Towards global food security
Tuesday, July 9, 2013
Early this year, a team of five MBA students from ESADE Business School, Spain, beat 56 other competitors from top-ranking business schools to win the regional finals of the fourth annual Hult prize in Dubai. The Hult prize is a student competition and crowd-sourcing platform for social enterprise, recently named one of the top five ideas changing the world by President Bill Clinton and TIME Magazine.
The 2013 Hult prize is themed around global food security and focuses on how to get safe, sufficient, affordable and easily accessible food to the 200 million people who live in urban slums. The ESADE team comprising American, Australian, Brazilian, Canadian and Mexican students are scheduled to travel to Boston to develop their business model competing against five other teams to launch the Origin Network.
“Origin Network’s mission is to address food insecurity issues in Indian slums. We will operate as a social enterprise by reinvesting profits to meet this social mission. With a planned launch in Mumbai, we will leverage technology and the ubiquity of small retail shops in urban slums in order to positively impact slum dwellers through increased purchasing power, empowerment , awareness, and nutritious food access,” shares Jon Myer, co-founder of Origin and an MBA candidate at ESADE Business School.
Source: The Times of India (link opens in a new window)