Read the news release from Mondelēz International.
Mondelēz International, Inc. (Nasdaq: MDLZ), today opened applications for CoLab Tech. The innovative accelerator program is designed to help start-up companies address key challenges in food technology and sustainability. CoLab Tech builds on the successful collaboration and partnership principles of the company’s SnackFutures’ CoLab program, launched in 2021, which provides snacking entrepreneurs and emerging brands with resources, networking opportunities and information to help them grow their businesses.
CoLab Tech seeks to find and collaborate with emerging food technology start-ups offering disruptive solutions and the potential to scale through the company’s core chocolate, biscuit and baked snacks businesses in three critical areas:
- Sustainability: Technologies that support regenerative agriculture, low carbon dairy ingredients and renewable/more efficient energy sources
- Innovative Ingredients: Technologies that can deliver cleaner labels, lower carbon footprints, improved sensory experiences, and improved nutrition profiles
- Process: Technologies that can increase manufacturing flexibility, enhance automation, and allow us to explore more modern, advanced heating and cooling options
The 12-week program includes in-person workshops, hands-on experiences and virtual curriculum sessions, along with 1:1 mentorship and access to Mondelēz International experts and the company’s partners across the globe.
Applications for CoLab Tech are open now. The program will begin in autumn 2023. CoLab Tech is open to U.S. and European-based start-ups who have reached a minimum viable product in their development process and a minimum of five employees. Start-ups with diverse and minority board members will be a plus for selection.