A team from China won the inaugural Sustainable Technology Award at the international McGinnis Venture Competition, hosted by the Donald H. Jones Center for Entrepreneurship at the Tepper School of Business.
The team, which was started at Peking University, Beijing, worked on a technology that improves seeds by increasing crop yield, improving the crop’s resistance to drought and reducing the incidence of seed-borne diseases.
‘We really wanted to develop an idea that would have a maximum impact on improving the quality of life for Chinese farmers,’ said Jonathan Chin, sole representative of the nine-member team to make the journey from Beijing to Pittsburgh for the 2007 McGinnis Venture Competition.
The seed-improvement technology acts by exposing seeds to a blast of light from a plasma-quartz bulb, Chin said. The technology has been lab- and field-tested, and the Chinese MBA team is now working towards a broader deployment. The technology will work with corn, wheat and other grains, Chin said.
The Wall Street Journal recently ranked the Tepper School as the third-best business school in the United States.