Eatable Adventures and Sigma joined forces in the search for entrepreneurs to promote high-impact projects in the food sector worldwide.
The multinational food company presents the second edition of Tastech by Sigma, the startup acceleration program that aims to revolutionize the food industry. The project submission will be open until April 26th and the selection of the finalists will take place on May 13th.
The first edition of Tastech by Sigma registered 123 startups applications from 19 countries, of which seven developed a pilot program and four will formalize a long-term relationship with Sigma.
Tastech by Sigma
Tastech is a program that aims to find the most innovative and disruptive startups and scaleups in the world to collaborate with Sigma.
During the first edition of Tastech by Sigma, the finalist projects had access to financial support for the development of the pilots, the company’s infrastructure and the knowledge of its specialists to develop their disruptive ideas, with the aim of improving process automation, developing new foods and ingredients, and identifying new business models in food production, distribution and marketing.
A total of 123 startups from 19 countries applied to the first edition of Tastech by Sigma, of which seven were selected to develop pilot tests in Mexico, Ecuador, Portugal and Spain, and four are in the process of formalizing a long-term relationship with Sigma.
This year Tastech by Sigma seeks the participation of startups and scaleups that propose innovative solutions to the following challenges:
- Future Food – foods and ingredients that incorporate animal and/or vegetable proteins, as well as solutions that increase the nutritional value of culinary experiences and allow for reduced sodium, sugar and fat content.
- Green Tech – Sustainable processes that enable the use of by-products in the industry’s value chain, reduce the carbon footprint of packaging, and improve efficiency in transportation, especially refrigerated transport.
- Power Connections – New business models and consumer outreach through the analysis of consumer trends and the development of new shopping experiences.
Eatable Adventures renews its collaboration with Sigma developing the future food vertical, promoting on a global scale this great opportunity to innovate within a leading group in the agri-food sector that has 70 plants and operations in 18 countries in four regions: Mexico, Europe, the U.S. and Latin America.
“We want Tastech by Sigma to become a benchmark in the industry and that more and more entrepreneurs seek to present and develop their ideas with us. We are convinced that innovation in the food sector is a collaborative task and this program is our contribution so that young talent can revolutionize what we eat and the way we produce it,” said Daniel Alanís, Development Director at Sigma.
The submission of projects for the new edition will be open until April 26th and those interested can apply through the website tastech.eatableadventures.com.
After a pre-selection, a competition among the finalists will be held on May 13 before Sigma’s steering committee.
Pre-selected startups and scale-ups will be invited by May 13th to a selection event, with the aim for each of the participants to pitch their initiative in front of the Sigma committee.
The participants selected will participate in a 18 week program, focused on the implementation of a pilot test within Sigma, with the aim of validating their proposed solution.
The acceleration program will end in October with a demo day where all the selected participants will make a final pitch to the senior team of the company presenting obtained results from the pilot test, as well as technical and commercial advances.
Don’t lose this incredible opportunity, sign up and apply to the second generation Tastech by Sigma program.