Written by Parija Kavilanz for CNNMoney. 

Aspire is hoping to solve the world’s hunger crisis one bug at a time. And as the winner of the $1 million Hult Prize, it has a pretty solid shot at success.

The startup provides low-cost insect farming systems to local farmers to help them harvest insects like crickets and grasshoppers year-round. Aspire then buys the insects — which are full of nutrients — from the farmers and distributes them to urban slums. Not only does this create income stability for the farmers, but it provides consistent nutrition at a more affordable price to those in need.

Aspire has already launched in Mexico and is planning on launching a program in Kenya.

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