For Wege Prize 2020 they will be revisiting the following problem: How can we create a circular economy? Wege Prize teams must leverage their transdisciplinary makeup to collaboratively design and propose a solution to a wicked problem of their choosing that can, in turn, help solve the wicked problem of transitioning from a linear economic model to a circular economic model. Possible solutions include, but are not limited to:
- Businesses or non-profit organizations
Over the course of nine months and four distinct phases, Wege Prize teams will grow their ideas from an informal research plan into a fully-developed solution that can be prototyped and tested in the real world.
Winning teams will split the following awards evenly between their five members:
First Place: $15,000USD
Second Place: $10,000USD
Third Place: $5,000USD
To be eligible to participate on a Wege Prize 2020 team, you must:
- Attend a college, university, or equivalent institution of higher education anywhere in the world;
- Be a student enrolled in a full-time (or equivalent) undergraduate or graduate program for the duration of the competition. Teams can be composed of both undergraduate and graduate students if they so choose;
- Teams must have exactly five members who represent at least three (3) different academic disciplines and at least two (2) different institutions of higher education.