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Hult Prize Winners Awarded $1M To Transform The Lives Of 10M People - #1013
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Four students at University College London who launched aptly named Rice Inc. have been awarded the $1 million Hult Prize to meet the official challenge to “build a scalable, sustainable social enterprise that harnesses the power of energy to transform the lives of 10 million people by 2025.”
Their plan is to make fast, effective and affordable rice drying available to smallholder farmers who, lacking the technology, typically lose about 20%…
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