Hult Alumni Magazine | Page 50

FEATURE Phyta U-Light University of North Carolina at Chapel Hill American University of Sharjah Phyta is a company that has created an incentive and marketplace for coastal fishing communities to grow, sell, and invest in seaweed for a sustainable future. The business model intends to support economic development in coastal communities while simultaneously addressing the growing global demand for alternative plastic, feed, and personal hygiene products. Phyta was founded by three women from North Carolina who are committed, passionate, and ready to introduce the world to the game-changing, multi-faceted product of seaweed and have already installed the first seaweed farm in the state of NC. U-Light aims to provide a simple, affordable, and reliable source of light to 1.2 billion people living off the electricity grid across the world. The product harnesses kinetic energy to generate electrical energy in a sustainable and cost-effective manner. U-Light aims to become the world leader for human powered innovation with plans to scale both vertically through more products/models and horizontally across different regions. The company is currently in the process of piloting their product in rural areas of Nigeria. U-Light aims to capitalize on their presence in Nigeria to establish connections and collect letters of intent. U-Light is a movement that aspires to empower millions of children and change the world—Nigeria is just the very first step. U-Light: For a brighter future. Team members: Eliza Harrison, Lucy Best, and Emily Kian Team members: Omar Al Khattab, Omar Mansour, Ahmed Yasser, and Omar Ghanem 50