So you want to change the world, and you have just the idea on one thing you can do to affect that change. Want to run a restaurant to hire at-risk youth? Want to teach women to sew their own clothes to save money?
Genecis, a student startup devoted to recycling food scraps into value-added products, has won the $5,000 second-place prize in the early-stage category of the inaugural RBC Prize for Innovation and Entrepreneurship.
Toronto-based Platterz knows they’re working in a crowded marketplace; whether you’re looking to skip a lineup before ordering food for lunch, or looking for food delivery to the office, there really is no shortage of food startups looking to become the next big convenient thing.
While many Canadian startups use technology and innovation to build solutions for sectors like financial services and healthcare, they aren’t always at the forefront of creating solutions for social problems like poverty, hunger, and disease.