CIFT News

CIFT and Northwest Ohio Restaurant Association Announce Product Development Competition

Product Development Competition 1

CIFT's Dave Beck announcing the Product Development Competition

On February 29, 2008, the Center for Innovative Food Technology and the Northwest Ohio Restaurant Association announced the Product Development Competition. The announcement was made at Tony Packo's Restaurant located across from Fifth Third field.

The Product Development Competition is a competition where restaurant owners and entrepreneurs submit food product ideas to be judged for their market potential. Each idea will be judged on product viability, commercialization vision, success potential and the contestant's commitment to the product's success.

Mr. David Beck, Director of CIFT Programs, in announcing the competition, introduced a number of food product entrepreneurs that have been assisted by CIFT and the Northwest Ohio Cooperative Kitchen (NOCK) in successfully bringing their products to market. The entrepreneurs in attendance included Dennis Dickey of Willy's Inc., Randa Sweet of Sweet Louise LLC, Greg Shepherd of Stadium Salsa LLC, Jennifer Swan of Swannee Foods, LTD., and Li Yu of Three Brothers Foods Company LLC. Each of these entrepreneurs brought samples of their products for the audience to enjoy.

Product Development Competition 2

Tony Packo Jr. discusses what it takes to get a new product to market

Mr. Tony Packo Jr. hosted the event and talked about his experiences bringing Tony Packo's products to market. He discussed many aspects of food product development including product inception, introducing and refining each product at Tony Packo's restaurant, seeking co-packers and finding outlets to sell the product. He stressed the need to continuously market the product for success. Mr. Packo congratulated the entrepreneurs in the audience for their success and urged them to keep working hard to expand their products' market distribution.

Product Development Competition 5

Randa Sweet describing her experience working with CIFT to successfully bring her product to market

Ms. Randa Sweet of Sweet Louise LLC stated that working with CIFT and NOCK was the key to successfully bringing her sauces and ice cream toppings to market. She described how NOCK helped her through the steps required to successfully produce and market a product including production recipe development, nutritional analysis, label design and regulatory approval, shelf life determination, container procurement and market business planning.

Product Development Competition 3

Congresswoman Marcy Kaptur stressing the importance of locally-made products in the local economy

Congresswoman Marcy Kaptur attended the event and spoke of the importance of new Toledo-produced food products to Northwestern Ohio's economy. In particular, she pointed out, that given the Toledo area's diverse ethnic heritage and the ethnic foods that are a part of that heritage, the lack of good, quality ethnic food-inspired products in the broader food market is virtually an untapped market opportunity. An opportunity just waiting for area food entrepreneurs willing to find, develop and market new, innovative food products to the rest of the world.

Product Development Competition 4

The Northwest Ohio Restaurant Association's Gregory Rufty emphasizing the association's support for local food product entrepreneurial efforts

Mr. Gregory Rufty, Vice President of the Northwest Ohio Restaurant Association, closed the program by reminding the audience of the economic value the food industry to Northwest Ohio noting that the Toledo area ranks 2nd in the nation in restaurants per capita. He applauded the efforts of both local restaurants and food producers tapping into this market.

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