Through the State’s e-portal (Egyptian Innovation Bank)

  • Sakr: “Based on pre-set criteria, ASRT shall patron the 3 winning innovations and transform them into consumer products within the reach of common citizens.
  • Badran: “SFC awards top 3 researches with prize money, funding & mentoring, introducing cost-efficient non-hydrogenated commodities for a healthier lifestyle.

President of the Academy of Scientific Research and Technology (ASRT), Prof. Mahmoud M. Sakr, together with Savola Foods Company (SFC) unveiled the 3 winning researches in “Economic Manufacturing for Non-hydrogenated Ghee” Competition. Back in May 2021, and within the framework of a promising collaboration, ASRT & SFC’s contest was launched on the State’s e-portal (Egyptian Innovation Bank) to encourage citizens adopt healthier practices and thrive with their wellbeing.

The Egyptian Innovation Bank (EIB) received 16 proposals; 6 of which were competently qualified to finals, while the rest were excluded for redundancy and non-compliance.

During the closing ceremony of the “Economic Manufacturing for Non-hydrogenated Ghee” Competition, Prof. Dr. Adel Gabr Abdel-Razek – National Research Center - came at the first place. The second place went to Mohamed Khairy Morsy – Benha University. Eman Mamdouh – South Valley University - grasped the third place.

President of the Academy of Scientific Research and Technology (ASRT), Prof. Mahmoud M. Sakr, commented: “With unceasing endeavors to merge R&D with all aspects of life, ASRT together with SFC, were keen on proficiently evaluating submitted studies by the hands of experts in the field, based on pre-set criteria. With solid scientific foundation, unrivaled level of innovation, witnessed expertise and compelling feasibility, the jury sets its criteria to assess contributions; giving due respect to patent, application timeframe and marketing perspective. Once winners were announced, ASRT shall patron the 3 winning innovations and transform them into tangible consumer products within the reach of common citizens in the Egyptian market.”

Chief Strategy Officer at Savola Foods Company (SFC), Mohamed Badran, stated: “In May 2021, SFC inaugurated a joint scientific challenge with ASRT through the (Egyptian Innovation Bank) e-platform, to encourage contestants produce a cost-efficient non-hydrogenated ghee, optimizing R&D and food technology. Today, we are awarding the top 3 ingenious researches with monetary prizes, necessary funding and technical mentoring to introduce non-hydrogenated commodities to the Egyptian market with competitive prices while inspiring individuals to lead healthier lifestyle.”

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.