MIT Legatum Center for Development and Entrepreneurship Announces $60,000 in Prize Money for Development Focused Projects

The MIT Entrepreneurship Competition and the MIT Legatum Center for Development and Entrepreneurship today announced that they will align resources for the 2008 competition to further benefit and encourage entrepreneurs in the social development sector. The MIT Legatum Center will offer a $30,000 Legatum Prize for “the business plan that will have the most significant impact in a developing economy.” There will also be two $10,000 Legatum Prizes for two runners-up in this category. Business plans across all tracks of the MIT Entrepreneurship Competition are eligible for the Legatum Prize.
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