The MIT $100K business plan competition awarded its top prize, and a $100,000 check, to C-Crete Technologies for developing a nanotechnology for building cleaner, stronger concrete. The $100,000 prize will help C-Crete get started, said CEO Rouzbeh Savary, but the fledgling business will need more cash to get to its next step – developing a prototype. “This may help us with the initial equipment that we may need, or elementary stuff,” he said. “We need much more than this for our company.”
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