Entrepreneurship and making water from waste: Bottles for Growth and the Social Venture Challenge
18/12/2015
Cranfield University’s Bettany Centre for Entrepreneurship recently organised the University’s first Social Venture Challenge, a start-up weekend aimed at encouraging students to ‘think like entrepreneurs’ about ways to solve complex social and environmental issues to create a more sustainable future. The objective of the challenge was to create ideas for new ventures that could have a genuine impact in the world and that could put the proposed solutions into action.
The challenge, set by the charity Centre for Global Equality, was based around securing water for food. Given recent headlines around food security in a changing world, this was particularly topical.
Can entrepreneurship solve global water scarcity?
To put things into context, 2.8 billion people are impacted by water scarcity in the world today. It is estimated that by 2050 the global demand for water will increase by 55%. And over 70% of global water use occurs in supplying food. While business model innovations that could reduce or help resolve water scarcity do exist, many are not reaching the developing countries where they are most needed.
After a brainstorming session 26 students from across the University chose their favourite start-up idea and formed small groups to develop the proposition. In total, six interdisciplinary teams competed for the Santander-sponsored prize of £5,000 that will be used to start a social venture based on the winning idea.
The judges – from the Centre for Global Equality, the Coins Foundation and Santander – were impressed by the excellent quality of the ideas and ranked the entries using the four main criteria:
- Innovation
- Forms of social and/or environmental value created
- Likelihood to succeed
- Communication of the idea
Bottles for Growth
The winning idea, Bottles for Growth, proposed to use empty Polyethylene terephthalate (PET) bottles as mini-greenhouses to capture water that would normally evaporate. This project stood out for the powerful simplicity of the idea, its approach to using waste in a productive way, and the fact that the team is looking to disseminate the innovation through an open-source model so that the solution can be implemented at scale very rapidly.
Bottles for Growth was thought up by four students:
- Ross Tierney – PhD student in the Cranfield University Centre for Competitive Creative Design
- Jenny Pater – MSc in Management and Entrepreneurship
- Johannes Gasser – MSc in Engineering and Management of Manufacturing Systems
- Lucas Kob – MSc in Thermal Power
The team are very keen to create their start-up, and are currently planning the next steps. I am sure that we will see a lot more of this venture over the coming months.
Personally, organising the weekend was an ideal opportunity to gauge student interest in innovative solutions to sustainability challenges. I am particularly pleased that the Santander funding will enable students to create a start-up and put their ideas into actions. I am also excited to mentor the Bottles for Growth team and I certainly hope to make the Social Venture Challenge an annual event so that the students can continue to work together to make a global impact.
Categories & Tags:
Leave a comment on this post:
You might also like…
From Cranfield to CEO: an Emirati innovator’s lean journey
From the sands of Abu Dhabi to the lecture rooms of Cranfield University, one Emirati graduate has carved a remarkable path, blending academic rigour with entrepreneurial spirit. This is the story ...
Cranfield alumni hits 2 million views milestone with accessible archaeology YouTube channel
Cranfield alumni Rosie Crawford’s journey is nothing short of inspiring. While pursuing her undergraduate studies, Rosie created 'JustALittleRoo,' a free online access and outreach platform across YouTube, Instagram, and TikTok to share her experience as ...
From lean principles to lasting love: A Cranfield PhD journey
From the bustling streets of Turkey to Cranfield University, one graduate’s journey embodies the power of academic pursuit, industry connection, and unexpected life events. This is the story of Zehra Canan, ...
Finding economic data on Passport
One of the quickest and easiest ways to find global economic statistical data from a range of authoritative sources is to use Passport. Passport, a Euromonitor product, has both quarterly and annual historical data going ...
Level 7 apprenticeships support social mobility and address skills gaps
A recent article in The Times painted a misleading picture of Level 7 apprenticeships, accusing companies of sending senior executives on management courses, and diverting levy funding away from entry-level apprenticeships. The story fails ...
Want to improve your reading skills?
Are you starting to read through the mountains of journals, books or articles for your project or on your course reading list? Let’s start with a few myths about the reading process: You need to ...
Ask Bob at the Red Lion Salford.
We use this idea to water our plants in Spain when we are not there. the moisture from the air condenses over night and waters the plants.