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Thursday, May 15, 2008

Diagnostic for All Wins Entrepreneurship Competition

A startup focusing on cheap, dispensable tests wins MIT prize.
By Kristina Grifantini

Diagnostic for All (DFA), a startup from Harvard University that I wrote about recently, won the MIT $100K Entrepreneurship Competition last night. DFA, which aims to develop cheap paper diagnostic tools for impoverished countries, differed from most of the competition because it is a not-for-profit. The coinventors of the paper test, George Whitesides and Hayat Sindi, say that it could be used to diagnose, for example, drug-induced liver damage, a major problem that often goes undetected in the developing world. Apparently, their business plan convinced the judges that it is a worthwhile, substantive venture.

The $10,000 Audience Prize went to Covalent Solar, a team that is working on more-efficient thin-film concentrator photovoltaic modules.


Comments

  • Sounds promising...
    I've always been impressed with the concepts generated by such competitions.  I've been reading about some of the winning entries of this year's Intel Science and Engineering Fair that was held this past week in Atlanta and I have to continually stop and remind myself that these scientists and inventors aren't even old enough to vote yet.  Quite a promising young collective.
    Rate this comment: 12345

    austinb
    05/16/2008
    Posts:1
  • [no subject]
    While the $100K competition is held in the spring (or second semester of the academic year), the MIT $1K Business Idea Competition is a "warm-up event" held in the Fall.
    arizona dentists
    Rate this comment: 12345

    jeffreyfrog
    01/06/2009
    Posts:1
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