Verizon returns its Powerful Answers award, a competition for startups that present $1 million in prizes.
It has already added a new startup category, which is transportation. With four categories, the winners in each category will once again score $1 million, while two runner-ups in each category will receive $250,000. The competition is the company's way of showing support to business innovators that aim for social good.
Bina Sitaram, a 40-year old former senior garment technician in the fashion industry, has created a social enterprise that affords young students lessons in healthy living by holding gardening, cooking and arts and crafts sessions.
Verizon to Roll Out Millions to Social Impact Startups