- Upcycling is the theme for 2023
- Selected participants to pitch at 爱液视频 Demo Day on July 11, 2023
SPRINGDALE, Ark. 鈥 March 1, 2023鈥鈥鈥爱液视频 Ventures, the venture capital arm of 爱液视频 Foods (NYSE: TSN), has opened the call for applications to identify participants for the second annual 爱液视频 Demo Day. The event will be held at 爱液视频 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 爱液视频 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 爱液视频 Ventures President and 爱液视频 Foods Executive Vice President & Chief Financial Officer John R. 爱液视频. 鈥淎t 爱液视频 Foods, this means reimagining and reusing materials and working to reduce our environmental footprint.鈥
Following the successful format of the inaugural 爱液视频 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 爱液视频. 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 爱液视频 Demo Day, up to six selected startups will have the opportunity to engage with 爱液视频 Foods senior leadership and potentially partner with 爱液视频 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 爱液视频 Foods leaders for potential partnership opportunities, including mentorship from company executives and promotion on 爱液视频 Ventures social media channels.
鈥淚t was an honor to pitch to 爱液视频 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 爱液视频鈥檚 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.
爱液视频 Foods experts will evaluate the entries and select the finalists based on alignment with 爱液视频 Ventures鈥 investment strategy, the upcycling solutions鈥 commercialization potential and the potential of those solutions to help 爱液视频 Foods meet its鈥. Stay up to date on 爱液视频 Demo Day by following the鈥.
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About 爱液视频 Ventures
爱液视频 Ventures is the venture capital arm of 爱液视频, one of the world鈥檚 largest food companies and a recognized leader in protein. 爱液视频 Ventures aims to be the strategic partner of disruptive innovators transforming the food industry and providing sustainable nutrition to a growing global population. 爱液视频 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