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The other there is a global food crisis and if you haven't been to some of the countries around the world.
We're we're food is not only obvious necessity for everybody but what scares.
I encourage you to at least to some more research on it we've all heard about USA for Africa back in the eighties and -- efforts to continue to take place around the globe -- isn't there is a lot of great work being done.
And before we bring our best guess it would take a couple things in them into account we have our our staff in -- put together some some numbers for -- to give you an idea of the situation.
-- around the globe first -- -- 25%.
Of children and around the world are in some sort of -- hunger state.
Are they need food the world produces enough food defeat everyone but more than 13 of the food produced is lost or wasted some -- refrigeration semester just have to people throwing it away not eating what they -- There are more hungry people in the world than the combined population of the US Canada and the EU that was the latest numbers a source bill as the whole prize.
And we have the CEO of the -- prize -- with us here in New York along with the winners this year.
And will be -- talk to both of about what they've done that they're from.
Like Austin Ross university your sorry guys.
From -- -- whole team there ago.
And what's interesting is the power party they did war in Ghana and in Mexico.
And you know a story that we actually saw here on Fox News a while back about how.
Could be a potential food source art food source for many people around the globe and how they could be maybe answers some of these problems I would appreciate guys coming I know that we have -- I star he's the founder and CEO of the -- -- And we also have Mohammad aren't sure is so beat up Serbia so that's a crisis shall be -- -- -- -- I appreciate I I spent a lot of time overseas but sometimes that a pronunciation is aren't aren't -- -- -- you -- -- you guys -- to not -- guys coming on.
Did a fantastic organization gets is a great job I was reading up on it done earlier today.
Always -- the with the with Ahmad -- -- And how important this price that -- -- give us a rundown for those who have done a background on the on the hopefuls -- and what it does.
They'll give us kind of an idea of the significance of this Friday.
What you guys do for the winners and really -- what this means to people and people dealing with hunger around the.
Well sure the -- -- a platform for business students around the world to come up with innovative ideas to -- challenge that President Clinton selects.
And we run this in partnership for the whole business school and the Clinton Global Initiative.
So what we've done this series taking on the global food crisis which as you got -- -- mention.
Is one of the world's easiest challenges to solve because the world does produce enough food -- everybody over.
So this year we've asked teams to come up with innovative -- that actually -- the food -- -- -- -- little target the urban -- specifically.
And we're taking on.
On this challenge of how do we reach twenty million people in the next five years through delivery of scalable business ideas.
And we're -- -- to be with -- who won.
Last night at the Clinton Global Initiative the global whole prize award which is a million dollars in start up capital to launch their idea.
-- before we get to the guilty -- quickly how do you mention their other groups out there that it also did very well.
Do they do they get any thing for for coming in second or third or I mean how does that play out.
He had done to us about -- some of the great ideas yes so globally we had actually 101000 applicants which started.
The first round of the whole prize and then we -- are down about fifty startups who compete in Boston San Francisco London Dubai Shanghai.
And on line and what we have is a network would the Clinton Global Initiative where the second third fourth fifth and sixth place teams actually all continue to get a one year membership.
Into president Clinton's network which is probably one of the most influential and I think powerful networks in the world especially if you're -- -- -- -- -- people access ideas and money.
And that network produces that so the losers -- -- they get a nice membership into the CGI but we do give the million dollars completely to the winners and again were competing -- I investment bank's management consulting companies and the world's top corporations and we're asking -- for -- to go from those corporations to a career social entrepreneurship and that's why we had a million dollar prize that's why we have big awards and that's why we have what we feel -- a new trajectory of the next wave of Arafat endorsed.
Right now have more with no up with a great let's go to the McGill team the McGill university of those don't know McGill universities in Canada appreciate you guys coming on -- congratulations on the win.
Thank you yeah.
My question you guys is as we've heard that insects can be an -- from feeding people around the world.
What is larger idea come from money combining it with them to basically make it -- meal by using.
Combining with flour cornmeal.
Explain what you guys came up way.
Explain how works.
And at how this all goes for what you're going to do with your prize money.
Absolutely so initially we recognize that as you mentioned there's over 2.5 billion people around the world of consumer insects is regular part of a diet.
And of those a 140 million live in urban slums.
So it was never a question of establishing demand what really became our challenges how do we ensure that they're getting adequate supply of these nutritious insects in their diets.
And so for example if you take Mexico which is one of where one of our our pilots and successful partnerships are currently established.
You have a seasonal market for grasshoppers -- grasshoppers are only available for three months out of the entire year and when they are available there painstakingly hand harvested.
Which makes him very expensive.
So our solution is to empower Peri urban and rural farmers to farm insects on a year round basis.
By doing so we ensure stable access to the supply of insects and as well cut through the the season -- problem.
And that allows us to distribute these insects of the people who need them the most.
Who happen to live in the urban slums and in the case of Mexico the largest urban slum in the world.
Trivia how -- how important obviously is this and also how dangerous is this I mean is there any danger involved regarding the insects I mean.
-- that there can be some significant damage done.
If they were to get out I mean I'm sure that's part of the whole process when -- when you're planning -- stuff out.
You have to take into account everything -- -- how they're raised -- security situation all those kind of situations.
Right yes so we anticipate that arrests are quite low.
So first -- -- in the case.
Of a break out these are species that -- exist in need.
Current ecosystems so there really isn't so much of a risk there.
As well like.
They're not so coordinated to all break out at the same time.
And in terms of health.
We've looked at -- species of edible insects around the world and they don't have the factors necessary -- -- on pathogens from insects to humans so there aren't really that many health risks in fact.
The wave that insects are currently processed in some countries for example in Mexico.
Are in pots are lined with paint which contains lead and so if we can take over some of that processing that we can do it in a much safer way.
For -- -- also.
Make note that the rest of the team members routes that would you guys.
So that the team is all there together -- look into the work of art that's coming at the same time.
People talking about you know about how this can be done someone sanity to business school cafeterias.
And -- that someone else.
You know -- and there's some fun ones as well I would -- -- -- grasshopper -- but an in reality.
Especially in Asia this is this is a situation where it.
The insects -- are a significant part of the diet.
-- they're they're great protein I -- -- they're -- to two pieces.
With -- would you million dollars where you guys start you -- pro programs in Ghana and Mexico view do you go back there and expand those programs to go to other countries what your plans at this point forward.
Absolutely so I'm in the -- I immediately we're gonna be starting in Mexico and scaling from there.
We already have partnerships on the ground in Mexico with local organization called -- you -- you.
Fact they've actually worked with us to recruit over 500.
Peri urban farmers were ready to go ready to start farming these insects in order to not only -- people in their own country.
But actually increase their own monthly income by up to 60%.
From the vast majority of our farmers happen to be women.
As far as our our our -- plan we have a very ambitious but scalable and and feasible plan.
And now we're very fortunate to have been recognized for this very fact by the United Nations FAO.
Over the next five years we hope to begin with with Mexico and then from their -- into eastern and western Africa.
Also over time as we develop our our solution.
Which is very read you -- specific so one thing that's important to recognize is that insects while widely consumed.
Aren't always consumed.
In in the same -- so Mexico grasshoppers are are largely -- traditional food.
We're isn't -- you'll find people loving to consume -- weevils and in Kenya the insect that choice is crickets South Africa it's not funny Caterpillar's.
So what other things were very interest in rolling out his fortified products.
I -- our our solutions begins to gain more traction over the years.
As well as increasing awareness about the nutritious value of consuming insects and an -- them to people's eyes.
Yeah I mean awareness as you mentioned are we mentioned may not be.
As necessary in some parts the world but of -- -- rope -- eating insects.
He'd be here in the states -- -- -- -- -- mile it would have not heard of they've heard they think it is being exotic when really it's it's staple a lot of parts of the world.
We have some pictures of you guys when you were last night as we show them -- talk about one of our other critical that that dentist chimed in ten -- one of our viewers says.
Africa and India have been eating insects for ages many Indian people became ill when they moved to Great Britain because of the lack of insects in their diet.
At that time so tell you some background as well.
I know it's should -- get -- working with the Mexican government specifically.
I know Mohammed touched on that can you can you expand a little bit about what you are doing with Mexican government.
-- -- -- -- Primary I believe they've asked us to perhaps if things go well participate in the -- national campaign to and -- -- And I'm product that they are most excited about is eight -- flour until at that involves is taking an in fact since it's such as -- Cost source of about protein.
And adding that Sheila locally appropriate -- -- Mexico that would be corn flour since they're such a large consumption of corn flour.
I'm in addition we're working with the social economic development.
The government as well that is a really excited about preserving this really traditional and help these sorts of -- Ahmad.
Back to you -- the -- what's next here's the obviously this one's been very successfully talk about this team from -- and fantastic did note other teams that are going to be part of there's still in the realm because -- they finished so close to winning the prize what are you guys have planned for next year.
Yeah actually just about a couple hours ago President Clinton announced that health -- was going to be our new challenge for the 2014 cycle.
We're gonna focus on chronic disease specifically in urban -- And as you see from this -- team.
The types of launch of maneuvers that come through identifying tangible market.
And just like we did this year next year we'll call to action at least 101000 applicants who come from a 150 different countries.
350 universities and all come out to create another way to start -- that we help we'll have catalytic impact on the world.
By Ahmad -- -- we appreciate.
You joining us the founder and CEO of the whole prize the million dollar prize that just a great.
Really cool thing to McGill -- done it.
For lack of a better term -- I think over the better terminology that just if you read about -- so it's so fascinating I mean.
I I don't know I I I thought it was great oh really really happy to have you guys -- congratulations to McGill produced a great job winning this year's prize we look forward to seeing on next year's if you allow more about the whole pricing go to the the web site.
But which we'll give you all the details a whole prize -- Oregon they'll be able to tell you about all the great things that are done.
And how you can get involved and -- challenges you just heard.
Is the health care challenge which is a very -- -- -- to challenge your stateside so imagine like that could attest to address -- around the globe.
Thanks guys thank you very much.