Meet the 2018 Food and Agribusiness Convergent Innovation Prize Winner
By Jo毛lle Rondeau, Research Assistant, 平特五不中 Centre for the Convergence of Health and Economics
The 平特五不中 Centre for the Convergence of Health and Economics (MCCHE) at the Desautels Faculty of Management, together with the Faculty of Agricultural and Environmental Sciences (FAES) and , are proud to announce the winner of the 2018 Food and Agribusiness Convergent Innovation Prize.
This year鈥檚 winning venture is the 平特五不中 startup , co-founded by Jamie Lee and Isabelle Lam (3rd-year undergraduate students at the FAES). reMIXed鈥檚 mission is to transform the concept of traditional trail mixes by introducing dehydrated beans and re-purposed fruit, providing an affordable alternative that combats food waste.
In the words of the startup鈥檚 co-founders 鈥渨ith our (BEAN)ginnings sprouting from Montreal, Canada, we hope to share our movement across the nation and the globe, one snack mix at a time.鈥�
The Food and Agribusiness Convergent Innovation Prize was established in 2016 under a partnership between the聽FAES and the聽MCCHE. It is annually offered to support a venture in the areas of agriculture, food and agribusiness that clearly intertwines technological innovation, social innovation, and institutional innovation to simultaneously derive measurable economic and social benefit(s). In 2018,聽Trussbridge has聽joined FAES and MCCHE in awarding the prize.聽To win the prize of $5,000, teams need to be competing in the 平特五不中 Dobson Cup and be interdisciplinary, with at least one member from the FAES holding a substantial role in the team.
On the stage of the 平特五不中 Dobson Cup Award Ceremony to announce the winners on April 6, 2018 were Ian Strachan, Associate Dean of Graduate Education at the Faculty of Agricultural and Environmental Sciences and Fr茅d茅ric Blaise, Managing Director at Trussbridge Investments, and an Advisory Board member of the MCCHE.
Selecting a single winning team was not an easy task for the jury. In addition to reMIXed, finalists for the 2018 CI Prize are listed below.
- JPondE 聽- A food company that produces, processes and delivers African Catfish (clarias gariepinus) products mainly for African Cuisine in Canada. These catfish products are delivered fresh, smoked and dried, or mashed.
- - A C2C telehealth platform that connects Canadian dietitians with clients throughout the world.
- HumaNuts/Kajou - Our vision is to be the largest premium cashew processor and trader in Ivory Coast and to provide sustainable and attractive income opportunities to local farmers and their families.
The fact that two of the teams competing for the Food and Agribusiness Convergent Innovation Prize won awards in their own respective enterprise categories is testament to the excellence of the ventures presented to judges. JPondE was the 3rd prize winner in the Small and Medium Enterprise category ($3,000), while was 3rd prize winner in the Health Sciences Track Award ($3,000).
The Added Value of Competing for the Food and Agribusiness Convergent Innovation Prize
Competing for the Food and Agribusiness Convergent Innovation Prize provides a unique opportunity for teams to develop their business models and presentation skills under the mentorship of members of the diverse networks of both the MCCHE and the FAES, thus benefitting from converging expertise in the fields of management, computer sciences, food and agriculture, and other disciplines. This year, semi-finalist teams also had the opportunity to practice their pitch presentations and gain feedback from Montreal鈥檚 vibrant food and social entrepreneurship ecosystems as part of a special Pitch and Networking Night event for Foodtrepreneurs, co-organized by R茅colte, Esplanade and the MCCHE.
Off-stage at the 平特五不中 Dobson Cup Award Ceremony, the dynamic duo behind reMIXed was thrilled to meet with Trussbridge Investments鈥� Managing Director Fr茅d茅ric Blaise to discuss the support that the venture would need to push through distribution networks and increase the scale of its production.
The support and vibrancy of the entrepreneurial ecosystem around the Dobson Centre for Entrepreneurship and Montreal鈥檚 entrepreneurship community are big takeaways for the 2018 Food and Agribusiness Convergent Innovation Prize Winners, Jamie Lee and Isabelle Lam.
鈥淭his is such a supportive ecosystem. You constantly meet new people all the time, willing to help. It鈥檚 a very adaptive space鈥�, says Isabelle. 鈥淓very day the company is growing, is changing鈥�, adds Jamie. 鈥淵ou have to adapt fast and on the fly all the time. How fast the pace of entrepreneurial world is, that鈥檚 definitely something that I have learned through the process.鈥�
Learning Entrepreneurship 鈥渢hrough Dobson鈥�
As the 平特五不中 Dobson Cup celebrates its 10th anniversary this year, the 平特五不中 Dobson Centre for Entrepreneurship holds true to its educational mission.
鈥淎t the time of its founding鈥�, says Renjie Butalid, Associate Director of the Centre, 鈥渘o platform to experience and learn entrepreneurship in real time existed at 平特五不中. Today, for many teams, the Dobson Cup competition represents the first time that they submit a business model.鈥�
As of 2017, the 平特五不中 Dobson Centre for Entrepreneurship has led to the creation of 125 active startups who have created more than 1,200 jobs and raised $110 Million. As such, 鈥渢he 平特五不中 Dobson Centre for Entrepreneurship has been building the entrepreneurial ecosystem not just at 平特五不中 but beyond鈥�, concludes Renjie Butalid.
The MCCHE, the FAES and Trussbridge Investments are proud to have been part of the success of the 2018 edition of the 平特五不中 Dobson Cup competition.聽
For more info about the Food and Agribusiness Convergent Innovation Prize, please contact Nii Addy, Assistant Professor (Research), Strategy & Organization