Nestlé USA partners to support food + tech start-ups
Nestlé USA is expanding its commitment to innovation in the food industry through a new partnership with Rabobank and RocketSpace to support start-ups for the Terra Food + Agtech Accelerator program.
Nestlé USA is expanding its commitment to innovation in the food industry through a new partnership with Rabobank and RocketSpace to support start-ups for the Terra Food + Agtech Accelerator program. Nestlé will collaborate with Terra and other corporate collaborators to select and coach the most innovative and disruptive start-ups in the food and agricultural industry.
Terra enables innovation by connecting large global brands like Nestlé with start-ups to work on real-life product testing and go-to-market solutions. Terra immerses participants in the innovation process, helps guide their products’ evolution, and provides real-time feedback throughout pilot testing.
Nestlé expects to support 20 start-ups over the duration of the two 6-month accelerator programs to explore new and improved ways to produce, sell, and distribute food. Registration for companies interested in taking part opens on June 21, and details are available at www.terraaccelerator.com. The first of two Nestlé-hosted Terra programs will be selected in fall 2017. The call for applications for the second cohort will be open in early 2018.