The cohort, selected from 215 applications, comprises:
- Generation Fresh – Providing wholesome kids’ snacks to school districts and retailers.
- Ozuké – Providing organic raw krauts and kim chi, produced in a zero-waste facility.
- Seal the Seasons - Providing local frozen fruit and veg.
- Unify Water – Providing spring water bottled directly at the source in Tennessee.
Led by Plum Organics founder Gigi Lee Chang, FoodFutureCo deals with companies that are already established, but need money and expertise to get to the next level.
“These companies not only have great products and brands/branding, but a mission that is changing the future of our food system," said Lee Chang. “It isn’t enough these days to have a great concept — consumers, retailers and investors are looking for companies with a higher purpose.”
The accelerator – which typically looks to take a 6-8% equity stake in participating businesses - has two cohorts per year, with each program running for five months.
Participants get intensive coaching in all areas required for running and scaling up a business, as well as mentoring from a team of seasoned food & beverage entrepreneurs, investors and strategists.