As two innovative entities renowned for pushing the boundaries of creativity and experimentation, Vogue Singapore has partnered with the luxury manufacturer of automobiles and motorcycles BMW, a pioneer in next-generation innovations, to present this year's iteration of the Vogue Singapore Innovation Prize. BMW has established itself as a formidable force, with 30 production facilities throughout the world and a network spanning more than 140 nations. The company prides itself in being a leader in next-generation innovations and setting the standard for an uncompromisingly digital, electric and circular future.
As part of the Vogue Singapore Foundation, this initiative seeks to empower trailblazing fashion businesses across Southeast Asia, giving them a global platform to showcase their proposed solutions to real-world problems. Applicants are drawn from a wide range of interests and specialisations, including digital fashion, accessible design and eco-sustainability.
Following an intensive two-day boot camp and a four-week mentorship phase, three businesses were shortlisted to present their proposals to a VIP jury consisting of the vice president of brand experience and communication at BMW Group, Stefan Ponikva; vice president global industry partnerships and APAC commercial at Farfetch, Alexis Bonhomme; publisher of Vogue Singapore, Bettina von Schlippe; creative editorial director of Vogue, Mark Guiducci; and Condé Nast's vice president of new business innovation, Ciara Byrne.
Emerging on top was the research and development company, COZTERRA. Its victory was unveiled at the Next In Vogue gala event in November, and presenting the prize was managing director of BMW Group Asia, Lars Nielsen. COZTERRA received a $15,000 cash prize, along with media coverage across Vogue Singapore as well as important insights from world-class industry experts.
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