IKEA is taking a new step towards making healthy and sustainable food more affordable and desirable to the many people. To realize the ambition, IKEA of Sweden, with the assignment to determine and develop the IKEA product range, is running a program around food innovation, aiming to find ventures who work in the food area to potentially collaborate with. Through this program, IKEA wants to co-create with start-ups around the world to find sustainable and innovative solutions to accelerate the food revolution.
Sponsoring Agency: Impact Hub
Type of Fund: Events, Workshops and Conferences
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 05/19/2021
Size of the Fund: Not Available
IKEA is taking a new step towards making healthy and sustainable food more affordable and desirable to the many people. To realize the ambition, IKEA of Sweden, with the assignment to determine and develop the IKEA product range, is running a program around food innovation, aiming to find ventures who work in the food area to potentially collaborate with. Through this program, IKEA wants to co-create with start-ups around the world to find sustainable and innovative solutions to accelerate the food revolution.
On behalf of IKEA of Sweden, Impact Hub is searching for new ideas and innovative solutions to co-create pilots within the following areas:
• Plant-based alternative protein sources as ingredients or meat alternatives
• Solutions for re-use of food by-products and waste
The Ikea Food Innovation Program is organized and implemented by IKEA of Sweden AB and Impact Hub GmbH.
High Level Objectives of the Program
The IKEA Food Innovation Program aims to:
• Identify 3-6 relevant and scalable start-up solutions in plant-based meat replacements or algae-based proteins and circular usages of by-products from protein value chain;
• Prepare startups for pilots with IKEA, support pilots execution and evaluate pilots;
• Provide training and participating support to IKEA employees throughout the process.
Eligibility Criteria and Selection
Participation in this program is open to all impact-driven ventures who are trying to tackle the two Ikea business challenges,
• Plant-based alternative protein sources as ingredients or meat alternatives. They want to meet the needs of the many people giving them alternatives to choose from when they interact with IKEA. In this work they are looking for partners who can co-create and innovate alternative protein source that fulfils the IKEA democratic design principles and has a positive impact on people and planet and which is accessible to the many people.
• Solutions for re-use of food by-products and waste. A circular thinking is a smart way to save both the planet from waste and also money out of the wallets for our customers. IKEA wants to investigate how this could be done in a holistic way looking into their own and their suppliers’ waste streams to find potential resources for new and innovative materials, products and solutions.
And who fulfill the following criteria:
Should be able to fit scale and processes in IKEA
• Should be implementable at scale
• Should have thought about the supply chain aspect of circularity in terms of full valorization of side streams in particular
• Should be accessible (Delicious, healthy and sustainable food at prices the many people can afford. Reaching more of the many people through new customer meeting points with new food solutions.)
• Should have a good insight into CAPEX optimization to have good low-cost optimization at scale
Should incorporate all aspects of democratic design:
• Should be delicious, following an appropriate form (texture, palatability, etc)
• Should have a good nutrition profile – both from macro and micro-nutrients perspective
• Should be more sustainable from carbon footprint perspective
• Should be affordable at scale with right pre-conditions for low cost offer to IKEA customers
• Should be high on quality
Should match IKEA culture and values
• Simplicity
• Daring to be different
• Cost consciousness
• Lead by example
• Renew and improve
• Give and take responsibility
• Caring for people and the planet
• Togetherness
More information at: https://impacthub.net/join-the-ikea-food-innovation-program/
