Innovation Olympics 2.0 sets Nov 17 registration deadline for university students

Organizers of Innovation Olympics 2.0 have announced that university students joining the "agri hackathon" to develop innovative solutions for the farming sector have until Nov. 17, 2020 to submit their applications for registration.

Themed "Precision Agriculture for Small-Scale Vegetable Farming," Innovation Olympics 2.0 is a way for university students to share, create and pilot new technology solutions for urban and rural smallholder vegetable farmers.

Director Glenn Baticados of the University of the Philippines Los Baños Technology Transfer and Business Development Office (UPLB-TTBDO) explained that precision agriculture aims to increase the profitability of farmers while sustaining the environment through employing more efficient and new technologies in crop production.

The Olympics is made possible by the partnership of East-West Seed with the Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), Sensient Colors LLC,UPLB-TTBDO, UPLB Startup Innovation and Business Opportunity Linkaging Labs and APEX: The UPLB Business Network.

SEARCA Director Glenn Gregorio stressed that while the new normal challenged the agricultural sector, it also paved a way for more innovations to be developed and employed to help food producers and address the needs of consumers in this unprecedented time.

"During this time, the agricultural sector is the most affected and at the same time the most appreciated. Extraordinary times call for extraordinary measures that's why we have Innovation Olympics 2.0," Gregorio said.

Undergraduate and graduate students, who can form a team of at least three members per team, from any university in the Philippines may join the competition.

The participating teams will receive online training and demonstrations as well as seed money for each stage, including actual implementation of the projects in farming communities.

From a total of 30 participating teams that will receive P10,000 ideation money each, two finalists from each region will then be selected to implement their projects with P100,000 seed money each.

The competition will culminate on the National Demo Day in June 2021, in which six finalists will vie for the grand prize of P200,000. A panel of experts will evaluate the implementation and impact of their innovative solutions.

The organizers have also dropped the two-minute elevator pitch from the list of application requirements to make the registration easier for those interested in participating.

Applications may be submitted at https://tinyurl.com/IO2Application.