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Michelle Lee to keynote “Patents for Financial Services Summit,” 7/19

May 22, 2017 by Bruce Berman 0 Comments

The 14th Annual Patents for Financial Services Summit being held July 19-20 at the Sheraton Times Square Hotel will examine recent developments affecting banks and other financial institutions. 

The featured speaker for 2017 is Michelle K. Lee, Under Secretary of Commerce for Intellectual Property and Director, United States Patent and Trademark Office (USPTO).

Ms. Lee will address “The Current State of U.S. Patent Law.”

IP CloseUp readers can save $200. Use code IPCNYC. 

2017 program highlights include:

  • Consider the impact of recent and pending Supreme Court cases, including TC Heartland LLC v. Kraft Foods (venue and forum shopping), SCA Hygiene Products AB et al. v. First Quality Baby Products LLC (the availability of the doctrine of laches as a defense in patent litigation), and of Impression Products Inc. v. Lexmark International Inc. (patent exhaustion)
  • Evaluate best practices in oral argument before the PTAB and pinpoint the necessary information to communicate in an efficient and complete manner
  • Identify where changes have occurred in patentability and if additional clarity is available
  • Provide practical advice for weighing the costs and value of opinions of counsel, including when they should be obtained and from whom
  • Review the law of patent eligibility as it relates to FinTech in a number of jurisdictions outside of the U.S., including Canada, Australia, Japan, Singapore, and China
  • Earn CLE: This program was designed to satisfy approximately 13 hours of Continuing Legal Education credit requirements and is appropriate for both newly admitted and experienced attorneys

For a full list of speakers, go here; for the conference agenda, here.

To register as an individual or group, please go here.

Image source: worldcongress.com

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10th Intl Legal Alliance Summit in NY, June 15, will confer IP awards

May 5, 2017 by Bruce Berman 0 Comments

The International Legal Alliance Summit & Awards will celebrate its tenth anniversary in New York on June 15, 2017 with approximately 500 in-house counsel and law firms from around the world.

Attendees will discuss such hot topics in domestic, cross-border and M&A intellectual property issues as IP strategies, patent eligibility and IP portfolio management. They will also be present to see honors awarded to the best legal departments and law firms in their respective fields.

Organized by Paris-based Leaders League, the interactive one-day program provided participants with networking opportunities by way of one-to-one meetings, expert-lead roundtables, and seated lunch and dinner and cocktail receptions.

The General Counsel Awards recognized the best legal, tax and intellectual property in-house departments, while the Law Firm Awards Ceremony in the evening will celebrate the best performing independent law firms. For nine years, the International Legal Alliance Summit & Awards has supported the players of the legal industry in the search of expertise, networking and achievement.

Fifty legal department from large international companies will run for the victory during the networking lunch and 150 law firms from more than 25 countries during the gala dinner.

Corporate IP Counsel

Speakers include senior counsel and IP executives from IBM, Philips, Microsoft, Mondelez, Caterpillar, Samsung, Canon, L’Oreal, Total, Lufthansa, MetLife, UBS, Open Invention Network and The Clearing House associations of banks. For the full list of speakers, go here.

The International Legal Alliance Summit & Awards is pleased to present its 10th edition of the Expert Insights conferences. Over 70 outstanding international speakers debated on the latest issues the industry is facing and highlighted the new challenges to overcome with their experiences, knowledge and analysis

Traditional conferences, say the producers, leave to chance finding the best networking opportunities. By using the internet platform, attendees can schedule one-on-one meetings of their choice.

The Expert Insights Conferences are the opportunity to benefit from 60+ experts of the legal industry. The ILA Summit will feature 14 panel discussions

For the 2017 program, go here;

To register, go here.

Image source: www.ilasummit.com

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Fixing the patent system/ promoting jobs is focus of Capitol Hill event

April 20, 2017 by Bruce Berman 2 Comments

An increasing number of experts say the U.S. has lost its edge in the battle to secure and defend meaningful patents that stimulate competition.

It is with making U.S. patents important again that “Promoting Innovation, Investment and Job Growth by Fixing America’s Patent System” is being held on Monday May 8 at the United States Capitol Building, Washington, D.C.

The invitation-only event hosted by the U.S. Chapter of the International IP Commercialization Counsel (IIPCC), will feature an all-star list of presenters from business, government and law.

Speakers Include

Dr. Carl J. Schramm, University Professor, Syracuse University; Former President of the Ewing Marion Kauffman Foundation for Entrepreneurship; Board Member IIPCC; David Kappos, Partner, Cravath, Swaine & Moore LLP; Former Under-Secretary of Commerce and Director of the USPTO; Q. Todd Dickinson, Senior Partner, Polsinelli, PC; Former Under-Secretary of Commerce and Director of the USPTO; Judge Randall Rader, Former Chief Judge of the U.S. Court of Appeals for the Federal Circuit; Board Member IIPCC;  Judge Paul Michel, Former Chief Judge of the U.S. Court of Appeals for the Federal Circuit; Charles Henry Giancarlo, Former CTO and Chief Development Officer Cisco Systems and former Managing Director Silver Lake Partners; Phil Johnson, Former Senior VP, Intellectual Property Strategy & Policy, Johnson & Johnson; Marshall Phelps, Vice-Chairman, Center for IP Understanding; former VP IP for Microsoft, IBM, Bob Pavey, Partner Emeritus, Morgenthaler Ventures; former Chairman of the National Venture Capital Association;

Manny W. Schecter, Chief Patent Counsel, IBM Corporation; Laurie C. Self, VP and Counsel, Governmental Affairs, Qualcomm; Bill Elkington, Chair & President Elect, LES USA and Canada; Senior Director, IP Management, Rockwell Collins; Orin Herskowitz, SVP of IP & Tech Transfer, Columbia University; Executive Director of Columbia Technology Ventures; Teaches ‘IP for Entrepreneurs’ in Columbia’s Engineering School; Professor Adam Mossoff, Director, Center for Protection of Intellectual Property, George Mason; Professor Jeffrey A Lefstin, Associate Academic Dean and Professor of Law, UC Hastings; Robert B. Aronoff,  U.S. Executive Director, International IP Commercialization Council; Managing Partner, Pluritas; Damon Matteo, CEO, Fulcrum Strategy; Robert P. Taylor, President, RPT Legal Strategies; Venture Advisor, New Enterprise Associates, Bruce Berman, Chairman, Center for IP Understanding; Publisher, IP CloseUp; Principal, Brody Berman Associates; Elvir Causevic, Managing Director, Houlihan Lokey Tech+IP Advisory, Art Monk, VP IP Transactions, TechInsights; Rob Sterne, Founding Director at Sterne, Kessler, Goldstein & Fox

Opening Panel

IP CloseUp publisher and editor, and Center for Intellectual Property Understanding Chairman, Bruce Berman, is moderating the opening panel at 2:00 pm: The business impact of IP uncertainty and negative attitudes. Panelists include:

  • Manny W. Schecter (IBM)
  • Phil Johnson (J&J)
  • Marshall Phelps (Center for IP Understanding)
  • Laurie Self (Qualcomm)
  • Bob Pavey (Morgenthaler Ventures)

“Our patent system may no longer be providing the protection and incentives necessary to entice investors and entrepreneurs to assume the enormous risks that inhere in the creation of many new technologies and new companies,” said Rob Aronoff, IIPCC U.S. Chapter Chair.

“In recent years patent reform initiative have resulted in significant unintended consequences, including a decline in the reliability of patents is contributing to a waning of entrepreneurial energy and a decline in the risk tolerance of American investors and entrepreneurs.

Profound Implications

“This shift has profound implications for the long-term U.S. economy, as China, Korea, Germany and other countries expand the role that patents play in their economies with ambitious plans to displace American dominance of technology in the years to come. This program will explore the direct and essential role that strong and enforceable ‘good patents’ play in allowing investors and entrepreneurs to justify the high levels of risk that drive innovation.”

Conference sponsors include Houlihan Lokey, TechInsights, Qualcomm and Pluritas.

Partners include IAM Magazine, the Licensing Executives Society, the Center for IP Understanding, USIJ Alliance for Startups & Inventors for Jobs and IP CloseUp.

For more information, go here.

Those interested in attending can request and invitation, availability permitting, by emailing rob.aronoff@iipcc.org.

Image source: iipcc.org; west-windsor-plainsboro.k12.nj.edu

 

 

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Three notable IP events coming up in NY, SF and Bangalore

March 13, 2017 by Bruce Berman 0 Comments

IP event season is upon us and at least three conferences are worth noting. 

The first takes place this week in New York, March 21-22, the 9th annual Corporate IP Counsel Forum. The USPTO Keynote will be given by Mary Boney Denison, Commissioner for Trademarks and Mark Powell, Deputy Commissioner for International Patent Cooperation.

The featured session will be “Reconsidering Patent-Eligibility under Section 101.” Speaker faculty can be found here and the conference agenda here. I understand that there are only a few seats left.

IP CloseUp readers can save $200 by using registration code IPCNYC.

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The World IP Forum will take place this year April 26-28 at the Shangri-La Hotel in Bengaluru (Bangalore), India.  The theme for the conference is “Harnessing the Power of Intellectual Property.” The fourth edition of this three-day conference will focus on recent developments in intellectual property and its syncing with business objectives. Past participants have include Judge Randall Rader and former USPTO Commissioner Q. Todd Dickinson.

For more information about the World IP Forum, go here.

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On May 18 San Francisco’s Golden Gate Club (at the Presidio) will be the site for IAM’s IP Software Summit.  The Summit is the first event to provide a platform for professionals from the software industry to discuss open innovation, open source and proprietary systems, collaboration, the scope of patent protection, and monetization.

The list of speakers can be found here and the full agenda here.

Speakers include senior IP executives from Cisco, Qualcomm, Mozilla, SAP, Open Invention Network, Google, Uber, LinkedIn, Ericsson and IBM.

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Trade in counterfeit & pirated goods is $.5 trillion – 2.5% of all imports

February 7, 2017 by Bruce Berman 0 Comments

“Fakes,” or counterfeit products, are a growing menace that deplete resources, threaten jobs and endanger lives. 

A report compiled by the Organization for Economic Cooperation and Development (OECD) says that imports of counterfeit and pirated goods are worth nearly half a trillion dollars a year, or around 2.5% of global imports. That is about the entire GDP of Austria, or of Ireland and the Czech Republic combined.

The U.S., Italian and French brands have been the hardest hit, and “many of the proceeds going to organised crime.” The 2016 report was co-authored by the EU’s Intellectual Property Office. China also is in the top 12 (see graph below).

Five-percent are Fakes

“Trade in Counterfeit and Pirated Goods: Mapping the Economic Impact” puts the value of imported fake goods worldwide at $461 billion in 2013, compared with total imports in world trade of $17.9 trillion.

Up to 5% of goods imported into the European Union are fakes, the report stated. Most originate in middle-income or emerging countries, with China the top producer.

“Transit points include economies with very weak governance and having a strong presence of organized crime or even terrorist networks (e.g. Afghanistan or Syria).”

nationshit

“Given the fundamental economic importance of IP, counterfeiting and piracy must be directly targeted as a threat to sustainable IP-based business models,” concludes the OECD report.

China may be making great strides in domestic patent protection (see China is Poised to Overtake the U.S. as the Leading Patent System) with low injunction hurdles and high respect for foreign-held rights, but as of 2013, it was responsible for almost two-thirds of global counterfeits, based on the percent of seizures documented.

Missing: Content and Invention Theft

Ironically, the Trade in Counterfeit and Pirated Goods: Mapping the Economic Impact, does not mention content sharing or copying, copyright violations, as a global threat.

It also does not address the economic impact of products being falsely sold as original that are infringing other businesses’ patents.

fakeoriginators

For those interested, the 2017 OECD Global Anti-Corruption and Integrity Forum will be held this year in Paris, March 30-31. For more information go here.

 

Image source: OECD report

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IP Dealmakers’ event Nov. 17-18 will focus on new opportunities; IP CloseUp readers can save $200

October 27, 2016 by Bruce Berman 0 Comments

IP Dealmakers Forum is one of the more anticipated IP events of the year, especially for those engaged in patent licensing, sales, and M&A transactions. It also of signficant interest to investors. 

This year‘s event will feature a new track, Dealmaker Deep Dives, a shorter, more targeted discussions with experts taking an in-depth perspective on a specific set of issues. Each session includes extended time at the end for Q&A so the audience can really take advantage of the speakers’ expertise.

IP CloseUp readers go here for a promo code that provides a $200 discount.

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Seizing Opportunities

“With the doom and gloom over patent licensing, the last couple of years we wanted to make sure the event was addressing the many new opportunities in the market,” said Forum director Wendy Chou, “In conversations with our board of advisers, past attendees and current IP holders, we were able to identify transaction areas that are being overlooked.”

Session titles include:

       – Seizing Opportunities to Invest in China’s Developing IP Market

       – Defining the IP Landscape in IoT: Strategy, Standards & Licensing

      – Trade Secrets — What IP Investors Need to Know

There also will be a panel on “efficient infringement,” a timely topic that grew out of attendee conversations during Q&A last year. The session is called:

Building a Better IP Market: Efficient Transactions vs. Efficient Infringement

  • A look at past attempts and business models
  • What does an efficient IP market look like?
  • Identifying challenges to progress

In terms of format, IP Dealmakers Forum (IPDF) has moved from all panel discussions to a mix of panels with patent holders, deal experts and investors taking an in-depth perspective. In 2016, as in past years, there is a strong lineup of speakers with a diverse mix of senior executives representing corporations, licensing companies, public and private market investors, law firms and other strategic advisors.

One-to-Ones

Face-to-face meetings continue to be a highly utilized aspect of the event, where attendees can schedule 30 minute sessions with one or more other attendees at any time during the event. A total of more than 425 meetings were scheduled over the past two IPDF, and the producers expect an even better response in 2016.

The IP Dealmakers Forum is organized by The IP Investment Institute, LLC and its partners Wendy Chou and Eric Salvarezza.

For the full IPDF agenda, go here.

To register, go here. There are still some remaining seats.

IP Marketplace

The IP Dealmakers Forum explores the challenges and opportunities in the changing IP marketplace. Lack of IP transaction data, information, and transparency pose serious challenges to market efficiency. However, they can create opportunities for investors who know how to leverage news, manage risks and connect with the right players.

IPDF attracts senior IP market participants from the finance, legal and business communities.

Image source: ipdealmakersforum.com

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Can small businesses afford weaker U.S. patents?

October 5, 2016 by Bruce Berman 0 Comments

Can businesses and entrepreneurs compete with weaker U.S. patents in an innovation-driven global economy?

An event featuring a broad range of IP thought-leaders on October 26 in Silicon Valley will attempt to find out.

“Entrepreneurship, Innovation and Patenting in the U.S. – Implications for the future of U.S. Competitiveness” is the topic of a presentation and networking session being held at H-P World Headquarters in Palo Alto on Wednesday October 26 at from 6:00 to 8:imgres30.

The event is open to the public and limited seating is available on a first come basis. There is a $40 charge to cover food and refreshments.

Speakers include Professor Carl J. Schramm, The Hon. Judge Randall Rader (Ret.) David J. Kappos, former USPTO Commissioner and former head of intellectual property at IBM, and Professor Adam Mossoff of George Mason University School of Law where he co-founded the Center for the Protection of Intellectual Property. Robert Aronoff is the organizer. The International IP Commercialization Center is the sponsor.

For the full list of speakers go here. To register go here.

Image source:iipcc.org

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Post-election “Patent Law & Policy” conference to be held in Washington

September 16, 2016 by Bruce Berman 0 Comments

Many businesses are wondering what the patent terrain will look like after the U.S. elections in November.

Will further reforms will be forthcoming, or will there be a move toward stronger patents and greater certainty?

On November 15, the Tuesday following election day, at Washington DC’s Reagan Conference Center, those attending the 2016 Patent Law and Policy will be in a better position to find out.

Capitol Building in Washington DC USASpeakers assembled for this year’s IAM Patent Law and Policy conference will include senior government officials, members of the judiciary, corporate patent leaders, private practitioners and investors, who will discuss how court decisions and legislation are affecting US patent values and strategies.

The keynote speaker is US Patent and Trademark Office Director Michelle Lee. Other speakers include the chief judge of the Patent Trial and Appeal Board, David Ruschke, ex-USPTO Director David Kappos, and former Federal Circuit Chief Judge Paul Michel.

Also participating as speakers or panelists will be senior representatives from companies closely involved in the ongoing patent reform debate, including: Google, Qualcomm, Johnson & Johnson, Bristol-Myers Squibb and IBM. Lead counsel in two of the pivotal Supreme Court patent cases of the last decade, KSR v Teleflex and Cuozzo v Lee. Also present will be as several high-profile patent investors.

IP CloseUp readers are able to receive $100 off the $895 fee if they use the discount code PLAP100 (offer valid until October 7 2016).

For the complete program and speakers, go here. For registration go here.

Image source: ipo.org; ipwatchdog.com

 

 

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Four timely events kick-off September IP conference season

August 3, 2016 by Bruce Berman 0 Comments

September is back-to-school for kids. For IP rights followers it is back to keeping up with the myriad changes in law and value.

At least Four conferences – in New York, Silicon Valley and Tokyo – are worthy of serious consideration. Two of them are offer IP CloseUp readers a discount on registration.

imgresOn September 8 IPBC Japan will be held in Tokyo. IP Business Congress conferences are held globally every year and regionally, throughout the U.S., Europe and Asia.

Building on the success of regional one-day events held in Korea, Taiwan and China, IAM returns to Japan with a one-day event focusing on . “Corporate IP Best Practice.” This dedicated jurisdictional event will take place at the Hotel Okura. All sessions will be bilingual, with simultaneous Japanese-English translations, and there will be significant opportunities to network.

IP CloseUp readers use promo code IPCU2016 to receive a discount.

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The 44th Intellectual Property Owners Association Annual Meeting will take place at the New York Hilton on September 11-13. Patent, trademark and copyright issues will be featured. For the full schedule, go here.imgres

Intellectual Property Owners Association (IPO), established in 1972, is a trade association for owners of patents, trademarks, copyrights and trade secrets.  IPO serves all intellectual property owners in all industries and all fields of technology.

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A third important IP event to take place in September is In-House Strategy: Digital Media and Technology IP. Mark September 21-22 on your calendar in Santa Clara, CA, the heart of Silicon Valley. The conference agenda can be found here.

This conference is designed for counsel at companies of all sizes involved in the software and technology space. Presenters and panelists will discuss updates in trade secret, patent, and copyright law, and to hear updates about best practices and real-world advice on efficient IP protection.

IP CloseUp readers please use promo code IPCUBB to take $100 off of your registration.

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The newly enacted Defend Trade Secrets Act has been described as the most significant expansion of federal trade secret law since the Lanham Act was enacted in 1946.press-mip

On September 27 at the Crowne Plaza Palo Alto, Managing Intellectual Property is holding “MIP Trade Secrets Forum.”

A $300 discount off the full delegate is available to IP CloseUp readers to attend. In-house counsel, corporate professionals, and academics attend free of charge. For the program, go here. To register, go here.

 

Image source: company websites

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Financial patent summit to focus on IP and cybersecurity, July 20-21

May 23, 2016 by Bruce Berman 0 Comments

Fintech, or financial technology, is a rapidly growing industry with more than $15 billion of venture capital invested to date and even more on the part of financial institutions.

An array of banks, e-commerce businesses, product developers, and software companies are vying for a leadership role in financial transactions and cybersecurity.

Those interested in IP rights in the context of authentication and transactions should consider attending the 13th annual Patents for Financial Services Summit in New York at the Sheraton Times Square, July 20-21. Many of financial services’ leading patent holders and advisers will be present.

Major Players Attending

IP executives and counsel from top banks and services providers are participating this year, including those at Visa, Time Warner, Royal Bank of Canada, Barclays, TD Bank, Morgan Stanley, JP Morgan Chase, Google, Microsoft, AST, LoT and Red Hat.

Top patenting organizations: exchanges and stocks

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Patent and IP counsel from the financial services industry and patent attorneys from leading law firms will participate in this year’s Summit, says conference producer World Congress, “to discuss recent rulings and strategies to protect patents against NPEs, successfully file patent applications post-Alice, and foster innovation.’

IP CloseUp readers who use the conference code IPCNYC can save $100 off of registration.

New for 2016:

  • Updates on the Alice decision and understand its impact on patent applications
  • Discussion about prosecuting business method patents
  • Analyze recent patent cases including, Halo Electronics, Inc. v. Pulse Electronics; Stryker Corporation v. Karl Stroz Endoscopy-America, Inc.; Media Rights Technologies, Inc. v. Capitol One Financial Corporation, et al., and more
  • Hear in-house counsel views discuss pending legislation, including The Innovation Act, The Patent Act, and The Strong Patents Act
  • Evaluate their impact on PTAB and post-grant proceedings
  • Protect patents from NPEs and understand approaches to successfully defend against trolls
  • Improve patent quality and drive innovation within your organization
  • Explore the interplay between patents and cybersecurity

extThe Summit was approved in 2015 by the New York State Continuing Legal Education Board for 12.5 CLE credit hours in the areas of Professional Practice. In 2016, World Congress are programming for and anticipate approval for 13 CLE credit hours.

The full conference agenda can be found here.

For a list of speakers, go here. This year’s location is the Sheraton Times Square on Seventh Avenue.

To register, click here.

Image source: worldcongress.com; thomsonreuters.com

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“Building an Innovation Economy” is focus of latest Hoover IP² event

May 17, 2016 by Bruce Berman 0 Comments

IP², an initiative of the Hoover Institution at Stanford University, last week hosted a more than 60 IP scholars, economists and practitioners to hear and challenge research about “Building and Innovation Economy – The Mechanics of the Patent System.” 

Hoover IP2 is a working group on intellectual property, innovation and prosperity. Its goals are to build a network of scholars from a variety of academic disciplines, to undertake research based on evidence and reason, and to disseminate the research results. Conferences, such as this, that include economists, legal experts, political scientists, and practitioners and that present original research, help achieve these goals.

Lively Discourse

Presenters, discussants and moderators participated in the sessions, to which I was invited to attend, in a room with two tiers of circular seating. The setting encourages discourse, as well as abundant audience questions in the true spirit of peer-review.

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Presenting participants included:  Jay P. Kesan (University of Illinois College of Law), F. Scott Kieff (ITC Commissioner, formerly of George Washington University School of Law and a former Senior Hoover Fellow), Colleen Chien (Santa Clara University College of Law) and Bo Heiden (the Center for IP Studies in Gothenburg, Sweden), James Pooley (former World IP Organization head), Damon Mateo (formerly IP executive with H-P and PARC), and IP2 Steering Committee Chair, Stephen Haber (Stanford School of Humanities and Sciences and a Hoover Fellow).

For the agenda and presenters, go here.

Audience participants included Irv Rappaport (formerly Chief Patent Counsel at Apple and National Semiconductor, and an expert witness), Ron Laurie (a director of WiLAN and former partner in the Palo Alto office of Paul Weiss), Suzanne Harrison (The Gathering 2.0) and Dr. Ron Katznelson (an inventor, patent analyst and scholar).

Sharing Ideas

Lively discussion and cordial debate ensued. Opinions were divided on some topics, such as patent assertion entities (PAEs) and the value of standards essential patents (SEPs). However, all of those present had an opportunity to have their perspective heard and responded to.

Hoover IP²’s goals are to:

  • ip2-logo130Build a dense network of scholars, from a variety of academic disciplines, who are engaged in research on the US patent system
  • Analyze the implications that may be drawn from those research results
  • Publish the resulting scholarship in peer-reviewed venues
  • Disseminate that scholarship to the larger public

More the this lively interaction is needed, and Pfizer and Qualcomm are to be commended for their lead support. For more information about Hoover IP² or past programs, go here.

Image source: hooverip2.org

 

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Brody/Berman-mentored Fruti-Cycle wins LES business competition

May 2, 2016 by Bruce Berman 2 Comments

Fruiti-Cycle Project, an Ungandan start-up that has developed an affordable bio-gas powered, refrigerated tricycle that speeds to market delivery of fruits and vegetables, has won the Global Prize at the 2016 LES business plan competition. 

The business plan and presentations were mentored by Bruce Berman of Brody Berman Associates in the U.S., who helped to develop the IP strategy, which incorporates patents, trademarks and trade secrets. There also is the potential for franchise licensing.

The Fruti-Cycle is a biogas powered tricycle, with a 300kg carrying capacity refrigerated courier for conveniently and safely transporting fresh fruits and vegetable to the market. It is targeted at the 70% of small-scale farmers in developing world. The Fruti-Cycle Project team is led by Nelson Mandela of Makerere University, in Kampala, Uganda.

8680c43c-0c59-11e6-b472-0670855d2669Fruti-Cycle costs half the price of competitor Bajaj’s tricycle and easier to run. According to its designers it will earn revenue through direct sales ($800) +licensing fee ($8/month). With $50,000 initial cost, it provides a 15.6% return on investment in the second year.

With subsidies from the government, partnerships with local farmers’ organizations and international organizations, Fruiti-Cycle will obtain a sustainable competitive advantage to create cheaper better model to supply the local market and scale to international market within five years.

More about the Fruti-Cycle Project, team and business plan, can be found here.

For additional information, go here.

Competition sponsors included Article One Partners, Relecura, Traklight and Knobbe Martens law firm. The Global Prize includes a cash award.

Image source: tffchallenge.com

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