Bill Gates Gives Millions For Company To Bring Mobile Money To Haiti
(News One) –The Bill & Melinda Gates Foundation is using its financial clout to push the Haitian marketplace toward change by offering $10 million in prizes to the first companies to help Haitians send and receive money with their cell phones. The project is different from the foundation’s more common approach, which would be to ask for proposals, make grants and then hope for good results. This time the foundation — and its partner, the U.S. Agency for International Development — wants to see the results first and then hand out some cash.
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