JOIN 2020 CALL FOR IDEAS

We look for start-ups, professionals, researchers and young techies

CALL FOR IDEAS

Agrofood BIC Call  2020

Agrofood BIC, the new Accelerator promoted by Granarolo, Conserve Italia, Camst, Eurovo, Ima and Gellify is launching Agrofood BIC Call 2020, a 500,000 euro international/national call aimed at supporting 5 teams, spinoffs and start-ups in the fields of nutrition&health and new sustainable packaging contributing with the overarching aim of the European Green Deal.

Please read:
https://ec.europa.eu/info/strategy/priorities-2019-2024/european-green-deal_en
https://ec.europa.eu/info/strategy/priorities-2019-2024/european-green-deal/actions-being-taken-eu/farm-fork_en

Aims of the call

Turning the high innovation potential of young people, researchers, start-ups who think they have a winning idea into new business realities. Agrofood BIC S.r.l. will support promising innovators in converting their ideas into real business initiatives, helping them overcome all organisational, operational and strategic challenges; will help bringing together young companies, the world of work and investors, combining incubation/acceleration services with specific skills with the aim of launching their business ideas on the market; will support the initial development of start-ups by providing them with pilot plants, R&D assistance, business development, marketing and accounting, coaching by professionals and consultants, access to a network of relationships in the world of business and credit and making available dedicated offices, shared spaces and IT facilities....

Areas and fields of interest

HEALTH AND NUTRITION

Every day, consumers demand personalised products that meet their specific taste and health needs.

We are looking for funding opportunities that include technologies, solutions and ideas in the following areas:

Sugar Alternatives include ingredients or technology which can be used as substitutes for sugar; allow the use of inferior quantities of sugar, without compromising food taste; remove excessive sugar in food processes.

Functional Foods deliver additional or enhanced benefits over and above their basic nutritional value. Some functional foods are generated around a particular functional ingredient. Other functional foods or drinks can be foods fortified with a nutrient that would not usually be present to any great extent (e.g. vitamin D in milk).

Healthy Food. Major food brands have all listed gut-healthy foods as one of their top trends for 2019, citing the various lifestyle diets that consumers are adopting in pursuit of improved health and wellness. Specific attention is given also to the healthy snacks market, whose size is expected to reach USD 32.88 billion by 2025, expanding at a CAGR of 5.2% during the forecast period.

Alternative Meat & Proteins are solutions which address problems linked to meat
consumption: meat is costly and extremely resource intensive to produce. As just one example, to produce one pound of beef, it takes 1,847 gallons of water. Today technologies are aiming to the production of artificial animal products , leveraging on machine learning to grasp the complex chemistry and textures behind these products, and to find ways to replicate them, using plant-based alternatives. Another typology of solutions are In vitro: elf-replicating muscle tissue cultures are grown and fed nutrients in a broth, and bypass the need for having living animals altogether.

DNA Based nutrition. The idea that our DNA defines what nutrition we need is not a new one, but is one that is beginning to become commercially accessible to the general consumer. By 2030, nutrigenetics is likely to affect the dietary choices of consumers in higher-income countries, resulting in those consumers living longer and healthier lives.
Additionally, the technology could have a material impact on the overweight population. If it was adopted by 10-15% of the overweight population in higher- and upper middle-income countries, it could reduce the number of overweight people by 25–55 million.

  • Sugar Alternatives
  • Functional Food
  • Healthy Food
  • Alternative Meat & Proteins
  • DNA Based nutrition

INNOVATIVE PACKAGING SOLUTIONS

Focusing on innovation, better packaging design and end-of-use systems will not only generate long-term benefits for the environment, but is also a huge economic opportunity.

Ellen MacArthur
Ellen MacArthur Foundation

Sustainable Packaging solutions or green packaging, which are gaining greater attention from end-users. The major processes used for sustainable packaging includes recyclable, reusable, and biodegradable. Furthermore the growth in the food and beverages industry is one of the major factors fueling the expansion of the sustainable packaging market.

  • Plastic free: plastic waste paint a terrifying picture of the world’s oceans in the years to come. Companies across industries aim to provide alternatives that offer the same flexibility, durability and cost-effectiveness while enhancing sustainability and depleting their environmental impact.
  • Bioplastics: According to European Bioplastics, a plastic material is defined as a bioplastic if it is either biobased, biodegradable, or features both properties. The results of the European Bioplastics’ annual market data update, presented today at the 13th European Bioplastics Conference in Berlin, confirm a stable growth of the global bioplastics industry.
Smart or active packaging solutions, which are those that monitor the condition of packaged food to give information regarding the quality of the packaged food during transportation and storage. These technologies are designed to the increasing demand for safer foods with increased quality, shelf life and convenience.

Such solutions usually involve the ability to sense or measure an attribute of the product, the inner atmosphere of the package, or the shipping environment. This information can be communicated to users or can trigger active packaging functions.

Packaging is becoming an important factor in the growth and success of products: innovative, customer-centric, sustainable packaging can deliver significant benefits to consumer and brands, while containing its environmental impact.

20% of food wastes result during the processing, storage and transport steps. Extended shelf-life of food leads to a reduction of food wastes, a subject for which consumers are very sensitive, and an interesting marketing lever for the food industry.

When it comes to packaging innovation, the following main areas are now being explored: sustainable packaging (plastic free or bioplastics) and smart or active packaging.

Beneficiaries

Young start-ups, spinoffs, researchers, professionals, PhD holders and PhD students. Also graduate and undergraduate students can apply (max. 5 teams are expected to be funded).

Application

Submission of applications using the online system by 23 October 2020 (extension of the first closure date). The list of selected projects will be made public by December 2020.

Agrofood Bic, at its sole discretion, and without the candidates having anything to claim, reserves the right to terminate the Call at any time, terminate the process of selection and evaluation of candidates, partially use the allocated budget, propose alternative investment formulas (e.g. convertible, aucap, mixed ...) or decide not to make any investment at all.

Agrofood Bic will always and in any case respect the intellectual property of the ideas of individuals and start-ups in every situation.

Criteria

Market opportunity score   1 to 5
Clarity of project presentation, comprehensiveness of contents   1 to 5
Competences of the proposer/team (established or pursued)   1 to 5

Confidentiality and Intellectual Property

The information contained in the application forms will be used by Sa Agrofood BIC exclusively for the purposes of the call and will not be disclosed or made accessible to third parties unless expressly authorized by the applicant(s), except for any third parties who need to access the information for the purposes of this call. The applicant(s) is/are the owner(s) of the intellectual and industrial property rights relating to information, data and knowledge developed before the start of the relationship covered by this call.

Privacy

When submitting their application, data subjects shall give their consent to the processing of their personal data. The data provided by candidates and participants in the program will be processed in accordance with the provisions of the EU Regulation 2016/679, or GDPR (General Data Protection Regulation) and any other applicable legislation on the protection of personal data, as well as the contents of the privacy policy that the participant accepts at the time of registration.

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