Food Incubator Program ‘graduates’ at the Monash Food Innovation Centre spearhead the foods of tomorrow
Healthy bake mixes, natural low-salt seasoning, high-protein beef jerkys, and nut butters that are good for you and the planet, are among the first successful outcomes from the first hand-picked startups to complete one of the most robust incubator programs in Australia.
There were more than 100 applicants for the lucrative incubator program launched late last year and delivered by Chobani in partnership with Monash University and the Food Innovation Centre – but only five applicants were successful.
The first ‘graduates’ of the program will be honoured tonight at a special ‘Demo Day’ event held at the Food Innovation Centre at Monash University.
The companies to benefit from the program include: 99th Monkey, Oakleigh (VIC); Bake Mixes, Watsonia (VIC); Matcha Maiden, Malvern (VIC); Mingle Seasoning, Strathmore (VIC); and Kooee! Snacks, Launceston (TAS).
“We are delighted to be Chobani's cornerstone partner in its first Australian Incubator program,” said Food Innovation Centre CEO Dr Angeline Achariya.
“Monash is perfectly suited to support our food start-ups to grow and succeed,” she said.
“At the Monash Food Innovation Centre, we support businesses of all sizes to increase their chance of success with their innovations, and to stimulate growth in both domestic and international markets.
“To our ‘graduate’ companies, we wish you all the best on your future growth and look forward to seeing your succeed, and to the Chobani team - thank you for the opportunity to partner with us and we look forward to a second program in the near future.”
The Incubator program allows start-ups to capitalise on Chobani’s expertise in sales, marketing and customer engagement and to make use of the Food Innovation Centre’s facilities to support new product development.
The ultimate aim is to improve Australia's food industry.
Program participants also receive a $10,000 to help grow their business
Peter Meek, Managing Director of Chobani Australia said:“We’re so pleased and proud with the outcome of the first-class of our Australian Chobani Food Incubator program.
Not only have these companies and entrepreneurs become part of our Chobani family they have come away from the program with real applicable knowledge, experience and opportunities that can help their business grow.
We have three of the five companies pitching to Woolworths within the next month and one of our companies has developed a new product line during the program.
We’re excited to continue our relationship with these companies and also expand the Chobani Food Incubator Program to help more food entrepreneurs across the country bring better food to more people.”
For more information contact:
Silvia Dropulich Marketing, Media and Communications Manager, Science