BIG IDEA FOOD COMPETITION NOW OPEN TO 6 ASIA COUNTRIES

KUALA LUMPUR, June 10 (Bernama) -- Big Idea Ventures (BIV), the global leader in early-stage investments in the alternative protein sector, announced that the Big Idea Food Competition (BIFC) is now open to six countries throughout Asia, in partnership with Informa Markets.

BIFC, an initiative focused on building new entrepreneurial ecosystems, identifying world-class talent and investing in the future of food entrepreneurs across Asia, will bring together corporates, food leaders, experts and investors working in the alternative protein sector across the region.

“We are incredibly excited to be pioneering the first competition dedicated to plant-based innovation in Asia,” said Andrew D. Ive, Founder and Managing General Partner of Big Idea Ventures, in a statement.

“With the Big Idea Ventures Food Competition we will not only discover great new alternative protein talents and companies but we will also bring more awareness than ever to the space.”

All entrepreneurs and startups creating plant-based products in the participating countries are invited to register for the challenge.

The top five companies in each country will be pitching their product ideas to an esteemed panel of local judges made up of industry professionals and experts in the field.

The winner of each country will then travel to Singapore in early 2023 to compete for the Grand Prize of a US$200,000 investment package and automatic inclusion into Big Idea Venture’s Cohort #8 accelerator programme based in Singapore. (US$1 = RM4.397)

The six countries where the competition is being held are Singapore at Food & Hotel Asia on Sept 5; Japan as a virtual event on Oct 5; South Korea as a virtual event on Oct 19; Thailand as a virtual event on Nov 2; China at Shanghai Hi & Fi Expo on Nov 9; and, Indonesia as a virtual event on Nov 23.

In April 2023, the Event Finals will be held in Singapore as physical event.

All virtual events will be supported by Saladplate, an Informa Markets’ company, which brings together the hospitality, food & beverage industry's best suppliers and buyers to engage, experience and build business connections.

-- BERNAMA