FoodNxt - Innovation Lab

FoodNxt - Innovation Lab Overview

FoodNxt is IFF's (legacy Frutarom) innovation lab. FoodNxt aims to accelerate tech start-ups in the food, nutraceutical, and functional ingredient sectors, with a focus on developing all-natural ingredients for the global food and beverage industry. FoodNxt provides its start-ups with a wide range of services, including technological assistance, regulatory advice, professional guidance on clinical and technological challenges, business plan and feasibility study preparation, advice on networking with leading global food companies, and help with marketing and communications. Each start-up chosen to join FoodNxt will receive financing of up to $280,000 to reach a proof of concept. In addition to financial backing, start-ups will benefit from the full range of IFFs know-how, expertise, and corporate synergies. The FoodNxt innovation lab is supported by the Israeli Innovation Authoritys Innovation Labs Program. This program aims to promote open innovation and enable start-ups at the initial stage of R&D to reach a significant fundable milestone in a relatively short time while providing access to market needs and a supportive framework.

Latest News

Feb 26, 2019 · www.foodnavigator-usa.com

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IFF Frutarom welcomes first startup to its FoodNxt innovation lab, considers expanding unique model

IFF Frutaroms innovation lab, FoodNxt, is seeking to support early-stage startups in the food and technology space in Israel. The lab aims to bring on four companies at a time, providing them with funding, office space, and access to specialized equipment. The selected startups will also benefit from the expertise, customer base, and partnerships of IFF Frutarom. The company is particularly interested in startups focused on shelf life extension, natural colors, personalized nutrition, alternative protein sources, and ingredients. IFF Frutarom hopes to reinvest in the startups at the end of the one-year program and continue to support their growth.

PartnersInvestment

Apr 27, 2018 · www.foodingredientsfirst.com

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The future of start-ups: Frutarom opens Israeli lab

Frutarom is launching FoodNxt, an innovation lab for food-tech start-ups, in northern Israel. The company is inviting Israeli food-tech and ingredient companies to collaborate and develop all-natural ingredient solutions for the global food and beverage industry. Frutarom was selected by the Israel Innovation Authority to operate the innovation lab for three years. Start-ups chosen to join FoodNxt by Frutarom will be granted up to 85 percent of their approved R&D expenses (up to NIS1 million, or about US$300,000) to reach a proof of concept.

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3

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Migdal HaEmek, Israel

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