Business Wire

Global Youth Problem-Solvers Announced as Winners of Mary Kay Inc.-Sponsored NFTE World Series of Innovation Challenge

31.3.2021 16:00:00 EEST | Business Wire | Press release

Share

Mary Kay Inc., a leading corporate advocate of women’s empowerment and entrepreneurship, announced today the top three winners of its World Series of Innovation (WSI) Challenge in partnership with the Network for Teaching Entrepreneurship (NFTE). In its first year partnering with NFTE, Mary Kay sponsored the 2020 NFTE World Series of Innovation, a global educational experience that invites young people ages 13-24 to channel their critical thinking and problem-solving skills to find solutions for the biggest challenges facing the world today and help advance the UN Sustainable Development Goals (SDGs) while fostering an entrepreneurial mindset.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210331005187/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Mary Kay sponsors Network for Teaching Entrepreneurship World Series of Innovation Challenge to inspire young entrepreneurs to solve the world’s most pressing problems. (Photo: Mary Kay Inc.)

Mary Kay’s World Series of Innovation Challenge encouraged young people from around the world to submit innovative solutions to address Sustainable Development Goal 12: Responsible Consumption and Production. Globally, it is estimated that 80% of discarded textiles wind up in landfills. That statistic earns the clothing and textiles industry the #2 spot on the list of worst-polluting industries, second only to the petrochemical industry. For this challenge, students were asked to design a product, service or initiative that will create a “circular economy” that encourages the reuse or repurposing of uniforms and/or other used clothing, reducing waste that ends up in landfills and decreasing greenhouse gas emissions from decomposing textiles.

The three winners of Mary Kay’s Challenge are:

  • First Place: Loop Tee Loop
    • Loop Tee Loop is a sustainable clothing loop uniting lyocell textile mills with uniform recycling collection services from Metro Manila in the Philippines.
  • Second Place: SwagSwap
    • SwagSwap is a US-based social network for thrifting, enabling peer-to-peer clothing swap for teens.
  • Third Place: Project DBrand
    • Project DBrand is a unique service that de-brands used uniforms so they can be upcycled based in the US.

“Students today grow up in a world where sustainability is part of the daily, global conversation and they are actively engaged to drive change,” said Deborah Gibbins, Chief Operating Officer at Mary Kay Inc. “Mary Kay is proud to partner with NFTE, an organization that is helping to not only ignite the entrepreneurial mindset in youth, but is encouraging them to think critically to tackle challenging global issues. Global companies like Mary Kay have a responsibility to foster entrepreneurial innovation that can help to make the world a better place.”

NFTE is a global educational nonprofit focused on bringing the power of entrepreneurship to youth in low-income communities. The World Series of Innovation (WSI) Challenge invites corporate sponsored challenges to address the UN Sustainable Development Goals. With a reach of 100,000 students worldwide, in 2020 NFTE received nearly 4,000 student participants of all backgrounds submitting ideas in the WSI Challenges and nearly 350 students participated in the Mary Kay-sponsored challenge.

“The World Series of Innovation encourages young people to apply their entrepreneurial mindset to address global challenges,” said J.D. LaRock, President and Chief Executive Officer of NFTE. “Each year, we continue to be inspired by the innovative ideas the next generation of entrepreneurs envision. We are grateful to Mary Kay Inc. for posing this thought-provoking global challenge that encouraged students to think about the circular economy of clothing and textiles in a whole new way.”

In addition to the World Series of Innovation, Mary Kay was one of the lead sponsors of the 2020 NFTE’s United Nations Global Goals Conversation, an annual thought leadership event convening youth, industry, nonprofits, and philanthropy to advance a dialogue around social entrepreneurship solutions. Held during Global Entrepreneurship Week, the topic of the panel was “Engaging entrepreneurs to innovate and take action using technology as a tool for social good.” The panelists discussed innovative ways to use technology to emerge from the challenges raised by pandemic such as unemployment, economic recession and an increasing social unrest to build a more equitable and inclusive society in a post-COVID world. The 2020 UN Global Goals Conversation was presented by Citi Foundation, Ernst & Young LLP (EY) and Mary Kay Inc., with additional support from Bank of the West BNP Paribas.

For more information about the World Series of Innovation and all challenges, visit https://innovation.nfte.com.

About Mary Kay
One of the original glass ceiling breakers, Mary Kay Ash founded her beauty company nearly 60 years ago with three goals: develop rewarding opportunities for women, offer irresistible products, and make the world a better place. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skin care, color cosmetics, nutritional supplements and fragrances. Mary Kay is committed to empowering women and their families by partnering with organizations from around the world, focusing on supporting cancer research, protecting survivors from domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Mary Kay Ash’s original vision continues to shine—one lipstick at a time.

About NFTE
Network for Teaching Entrepreneurship (NFTE) is a global nonprofit organization that provides high-quality entrepreneurship education to middle and high school students from under-resourced communities, as well as programs for college students and adults. NFTE reaches 70,000+ students annually in 25 states across the U.S. and offers programs in 12 additional countries. We have educated more than a million students through in-school, out-of-school, college, and summer camp programs, offered in person and online. To learn more about how we are promoting inclusive capitalism and building the next generation of diverse entrepreneurs, visit www.nfte.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Mary Kay Inc. Corporate Communications
Marykay.com/newsroom
(+1) 972.687.5332 or media@mkcorp.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Klarna Card reaches 5 million active customers19.3.2026 16:31:00 EET | Press release

Klarna, the global digital bank and payments provider, today announced that the Klarna Card has reached 5 million active customers globally, underscoring rapid adoption as consumers shift towards new forms of payment which provide more control over day-to-day money management. The card draws from the customer's own funds for everyday spending, with the option to spread the cost of a specific purchase, like a large appliance or a flight, when it makes sense to do so. The result is a card that offers genuine spending control without the long-term debt obligations that come with traditional credit cards. The card’s growth is reinforced by Klarna’s membership program. The program offers premium perks such as airport lounge access, travel insurance, and lifestyle subscriptions — without requiring users to take on debt, meet spending thresholds, or revolve balances. By separating everyday spending from rewards, Klarna is challenging the strings-attached model legacy banks have long relied on

Andersen Consulting Expands Technology Platform in France19.3.2026 15:30:00 EET | Press release

Andersen Consulting expands its digital transformation offering through a Collaboration Agreement with Teolia Consulting, a French firm specializing in project and product management, cloud platform engineering, data transformation, and Atlassian suite integration and adoption. Founded in 2014, Teolia Consulting helps organizations achieve digital performance, from agile methodology to time-to-market solutions. The firm’s expertise is focused on delivering integrated strategies that align technology with organizational change. The firm works across industries including banking, insurance, fashion, and retail, empowering clients to strengthen resilience and accelerate digital maturity. “At Teolia Consulting, we believe that true transformation happens when technology and people evolve together,” said Lucienne Jacquet, managing partner of Teolia. “By collaborating with Andersen Consulting, we not only amplify our impact but also gain access to a worldwide organization of like-minded indi

Stonebranch Releases 2026 Global State of IT Automation Report, Revealing Orchestration as the Missing Link for AI Adoption and Trust19.3.2026 15:30:00 EET | Press release

Stonebranch, a leading provider of service orchestration and automation solutions, today released its annual 2026 Global State of IT Automation Report, the company’s most comprehensive research study to date. Based on responses from 402 IT automation professionals spanning C-suite executives to individual contributors across North America, EMEA, Latin America, and APAC, the report provides a detailed, data-driven portrait of how enterprises are investing in, deploying, and deriving value from IT automation in 2026. “This year’s findings highlight an important shift in how organizations approach automation,” said Giuseppe Damiani, CEO of Stonebranch. “Organizations are now building automation as strategic infrastructure — a governed, scalable foundation that spans hybrid environments, operationalizes AI, and delivers automation-as-a-service to thousands of users across the enterprise. The companies that get orchestration right are not just running more efficient IT operations. They are

Perma-Pipe Accelerates Growth with New U.S. Northeast Facility Investment to serve Artificial Intelligence Data Center customers, Provides Middle East Operations’ Update and Concludes the Board’s Review of Strategic Alternatives19.3.2026 15:00:00 EET | Press release

Perma-Pipe International Holdings, Inc. (the “Company”) today announced a strategic expansion initiative focused on accelerating growth through entry into the high-demand U.S. Northeast region. The Company is positioning itself to capitalize on the rapidly expanding Artificial Intelligence (“AI”)-driven data center market in both the United States and international markets while continuing to reinforce its leadership in critical infrastructure solutions. As part of this growth strategy, Perma-Pipe will prioritize investments aimed at expanding its presence in the rapidly evolving AI data center sector. The initiative reflects the Company’s long-term commitment to supporting next-generation technology infrastructure and strengthening its position in the global energy, industrial, and infrastructure markets. Expansion in the U.S. Northeast President & Chief Executive Officer, Saleh Sagr said, “We are excited to announce the expansion of our operations with a new facility in the Northeast

Armis Launches First-of-Its-Kind Benchmark Report Warning of Critical Security Gaps in AI-Native Development19.3.2026 14:00:00 EET | Press release

Armis, the cyber exposure management & security company, is warning that the rapid enterprise adoption of AI-native development is outpacing critical security safeguards, leaving organizations exposed to systemic vulnerabilities. New research from Armis Labs’ Trusted Vibing Benchmark Report, which evaluates 18 leading generative AI models across 31 test scenarios, reveals a 100% failure rate in generating secure code. These vulnerabilities are most prevalent in high-risk areas like memory buffer overflows, design file uploads and authentication systems. Therefore, organizations should immediately implement AI-native application security controls to reduce risk. “The era of vibe coding is here, but speed should not come at the cost of security,” said Nadir Izrael, CTO and Co-Founder of Armis. “Our research finds that the worst offenders are the same ones selling security solutions for the very vulnerabilities their models create. If the industry continues to integrate autonomous code wi

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye