Huhtamaki has partnered with Food System 6 (FS6), a US-based non-profit, on a start-up program designed to accelerate the development of companies working towards a circular economy.
The program will aim to identify and develop early-stage companies with innovative and promising sustainable solutions in areas such as waste diversion, sustainable packaging alternatives, new materials innovations, and regenerative production models.
“Our program is happening at a critical time. The COVID-19 crisis has exposed the vulnerabilities that already existed in our fragile food system,” says Caesaré Assad, CEO of FS6. “We need solutions now that will support regeneration and circularity across agriculture, food distribution, and production. By supporting entrepreneurs, we can rectify the problems that impact people and our planet to create a stronger, resilient, and equitable world.”
Through its partnership with Huhtamaki, FS6 will provide mentorship, advice, and networking resources to give direct support to selected participants, with the twin goals of helping to build on their ideas and working towards building to scale. In addition, up to $300,000 in equity-free grants will be disbursed to eight selected companies.
“At Huhtamaki we know we need to act today, educate for tomorrow, and take bold innovative bets if we are to deliver viable sustainable solutions for future generations. Creating a circular economy is one of the most important steps towards delivering a sustainable food system. We have partnered with Food System 6 to discover, develop, and deliver innovative solutions,” said Charles Héaulmé, president and CEO of Huhtamaki. “Huhtamaki is committed to protecting people, food, and the planet. Our partnership with Food System 6 is an important part of creating the future we believe is possible.”
The Huhtamaki Circular Economy Startup Program by Food System 6 is open for applications, with a submissions deadline of August 15. More information about the application process and guidelines can be found here.