Food has crafted the world that we live in, from the placement of our cities to the complexity of earth's ecosystems, and its production has changed in troubling ways over the past few centuries. Too much of the world's food is over-processed and produced unsustainably. Those are only two of the countless problems with our food system, and - though these problems can seem daunting - each one represents an opportunity for a great company to change the world.
My advice for any entrepreneur or innovator is to get into the food industry in some form so you have a front-row seat to what's going on. - Kimbal Musk
Now, as technology becomes more available and more food issues are being illuminated, food technology is poised to explode. Companies like Impossible Foods are generating global attention, and more global FoodTech resources are popping up around the world. From FoodTech accelerators to investors, advisors, university programs and more, there is now more infastructure to support rising FoodTech companies than ever before.
That's why, as we open applications for a second cohort of our Global Food Ecosystems Accelerator program, we're excited to release the Global Food Startup Ecosystem Resource Guide, which is currently in Draft v2 below!
This is just a draft, and while we spent many hours on this research, more input is needed. Please leave your comments on this collaborative Google document to help us complete the list. There are definitely omissions on this current version, and we need your help to compile a full list of the FoodTech resources available for startup founders.
Text version included below, for ease of searching:
There is no one right way to build a technology company, but for the sake of simplicity we have outlined a basic, common, sequential framework.
1. Idea Stage
This is where new FoodTech entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.
2. Launch Stage
In this stage, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.
3. Growth Stage
Here, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.
4. Success Stories
Successful FoodTech companies that have raised significant institutional funding, employ a large workforce, or have achieved liquidity.
To facilitate the steps, every ecosystem needs strong supporters.
Successful local founders who lead the ecosystem & frequently mentor newbies. (i.e. Local leaders who have taken a leadership position, speak at a lot of startup events, mentor all the programs, etc)
Major local business or tech universities and employers that educate about FoodTech and produce talent.
* * *
Learn more about the Startup Resource project here, and leave us your thoughts on the FoodTech Guide on this collaborative Google document (This is just a draft, and more input is needed!)