Who is organising this contest? The Finnish Forest Industries Federation – Metsäteollisuus ry together with Forest Products Engineers – Puunjalostusinsinöörit ry.
Why is the contest being organised? The forest industry is Finland’s biggest export industry. Over the years, the sector has reinvented itself over and over again: in addition to manufacturing pulp, paper, paperboard, and wood products, the industry is continually developing new products.
Already 100 years ago, the forest industry was the pillar of the Finnish economy. Today, just like 100 years ago, the objective is to meet consumers’ changing needs with different kinds of products. Many forest industry products are international success stories affecting people’s lives globally. Forest industry products have a huge potential in answering the global megatrends in a sustainable way.
The innovation contest is part of 100th anniversary celebrations in 2018. To celebrate the milestone The Finnish Forest Industries Federation wants to provide a platform and a stepping stone to the students as the future masters of the forest.
What we look for in competition entries? The jury will be paying attention to, for example, the following things:
- Creative new approach for forest industry
- Business and/or market potential
- Possible societal impact
- Answer to forest industry megatrends
- Distinctiveness and clarity of the innovation and business idea
- Timeliness of the innovation
Who can take part? The competition is open to students attending Finnish universities and polytechnics. Also exchange students as well as postgraduates are welcomed.
What happens to the intellectual property rights of the ideas and innovations? All intellectual property produced at the competition is owned solely by the participants or participating teams. Further plans may be discussed between the partners and the teams after the event.
What happens in connection with the contest? In spring 2018, we will organise events related to the Innovation Contest together with the Forest Products Engineers. Forest industry companies and students will meet on January 31st, 2018 in Oulu at a seminar (FBI-day) about work life, at a company fair, and evening event. The semi-finalists will be invited to pitch their work at the PulPaper expo at the Helsinki Fair Centre on May 31st 2018.
The top 3 finalists will be awarded at the Finnish Forest Industries Federation 100th anniversary gala at Finlandia Hall in Helsinki.
What is the prize? Experience, coaching, fame and fortune with 10,000 € as the main prize. Read more
Where can I get more information about the contest?