Get off to a successful start

ProVeg-Incubator is looking for innovative food start-ups

08-Jan-2021 - Germany

The world's first and leading incubator for plant-based and cultured food startups invites innovative founders to apply by February 7, 2021 to participate in the pioneering accelerator program. The incubator program with expert mentoring, financial support and more will start in April 2021.

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Berlin. Pioneering companies in the field of plant-based as well as cultured food technology that produce alternatives to animal products and ingredients can now apply to become part of the new Incubator cohort. The program will launch in April 2021, and interested founders can apply at www.provegincubator.com/apply by Sunday, February 7, 2021.

Financial support, mentoring and networking - get off to a flying start with the ProVeg Incubator.

Start-ups accepted into the Incubator will receive a tailored accelerator programme. This includes funding of up to 200,000 euros, personal expert mentoring and access to the Incubator's extensive international networks, including industry contacts.

The ProVeg Incubator is the world's leading incubator for startups in the plant-based as well as cultured food sector and exclusively supports companies that contribute to changing global food culture.

"It is important that the startups in our program align with our mission to reduce global consumption of animal products. The products or services that the start-ups offer should therefore replace conventional animal-based foods with innovative products, ingredients and solutions," says Albrecht Wolfmeyer, head of the ProVeg Incubator. Wolfmeyer adds: "We are looking for strong, ambitious founding teams and for product innovations that are effective and scalable. The focus is on companies whose products, technologies and concepts stand out from the competition. I look forward to seeing who applies to join us in 2021."

The ProVeg Incubator helps companies succeed internationally

Since its launch in 2018, the ProVeg Incubator has worked with more than 45 startups from around the world. In total, they have raised more than €30 million in funding and launched more than 40 products. ProVeg Incubator alumni include Better Nature, Vly Foods, Mondarella, Greenwise, Mushlabs, Legendairy Foods, Plantcraft, Cellular Agriculture, Panvega, remilk and the nu company.

"The Proveg Incubator is the best way to quickly and successfully establish your own veggie company in the market. As a result of the programme, we have completely changed our market entry strategy and now sell in supermarkets across Europe - including Lidl, Kaufland and Penny. The Incubator team has connected us with key mentors, investors as well as buyers from the food industry who we would never have met otherwise. We are very grateful to have been part of the fantastic program," said Piero Brunetti, founder of Mondarella.

"The ProVeg Incubator was a milestone of growth for us. Every workshop and event allowed us to gain experience, broaden our horizons and ultimately accelerate our market entry," said Julia Marsel, co-founder of Greenwise.

Nicolas Hartmann, co-founder of Vly Foods, also points out, "Especially the industry contacts are unique and help solve all kinds of problems a young company faces."

The ProVeg Incubator is working with a number of investors and other partners, including Atlantic Food Labs, Beyond Advisors, Blue Horizon Ventures, European Institute of Innovation and Technology (EIT Food), Good Seed Ventures, Katjesgreenfood, New Crop Capital, NX-Food, Purple Orange Ventures and VegInvest.

The ProVeg Incubator is currently supporting its 5th cohort of startups, which includes 6 innovative companies from around the world. This round of the program runs through January 15, 2021 and culminates in a Startup Demo Day. Learn more about the startups in the current cohort. As part of the nutrition organization ProVeg, the ProVeg Incubator is dedicated to the mission of reducing global consumption of animal products by 50% by 2040.

To keep up to date with all the latest news about the ProVeg Incubator, please visit our website (linked to the right of the article) or follow us at @provegincubator on LinkedIn, Twitter and Instagram.

Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.

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