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PV Inova, a Brazilian company that offers telecommunications technologies to public transportation users and software for transportation managers, is one of the 11 honorees of infoDev’s Global Innovators 2009 Contest. infoDev is a global development financing program among international development agencies, coordinated and served by a secretariat housed in the Global ICT Department of the World Bank.

PV Inova offers two products: TELO, a vehicular public telephone designed to meet the needs of developing nations, and TELOTrack, a next-generation web-based Global Positioning Satellite fleet management system. The company’s founder, Andre Averbug, has begun negotiating with countries including the U.S., Argentina, Angola, Chile, and South Africa as part of the firm’s expansion plan.

The award program showcases innovative businesses emerging in developing countries, drawing attention to the challenges facing entrepreneurs in growing their firms and how incubators are helping them overcome these challenges. The winners will receive further recognition at infoDev’s Third Global Forum on Business Incubation in October.

Part of the award program is that the recipients are current or past beneficiaries of business incubators that are members of infoDev’s global network. PV Inova was incubated at Genesis Institute of PUC-Rio.

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