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Masdar faculty member wins 'elevator pitch' contest in Singapore.

Summary: ABU DHABI - A team led by a Masdar Institute of Science and Technology faculty member has won an 'elevator pitch' competition at the INSEAD/SMART Entrepreneurship Bootcamp in Singapore.

ABU DHABI - A team led by a Masdar Institute of Science and Technology faculty member has won an 'elevator pitch' competition at the INSEAD/SMART Entrepreneurship Bootcamp in Singapore.

Dr Raed Hashaikeh, Assistant Professor for Materials Science and Engineering at Masdar Institute, led his team of entrepreneurially-inclined researchers to victory over eight other teams of principal investigators, researchers, post-doctoral and 
graduate students at the programme.

Titled 'Entrepreneurship Bootcamp: From Laboratory to Marketplace', the programme was organised by the INSEAD Business School and Singapore--MIT Alliance for Research and Technology (SMART) Innovation Centre.

With a balance of lecture discussion and breakout sessions, the three-day intensive hands-on, action learning experience was focused on technology entrepreneurship. The objective was to teach the best practices developed by MIT and INSEAD to help the academia push technology from laboratory to the marketplace.

Dr Raed Hashaikeh was joined by two faculty members from Singapore institutions. The team's concept focused on a novel biodegradable material produced from processing cellulose that has been developed at Masdar Institute. The material when mixed with sand in right proportion provides three times higher water retention capability. Dr Hashaikeh's team won the competition for effectively selling the idea that the material could be used to improve water storage and availability in sandy soils and reduce irrigation costs in arid climates.

Dr Steven Griffiths, Executive Director, Office of Institute Initiatives, Masdar Institute, said: "The competition provided an opportunity for one of the innovative technologies developed through research at Masdar Institute to win recognition for its potential commercial impact. The payoff from research is realised when ideas generated in the lab are eventually commercialised. Dr Raed Hashaikeh's success in the competition is good example of this process in action."

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Publication:Khaleej Times (Dubai, United Arab Emirates)
Geographic Code:9SING
Date:Nov 16, 2011
Words:333
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