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Winter- Spring 2011-2012
NEXTDROP Wins Intel Social Innovator Award
Mentored by EFN member Ray Beauchamp since 2009, NextDrop provides households with accurate and timely information about local piped water delivery, over cell phones already widely in use in India. This information comes from water utility employees who call Next Drop's interactive voice response system when they open valves to distribute water. These reports are used to generate real-time water availability updates and notifications 30-60 minutes in advance of water delivery. In addition, NextDrop uses crowd-sourcing to verify the accuracy of utility reports and create a feedback loop, introducing much needed visibility for engineers in the water utility.The venture, which also won the Global Social Venture Competition in 2011 as an entry from UC Berkeley, has benefited in important ways by the mentoring provided through EFN.
Anu Sridharan, a co-founder of NextDrop, commented that EFN's mentor, Ray Beauchamp "has been really helpful in connecting us to the right people, and for moral support along the way as well. Now that we have actually launched and are running our business, he has been really helpful in the nitty gritty aspects of running a company- from tips on Quickbooks, to revenue projections. Ray was really helpful in helping us think about the financial side of our business!"
Check out the 2012 University Mentoring Schedule...
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