Wege Prize is a yearly transdisciplinary design competition that gives teams of five the chance to work collaboratively, use design thinking principles, and contend for $30,000 in total cash prizes, all while helping to show the world what the future of problem solving looks like.
Wege Prize is open to any full-time (12+ credits) undergraduate student in America.
Students compete in teams of five, and each team must represent at least three different academic disciplines and at least two different academic institutions.
See complete the rules and guidelines here.
How can we create a circular economy?
Each team will design and propose a specific business model, product, or service that can function within and contribute to a circular economy. The winning submissions will possess the greatest elegance and inspire hope for success while exemplifying an acute understanding of the wicked problem’s delicate social complexity.
Winning teams split the following awards evenly between their five members:
January 11, 2015 (11:59pm EST) - Team registration deadline
March 1, 2015 (11:59pm EST) - Submission deadline
March 9, 2015 - Finalists announced
March 28, 2015 - Wege Prize Awards
March 29, 2015 - Judges' Forum (open to the public)
The economic model of extract-manufacture-disposal relies on vast reserves of expendable resources and an environment that can absorb unlimited waste. But simply reducing waste and the consumption of limited resources is not enough. A circular economy provides a tightly looped, restorative economic cycle where resources can be re-adapted for use without limiting the desirability of products or the loss of revenue.
In 2009, Dame Ellen MacArthur created The Ellen MacArthur Foundation, a non-profit organization with the aim of inspiring a generation to re-think, re-design & build a positive future through the framework of a circular economy. The Foundation has a wealth of resources you can utilize to get up to speed on the ideas, practices, and terminology behind the big idea of the circular economy.
The video 'Re-Thinking Progress' from The Ellen MacArthur Foundation explores how through a change in perspective we can re-design the way our economy works.
Design thinking is a human-centered approach for the development of ideas, business models, strategies, products, services, and brands. This technique pursues innovation through an alignment of consumer needs, sustainable manufacturing, and opportunity.
As an integral component of design thinking, collaborative design empowers the pursuit of innovation by immersing a diversity of transdisciplinary perspectives in the processes of analysis, experimentation, development, and implementation.