With challenges like food security and food safety threatening the industry today, many are looking towards sustainability and entrepreneurship to implement quick solutions in the next decades. Joining the mix on the hunt for solutions, Cargill is partnering with Techstars and Ecolab to launch Techstars Farm to Fork Accelerator in Minneapolis in 2018. Accepting applications starting next month, the Accelerator will help ten of the world’s most promising startups build their business, secure capital, expand their reach, and receive input on developing technology intent on solving problems within the food industry.
“We are thrilled to welcome some of the brightest minds in food and ag tech into Cargill and Ecolab’s backyards,” said Justin Kershaw, Cargill CIO, in a company press release. “This Accelerator allows us to invest our time and resources in technology and shaping the future of agriculture, and to address some of the greatest challenges facing the food system. At the same time, we see the partnership with Techstars as a way to inject startup energy inside Cargill, where we are committed to creating a culture that fosters technology innovation through internal expertise and external partnerships.”
Working with both early stage entrepreneurs and established startups, the Accelerator will take place over the next three years and focus on companies that can advance key aspects of the food system, like food security and safety, ag tech, consumer goods, and supply chain management. Startups accepted into the program will receive mentor support and hand-in-hand help from Cargill, Techstars, and Ecolab executives, as well as have access to the companies’ market expertise, global connections, and investment capital.
“Minnesota was literally built by food entrepreneurs more than 150 years ago, and entrepreneurs continue to thrive in the state’s quickly expanding, yet supportive ecosystem,” said Brett Brohl, Techstars Farm to Fork Accelerator Managing Director. “The Farm to Fork Accelerator will build on this rich history, leveraging Cargill's reach and leadership in food and agriculture as well as Ecolab's expertise in safe food, clean water and healthy environments. Combined with Techstars’ proven Accelerator model, we can truly help entrepreneurs take their companies to the next level while making a positive social impact."
For more information on the Farm-to-Fork Accelerator, visit www.techstars.com/farm-to-fork-program. For more on who’s making a difference within the deli, dairy, and bakery industry, stay tuned to Deli Market News.