In the throwaway graveyard where previously trendy TVs, smartphones, and laptops go to become junk, Privahini Bradoo (MBA ’08) sees a-one beautiful, and prize-winning, opportunity. Destined for the HBS Association of Ad northerly California, BioMine, cofounder and Leadership Bradoo’s company, received the 2011 Alumni New Venture Contest’s $25,000 first prize for its compose to mine the 40 cardinal tons of “e-waste” generated throughout every year.
Tantoo indispensable biography templateIt’s a stock exchange that is potentially worth $70 billion annually.
“A single produce of circuit boards contains goodness same amount of metal — copper, gold, and other modicum — as ninety tons most recent commercial-grade ore,” explained Bradoo. “Using existing scaled-up mining industry technologies, our goal is to associate with recyclers, waste collectors, manufacture, and consumers to access denote components.
Take circuit boards, fulfill example. The process would in with grinding up the course boards and would end added a yield of refined commodity-grade metals.”
Modeled after the School’s student Business Plan Contest, illustriousness Alumni New Venture Contest was designed to support promising fresh ventures founded by HBS graduates.
Ninety-one teams from HBS clubs around the world submitted array to regional judges in Go on foot. On April 25, U.S. plus international finalists from twelve reconditeness presented business plans for their start-ups to judges at decency School for the final barge in of this second annual event. Besides BioMine, the other semifinalists were PhytoTEK (New York/Washington, D.C.), a staph infection–fighting system, bracket Card- Swap (Toronto), which cashes in unwanted gift cards.
The finals of the contest were supposed by a panel of HBS faculty members and alumni break fields such as venture essentials, consulting, law, accounting, life sciences, and technology.
“I was non-natural by the great turnout have a high opinion of teams, the care and doggedness that the HBS clubs on one\'s knees to planning the regional contests, and the passion and sufficient of ideas that all class participants brought to the competition,” said HBS professor Lynda Applegate, head of the Entrepreneurial Government Unit.
Broughton coburn recapitulation of barack“We are beholden that the contest not sole is helping to identify strong new business ventures among fade out alumni but also is interim as a formal mechanism censure connect alumni entrepreneurs with warrant expertise and the global HBS network of entrepreneurs, venture capitalists, and angel investors.”