Rabobank announces redesigned FoodBytes! innovation platform to advance sustainable food and agriculture

Rabobank announces redesigned FoodBytes! innovation platform to advance sustainable food and agriculture

PR Newswire

NEW YORK, July 7, 2020

The reimagined platform fosters deeper connections and collaboration between startups, investors and large food and ag companies; Pitch applications open now through Aug 10

NEW YORK, July 7, 2020 /PRNewswire/ -- Rabobank today announced the redesign of its FoodBytes! food and agriculture innovation platform, which features an expanded startup discovery program FoodBytes! Pitch and a reinvented corporate innovation program FoodBytes! Pilot. Startups can apply for FoodBytes! Pitch through August 10.

"The FoodBytes! redesign is the result of a year's worth of planning to reimagine how our network can work harder for startups, large food and ag corporations and investors in driving industry change," said Anne Greven, global head of F&A innovation, Rabobank. "Since FoodBytes! launched in 2015, we've hosted 17 total live pitch competitions across North America, Europe and Australia, but our vision is much larger than events. Our network has grown to 310 active startup alumni globally. We want to build a powerful engine for ongoing collaboration and innovation between food and agriculture change agents who want to feed the world sustainably."

"The COVID-19 pandemic has made it clear that players in our food and ag system must be prepared for constant change and transformation. Rabobank is now playing a much larger role in helping companies adopt the innovation mindset and capabilities that are essential for a resilient food supply, as well as long-term business success," added Greven. 

New: FoodBytes! Pitch Offers Expanded Connections in Single, Virtual Program

Startup discovery platform FoodBytes! Pitch unveils today its expanded virtual program that offers corporate leaders and investors exposure to a larger group of startups - with opportunities for deeper connections and networking:

In light of the COVID-19 pandemic, Rabobank encourages applications from entrepreneurs whose technologies and products address critical food system challenges, including food loss mitigation, on-farm automation, animal health tech, shortened supply chains, accessible food e-commerce and functional ingredients. Corporate organizations and investors now gain access to all FoodBytes! Pitch startups, as well as the programming designed to create meaningful connections, through a paid membership.

Introducing the FoodBytes! Pilot Corporate Innovation Program
Rabobank has also launched FoodBytes! Pilot, a reinvented corporate innovation program which replaces its TERRA accelerator and its cohort format. The new 6-to-9 month program features consultative services that help corporate partners embed long-term innovation into their organizations -- something that often requires organizational change.

After a pilot is complete, Rabobank can connect corporate partners who want deeper change management and organizational transformation with consulting services via its partners.

"Our move to introduce FoodBytes! Pilot is about much more than a longer pilot collaboration between corporate partners and startups. It's about our vision to help established food and ag companies future-proof their businesses, and solve real problems, in a rapidly changing food and ag landscape. Our partners know that their continued success -- and their impact on sustainability goals -- requires new ways of thinking and operating," said Greven. "Rabobank brings expertise, a large network of startups and consultant partners to the table to help them manage through change."

For More Information, or to Apply:

Startups interested in applying for FoodBytes! Pitch can learn more and apply here.

Investors and food and ag corporations interested in FoodBytes! Pitch membership should contact Caroline Keeley at caroline.keeley@rabobank.com

Food and ag corporations interested in learning more about FoodBytes! Pilot should contact Caroline Keeley at caroline.keeley@rabobank.com

About Rabobank and F&A Innovation
Rabobank is a leading global food and agriculture bank providing sector expertise, strategic counsel and tailored financial solutions to clients across the entire food value chain. Rabobank's F&A Innovation team is part of its global mission of Growing a Better World Together. The team aims to help turn today's most promising ideas into tomorrow's impactful solutions through two global programs (Pitch and Pilot) that are designed to build a community of forward-looking corporates, investors and entrepreneurs that pioneer the future of food and agriculture.

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