First we had the elephant dung paper products, and now Indonesia’s Prasetiya Mulya Business School developed high-quality bricks made from abundantly available cow dung.
The school won this year’s top $25,000 top prize at the 10th annual Global Social Venture Competition (GSVC) hosted by University of California Berkeley’s Haas School of Business. This year’s competititon had a record 300+ submissions from more than 100 universities in 23 countries.
GSVC aims to promote the creation and growth of successful social ventures worldwide supporting people and planet while being profitable.
With EcoFaeBrick, the winning team said the use of cow dung will not only solve the hygiene problem in Indonesia and other emerging countries but also reduce the use of firewood and clay.
The $10,000 second prize went to mPedigree Logistics from the Tuck School of Business, Dartmouth University. The team developed anti-counterfeit solutions to the growing global counterfeit drug market via mobile marketing and supply chain technologies.
The World Health Organization (WHO) estimates that up to 30% of drugs sold in developing nations are fakes, containing little to no active ingredients or laced with malicious chemicals. The growing global counterfeit drug market is estimated to reach US $75 billion by 2010, forming about 10% of all global pharmaceutical trade.
SolarCycle from the George Washington University School of Business won the competition’s third prize of $5,000. Their low-cost reflective material made from used plastic bags and the interior of metalized chip bags can reportedly replace mirrors in solar concentrating applications for developing countries.
“We’ve designed this product to help low-income urban Africans turn a local trash problem into a cheap, green and revolutionary new product that can assist rural people with both solar cooking and water pasteurization.” – George Washington University School of Business
Another interesting venture submitted by the London Business School is their “Gearch”, a Google powered search engine and portal that uses all the money generated by the searches to plant trees in tropical countries.