TREC-STEP wins the World Bank Development Marketplace 2008 Award at Washington DC
 
 
RMP Jawahar, Executive Director, TREC-STEP receiving the World Bank Development Market place Award 2008 from Ms.Katherine Sierra, Vice President, World Bank, at the Awards Function, at World Bank Head Quarters, Washington DC
 
 
RMP Jawahar, Executive Director, TREC-STEP after receiving the World Bank Development Market place Award 2008 in front of the Project Display booth at World Bank Head Quarters, Washington DC
TREC-STEP has won the prestigious World Bank’s Development Marketplace Award 2008 for its project on Mini Cold Storage Ventures as one of the 22 Awardees from 16 countries out of 1800 applications received world wide. The Award carries a grant support for implementing the project up to $ 2,00,000. The Award was received by Mr R.M.P Jawahar, Executive Director, TREC-STEP at a function at the World Bank Head Quarters at Washington DC on 26th September 2008 from the Vice President of World Bank, Ms Katherine Sierra.

Earlier 100 finalists from 42 countries out of the 1800 applicants were called to Washington DC for a final presentation and interview by a reputed Jury Panel.

The Project is a technology response to meet the requirements of Small Farmers in saving the wastage of vegetables at Farmers Market by developing a specialized mini cold store unit to be run by trained youth as a business venture to provide value added service to farmers, increasing their income.
 
 
 
 
 

http://dmblog.worldbank.org/

 
 

 
RMP Jawahar, Executive Director, TREC-STEP (Front row extreme left) with other Global Winners of World Bank Development Marketplace Award 2008, at the Awards Function, at World Bank Head Quarters, Washington DC
 
 

Project Gist

Project Objectives

To design and distribute through Public-Private-Partnership ventures managed by trained youth, Mini Cold Store units that are adapted to the needs of 2,500 small vegetable farmers in five farmers’ markets in the Tamilnadu, India. The project will save these farming communities $0.2 million in vegetable waste per year.

Rationale

Due to the lack of appropriately sized cold storage facilities, post harvest vegetable waste costs small farmers in India nearly $6 billion each year. Large cold storage facilities are both unaffordable and unsuitable for small farmers. In response to the yawning gap between large cold storage units and the domestic refrigerators, the project will create youth managed enterprises that distribute Mini Cold Storage systems to five farmers markets, creating wealth for small farmers below the poverty line as well as jobs for rural unemployed youth.

Innovation

The Mini Cold Storage will adapt the latest technology in refrigeration to the needs of small farmers. It will also impact the social architecture by training and engaging local youth in the promotion of the storage units and in stand-alone business ventures.
 
  
   
 
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