage
rate for poor rural Indian farmers via cost-effective dehydrators
powered by solar conduction. The innovation will enable farmers to keep
more of their crops and sell dehydrated fruits and vegetables as another
income source.
The other four 2013 finalists included:
- Foot Soldiers:
In second place, Foot Soldiers received $40,000 to sell affordable
shoes for the 48 million Bangladeshi who cannot afford proper footwear
and are thus at risk for various diseases associated with bare feet. The
project will use rubber tires that are currently thrown away or burnt
as Bangladesh’s car population rises.
- Good-Benefits.com:
In third place, Good-Benefits.com received $20,000 to create a “401k
for charity” by helping people make payroll contributions to tax-exempt
micro-foundation accounts from which they can give funds over time to
nonprofits. The project will help companies run simple, engaging
workplace giving campaigns.
- The final two finalists, Semka Biomedical Technologies and Citizen Power / Sunriding,
received $10,000 each to launch their ideas. Semka, from Mexico, is
developing a device capable of performing non-invasive tumor biopsies
through blood extraction. Citizen Power, a German team, is building a
peer-to-peer online social platform for crowdsourcing urban solar
installations.
The five finalists participated in networking and mentoring
opportunities with social innovation leaders and the final pitches to
vie for the grand prize. They presented their entrepreneurial ideas to a
panel of judges comprising business leaders, entrepreneurs and venture
capitalists, and the winner was selected following the pitches.
The DSIC identifies and supports promising young social innovators who
dedicate themselves to solving some of the world’s most pressing
problems with their transformative ideas. The Challenge provides
students with world-class teaching and training, as well as start-up
capital and access to a network of mentors and advisers. Entries are
judged on three primary criteria: clarity of the innovation and
significance of social impacts potentials; demonstration of a high
probability of success; and potential impact from winning DSIC.
Quotes: “Two of the most powerful forces in the world are innovation and entrepreneurship. The Dell Social Innovation Challenge empowers students to become innovators and entrepreneurs. Through our competition, university students from any country are inspired to tackle the issues they are most passionate about and are equipped with the tools and training to bring their ideas to life. This year we will provide mentorship or seed funding to more than 250 teams whose projects span multiple issues, including health, energy, poverty, education and much more. Through our program students are able to create the jobs they want while building the world they want at the same time”, said Suzi Sosa, DSIC executive director and associate director, RGK Center. “Dell was founded in a dorm room, and the spirit of entrepreneurship runs deep in our company’s DNA. We know that students can change the world, and we’re excited to support them with technology, mentorship, networking and funding that can bring their ideas to life”, said Trisa Thompson, Dell’s vice president of corporate responsibility. “Our Solar Conduction Dryer will act as a boon for the farmers and fishermen with poor access to electricity. The platform provided by DSIC will help us in scaling up our technology to reach the farmers and thus provide them with a revolutionary sustainable technology, to cope up with the agrarian crisis and prosper”, said Shital Somani with Solar Conduction Dryer. |
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