Chivas Regal’s “The Venture”, an international contest for start-up companies around the world, announced the winners for the 2016 funding prize on Thursday, July 14. Host of The Daily Show and comedian Trevor Noah had the opportunity to present the winners at the event. The main goal of this annual competition is to help entrepreneurs bring their business ideas and innovations to the world. The winners of the competition were each chosen for their new, fresh and sustainable business ideas, and were offered money rewards from the dedicated fund of US$1,000,000.
All finalists of the competition were required to take part in an Accelerator Week program at the Saïd Business School in the University of Oxford. After the programme, five of the finalists were chosen to present their ideas to judges Eva Longoria, Pernod Ricard Chairman and Alexandre Ricard.
After reviewing all the proposals, the judges selected Conceptos Plásticos from Colombia, EyeControl from Israel, Wakami from Guatemala, Coolar from Germany, and WeFarm from all its global sectors, as the winners of the contest.
Each one of the five final winners were rewarded funding money, with the highest amount of US$300,000 being awarded to Conceptos Plásticos, a company that converts plastic and rubber waste into materials that can be used for the foundation of new buildings and houses. Conceptos Plásticos was also rewarded an additional US$53,148 for winning the title of the most popular social enterprise from the public vote.
We use cookies to enhance and personalize your experience, and to analyze traffic on our website. For more information, see our Cookie Policy. ACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.