A current graduate of the Plug and Play Topeka accelerator secures partnership with Cargill, a program associate.
“It’s thrilling to see this partnership come to fruition, because it represents the facility of our Topeka accelerator. Seeing our company companions wish to interact at this degree with this system’s startups is precisely why we do what we do,” stated Lindsay Lebahn, program supervisor for Plug and Play Topeka.
TOPEKA, Kan. (PRWEB)
March 16, 2022
Plug and Play Topeka, a worldwide innovation platform and accelerator, introduced at the moment that Cargill Inc. will associate with startup StenCo LLC, an organization specializing in sustainable and biodegradable packaging. Via the partnership, StenCo will create an oxygen-excluding, biodegradable barrier for a variety of Cargill merchandise.
StenCo is a current graduate of the Plug and Play Topeka accelerator, whereas Cargill is without doubt one of the three founding companions of this system.
“Cargill is targeted on exploring the numerous advances in science and expertise that allow the event of recent merchandise, methods of working and options for our clients,” stated Florian Schattenmann, Cargill’s chief expertise officer and vp of analysis and improvement. “We’re excited to associate our R&D capabilities with StenCo’s workforce of innovators, with the aim of collectively bringing cost-efficient, sustainable improvements to market.”
This partnership will incubate international innovation round sustainable packaging, particularly by addressing challenges that different packaging options can’t, corresponding to the flexibility to create biodegradable packaging for merchandise with excessive water contents. Cargill’s international attain will assist StenCo enter new geographic areas, discover new clients and develop. Cargill will deliver scale, a broad experience and the energy of a worldwide provide chain.
“It’s thrilling to see this partnership come to fruition, because it represents the facility of our Topeka accelerator,” stated Lindsay Lebahn, program supervisor for Plug and Play Topeka. “Seeing our company companions wish to interact at this degree with this system’s collaborating startups is precisely why we do what we do. It factors to the standard of startups we’re bringing to the world, and to the modern concepts and merchandise each brings to the desk. We hope that is just the start of many extra strategic partnerships to come back.”
The Plug and Play Topeka program goals to facilitate alternatives for pilot packages, proof of idea (POCs), and new relationships between every chosen batch of startups and Plug and Play’s international ecosystem. Plug and Play Topeka chosen StenCo as a part of its first batch of startups in April 2021.
“StenCo’s mission is to create packaging supplies which might be higher for the atmosphere, specializing in affordability and sustainability whereas defending the merchandise of world-class shopper manufacturers like Cargill,” stated John Brown, CEO of StenCo. “We vastly stay up for working carefully with Cargill’s industry-leading R&D and expertise groups to create an oxygen-excluding, biodegradable barrier for Cargill’s packaging supplies. Working with Plug and Play, GO Topeka and Cargill has been an distinctive expertise, and we’re extraordinarily excited to develop the partnership additional.”
“Sustainability and greenhouse gasoline discount are prime priorities for Cargill, clients and shoppers,” stated Heather Tansey, Cargill’s vp of environmental sustainability. “We’re dedicated to collaboration throughout our full provide chain to handle sustainability challenges, together with packaging improvements and materials-use discount. Early-stage partnerships corresponding to this allow Cargill to discover and assist potential industry-changing efforts.”
The Plug and Play Topeka startups undergo three-month-long accelerator packages geared toward serving to the companies get off the bottom. Such packages present mentorship, sources and workplace area, and there’s a 70% common success price for firms that undergo a Plug and Play accelerator program, measured in follow-on capital raised.
“Partnerships like these are exactly why GO Topeka is proud to have the Plug and Play animal well being accelerator in our metropolis,” stated Molly Howey, president of GO Topeka. “StenCo represents the way forward for sustainable packaging, and their modern processes are going to raise Cargill’s capacity to handle provide chain sustainability points. We stay up for working with the StenCo workforce to proceed displaying them our group’s worth as they develop and broaden within the years to come back.”
Companies and startups excited about Plug and Play’s Animal Well being and Agtech Program in Topeka can apply right here: https://www.plugandplaytechcenter.com/join/
About Plug and Play
Plug and Play is the main innovation platform, connecting startups, firms, enterprise capital corporations, universities and authorities businesses. Headquartered in Silicon Valley, we’re current in 35+ areas throughout 5 continents. We provide company innovation packages and assist our company companions in each stage of their innovation journey, from schooling to execution. We additionally set up startup acceleration packages and have constructed an in-house enterprise capital to drive innovation throughout a number of industries the place we have invested in a whole bunch of profitable firms together with Dropbox, Guardant Well being, Honey, Lending Membership, N26, PayPal and Rappi. For extra data go to https://www.plugandplaytechcenter.com/
Cargill’s 155,000 staff throughout 70 nations work relentlessly to realize our objective of nourishing the world in a secure, accountable and sustainable means. Day by day, we join farmers with markets, clients with components, and folks and animals with the meals they should thrive. We mix 155 years of expertise with new applied sciences and insights to function a trusted associate for meals, agriculture, monetary and industrial clients in additional than 125 nations. Aspect-by-side, we’re constructing a stronger, sustainable future for agriculture. For extra data, go to Cargill.com and our News Center.
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