Walmart launches sustainable business competition for students

Walmart Canada launched the Green Student Challenge that invites post-secondary students to develop proposals that are good for the environment and business.

"Today's students are tomorrow's leaders," said Walmart Canada president and CEO David Cheesewright. "We are asking for their best, most innovative ideas to make business more environmentally sustainable in the future."

Walmart will award a total of $100,000 to students who come up with the best proposals that include $30,000 to the winner and $30,000 to the winner's school. The remaining $40,000 of awards will be distributed to the second through fifth place winners, accordingly.

Submissions will be judged on three criteria: ease of implementation, originality, and potential economic, social and environmental benefits.

Five semi-finalists will be flown to Toronto in March 2012 to present their ideas in front of a panel of Canada's top CEOs, who will choose the winning submission.

"Post-secondary students have an incredible opportunity at school—to learn, to experiment, to dream big and think in a different way, without the constraints placed on businesses," said Cheesewright.

To see the video announcement, click here: