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Dr. Randy K. Avent (left), Florida Polytechnic University’s president, and Karel Coosemans, Global Innovation Program Director, Re-Master Citrus at IFF, speak to an audience at the University’s Corporate Impact Summit at the Barnett Applied Research Center on Campus on Thursday, Oct. 27.

IFF and Florida Poly discuss partnership at annual Corporate Impact Summit

October 30, 2023

The future of Florida Polytechnic University and its relationship with Fortune 500 company IFF was discussed at Florida Poly’s annual Corporate Impact Summit on Thursday, Oct. 26.

The event, sponsored by the University’s Corporate Impact Network, attracted dozens of students, employees, and community members to the Barnett Applied Research Center on campus to learn about how Florida Poly’s first on-campus industry partnership will be shaped in the near and long term.

Florida Poly President Randy K. Avent and Karel Coosemans, Global Innovation Program Director, Re-Master Citrus at IFF, hosted a fireside chat at the event. IFF is building its Global Citrus Innovation on campus.

“If you study the citrus industry – the whole ecosystem that exists – you always end up in Central Florida, in Polk County,” Coosemans said.

Coosemans said IFF’s plan at Florida Poly has five main functions: research innovation, training, customer experience, acceleration as a member of an ecosystem, and bringing innovation into its portfolio.

“By working together in the ecosystem discussing the project and making it a joint project, we can get things much faster and bring innovation to the market,” Coosemans said.

The innovation cycle demanded by customers has been shortened from years to months in many instances, and the Florida Poly partnership will help IFF achieve that, he said.

The partnership is different than others the company has enjoyed.

“Traditionally in our industry we hire food scientists, biotechnologists, chemists, but we do not hire data analysts or people that develop games,” Coosemans said. “But having faculty and students with different backgrounds come in, it helps us realize what we can do.”

The company has massive amounts of data for its thousands of products and developments, and it anticipates Florida Poly’s engineers, data scientists, computer science professionals, and other STEM degree holders can help IFF spot new areas for innovation, automation, and improvement.

“Engaging corporations is an essential component in advancing Florida Poly’s mission, and the Corporate Impact Network is designed to facilitate and foster meaningful interaction with industry partners,” said Lidia Vigil, Florida Poly’s director of corporate and foundation relations. “Today, we are thrilled to showcase IFF and its unique partnership with Florida Poly, as it is the first company to construct a significant on-campus building to enhance both their business and Florida Poly’s education.”

Construction on IFF’s on-campus building will be completed in early 2024 and its grand opening will be in early 2025.

 

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Session Details

This session will demonstrate that practical risk management is for everyone, regardless of a formal program. Attendees will learn actionable and simple strategies that are easy to implement, enabling them to start immediately by focusing on their top risks to build greater operational resilience and ensure the sustained success of their auxiliary enterprises.

Presenter Profile

Michelle Powell serves as the pioneering Risk Manager at Florida Polytechnic University, the state’s sole 100% STEM-dedicated institution. Having been with the university for nearly 11 years, Michelle transitioned from a leadership role in Admissions in October 2023 to establish and evolve the risk management function from the ground up. In this solo capacity, Michelle builds robust frameworks for our dynamic, young university, overseeing our insurance portfolio, consulting on third-party and event risks, and developing critical campus-wide training programs. Michelle has obtained the Committee of Sponsoring Organizations (COSO) Enterprise Risk Management certificate and the Associate in Risk Management (ARM) and Construction Risk and Insurance Specialist (CRIS) designations. Her distinct background in mathematics and engineering, combined with extensive higher education leadership, brings an analytical and strategic approach enhancing the institution’s resilience.