NovoMoto Wins Grand Prize in Governor's Business Plan Contest

A University of Wisconsin–Madison spinoff won the grand prize and three others won top awards in their categories in the 15th annual Governor’s Business Plan Contest on Wednesday. The grand prize went to NovoMoto, a social enterprise company that packages and sells solar lighting systems under an innovative rent-to-own program in the Democratic Republic of Congo. The lights replace expensive kerosene lighting, said co-founder Mehrdad Arjmand in accepting the award. NovoMoto also snagged the business services category award.

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