Indian Student Entrepreneur Wins Intel Global Challenge
Bangalore: It came as a pleasant shock, when Neha Juneja heard that her company Greenway Grameen Infra won the 2012 Intel Global Challenge at Haas School of Business, University of California, Berkeley, receiving $50,000 on November 9 amongst more than 150,000 students from more than 50 countries.
The Intel Global Challenge is a joint project of Intel and the UC Berkeley Lester Center for Entrepreneurship. Started in 2005, it rewards student entrepreneurs a total of $100,000 for innovative ideas that can make a positive impact on society.
Founded in 2010, the firm’s biomass-based stove with single-burner uses 65 per cent less fuel and produces 80 per cent less smoke than traditional stoves. The company targets consumers in rural areas.
Juneja, 27, co-founder and chief executive officer who had also won the Businessworld Young Entrepreneur Award in 2011 said, "I was surprised because the other participants were very good.
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