Startups receive $10K from Acadia Award
In total, 16 teams participated in Acadia's Start It Up program via Launchbox. The winner a team of three environmental science students from Acadia University won first prize and $6,000 for their idea of a mobile food truck that serves healthy produce sourced from local farms, called Highway 101.
the 16 teams were given real industry problems and had 28 hours to come up with a viable solution. The participants learn to apply the Lean Canvas Model and at the end of the workshop, the teams present their ideas to a panel of judges. The second-place team won $3500 for its solution to connect students to retired seniors who want to stay in their homes and need help maintaining their property and third place ($500) was won by a team from Cultiv8, who designed an app to harmonize a work/life balance.
The workshop was coordinated by the Acadia Entrepreneurship Centre, which manages LaunchBox.
To read the full article on Entrevestor, click here.