3. Did we know this???
- *Uber*, the world's largest taxi company owns no vehicles.
- *Facebook*, the world's most popular media creates no content.
- *Alibaba*, the most valuable retailer has no inventory.
- *Airbnb*, the world's largest accommodation provider owns no
real estate
- *Apple*, with sales of over 200 million smart phones and tablets
does not own a factory.
- *Whatsapp*, with 3 Billion messages a day does not own
servers.
Disruptive, innovative and collaborative
consumption is shifting the lines of the economy.
Dare to innovate!
4. Why IPL?
• Objectives:
– To fuel and nurture the innovative & Creative
minds of students and provide them a platform to
showcase their ideas to the industry
– Offering platform to students and Industry to
interact.
– Helping food industry for ‘make in India program’.
5. Benefit for Student
• Showcase your talent and creativity and
innovative mind
• You get opportunity to meet industry experts
• Add value to your theoretical knowledge
• Lots of Prizes for winners
• Connect with commercial world.
6. Innovation - What is it?
• Innovation is the introduction of new ideas,
goods, services, and practices which are intended
to be useful
• The main driver for innovation is often the
courage and energy to better the world.
• An essential element for innovation is its
application in a commercially successful way.
–
7. Types of innovation
innovation is often divided into five types:
1. Product innovation
2. Process innovation
3. Marketing innovation
4. Organizational innovation
5. Business Model innovation
Give example of food industry
8. What is Creativity?
According to social psychologist Teresa
Amabile, there are three basic ingredients to
creativity:
• Domain skills – Food Technology
• Creative thinking skills - seeking novelty ,
being persistent, and having high standards.
• Intrinsic motivation - passion and pleasure,
not as a result of external demands, pressures,
or rewards.
10. Who can Participate
• Any student (UG/PG or PhD) pursuing food
science /food Technology /food nutrition
and/or food, related courses in India
• Any student having interest in food industry
11. What is the Process?
• You seed the idea as per the category : You can add as many idea as you.
• One team – Maximum two students
• Ideas will be scrutinized by technical experts
• Selected winners will be invited for presentation at Mumbai : Top 3 /
category
• Top three teams will be presenting the concept to Industry and expert
team
• Attractive prizes to winners
• Every participant will be given certificate
12. The Process
Idea Type
• Product
• Process
• Business
• Any other
Sectors
• Oils and Fats
• Dairy
• Fruits and Vegetable
• Nutraceuticals / Functional
foods
• Traditional foods
• Breakfast /Snacks
13. Details to be filled
• Name of student /Team /
• College name
• Address/Tele/email
• Idea type : Product /Process/Business/other
• Sector : The 6 sectors
• Idea :
• Basic details :
• How & why it will work :
14. Prizes
• First Prize – Rs 10,000 – Total 6
• Second Prize : Rs 7500 – Total 6
• Third Prize : Rs 5000 – Total 6
• Top two colleges giving maximum ideas will be
awarded separately
15. Time Line
• Last date of receipt of ideas : 15 Sept 2016
• Scrutinizing the ideas and selection of
top three ideas per category : 17th Oct 2016
• Presentation of selected teams & Awards : Nov
2016
• Result concept to Market : AFST AGBM Dec 2017
16. How to participate
• On line : https://form.jotform.me/61060618696460
• Through email : afstmumbai@gmail.com
• Through Hard copy /courier :
• Association of Food Scientists and Technologists (India). Mumbai
Chapter.
• C/o – Head, Food Engineering and Technology Department
Institute of Chemical Technology
Near Don Bosco School,
Opp Khalsa College,
Nathalal Parekh Marg,
Matunga, Mumbai,
Maharashtra 400019
• Log on to http://www.afstimumbai.org/aviskaar-2016/ for more details.