OCAD University teams competing for $1 million Hult Prize

 

Friday, February 26, 2016 - 5:00am

Two teams from OCAD University’s Strategic Foresight and Innovation Program will soon travel to regional rounds of competition for the $1 million Hult Prize. The prize awards the best social enterprise that can double ten million people’s income by the year 2020.

Team members in the Jade Initiative, Courtney Cooper, Vincent Galante, Ziyan Hossain and Lisa Hart, are heading to Shanghai to pitch their idea to leverage the value of trash to create meaningful jobs and clean cities in the developing world. The city of Dhaka, Bangladesh, for example, has 100,000 people who make their living as waste-pickers. The Jade Initiative would take these people out of the dump and create franchise opportunities and networks for entrepreneurs around recycling collection, on-demand junk removal and waste aggregation services.

OCAD U’s second group, Team Zero, is travelling to the regional competition in Boston. Calla Lee, Melissa Tullio and Christine McGlade will be pitching their idea to manage food waste. The idea would employ women in developing countries to collect food waste from restaurants, compost it and then sell it to urban farmers as fertilizer. Most megacities in developing countries don’t have any municipal compost collection.

The Hult Prize regional competitions are happening March 11 and 12.

 

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Friday, February 26, 2016 - 5:00am

Two teams from OCAD University’s Strategic Foresight and Innovation Program will soon travel to regional rounds of competition for the $1 million Hult Prize. The prize awards the best social enterprise that can double ten million people’s income by the year 2020.

Team members in the Jade Initiative, Courtney Cooper, Vincent Galante, Ziyan Hossain and Lisa Hart, are heading to Shanghai to pitch their idea to leverage the value of trash to create meaningful jobs and clean cities in the developing world. The city of Dhaka, Bangladesh, for example, has 100,000 people who make their living as waste-pickers. The Jade Initiative would take these people out of the dump and create franchise opportunities and networks for entrepreneurs around recycling collection, on-demand junk removal and waste aggregation services.

OCAD U’s second group, Team Zero, is travelling to the regional competition in Boston. Calla Lee, Melissa Tullio and Christine McGlade will be pitching their idea to manage food waste. The idea would employ women in developing countries to collect food waste from restaurants, compost it and then sell it to urban farmers as fertilizer. Most megacities in developing countries don’t have any municipal compost collection.

The Hult Prize regional competitions are happening March 11 and 12.