6. Number of Husk Power plants
1
4
8
33
51
33
8
43
111
TotalAug 10Mar 10Sept 09Mar 09July 08Mar 08Aug 07
First two
plants built
using
Gyanesh’s
401k savings
First wave of
prize money
used to build
additional plant
provides initial
financing
assists in bringing
on board
Indian government
grants a
capital subsidy
introduced
to Husk at
Global Venture
Challenge
Husk becomes viable
investment option for Acumen
Acume leads
$1.2 m investment
with DFJ
And
provides additional
financing
4
Multiple sources of capital are needed to build
and accelerate new markets for the poor