The second edition of the FoodTech Challenge has been formally launched by the UAE Ministry of Climate Change & Environment, Tamkeen, in collaboration with ASPIRE.
The FoodTech Challenge aims to identify the next generation of technological innovations that have the potential to transform traditional agricultural methods in a cost-effective and long-term approach.
The competition invites innovations related to two critical tracks: ‘food production’ to address the availability and abundance of food and explore ‘next gen’, nutrient rich alternatives, and ‘food loss and waste’ to ensure sustainability across the food supply chain and the planet more broadly. It is aimed at early-stage start-ups ranging from international university-based research teams to individual entrepreneurs and small companies.
With a pooled prize of up to $2 million, winners will be given the opportunity to scale-up their business model in the UAE, with R&D, start-up acceleration, commercial incentives, and mentorship to help them get their ideas from the lab to the market. Applications are being accepted from all across the world, with a focus on countries having a high concentration of agri-tech.
Applications to the FoodTech Challenge are now open!
Visit foodtechchallenge.com to find out how to join the Challenge!