Announcing the NEW PRODUCT COMPETITION

Similar documents
NON-RESIDENT INDEPENDENT, PUBLIC, AND COMPANY ADJUSTER LICENSING CHECKLIST

High Risk Health Pools and Plans by State

Workers Compensation State Guidelines & Availability

Application Guidelines The 2 nd DBJ Women Entrepreneurs New Business Plan Competition

********************

Three-Year Moving Averages by States % Home Internet Access

In-state Tuition & Fees at Flagship Universities by State Rank School State In-state Tuition & Fees Penn State University Park Pennsylvania 1

New York StartUP! 2015 Business Plan Competition Orientation Session

Public School Teacher Experience Distribution. Public School Teacher Experience Distribution

NAIC Uniform Declaration Regarding Continuing Education Reciprocity Course Approval Guidelines

Medico s s Medicare Supplement Policies

Englishinusa.com Positions in MSN under different search terms.

Chex Systems, Inc. does not currently charge a fee to place, lift or remove a freeze; however, we reserve the right to apply the following fees:

F-1 STUDENT: 17- MONTH STEM EXTENSION OPTIONAL PRACTICAL TRAINING (OPT)

MAINE (Augusta) Maryland (Annapolis) MICHIGAN (Lansing) MINNESOTA (St. Paul) MISSISSIPPI (Jackson) MISSOURI (Jefferson City) MONTANA (Helena)

Net-Temps Job Distribution Network

2015 VOCATIONAL SCHOLARSHIP PROGRAM

Prompt Payment Laws by State & Sample Appeal Letter

STATE-SPECIFIC ANNUITY SUITABILITY REQUIREMENTS

TOTAL AWARD AMOUNT $119,067, State and Territory Base Awards for Policy and Environmental Change $44,602,383

State Specific Annuity Suitability Requirements updated 10/10/11

Real Progress in Food Code Adoption

ADDENDUM TO THE HEALTH INSURANCE MARKETPLACE SUMMARY ENROLLMENT REPORT FOR THE INITIAL ANNUAL OPEN ENROLLMENT PERIOD

Attachment A. Program approval is aligned to NCATE and is outcomes/performance based

ATTENTION: MINORITY LAW STUDENTS IN THE CLASSES OF 2015 AND 2016 YOU ARE CORDIALLY INVITED TO PARTICIPATE IN

Social Media: Understanding User Patterns and Compliance Issues. June Electronic copy available at:

Impacts of Sequestration on the States

State Tax Information

State Tax Information

2016 CISCO SCHOLARSHIP AWARD PROGRAM FOR HIGH SCHOOL SENIORS

Supplier Business Continuity Survey - Update Page 1

STATE AND LOCAL GOVERNMENT TAX AND REVENUE RANKINGS. By Jacek Cianciara

STATISTICAL BRIEF #273

CCH esign. ProSystem fx Tax

ADMISSION ON MOTION/RECIPROCITY

Licensure Resources by State

COLLEGIATE ECHO MARKETING CHALLENGE OFFICIAL RULES Challenge by: Facebook Sponsored by: Marketing EDGE

Real Progress in Food Code Adoption

REPORT SPECIAL. States Act to Help People Laid Off from Small Firms: More Needs to Be Done. Highlights as of April 14, 2009

Cornell Hospitality Business Plan Competition Official Rules and Guidelines

Tuition and Fees. & Room and Board. Costs

Data show key role for community colleges in 4-year

American C.E. Requirements

BUSINESS DEVELOPMENT OUTCOMES

STATE GRANT AND SCHOLARSHIP OPPORTUNITIES

A-79. Appendix A Overview and Detailed Tables

RESIDENCY AND MINNESOTA INDIVIDUAL INCOME TAX

A GUIDE TO VOTING LEAVE LAWS BY STATE

Agency Name. Agency TIN

Georgia College & State University Department of Chemistry, Physics and Astronomy Example of a thriving Physics Program Ken McGill

Graduate School Rankings By U.S. News & World Report: MEDICAL SCHOOLS - PRIMARY CARE

LPSC Renewable Energy Pilot y RFPs issued by Utility Companies by Order of Commission, November 2010

Guidelines, Criteria and FAQs

Physical Presence Triggers N/A

SP Premier 10. SP Gold

Overview of School Choice Policies

Medicaid & CHIP: December 2015 Monthly Applications, Eligibility Determinations and Enrollment Report February 29, 2016

Subject: Military Personnel Strengths in the Army National Guard

State Government Indigent Defense Expenditures, FY Updated

NOTICE OF PROTECTION PROVIDED BY [STATE] LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

STATISTICAL BRIEF #435

Graduate School Rankings By U.S. News & World Report: CIVIL ENGINEERING

Wendy Weber President.

IRS Request for Assistance re New EIN and True Owner. Question by: Sarah Steinbeck on behalf of Leslie Reynolds. Date: 5 August 2010

U.S. News & World Report 2015 Best Colleges Rankings Summary Report

Consent to Appointment as Registered Agent

2016 Corporate Communications - Purpose, Process and Winners

2014 Tax Changes. This document currently reflects only tax changes of which ADP was notified by tax agencies as of January 2, 2014.

Thank you for your interest in establishing and account with Startee Apparel, Inc. To process your application, we require:

WEBChallenge Theme Adopt a Nonprofit. Program Guide

Graduate School Rankings By U.S. News & World Report: ENGINEERING SCHOOLS

Venture Capital Tax Credits By State

NAIC ANNUITY TRAINING Regulations By State

Welcome to the Skandalaris Center Cup!

SHEEO State Authorization Survey:

STATE MOTORCYCLE LEMON LAW SUMMARIES

LLC Member/Manager Disclosure Question by: Cathy Beaudoin. Jurisdiction. Date: 01 March LLC Member/Manager Disclosure 2011 March 01

State General Sales Tax Rates 2015 As of January 1, 2015

International Registration Plan (IRP) Application (Rev 3/16/2015)

2015 National Utilization and Compensation Survey Report. Section 3 Billing Rates. Based on Data Collected: 4 th Quarter 2014

Transcription:

Announcing the NEW PRODUCT COMPETITION

DuPont Nutrition & Health Our Value Propositions Nutrition Solutions Improved Health Food Protection Taste, Texture and Appearance Minimize Fats, Salt and Sugar Add Fiber, Protein Weight Management, Digestive, Immune, Bone, Heart and Oral Health Rapid Safety Diagnostics Food Safety Shelf Life Extension/Food Waste Reduction Sustainability & Affordability

Vision for the Knowledge Award To support innovation within the food science programs at leading academic institutions. To develop stronger links between universities and DuPont. To encourage innovative approaches to meeting today s food science challenges.

Program objective The aim of the Knowledge Award program is to encourage the development of innovative new food and beverage products using two or more DuPont ingredients. Antimicrobials Antioxidants Betaine Natural Colors Cultures Emulsifiers Enzymes Functional Fibers & Extracts Hydrocolloids Probiotics Specialty Proteins Sweeteners Tailored Blends

What s in it for me? Both universities and students benefit from participating in the Knowledge Award. Academic Institutions Students Develop closer relationships within the food industry. Free publicity for the University. Gain the opportunity to test their ideas in a realistic commercial environment. Obtain the chance to have their product concepts commercialized. Improve their job opportunities through exposure to food industry companies.

Rules for participation Participant profile Entrants must be a junior, senior or graduate student during the 2013-2014 academic year at a U.S., four-year accredited college with a declared major in food science or related major. Individual or team entries are accepted. A faculty sponsor/advisor must verify the eligibility of the entrants and the originality of the concept.

Participating universities 37 entries in 2013, representing 22 schools Clemson University* Iowa State University North Carolina State University Ohio State University Oklahoma State University Rutgers University San Jose State University* Southwest Minnesota University* University of Arkansas* University of California Davis University of Georgia* University of Illinois, Urbana University of Maryland University of Massachusetts Amherst University of Missouri University of Nebraska University of Tennessee* University of Wisconsin-Stout Virginia Tech Washington State University/ University of Idaho* * More than one entry submitted.

How to participate 1. Complete entry form, including faculty sponsor signature, and mail or email to the address below. Must be postmarked/emailed by February 13, 2014. 2. Develop a new food or beverage using two or more DuPont ingredients*. Mail 18 samples, including assembly and preparation instructions, for arrival by Thursday, April 24, 2014, to the address below. Perishable products must be packaged appropriately to last until Saturday, May 4, 2014. 3. Submit Final Report by April 22, 2014. See criteria in the following pages. Mail entry forms or send via email to: Mail samples to: Rebecca Bingman DuPont Marketing Department Four New Century Parkway New Century, KS 66031 rebecca.bingman@dupont.com Cathy Miller DuPont Innovation Department Four New Century Parkway New Century, KS 66031 * Participants may request samples of DuPont ingredients via the Knowledge Award website or by contacting Rebecca Bingman at 1-800-255-6837 ext. 3436 or at rebecca.bingman@dupont.com.

Report criteria Each submission must include: Title Page A concept name or title for your product. Participants A separate page listing all participants, home addresses, telephone numbers and university/school affiliation. This should be the ONLY place where the team members and universities are mentioned. Executive Summary Summarize the highlights of your report. Emphasize uniqueness and marketability. THIS SUMMARY IS IMPORTANT as the Semi-Finalist judging forum is based only on this portion of your report and tasting the product. Include DuPont ingredients used and functionality, target market description and key nutrition facts. Limit one page. Include as a separate sheet (for Semi-Finalist judging) and with the Final Report. Concept Sheet The concept sheet available via the program website on the download page must be TYPED in full (include full ingredient and nutritional statements) and submitted with your final report. This sheet provides the pre and final judges with a brief snapshot of your entire concept.

Report criteria Each submission must include: Prototype Please include photos of your product, preferably in digital format (800x1200 pixels). References List references as endnotes on a separate page at the end of the report. Verification Letters must be included (see entry form or www.danisco.com/knowledge) Specifications Font: Arial 12 pt. Line spacing: 1.5 Final report not to exceed 15 pages, excluding references, participant listing and verification letters. Report Submission (e-mailed copies only) Electronic versions (Microsoft Word compatible) of your report are preferred via email copy to rebecca.bingman@dupont.com by April 22, 2014. If you are unable to email your report, please contact Rebecca Bingman for processing procedures.

Judging criteria* The final written report must include: Executive summary Product description Formulation and development criteria DuPont ingredient functionality Market demand Market environment (competition, patentability, regulatory, economy) Ingredient listing Sensory or focus group data Nutrition profile Shelf life Price/cost Regulatory compliance Concept sheet Verification letters References University names must be excluded from all sections of the report in order to eliminate any unintentional biases by our judges as a factor. * See Appendix for a more detailed description of these criteria.

Judging criteria for semi-finalists Pre-selection: Concepts submitted are initially screened for the most innovative use of DuPont ingredients based on the Executive Summary, Concept Sheet and tasting the product. The judging panel of 5-7 DuPont product development experts ranks entries using the same product criteria as the final judges. Twelve semi-finalists are selected for the final judging. Judging is based on a 100-point system: Product Criteria Originality of Concept 20 Flavor/Aroma 20 Technical Feasibility 15 Appearance/Visual Presentation 15 (Not related to packaging) Texture/Mouthfeel 10 Physical Stability 10 (oxidative stability, cohesiveness, no unintended separation) Quality of Executive Summary 10 and Concept Sheet Sub-Total Points 100 Semi-Finalists are determined by total points earned for innovative use of DuPont ingredients.

Judging criteria for finalists 12 semi-finalists assessed on a 200-point scale: Written Report Criteria Completion and Quality of Report 20 Market Potential/Demand 20 Commercial Feasibility 20 Shelf Life/Stability Data 15 Nutrition Profile 15 Regulatory Compliance 10 Sub-Total Points 100 Product Criteria Originality of Concept* 25 Flavor/Aroma 20 Technical Feasibility 15 Texture/Mouthfeel 10 Physical Stability 10 (oxidative stability, cohesiveness, no unintended separation) Appearance/Visual Presentation 20 (Not related to packaging) Sub-Total Points 100 Total Points Possible 200 Winners are determined by total points earned for the most innovative use of DuPont ingredients. * Originality requires that all concepts submitted have been kept confidential and not disclosed, discussed or disseminated publicly.

Judging criteria: Final selection In the Final Evaluation: Judges remain anonymous. A 5-10 member judging panel is selected from the food industry with no more than two DuPont personnel on the panel. Judges have a diversified background with a major emphasis on new product development. All evaluations remain confidential.

The Knowledge Award story Take an inside look at the competition:

Property rights Entry into the challenge constitutes agreement by the contestants to the following: 1. Use of product concept and report for demonstration to DuPont customers and marketing purposes. 2. Use of contestants names. 3. Contestant may be requested for press interviews. All product concepts become the property of DuPont and must be kept confidential by participants. However, if DuPont chooses not to exploit the concept, non-exclusive rights to the concept will be transferred back to the entrant upon written request within 60 days following the end of the Contest.

Awards $17,000 in cash awards per competition.* First place: $10,000 Second place: $5,000 Third place: $2,000 Winners will be notified by June 27, 2014. Taxes on awards are the sole responsibility of the winner(s). * Only one cash award will be granted per concept, therefore, team entries must designate a Team Leader to receive the award.

Awards presentation To accept the award, the winner or Team Leader and one elected faculty advisor or chairperson will receive an all expenses-paid trip to the 2014 Prepared Foods New Products Conference. Travel details will be confirmed at a later date. Winners will also be posted on our website: www.danisco.com/knowledge Communication and Marketing Winning entries will be used to help promote the Knowledge Award program. Winning participants must be prepared to participate in these promotional efforts.

Available information resources Communication kit/presentation folder DuPont product brochures FDA website: www.fda.gov for regulatory guidance DuPont websites: www.food.dupont.com, www.danisco.com and www.danisco.com/knowledge Partnerweb: Online Knowledge Center at www.danisco.com/partnerweb* Knowledge Award video on YouTube *To access Partnerweb, a Password and ID can be obtained by contacting Rebecca Bingman at rebecca.bingman@dupont.com. Access will be available until May 2014.

For more information Please contact DuPont if you have further questions: Rebecca Bingman, Marketing Communications, DuPont Nutrition & Health. Phone: 800-255-6837 ext. 3436 Fax: 913-764-9157 Email: rebecca.bingman@dupont.com Website: www.food.dupont or www.danisco.com The Knowledge Award is a collaboration between the Innovation, Global Marketing and Communications departments at DuPont Nutrition & Health.

Appendix KNOWLEDGE AWARD JUDGING CRITERIA

Judging criteria Originality of Concept: A major goal of the project is to inspire innovation; concepts proposed should be truly novel. Originality requires that all concepts submitted have been kept confidential and not disclosed, discussed or disseminated publicly. Flavor and Aroma: The flavor and aroma should be positive. Taste is considered one of the top reasons for purchasing a new product. Technical Feasibility: Do you think the process could be duplicated on a large scale? Are numerous manual steps required to produce your product? If so, the end product may be too expensive to produce for a mass market. Are there any concerns when you take your concept out of the lab and produce the product for the mass market? Texture/Mouthfeel: Your product should have pleasant organoleptic qualities. Physical Stability: Oxidative stability, cohesiveness, no unintended separation. Appearance/Visual Presentation: The product s appearance should be compelling or appealing, or at least should not be unappealing. Packaging concepts, however, will not be part of the judging criteria or have any impact on final results.

Judging criteria Market Demand: Is the market real? Does the product respond to an unmet need/want? Are consumers likely to purchase it at the intended price? How large is the market? The idea here is not to do an exhaustive market research project but to show that, based on referenced sources, the market is attractive for the stated reasons. Commercial Feasibility: Assuming the product is technically feasible, is there a market for it? Does it offer a unique advantage over competitive offerings? Are the raw materials accessible for mass market introduction? Will it be too challenging to distribute it widely to a mass market? Will it require special handling to retain its integrity in distribution? Nutrition Profile: Check similar products in the market to assist in determining serving size. Provide nutritional information as mandated by current label requirements. Shelf life/stability Data: Is the shelf life of your product comparable to other products on the market? Is its stability adequate for consumer acceptance (e.g., nutrition bars are typically stored at room temperature)? Would your product survive extreme conditions during distribution (e.g., Minnesota in winter, Dallas in summer, etc.)? Consider how you would define shelf life/stability for your product.

Judging criteria Regulatory: It is important to understand both the regulatory environment, in a general sense, and whether the ingredients used are considered safe and approved for use in the concept. Is the regulatory environment stable, or are changes underway that may affect ingredient selection or timing of the product launch? While understanding regulations requires years of experience, our intention is to encourage practical experience in checking regulatory compliance. Identify the four most key regulatory questions to be addressed, and document how you addressed them. Helpful links: FDA CFSAN (Food Ingredients and Packaging): http://www.fda.gov/food/foodingredientspackaging/default.htm EAFUS (Everything added to food in the U.S. list ): http://www.fda.gov/food/foodingredientspackaging/ucm115326.htm GRAS notices Database: http://www.accessdata.fda.gov/scripts/fcn/fcnnavigation.cfm?rpt=graslisting&displayall=true Code of Federal Regulations: http://ecfr.gpoaccess.gov/cgi/t/text/textidx?sid=4046c7444137450f8125b5023144c0ea&c=ecfr&tpl=%2findex.tpl