Nestlé launches innovation challenges in SA and 5 other African countries
CAPE TOWN - Nestlé announced that it has launched a new Research and Development (R&D) innovation challenge in sub-Saharan Africa such as in South Africa, Ghana, Côte d'Ivoire, Kenya, Nigeria and Senegal.
The aim of the challenge is to provide a platform for startups and universities to contribute to local sustainable growth by bringing breakthrough ideas to the market.
The R&D innovation challenge is part of Nestlé’s Global Youth Initiative, which has the ambition to help 10 million young people around the world have access to economic opportunities by 2030.
Stefan Palzer, Nestlé chief technology officer said in a statement: "There is a growing number of Africa-based entrepreneurs and local researchers with creative ideas to address issues facing their communities. This R&D innovation challenge presents for our company an exceptional opportunity to leverage the outstanding creativity, while helping to turn the most promising ideas into reality."
The R&D innovation challenge calls entries to offer solutions across four areas: environmentally-friendly packaging solutions, sustainable cocoa plantlets, affordable nutrition and new routes to market.
During the accelerator programme, selected startups and university teams will have access to Nestlé’s R&D expertise and infrastructure, including shared labs, kitchens and pilot-testing equipment.
Written by: Staff Writer.
Guzzle Media
