From October 26 to 31, the global Danish pump solution company, Grundfos, and the Innovation Centre at the Danish Embassy in Seoul are hosting an Innovation Camp for students from leading universities in Korea and Denmark. 10 Korean and 10 Danish top engineering students will be challenged to apply their theoretical knowledge to real issues, and show new, creative approaches to technical and business solutions.

Grundfos is the world leader in pump solutions and water technology. It is the world's largest manufacturer of circulators, accounting for 50 percent of the world market. Established in 1945, the company now has 55 branches worldwide with 19,000 employees. 

5 universities, KAIST, Seoul National University, Aarhus University, Aalborg University, and Technical University of Denmark, will join this event. Engineering students in the final year of their bachelor's degree along with those studying at a master/graduate level (either from Mechanical Engineering, Software Engineering, or Integrated Energy Design Engineering) and Data Handling Specialists were qualified to apply for the camp until September 12. 

The theme of the Grundfos Student Innovation Camp is "Energy Optimization in Commercial Buildings". The camp will be structured such that the participants can actively explore their own ideas as much as possible, in order to increase the potential impact their solutions can have on Grundfos' business such as accommodating the unpredictable behavior of the building users and the potential additions of new systems to the building.

During the 6 days of Innovation Camp at KAIST, the students will be placed in groups comprised of two Korean and two Danish students, to come up with a solution to the assigned task. When investigating the possibilities of using data analysis to dynamically control the energy in commercial buildings, the participants will be guided by experienced academics, Grundfos professionals and business experts. 

The estimated total cost involved in participation is 3,500 DKK for Danish students, including airfare, accommodation, and traveling costs within Korea. No fee is required for Korean students. 

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