(MIT Sloan School of Management: Cambridge, MA) -- The MIT Initiative on the Digital Economy has awarded over $1 million in prize money in its second annual MIT Inclusive Innovation Challenge (IIC) in recognition and celebration of for-profit and nonprofit organizations using technology to improve economic opportunity for base- and middle-level income earners.

Held yesterday evening in Boston during HUBweek, IIC’s gala celebration featured such luminaries as Eric Schmidt executive chairman of Alphabet Inc., and Mignon Clyburn, Federal Communications Commission (FCC) commissioner, among others.

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