Walmart Canada has launched its second-annual Green Student Challenge. Teams of college students from across the country will compete to develop the most compelling breakthrough business idea.
The competition will be judged by Shelley Broader, president and CEO of Walmart Canada; Dianne Craig, CEO of Ford Motor Co. of Canada; Chris O'Neill, managing director of Google Canada; Claude Mongeau, president and CEO of CN; and Ana Dominguez, president and general manager of SC Johnson Canada.
The judges will be looking for ideas that present a new way of business, have a significant sustainability benefit and have a strong business case to back it up.
A total of $100,000 in cash will be awarded, including $25,000 to the winners and $25,000 to the winners’ schools.
Last year’s winner was a team of three students from the University of Waterloo that presented an integrated energy hub for retail distribution centers. The hub would integrate solar rooftop panels, be connected to the smart electricity grid to provide grid balancing and auxiliary services, and produce net economic benefits estimated at $1.35 million per year over 20 years.
To learn more about the challenge, visit www.greenstudentchallenge.ca.