The FoodTech Challenge seeks to find the next wave of technology innovations that are on the cusp of transforming food and traditional agriculture practices, efficiently and sustainably. Targeted at early-stage start-ups, ranging from international university-based research teams to individual entrepreneurs and small firms, the competition invites innovations related to two critical areas: ‘food production to address the availability and abundance of food and explore ‘next gen’, nutrient-rich alternatives, and ‘food loss and waste’ to ensure sustainability across the food supply chain and the planet more broadly.
- The competition is open to all participants above 18 years old.
- They are specifically looking for early-stage agrifood tech start-ups within Food Production and Food Loss and Waste.
- To be eligible to participate, your start-up should: Address ‘Food Production’ or ‘Food Loss and Waste’ segments of the value chain, have not yet gone for a Series-A funding round, have a workable minimum viable product, have been in operation for less than 5 years, have no more than 25 employees.
The winner will receive a total prize pool that is valued at the US $2 Million and consists of cash awards, incentive schemes, start-up acceleration, and R&D support.