Jump-starting innovation is no easy feat but the team at Tyson Foods is ready to tackle the challenge. Tyson Ventures, the venture capital arm of Tyson Foods, sounded the call for applications for the third installment of Tyson Demo Day, which aims to revolutionize the future of the Tyson Foods food supply chain.
“Our vision for Tyson Demo Day 2024 is to become a significant catalyst of groundbreaking supply chain technology by bringing startups together to collaborate with Tyson Foods,” says John R. Tyson, Tyson Ventures President and Chief Financial Officer. "Together, we can reimagine, innovate and elevate the protein supply chain across every touchpoint."
By collaborating with innovative startups that foster sustainable practices, Tyson Foods hopes to enhance transparency, create new efficiencies, and ensure the highest standards of quality across the company’s unique supply chain.
According to a press release, startups with innovations in logistics software, distribution, warehousing, traceability and transparency, animal welfare, cold chain management, inventory management, forecasting and predictive analytics, supplier management, and sourcing technology are encouraged to apply by May 3, 2024.
“Tyson Demo Day 2024 presents an unparalleled opportunity for startups to showcase their supply chain solutions and potentially partner with Tyson Foods to test their innovations in real market conditions,” adds Brady Stewart, Tyson Foods’ Group President, Beef, Pork and Chief Supply Chain Officer. “Following the event, successful startups may engage in continued conversations with Tyson Foods, paving the way for further high-impact opportunities.”
Successful startups may have access to further opportunities such as mentorship from Tyson Foods executives, potential pilot and testing programs, commercial partnerships, and recognition through press and media.
What innovations will spring from this? Only time and Deli Market News will tell.
