Nine teams. Five judges. $40,000 up for grabs.
Social innovation: a novel solution to a social problem that is more effective, efficient, sustainable, or just than current solutions. The value created accrues primarily to society rather than to private individuals.
This summer, World Vision Canada hosted its first ever social innovation challenge.
Students from across the country submitted ideas for a chance to win up to $40,000 to make their idea a reality. They were tasked to come up with a social enterprise to solve problem within one of two sectors: water or health.
"Everyone knows that water is a problem so we wanted to tackle something that people can relate to," said one of the students, who presented a micro-filtration system that used fungus to filter water.
Find the full live stream of the event below
Dan Monaghan, co-founder of Clear Summit Group, was one of five judges who watched the top nine teams pitch their ideas on September 8.
"I was inspired. There was so many amazing ideas, deep thought and a lot of passion," he said.
Monaghan, along with his panel of "dragons" chose Jerry Ennett as the winner of the $25,000 prize.
The audience chose the second place winner, who was awarded $15,000.
To learn more about the next World Vision Social Innovation challenge, visit http://challenge.worldvision.ca/