Iseult Ward, the CEO and co-founder of Foodcloud, was the only Irish person to be included on Time Magazine’s ‘Next Generation Leaders’ list, announced earlier this week.
Ward, a Trinity College Business and Economics graduate, was “speechless” when Time contacted her, she told the Irish Independent.
Foodcloud is a food-sharing service that connects supermarkets, restaurants and other food businesses with local charities and community groups seeking food donations. They have developed an app to efficiently link charities in need to retailers with surplus food.
The Foodcloud initiative combines a sustainable business model with charitable aims. Ward recently told the Irish Independent, “We developed a charity that generates revenue for social good so it’s financially sustainable.” As well as providing charities in need with food donations, the project also benefits the participating businesses. While Foodcloud charges larger businesses to take away their excess food, the project helps these businesses reduce waste disposal costs.
As a third-year student, Ward became particularly interested in social entrepreneurship and the issue of food waste and food poverty in Ireland. She co-founded the Foodcloud project with Aoibheann O’Brien, who recently obtained an MSc in Environmental Science at Trinity College Dublin.
Ward was previously awarded the Business Student of the Year 2013 by Bank of Ireland and Trinity Business Alumni. Foodcloud participated Trinity’s Launchbox programme which provided resources for the further development of the project. Foodcloud also received funding from the Arthur Guinness Projects last year. The project recently received the Social Entrepreneurs Ireland Impact Award.