DuPont invests in future food innovation program
DuPont Nutrition & Biosciences has announced it will partner with global innovation platform Plug and Play’s Food & Beverage program to accelerate its open innovation strategy.
DuPont, which is already a partner of Plug and Play’s Silicon Valley program, aims to prepare food and beverage manufacturers for fast-developing trends and disruptive change as the company expands to new areas.
In early 2021, Plug and Play will open a new location in Chicago, Illinois, and DuPont will be a founding partner of the new office with direct access to the emerging technologies that will keep food and beverage companies ahead in the future.
The source of these new technologies is entrepreneurial start-ups that look for support from larger corporate partners to develop and scale their business. By acting as an investor and mentor, DuPont will both accelerate their development and bring their innovative capabilities to market faster.
The shortlist of new start-ups for 2021 has already been drawn up. By the middle of next year, DuPont Nutrition & Biosciences Food & Beverage platform expects to have established open innovation agreements for a variety of projects.
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