Five students from the Desautels Faculty of Management at McGill University, Canada offered a rather innovative (read bizarre) solution to the challenge of the 2013 Hult Prize, considered by some as the Nobel Prize of the b-school arena. Responding to the challenge of developing a viable social enterprise to tackle the challenge of food security for urban slum dwellers, these students have offered crickets as an inexpensive source of food as well as a new source of income.
Desautels Students' Concept of Solving Urban Hunger with Diet of Crickets Scores Big Points in Social Entrepreneurship Contest
A world without hunger could mean a world with a lot more crickets, according to a team of MBA students at McGill University's Desautels Faculty of Management.
...This year's social issue, personally selected by former President Clinton, is centered on the global food crisis in urban slums, affecting more than one billion people worldwide. Mohammed Ashour, McGill's team captain, said his idea was base solely on the concept of insect consumption.
A group of Desautels MBA students beat out over 40 teams and 10,000 applicants, including representatives from Harvard, MIT, and Yale, to win the 2013 Hult Prize Boston Regional Finals.
This fall, Carleton alumnus Gabe Mott and his team will stand before world business leaders and former U.S. President Bill Clinton and ask for $1 million.
His goal is to help put crickets on dinner tables around the world.
Insects are not regular fare on Western menus, but a surprising number of people worldwide--perhaps as many as 2.5 billion--eat them happily on a regular basis. High in protein, low in fat, and rich in iron and omega-3, bugs like grasshoppers and cicadas are vital staples--a crunchier, and more sustainable, alternative to beef, pork, and lamb.
If I broke the news to you that MBA students tend to be highly competitive individuals, you may not be too surprised. The Pope is, also, apparently Catholic, and all politicians are credible and reliable.
A group of McGill students (Mohammed Ashour, Gabriel Mott, Shobhita Soor, Jesse Pearlstein and Zev Thompson) hope their plan to breed crickets for use as a viable food source will be a million-dollar idea. The five students will be up against teams from Harvard, MIT and Yale as well as other teams from around the world.
With his team, Mohammed Ashour, a Master's candidate at McGill University, won a regional championship of a special competition to have their proposal of crickets as a food source for impoverished countries presented to Bill Clinton and Barack Obama - and potentially win $1 million.
Watch full interview: Global Montreal, March 11, 2013
McGill University Desautels Faculty of Management students Jean Vianney Cordeiro, David Gao, Shirley Xu Wang and their team have won the 2013 National Ace the Case competition on March 2. Jean Vianney, David and Shirley’s team had earned the opportunity to represent Canada at the 2013 KPMG International Case Competition (KICC) in Madrid, Spain, coming up on April 2-5.
MBA students Khaled Kahale, Hamidreza Mafi, Juan Camilo Ramirez, David Solomon and Scott Weatherhead represented Desautels Faculty of Management for the first time at the USC Marshall Global Consulting Challenge alongside nine other prestigious business schools from across the world. The team was awarded the best overall industry analysis prize by a team of judges.