Halifax-based Alaagi, a sustainable packaging startup created by Saint Mary’s University graduate Sheheryar Khan, has advanced in the global Hult Prize competition.

Launched in July 2024, Alaagi produces a fully compostable bioplastic made from seaweed, SMU said in a statement. The material can be used for grocery bags and sandwich wraps and can be heat-sealed to preserve freshness.

The company is now developing what it says is the world’s first bioplastic film to meet the industry-standard 10K Oxygen Transmission Rate, suitable for meat and seafood packaging.

On its website, the Hult Prize competition says the annual event is the world's largest student startup contest, attracting more than 200,000 annual participants.

During the latest round of the contest, Khan’s teammates Vaishali Sachdeva and Tyler MacLean helped him compete against 56 international teams. The startup was among 22 chosen to move forward, following their recognition as National Champions after beating 19 other Canadian teams.

Next month, Alaagi heads to London for Stage 4 of the competition: the Global Accelerator. The team will receive mentorship, guidance, and networking opportunities. Of the 22 competing teams, eight finalists will be chosen to pitch to a panel of judges for the US$1 million prize in September.

The company is currently taking part in Collide Launch. Run by Dal innovates, it is a summer accelerator program for undergraduate and non-research-based graduate students launching a business.

“Being a part of the Hult Prize Global Accelerator is a dream come true," said Sachdeva, a SMU arts student. “I am so excited to represent Alaagi and Saint Mary’s University in London this August.”