Five F&B entrepreneurs receive cash prizes at Gulfood Startup Programme
SOURCE: Hotel News ME
Five future-focused food and beverage (F&B) entrepreneurs have received cash prizes to continue breaking new ground in the sector after impressing judges in the Gulfood Startup Programme, an initiative, in collaboration with Dubai Chamber, designed to inspire new innovators to light the way for a smarter tomorrow.
The quintet was among a number of F&B trailblazers given centre stage at Gulfood 2020, the 25th edition of the region’s longest-running F&B trade show which runs at Dubai World Trade Centre (DWTC) until Thursday, 20 February.
Participating startups were given the platform to demonstrate how their breakthroughs can really make a difference while also being judged on eight key criteria.
After delivering presentations of ideas and concepts in which each participant was given eight minutes to shine, a fantastic five from five countries – Agri10X (India), Essence Foods (Spain), Munchbox (UAE), Red Sea Farms (KSA), and Winnow (UK) – were awarded a share of the AED 50,000 prize fund.
“Startups are playing an increasingly transformative role in so many industries, particularly right across the F&B supply chain. The Gulfood Startup Programme is designed to give entrepreneurs their own platform to demonstrate how their innovations can make a difference in shaping a smarter future for F&B. The level of innovation this year was truly inspiring,” says Mark Napier, group director, Gulfood. “The unwavering support of the UAE Ministry of Economy and the UAE National Programme for SMEs and Projects has been invaluable in shaping this initiative.”