Nutreco announces its Feed&Food Tech Challenge Finalists
9 April 2020
Amersfoort, April 9, 2020 - Today, Nutreco proudly announces the finalists for the Nutreco Feed&Food Tech Challenge (NFTC). Over 110 start-ups from across the globe applied by submitting their breakthrough innovations to address critical challenges in the feed and food value chain.
The competition acknowledges the best breakthrough innovations within livestock farming, aquaculture and NFTC’s new category, alternative food proteins. From the 112 applications submitted, 15 finalists have been selected to advance to the next round of the competition:
Alternative proteins for food
The next phase of the competition would usually involve the finalists joining a three-day final event in The Netherlands, originally planned for May 11-13 2020. Due to the exceptional global circumstances presented by Covid-19, this final event will be rescheduled to a new date in autumn 2020.
Nutreco’s Director of Venturing and NFTC jury member Joost Matthijssen comments, “We find ourselves in challenging and uncertain times due to the Covid-19 situation. However, it does not impact Nutreco’s commitment to Feeding the Future and as such, we plan to move ahead with our Challenge. Our priority is for all finalists to be able to participate in the next phase of the competition in a safe way. As a result, we have opted to postpone the final event and organise a virtual introduction with the start-ups in May.”
The final event in the Netherlands in autumn 2020 will offer a dynamic ‘greenhouse and pressure cooker’ environment with a pitching competition and plenty of interaction with industry experts, fellow start-ups and an international jury. The new dates for the final event will be communicated in May.
Matthijssen continues, “The NFTC provides a unique opportunity for start-ups to progress their breakthrough innovations to the next stage. Throughout this competition we want to continue providing support and guidance to help finalists to progress their ideas in a safe way and to do so, we will be providing virtual mentors to help them on their journey.”
Depending on the business concept, the winner will be rewarded with a suitable scientific (on-farm) validation trial, including a validation report, and/or consulting through internal or external experts on topics critical for their business. Nutreco will continue to provide updates on the NFTC on its LinkedIn and Twitter channels.
Nutreco is a global leader in animal nutrition and aquafeed. Their advanced nutritional solutions are at the origin of food for millions of consumers worldwide. Quality, innovation, and sustainability are guiding principles, embedded in the Nutreco culture from research and raw material procurement to products and services for livestock farming and aquaculture. Experience across 100 years brings Nutreco a rich heritage of knowledge and expertise for building its future. Nutreco employs over 12,000 people in 37 countries with net sales of €6.4 billion in 2018. Its two global company brands Skretting (aquafeed) and Trouw Nutrition (animal nutrition) have sales in over 90 countries. Nutreco is a wholly owned subsidiary of SHV Holdings N.V., a family-owned multinational with net sales of € 20.1 billion in 2018. Learn more at nutreco.com.