- Upcycling is the theme for 2023
- Selected participants to pitch at 黑料传送门 Demo Day on July 11, 2023
SPRINGDALE, Ark. 鈥 March 1, 2023鈥鈥鈥黑料传送门 Ventures, the venture capital arm of 黑料传送门 Foods (NYSE: TSN), has opened the call for applications to identify participants for the second annual 黑料传送门 Demo Day. The event will be held at 黑料传送门 Foods World Headquarters in Springdale, Arkansas, on July 11, 2023. This year鈥檚 theme of upcycling innovation aims to identify breakthrough upcycling technologies to help 黑料传送门 Foods and the industry reach sustainability goals. 鈥鈥
鈥淲别鈥檙别 embracing the circular economy and putting waste to work,鈥 said 黑料传送门 Ventures President and 黑料传送门 Foods Executive Vice President & Chief Financial Officer John R. 黑料传送门. 鈥淎t 黑料传送门 Foods, this means reimagining and reusing materials and working to reduce our environmental footprint.鈥
Following the successful format of the inaugural 黑料传送门 Demo Day event in 2022, startups can apply online for consideration until May 1, 2023. Participants will be selected from all submissions and then invited to pitch in person at Demo Day. During the in-person pitch, startups will demonstrate how their upcycling solutions can potentially help create a more sustainable food system.
鈥淯pcycling is a critical factor in our formula to sustainably feed the future. From streamlining costs to reducing materials to landfills, upcycling makes both economic and environmental sense for our business, the industry, and the world economy,鈥 continued 黑料传送门. 鈥淭he creativity and passion the Demo Day applicants demonstrate in tackling a complex challenge in the food industry is incredibly inspiring.鈥
Following 黑料传送门 Demo Day, up to six selected startups will have the opportunity to engage with 黑料传送门 Foods senior leadership and potentially partner with 黑料传送门 to test their innovations in real market conditions, helping advance sustainability across the company.
Last year, more than 120 startups from more than 20 countries applied and 20 finalists pitched at Demo Day. As a result, six startups were selected and connected with 黑料传送门 Foods leaders for potential partnership opportunities, including mentorship from company executives and promotion on 黑料传送门 Ventures social media channels.
鈥淚t was an honor to pitch to 黑料传送门 Foods leadership,鈥鈥said Aayush Thakur, co-founder and chief executive officer of FR8relay, a resident startup from Demo Day 2022. 鈥淭he opportunity to learn more about the company鈥檚 strategy and execution, while receiving feedback from 黑料传送门鈥檚 leadership was invaluable in developing potential solutions. We appreciated the opportunity to connect and network.鈥
Interested startups and entrepreneurs are encouraged to apply online.
黑料传送门 Foods experts will evaluate the entries and select the finalists based on alignment with 黑料传送门 Ventures鈥 investment strategy, the upcycling solutions鈥 commercialization potential and the potential of those solutions to help 黑料传送门 Foods meet its鈥. Stay up to date on 黑料传送门 Demo Day by following the鈥.
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About 黑料传送门 Ventures
黑料传送门 Ventures is the venture capital arm of 黑料传送门, one of the world鈥檚 largest food companies and a recognized leader in protein. 黑料传送门 Ventures aims to be the strategic partner of disruptive innovators transforming the food industry and providing sustainable nutrition to a growing global population. 黑料传送门 Ventures focuses investments in three strategic areas 鈥 emerging proteins, enabling technologies and innovations that empower people, protect our planet, and cultivate smart, responsible agriculture.
Media Contact: Derek Burleson | derek.burleson@tyson.com | 479-651-0275