London — On a map it may appear the distance from rural India to northern Canada is great, but with a stopover in London, Enactus teams from around the world are experiencing a close-knit environment.
Enactus is an international non-profit dedicated to inspiring students to take entrepreneurial action to improve the lives of others. This year the Ford Motor Company Fund announced that the four Enactus finalist teams will receive a total of $90,000 USD in the new annual Ford Better World Award, recognizing excellence in social impact.
Today’s final round of competition featured Enactus teams from India, Puerto Rico, Canada, and Kyrgyzstan, with Canada taking second place, and $25,000 from Ford, with their team at Memorial University of Newfoundland. The team worked with botanists and engineers to develop a low-cost, environmentally friendly and efficient hydroponic growing system to produce high-quality, affordable fruits and vegetables year-round. Project Sucseed employs at-risk youth, who have built 512 systems, generating $201,000 in revenue. A recent partnership with Tim Hortons restaurants provides a mini-system to every elementary school in Canada.
“Ford Motor Company Fund is always on the lookout for transformational ideas that make people’s lives better through innovation and access,” Jim Vella, President, Ford Motor Company Fund, said. “The outstanding student teams competing at the Enactus World Cup are turning this vision into reality and are a shining example of the power of social entrepreneurship to change lives and transform communities.”
Team India, represented by Shaheed Sukhdev College of Business Studies, was named World Champion for Project Raahat, which aims to increase sanitation in slum communities of urban Delhi, and Udaan, an initiative that empowers women to operate computer centers in rural India to promote skill development and increase awareness of economic opportunities.
Shaheed Sukhdev College of Business Studies and the Enactus country of India won $50,000 from Ford.
Team Puerto Rico from University of Puerto Rico, Bayamon, developed a program that teaches entrepreneurial skills to students in public schools to drive the state’s economic growth through the next generation of leaders. Team Kyrgyzstan, represented by Kyrgyz National University, is using business innovation to increase communities’ access to alternative energy sources. Puerto Rico and Kyrgystan split $15,000.
The Enactus World Cup is an annual event featuring the best social innovation projects created by the top university and college teams from 36 countries, qualified from 1,700 campuses and 72,000 student participants around the globe.
KPMG presenting sponsor of the Enactus World Cup since 2012, renewed their commitment for the next three years.
“Enactus’ long-term partnerships are an affirmation of the powerful work and positive impact our students and alumni are creating worldwide,” Rachael Jarosh, president and CEO, Enactus, said.
The next Enactus World Cup will take place 9 – 11 October 2018 in Silicon Valley, San Jose, Cali., USA.