Gabe Mott is spending the summer in Mexico, where the company he's part of is trying to figure out how to industrialize the production of insects — or micro-livestock — to address global food insecurity.
Mott works for Aspire Food Group. Last September, Mott and his colleagues from McGill University won the Hult Prize for Social Entrepreneurship, which came with $1 million in seed capital to feed 20 million people by 2018.
The company has another pilot project in Ghana.
"The idea became really compelling when we realized that most people around the world who eat insects choose it, preferentially, over beef or chicken. In fact, insects — in almost every market you find them in — are more expensive than beef or chicken," Mott said in an interview with All In A Day guest host Giacomo Panico on Tuesday.
"So people really desire these, but they haven't been industrialized. So by bringing in some modern technology we can increase the efficiency and bring the price down and make the food available for everyone."
Mott thinks there could one day be a market for insects in North America, even among vegetarians. The bugs can also be ground up into a high-protein flour that can be used for things like making tortillas.