If you ever thought a young adult is too inexperienced to make a difference, you haven’t met the participants in the Institute on the Environment’s Acara impact entrepreneurship program.
Through Acara, students from colleges across the University of Minnesota build practical business skills and global experiences while simultaneously launching impactful entrepreneurial ventures aimed at addressing global grand challenges. They are motivated to change the world for the better, and many who participate in the program go on to do so during their careers. Continue reading
A project aimed at developing magnets that don’t require the use of rare earth elements captured the $10,000 top prize in a Dow Sustainability Innovation Student Challenge Award (SISCA) competition held Dec. 4 at the University of Minnesota’s Institute on the Environment in St. Paul. Continue reading
A 2014 Acara Challenge winner is using his award to pilot his start-up in Uganda. Brice Aarrestad, a student in the College of Design, won the Acara Challenge International Bronze Award for his venture, Help Desk, which aims to address three major issues Aarrestad saw in Uganda: inadequately furnished schools, high unemployment and deforestation. By exporting high-quality, artisan-made furniture to America, he hopes to provide job training and stable employment, support sustainably sourced materials, and provide resources to schools in need.
The Acara Challenge is a competition held each year by IonE’s Acara program to spur start-ups with creative, sustainable solutions that can have impact in the world.
Read more about Help Desk’s work in Uganda.
Banner photo: Help Desk’s Strap Bench prototype on the bank of the River Nile in Jinja, Uganda, by Brice Aarrestad.
“Incredible India” is the Government of India’s international marketing tagline, and it is spot on. But when Acara travels to India, the question is not which Himalayan peak to summit. It is, “How can business be used to impact the grand societal and environmental challenges of the 21st Century?”
In May 2014, Acara sought to gain further insights into this question through our most recent study abroad program. We spent three eye-opening weeks in Bangalore, India with 14 University of Minnesota students from engineering, business, public health and design. We were there to discover challenges at the nexus of community development, infrastructure, and environment, as well as the entrepreneurial venture solutions that India’s change makers are passionately pursuing. Continue reading
Four teams with roots in the Institute on the Environment’s Acara program have advanced to the semifinals in the 10th annual Minnesota Cup, the state’s largest venture competition.
Acara is a social entrepreneurship program that helps University of Minnesota students develop impact ventures that address societal and environmental challenges through courses, workshops and field experiences.
The four Acara-based social ventures were chosen from a pool of 1,300 and will be competing against 66 other teams for up to $30,000 in seed money for their start-ups. The ventures are:
- MyRain – supplies drip irrigation systems to small-plot farmers in India
- Pragati Palms – markets sustainably sourced Indian artisan crafts
- Mighty Axe – grows Minnesota hops for local brewers
- BDW Technologies – is instituting a process for genetically engineering probiotic bacteria to counteract infection in farm animals.
In addition, IonE managing director and chief operating officer Lewis Gilbert has been advising another finalist, Kate Thompson of Ground Truth Collaborative.
Learn more about the Minnesota Cup and the semifinalists here.
Photo: Matthew Wildenauer
With its innovative work to encourage impact entrepreneurship around the world,we’ve always had a hunch the Acara program is something special. That hunch got some solid affirmation recently when Acara won the C. Eugene Allen Award for Innovative International Initiatives (III Award) from the Global Programs and Strategy Alliance. The award recognizes faculty and staff who internationalize their work or the work of their department. The recipients receive an award trophy and a $2,500 professional development or program assistance stipend.
(2/27) Eleven teams of student social and environmental entrepreneurs have been selected winners of the 2014 Acara Challenge, a competition co-sponsored by the University of Minnesota’s Institute on the Environment and the College of Science and Engineering. Read more