THE FUTURE OF FOOD: IT'S A BUG'S LIFE

THE FUTURE OF FOOD: IT'S A BUG'S LIFE
EDIBLE insects and catfish are being served up at a $100,000 Brisbane pitch aimed at solving big-picture global problems.

Brisbane-based food facilities designer Wiley is this week focusing more than ever on fostering innovative solutions to solve global food production and security problems, teaming up engineers with savvy business minds. 

Six teams - from as far as universities in Poland and Canada, and as close as Brisbane - will aim to impress Wiley's Management Team with their innovations to boost global food production as part of the Global Business Challenge.

Some of their ideas include an aquaculture solution that produces market-accepted, cost-effective catfish product to increase consumption in Africa; an eco-friendly portable micro-farm called BugHub; and the use of food science and biotechnology to develop the next generation of nutritional and accepted insect-based foods.

The cherry on top is $100,000 in prizes to go towards commercialising concepts. 

Managing director Tom Wiley says the panel will award the $100,000 in kind Genesis Prize to one or more teams that best demonstrated the potential for a global impact on feeding the world, original and innovative content within the business case, and commercial viability of their food production idea.

"Wiley has long-championed innovation to increase sustainable food production," he says.

"What impresses us most about the projects being pitched is their combination of innovation and simplicity.

"We need to embrace technology and science and push the envelope with new ideas to stem the global food crisis, but we also have to be pragmatic.

"Often it's the simplest ideas that have the biggest impact."

The teams that will be pitching this week are Team Mayisara (India), Team C-Fu (USA & Canada), Team Exatio (QUT, Brisbane), Team Garbage Clinical Insurance (Indonesia), Team BioThinkers (Poland) and Team Fish 4 Africa (South Africa).


Get our daily business news

Sign up to our free email news updates.

Please tick to verify that you are not a robot

 

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Australian Millennial managers look to offshoring to solve global talent shortage problem
Partner Content
New research reveals that more than half of Australia’s next-gen leaders are cons...
Cloudstaff
Advertisement

Related Stories

Fintech Paypa Plane to double team size after securing $10m in Series A backed by Mastercard

Fintech Paypa Plane to double team size after securing $10m in Series A backed by Mastercard

Brisbane-based cloud payments software provider Paypa Plane has rai...

What can we learn from the collapse of Porter Davis Homes Group?

What can we learn from the collapse of Porter Davis Homes Group?

Today was a dark day for the Australian construction industry with ...

Infrastructure builder Lloyd Group goes bust amidst "eroded project margins"

Infrastructure builder Lloyd Group goes bust amidst "eroded project margins"

After 44 years in business as a family company that started in Melb...

Another home builder collapses as Porter Davis calls in liquidators

Another home builder collapses as Porter Davis calls in liquidators

A home builder that was forecasting $555 million in revenue this fi...