Innovative AIEP students apply their entrepreneurial skills to help Chile’s Olive Oil producers

12/10/2010


Innovative AIEP students apply their entrepreneurial skills to help Chile’s Olive Oil producers

The production of olive oil in Chile has grown in recent years due to the commercial success of the product in the domestic and international markets. The expansion of the industry, however, has created some new challenges. For example, what will producers do with the tons of byproducts generated in the creation of olive oil, like the shells?

A group of innovative students from AIEP came up with a new process to use this residue in a constructive and creative way, turning to them into an environmentally friendly source of fuel. Through the process designed by these AIEP students, the residues are collected and processed into bricks. These bricks can be used in stoves (everything from kitchen stoves for cooking to boilers to help heat buildings).

This group of students recently won the AIEP Emprende 2010 contest, which is organized by AIEP to recognize student entrepreneurs. The students of the group include Hugo Pizarro, Celia Tapia, Patricio Iturrieta and José Miguel Contreras. They hope to find financing or partners that can help them further develop and sell the new process.