In recent years, the food business industry has seen substantial transformations, and one of these is the constantly growing popularity of selling food products online. This trend has become a profitable endeavor for food entrepreneurs, as many consumers now prefer shopping from the comfort of their homes. This tendency can be linked to a variety of causes, including the unrivaled convenience, competitive prices, and variety of options available. The sale of food goods through online platforms has then become an indispensable route for businesses looking to grow their consumer base and expand into new markets.
World-class founders and industry leaders to serve as Cohort 10 mentors NEW YORK, NY - June 8, 2023 - Leading global food accelerator FoodFutureCo (FFC) today added a new cohort of impact and mission-driven companies to its growing portfolio of food innovators. Now on its tenth cohort, FFC has accepted the following companies to participate in its flagship accelerator program: KombuchaTown is an environmentally friendly producer of all-natural, 100% organic, and high-quality Kombucha based in Bellingham, Washington. Vegan Sunday Supper is a plant-based food company from Los Angeles, California that serves frozen
The expansion of a food business is a major decision that calls for serious thought and strategic preparation. As a food industry entrepreneur, you understand the need to stay a step ahead of the tough competition. You also recognize the need to recognize shifting customer views toward food ethics, which necessitates your company, for example, to incorporate environmental sustainability and women's empowerment into your business model. As a business, you must be prepared to uncover new opportunities in the food industry and understand how to position your company for success in a dynamic and ever-changing market. In
Before we reveal the companies who have successfully applied to be part of our tenth cohort, we’re excited to announce who their mentors will be for the duration of our accelerator program this summer, with many more to come. Holley Atkinson Steve Charlton Yanniv Dorone Lauren Doyle Inna Golfand Lauren Handel Cynthia Kalfa Daniel Karsevar Nathan Littlewood Danielle Mariano Gerardo Mazzeo Kathleen Murphy Tyler Phillips Kevin Powell Chris Rawley Christine Rico
If you own a food business, you are aware of how important it is to stand out in an increasingly competitive industry. With a growing number of fresh players and changing tastes among customers, it can be difficult to maintain growth and differentiate yourself from other businesses. Fortunately, there are some time-tested strategies to help you grow your food business. In this article, we will look at some of the most successful strategies for growing your food business and staying a step ahead of the competition, with a specific emphasis on the advantages of becoming part of a food accelerator program.
This month, as we celebrate the graduation of our fourth cohort from our accelerator program, we are excited to share the stories of the fabulous founders and how their social enterprises are changing the food system for the better. From Indian snack foods to solar-powered greenhouses, these companies are now a part of our good food community. PowerGrow PowerGrow is focused on bringing a wave of clean-energy-powered greenhouses to farmers around the country, primarily cited near major metropolitan hubs. CEO Sean Lyle acknowledges the value of outdoor farming, but sees a huge potential in farmers moving indoors. The
The COVID-19 pandemic has brought to light many realities that surround our existence and survival, including the importance of food. During the onslaught of the disease, restrictions on the movement of people and goods have resulted in the shortage of many basic commodities, and we realized that we can give up other supplies but not food. It was proven that whatever the circumstances, the demand for food across geographic locations and economic conditions will always remain relatively constant. The pandemic has also exposed the fragility of our food system and emphasized the need to accelerate innovation in order to
What is a Food Accelerator? Some enterprises use business accelerators and incubators interchangeably. But are they one and the same? Consider a business accelerator as hitting the gas or brakes, turning the steering wheel, and achieving velocity. Meanwhile, a business incubator is as simple as revving the engine. Both intend to reach a destination. In the business sense, accelerators speed up the growth—the “velocity”—of an existing or even already well-established company. Incubators, on the other hand, make business ideas “safe and warm” in order for these to grow. Although both provide
Entrepreneurs often have great business ideas but they are unsure how to execute these. Some have actual plans, but lack the resources, such as physical facilities and financing, to get the business up and running. Other entrepreneurs may lack the confidence to face perceived challenges, particularly if they are new to the industry in which they wish to carve a niche. This is where business incubator programs come in. An incubator program refers to a wide range of resources and services provided to help newly established businesses become viable and self-sustaining enterprises. Incubators generally groom a
Wonder Weed If a weed is a plant whose virtues have not yet been discovered, then seaweed is ready for rebranding. This food source, underutilized in the Western world, is rich in vitamins and minerals such as iron and iodine. To cultivate, seaweed requires no fresh water, no land, no chemical inputs, and no fertilizers, and it creates no nitrogen runoff. Furthermore, sea vegetables sequester carbon as they grow, helping to combat the effects of global warming and mitigate ocean acidification. When it comes to feeding a global population of 9.7 billion people in 2050, seaweed could play a large role in finding