Development Ventures ~ MIT $100K D-Trackers

Excellent to see the Semifinalist announcement last night at the MIT $100K Entrepreneurship Competition. This entirely student-run Competition has...

"...facilitated the birth of over 85 companies with aggregate exit values of $2.5 billion captured and a market cap of over $10 billion. These companies have generated over 2,500 jobs and received $700 million dollars in Venture Capital funding."

Lots of worthy ideas generally this year, but I want to spotlight the Development Track (or D-Track) especially as announced by MIT Sloan MBA student Carter Dunn, the track leader. Out of the two dozen entrants to the Track, five teams advanced forward to the Semifinals...

• Global Cycle Solutions -- Bicycle Peripherals for Income Generation;
• MobaSola -- Off-Grid Solar Thermal Solutions;
• One Earth Designs -- Appropriate Technology Alternatives to Biomass;
• SHE Sustainable Health Enterprises -- Sanitary Pads for Girl Empowerment;
• WaveWater -- Wave-powered Desalination Systems;

Plus there were at least a dozen additional ventures which were in other Tracks but are really also transformative Development Ventures, including these three Semifinalists!

• Dinube -- Mobile Cloud Financial Services;
• Graphite Power -- Energy Storage Innovation;
• Mobility-on-Demand -- Electric Wheels Everywhere;
  

Congratulations to all!