Sanergy wins again, this time with MIT $100K Entrepreneurship Competition
When the winners of the MIT $100K Entrepreneurship Competition were announced yesterday, a company called Sanergy emerged on top, capturing the $100,000 grand prize, as well as the $5,000 audience choice award. This win is one of several in a very successful year of business plan competitions for Sanergy, a MIT-based startup that has created a sustainable and hygienic solution to the lack of sanitation facilities in the slums of developing countries such as Kenya. In 2011 alone, the company, headed by MIT MBA student David Auerbach, has already won the social entrepreneurship track of the Tufts $100K Business Plan Competition, the Walmart Better Living Competition, and the Global Social Entrepreneurship Competition, along with an impressive second-place finish at the Global Social Venture Competition, all of which total over $203,000 in prize money. And they show no signs of stopping: Sanergy is a finalist in the $90,000 Echoing Green Fellowship, which will announce the 2011 fellows within the next month.
Co-founder of Bizplancompetitions.com. 2009 graduate of Nazareth College (Rochester, NY) who enjoys riding horses and motorcycles (in that order).
Sanergy also just completed the MassChallenge 2011 competition as a top winner and received $100K of our $1M prize money. There were 16 other winners as well.
Thanks Scott, Here is a link to the press release announcing the MassChallenge winners (including Sanergy): http://masschallenge.org/2011/10/24/masschallenge-award-ceremony