After completing the training A a thousand new innovationators in alt proteins ecosystem medium The previous two programsTHe Good Food Institute India (GFI India) has announced the launch of the third edition of its flagship initiative, The India Smart Protein Innovation Challenge 2023 (ISPIC).
this yearof the challenge Focuses on ideas and innovations in white spaces across the value chain of plant-based, cultivated, and fermented proteins.
“We look forward to the impactful ideas that will emerge from this year’s cohort as well.”
ISPIC launched for the first time in 2020 to create a vibrant ecosystem of innovators, entrepreneurs, researchers and investors to accelerate the development of smart proteins for sustainable and equitable food systems.
dominant idea
Devika Suresh, Innovation Specialist at GFI India and Challenge alumna, said: “With each passing year, we see more talented innovators bringing their unique perspectives and solutions to the table and we look forward to the impactful ideas that will emerge. As well as this year’s team.”
The comprehensive six-month program will provide participants with exclusive resources, webinars and expert advice from industry and academia. The finalists will pitch their ideas to a panel of investors and industry experts at a Smart Protein Demo Day, with a chance to win a cash prize worth Rs 1 lakh (Rs 100,000) each.
Innovative food solutions
ISPIC is run in partnership with Spectrum Impact, a family office committed to solving large-scale social problems through innovative solutions. The program is also supported by several academic partners and BRINC – a venture accelerator firm that will provide participants with access to training resources and an extensive network of startup and business mentors around the world.
Previous ISPIC participants include:
“Novel food solutions are at the forefront of solving some of the most pressing issues of our generation and as an organization committed to climate-positive action, we are excited to partner with Good Food Institute India,” said Mirik Gogri from Spectrum. effect
The program is open for applications from startups, entrepreneurs and students till May 24, 2023.