EIT agrifood startups. EIT Food (The food Innovation Community of the European Institute of Innovation & Technology) announced the 54 high-impact agrifood startups that have been selected to join the EIT Food Acceleration Network (EIT FAN) in its 5 acceleration hubs across Europe.
The chosen startups will benefit from world-class mentorship, programming, and resources to accelerate their growth and impact.
The finalists for the EIT FAN were selected from a record number of applications from around the world, making the 2019 cohort EIT Food’s most competitive programme to date. On 09 and 10 May, over 100 agrifood startups pitched their ideas to more than 70 experts during the final judging round at MassChallenge in Lausanne. Out of these, 54 high potential agrifood startups have been selected to join the EIT FAN this year.
Launched by EIT Food, the programme fosters efforts to identify and support high-impact Agri- and Food-Tech startups, making Europe the go-to innovation hub for this emerging industry. The 54 startups of the EIT FAN will be spread across 5 program locations running in parallel, in Munich (Germany), Haifa (Israel), Lausanne (Switzerland), Bilbao (Spain) and Cambridge (UK).
The selected startups are focusing on smart farming, food security, alternative proteins, predictive modelling, functional foods and shortening the food supply chain.
On announcing the EIT FAN startups, Benoit Buntinx, Director of Business Creation at EIT Food said: “We are thrilled to welcome the second cohort of 54 outstanding agrifood startups into the EIT Food Accelerator Network. It is fascinating to see the many different solutions along our food value chain looking to solve our food sector’s greatest issues.
The challenges faced by Europe in the transformation of its food system will not be solved without the disruptive innovations of these great entrepreneurs and fast-moving startups. More than ever, they are an essential component of the future solutions and we are very proud to support them in their growth.”
EIT Food is Europe’s leading food innovation initiative, with the aim to create a sustainable and future-proof food sector. The initiative is made up of a consortium of key industry players, startups, research centres and universities from across Europe. It is one of eight Innovation Communities established by the European Institute for Innovation & Technology (EIT), an independent EU body set up in 2008 to drive innovation and entrepreneurship across Europe.
EIT Food aims to collaborate closely with consumers to develop new knowledge and technology-based products and services that will ultimately deliver a healthier and more sustainable lifestyle for all European citizens.