AS Holding organizes the second youth innovator competition ‘VISPAK INNOVATION’

SARAJEVO, (Patria) - After the successfully organized Vispak Innovation Challenge in October 2018, Vispak is once again organizing a competition for young people and students, and continues to work with those who are ready for real business challenges.

The Vispak Innovation Challenge is a competition intended for young innovators aged 18 to 25, and it offers students and young people the opportunity to present themselves through an innovative approach to real business cases, gain new practical knowledge, business contacts, develop presentation skills, and win cash prizes.

“The goal of the competition is also to develop students’ business skills on concrete challenges of one of the leading domestic companies through a great opportunity for teamwork, creation and presentation of their own innovations, and establishing business contacts with managers, technologists, and business people from other industries,” stated Vispak’s director Nina Bijedić Mujanović.

To participate in this year’s Vispak Innovation Challenge, it is necessary to form a team of three people and choose one of the two business cases: “Instant Drinks – Keep Up with the New Generation,” where it is necessary to find a point of differentiation in the market for Vispak’s instant drink category, or “Cream Positioning Strategy in the Market,” where it is necessary to devise an innovative strategy for repositioning cream in the market.

After selecting the case, a concept for innovative action challenges is created, and a short video presenting the idea must be recorded and posted on YouTube.

Applications and submission of solutions are possible until March 18, 2020.

The Vispak Innovation Challenge competition finale will be held on March 27 and 28, 2020, at the Vispak company, where 8 groups that reach the competition finale will present their innovative ideas.

Vispak company rewards the three best solutions to the business cases with cash prizes in the amount of: 1st place – 1,500 KM, 2nd place – 1,000 KM, and 3rd place – 500 KM.

In addition to cash prizes, students can win: student internships in one of the leading food companies in BiH, traineeships, and additional education and seminars.