Banana textile wins prestigious prize
A student-led start-up focusing on textiles from banana waste has won the annual $1 million Hult Prize.
The competition challenges student entrepreneurs from around the world to create and launch businesses aimed at tackling some of society’s most pressing issues through social entrepreneurship.
Ideas must create measurable positive impact on people and the planet and support the United Nations in meeting the Sustainable Development Goals (SDGs) by the 2030 deadline.
In total, more than 40,000 students participated in the year-long Hult Prize competition, which started with on-campus programmes at universities in September 2022 and went through several regional elimination rounds. In June 2023, semi-finals were held via online and live events in 12 cities, including New York, Mumbai, Nairobi, Lisbon, Dubai, Taipei, and Rio de Janeiro.
