A startup focusing on cheap, dispensable tests wins MIT prize.
Thursday, May 15, 2008
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
austinb on 05/16/2008 at 2:55 PM
1