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A group of students from the Indian School of Business (ISB) who designed a social enterprise, NanoHealth, for a global student competition have been invited to present their idea at the Clinton Global Initiative Summit in New York, later this year.
The group is one of six regional finalists from around the world in theHealthCare challenge, which is the largest student competition in the world. Itis the first time an Indian team has entered the finals.
[caption id=“attachment_79922” align=“alignleft” width=“380”]  The group is one of six regional finalists from around the world in the HealthCare challenge, which is the largest student competition in the world. It is the first time an Indian team has entered the finals.[/caption]
NanoHealth uses technology to create local health networks for urban slum dwellers in an attempt to bring cost-effective healthcare to their doorsteps. That, in turn, will reduce the burden of chronic diseases in the following areas: under-diagnosis, non-standardised treatment and poor prescription adherence.
The Indian students plan to further refine the technology and launch a pilot in India, a press release said.
The other six finalist teams are from France, Spain, USA and Canada.
The competition boasts the participation of over 11,000 teams from more than 300 global universities.After rigorous screening, 170 teams were invited to the regional finals held in six cities - London, Dubai, Sao Paulo, Boston, Shanghai and San Francisco -simultaneously.
The Healthcare Challenge is being held in association with the Hult Prize 2014.The Clinton Global Initiative tackles non-communicable diseases in urban slums.
All six teams will go through an accelerator programme that provides mentorship and support with up to seven weeks of stay in Boston.
The teams will make their pitches at the Clinton Global Initiative’s annual dinner hosted by former US President Bill Clinton at New York in September.
The audience and jury at the dinner will include Nobel Laureate Muhammad Yunus, heads of state and the who’s who in Healthcare & Social Entrepreneurship. The winner will receive seed capital of $1 million for their social enterprise.
The NanoHealth team, comprising ISB students, are:Dr Ashish Bondia, a primary care physician; Manish Ranjan, a business process re-engineering consultant; Ramanathan Lakshmanan, a financial services and risk management specialist; Aditi Vaish, a marketing and communications expert; and Pranav Kumar Maranganty, a technology design expert.
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