University of the Philippines Los Baños
Wednesday, 13 September 2017 17:44

Innovation Olympics symposium to be held on Sept. 26

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The Center for Technology Transfer and Entrepreneurship (CTTE) in partnership with East West Seed Company (EWS) and APEX: The UPLB Business Network will hold the Innovation Olympics Symposium on Sept. 26, 2017 at the Rural Economic Development and Renewable Energy Center (REDREC) Auditorium.

Her Excellency Marion Derckx, Ambassador of the Netherlands to the Philippines, and Dr. Mary Ann Sayoc, Public Affairs Lead of EWS, will grace the Symposium.

The morning session will feature agriculture experts and agri-preneurs who will share their experiences to the next generation of agri-technology innovators.

Dr. Maaike Groot of EWS will talk about the seed industry through academic and research collaborations; while a video speech of Mr. Elvin Laceda, RiceUP founder, will be shown to discuss technology start-ups in agriculture. Mr. Halmond Parket Ong, vice president of Calata Corporation, will discuss the relationship between entrepreneurship and technology; while Dr. Stuart Morris, executive director of EWS, will discuss knowledge transfer and technology.

The afternoon session of the Symposium will have the 10 competing teams presenting their business ideas. The teams qualified for this year’s Innovation Olympics and will have the opportunity to improve their business ideas with the help of industry experts and mentors through a boot camp on Sept. 27-28.

On Sept. 29, the best teams will be awarded PhP 150,000 seed money to implement their business idea. On Jan. 2018, the team with the best results of the implementation of their business idea will be recognized as the grand champion and will be awarded with an additional PhP 250,000.

The Symposium is part of a series of events of the Innovation Olympics 2017 launched by CTTE, EWS, and APEX earlier this year. The Innovation Olympics 2017 aims to bring the next generation of agri-technology innovators’ entrepreneurial spirit to the fore and provide them the unique opportunity to create, implement, and measure the impact of their own innovative solutions that directly improve farmers’ lives.

The activity is also supported by the College of Economics and Management.