Thursday, July 11, 2013

Davidovich Bakery A Winner of Phase One of the NYCEDC Business Innovation Challenge

Davidovich Bakery A Winner of Phase One of the NYCEDC Business Innovation Challenge 

July 11, 2013-  The New York City Economic Development Corporation (NYCEDC) announced today that All Natural Products Davidovich Bakery, the manufacturer of the world famous Davidovich Bagels, was among the Phase One winners of the NYC Business Innovation Challenge.

This fierce competition invited NYC businesses to "create a plan to provide their employees with a path to improve skill sets, career prospects, and economic opportunities, while helping the business attain higher employee retention rates, organizational performance and revenues." Members of the NYCEDC, together with Next Street Bank, selected the winning plans from among hundreds of submissions in each of the three tiers, which were divided up by the employment size of each of the applicant companies.

All Natural Products Davidovich Bakery's  innovative plan is to create an in-house incubator and training program to develop artisan bakers.  Once the training period is complete Davidovich will connect those artisan bakers with bakeries in need of this talent.  This plan was among the five (5) Phase One winners in the 20-250 employee size tier.

When asked about the genesis for this program, one of the owners of Davidovich Bakery said, "We are passionate about artisan baking.  We believe that, fundamental to our mission, is not just to be an artisan bakery but to help keep the artisan tradition alive.  What better way to do that than to train future artisan bakers in the craft."

The next phase of the competition will involve a four (4) month pilot program for the implementation of the winners' plans.  Upon the conclusion of the pilot phase, the initial panel of judges will evaluate the success, scalability, and sustainability of each of the programs and then announce the Grand Prize winners.  Grand Prizes of $100,000.00 will be awarded to one applicant in each of the three tiers in December of 2013.

Stay tuned for more....