Babson College
IN-2: Innovation 2

Food Sol, which is housed in the Lewis Institute for Social Innovation, works to help food entrepreneurs create sustainable business plans- with economic viability to allow for actual social and environmental impact. Food Sol also connects food entrepreneurs with the campus and local community by hosting regular events such as Food Day, which showcases innovative food from entrepreneurs. Below are some FAQ from Food Sol: Why Is Food Sol at Babson? As the leader in Entrepreneurial Thought and Action®, Babson teaches future leaders how to convert complex challenges into opportunities for social, environmental and economic value creation simultaneously—not sequentially. Thus, Food Sol resources and supports food entrepreneurs who are taking positive action for the food system. Why Does the Food System Need Entrepreneurship? The number and scale of dilemmas linked to the global food system are complex, intertwined, and daunting, but they are not insurmountable. As a global community, we face: -Healthcare challenges based on both scarcity and overconsumption -Dwindling global supply and distribution imbalances -Land and water degradation -Increased energy demands and climate change implications -Questions of food safety and transparency -Inefficient and unsustainable government subsidies -Economic and regulatory pressures that threaten family farms -Human health, animal welfare, and environmental concerns connected to large-scale agriculture and animal husbandry -Antibiotic-resistant bacteria entering the human population through the food chain -Inequitable labor practices and standards -Few agreements are in place to define any of these dilemmas—let alone determine a path forward. Where Are the Entrepreneurial Opportunities? Thousands of movements are underway—from neighborhood to national in scope—to redesign our food system. Initiatives seeded by government, philanthropy, and business are all doing their parts to make change.​​​​​