Mohammed Ashour and four other MBA students at McGill University in Montreal have a plan to farm insects in poor countries and turn them into flour that can be used in everything from bread to corn tortillas. And on Monday, former President Bill Clinton handed them $1 million to make it happen.
The team, which includes Ashour, Shobhita Soor, Jesse Pearlstein, Zev Thompson and Gabe Mott, received the Hult Prize for social entrepreneurs at the Clinton Global Initiative's annual meeting. The seed funding will go to their project, Aspire Food Group, which aims to make insect-based food products available year-round to people living in some of the world's poorest slums.
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