Omnihaler: The Inhaler to the Poor: Asthma is a severe global problem with very high morbidity and mortality rate, medication for which is very costly to avail for the poor. To ensure affordable asthma medication among the poor segment, Omnihaler, Inc., introduces an inexpensive inhaler in Bangladesh, prepared from dhatura, a locally abundant phytomedicinal plant.
POCiT is a nonprofit business with the mission of creating accessible medical technologies for use at the point of care in developing nations. We envision the development of accurate, affordable, user-friendly, and mobile medical solutions that transform the landscape of point of-care diagnostics by providing the potential to reach millions of patients.
One4OneIT: E-power promises to develop skills of unemployed youths and create employment for them through online outsourcing jobs and work platforms.
Event Sponsor University of Washington Foster School of Business, www.foster.washington.edu.
Wello – A Simple Design Can Change the World: Wello aims to improve global access to water and reduce the physical and time burdens of water collection by manufacturing and distributing a water transportation tool, the WaterWheel. Our innovative Business in a Barrel model enables our customers to improve their economic status while improving the health of their communities.
LIFT Investments improves the lives of the working poor and provides investment capital to high-potential businesses in Africa. Profits+ aims to provide working poor with part-time education programs that create access to higher paying jobs. The programs are financed by capital invested in the businesses that employ the low-paid workers; profits generated from this investment fund the programs.
Malo Traders, 2010 GSEC Judges Choice Award Winner
Sanergy produces electricity and fertilizer through providing safe, affordable sanitation across the slums of Kenya. In these areas with no infrastructure and limited resources, we are pioneering a model providing sustainable sanitation services by combining low-cost technology developed at MIT with an innovative deployment strategy.
Online PayStation: To extend the benefit of online bargain shopping to the world’s poor by accepting cash. Our vision is to increase the accessibility and purchasing power of low income communities worldwide by establishing a network of pay stations that will provide savings on and online access to items such as school books, food, medicines, and water.
Black Bengal Meats Company: A just not for profit social business targeted towards providing nutrition and employment at the Base of the Pyramid in Bangladesh. Black Bengal Meats Company will use rural poor to generate low cost goat meat to sell to the urban poor.
Foundation for Russian-American Economic Cooperation, www.fraec.org.