Wege Prize, Kendall College of Art and Design of Ferris State University’s (KCAD) uniquely transdisciplinary design competition focused on the circular economy, has selected five teams of undergraduate students from around the world to move on to the final stage of the third annual competition based on overviews of their solutions to a “wicked” problem. Now, those solutions will be critiqued by a panel of leading practitioners and advocates of design thinking and sustainability.
At the Wege Prize Awards on May 14, 2016 at Kendall College of Art and Design of Ferris State University (KCAD) in Grand Rapids, Michigan, U.S.A., the five teams will present their solutions in full to the judges, who will choose a first, second, and third place winner. The top award of $15,000 will be given to the winning team, with awards of $10,000 and $5,000 going to the second-place and third-place teams, respectively.
Teams were asked to create a solution to the following “wicked” problem: How can we create a circular economy? Each team – composed of five undergraduates representing different academic institutions and majors of study – had to design a product, service, or business model that can function within and help create a paradigm shift towards a circular economic model, an economic model in which resources and capital are regenerative.