Five finalists have been named in the Entrepreneur Rewards program of the Asian Hemp Summit, Jan. 31-Feb. 1 in Kathmandu, Nepal.
The competition, which honors innovative inventions, startups and other entrepreneurial initiatives, drew more than 30 applicants from 11 countries around the world.
An overall winner will be named during the Summit, set for Kathmandu’s Park Village Resort. The winning entry will be presented during the two-day Summit program.
Finalists for this year’s edition are:
Cosmic Annunaki, Nepal, which has developed a method for turning hemp stalks into edible charcoal, a common application that’s been shown to flush toxins from the body and have digestive and heart health benefits. The company has a goal to empower local communities economically while at the same time preserving Nepal’s native hemp breeds.
Gohemp Agroventures, India, which aims to develop hempcrete solutions to contribute to India’s goal of providing houses to 11.2 million Indian families by 2022, the 75th anniversary of India’s independence. Gohemp has already been recognized as a Top 10 entrant in the government’s Global Housing Technology Challenge which recognizes viable technologies for adaptation to the Indian market.
Green Cube Solutions, Poland, a start-up that is developing a suite of artificial intelligence tools dedicated to crop monitoring, yield optimization and management of outdoor hemp fields. The integrated end-to-end platform supports soil preparation through harvest and up to product distribution.
Hemptech Asia Trading (HAT), which is working to develop a hemp fiber industry in North Borneo and the Malaysian state of Sarawak, with the potential to produce as much as 50,000 tons of raw hemp beginning May 2020. HAT also is establishing a women’s business corporation for the fashion and makeup industries, and is creating an app that will give farmers and other stakeholders news, prices and live feeds of hemp plantations.
Mycroft Gin, United Kingdom, aims to develop an enterprise around sustainable, eco-friendly alternatives to common household and personal use products: Hemp biodegradable & compostable wet wipes with natural disinfectant for household cleaning; hemp biodegradable & compostable sanitary pads and tampons; and hemp-based sunscreen.