Food Trucks Wins 2012 Latin Moot Corp
March 16, 2012, Sao Paulo, Brazil— Food Trucks, from Argentina, won the Latin Moot Corp® Investment Competition, the new venture competition hosted annually at Fundação Getulio Vargas. Food Truck, S.A. describes itself as dedicated to bringing a new eating experience to the citizens of big cities, using a network of trucks parked near to areas with a high density of workers and events.
As winner of the competition, Food Trucks lands a berth in this year’s Venture Labs Investment Competition (formerly Global Moot Corp Competition) and receives a package from the Centre for Entrepreneurship of FGV, featuring the opportunity for strategic business consulting services and mentoring from a team of industry experts. The Venture Labs Investment Competition will be held in Austin, TX, May 2 – 5.
The 1st Runner Up was prize was awarded to Bio-Fiend, from Universidade Federal de Minas Gerais. Bio-Fiend’s product is Fragdust, a dust suppressor to prevent or reduce the action of wind in the storage and transportation of iron ore. It utilizes residual glycerine from the biodiesel production process to reduce the dispersion of iron dust in the atmosphere, which causes devastating effects to the environment and health related issues. The best written business plan was awarded to Air Executive Aviation, from Insper and the best presentation was awarded also to Food Trucks.
This year’s judges were a group of experienced VCs, entrepreneurs, executives and consultants, including Rafael Levy, (Allagi), Emerson Duran (Confrapar), Diego Remus (Startupi), Roberta Rossetto (CoWorkers), Thais Filipelli (DGF), Renato Fonseca de Andrade (Sebrae-SP), Carlos Gamboa (Rio Forte), José Eduardo Nalini (IBM), Monique Shohet (Embryon Capital), Patrick Schetchmann (Criatec) and Rodrigo Baer (Warehouse).