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New Technology Helps Distribute Donated Food While Tracking Tax Breaks

November 27, 2016: 12:00 AM EST
Two MIT business school graduates, together with a techno-savvy friend, last year won $50,000 to nurture their food-matching platform, Spoiler Alert. In November, the start-up raised $2.5 million in seed funding, then partnered with wholesale food giant Sysco Corp. The Spoiler Alert platform, adopted now by 200 businesses and nonprofits in the New England region, connects food distributors with food-rescue organizations. Using the platform, organizations and food companies cut down on wasted food and spur food donations by making them easier to track. But Spoiler Alert is even more valuable because it helps companies navigate newly-expanded federal tax breaks for organizations that donate food. That makes it easier for small businesses to donate, and for farmers to determine fair market value of inventories. [ Image credit: ©  FoodSpolierAlert.com ]
Janelle Nanos, "Spoiler Alert: It Makes Sure Nothing Goes to Waste", Boston Globe, November 27, 2016, © Boston Globe Media Partners, LLC
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