SPACE-F, the global FoodTech startup Incubator and Accelerator Program, headquartered in Bangkok, Thailand, announces Batch III of its FoodTech program. Established through cooperation between the National Innovation Agency (Public Organization) or NIA, Thai Union Group PCL, and Mahidol University, SPACE-F runs an innovative curriculum based on networking and mentorship meant to pioneer DeepTech innovation with FoodTech startups – responding to the trends of the food industry.
The applications for SPACE-F Batch III are open now until 22 November 2021, with a maximum of 20 startups to be selected, for both the Accelerator and Incubator Programs. The Accelerator Program runs for five months and is designed around strategic partnerships and scaling up, while the Incubator Program runs for nine months with the aim of product development and launch. Batch III of this program is powered by Nest ASEAN.
“At NIA, we have the sole aim of enhancing National Innovation Systems (NIS) of Thailand, a process based on strategic cooperation with innovative organizations across the country and all over the world,” says Dr. Pun-arj Chairatana, Executive Director of the National Innovation Agency (Public Organization). “With SPACE-F Batch III, we look forward to supporting and developing startups who are innovating in DeepTech and working towards advancing the future of food; as well as driving Bangkok to be known as the ‘FoodTech Silicon Valley of the world’.”
“As a leading agent of change for the advancement of the seafood industry, Thai Union recognizes that collaboration with innovative FoodTech startups is the way to drive the future of food. SPACE-F provides a collaborative ecosystem for FoodTech startups to work with strategic partners to bring their products to market in Thailand and across the world,” says Thiraphong Chansiri, CEO of Thai Union Group PCL.
Some of the notable startups from Batch II, 2020, include Avant Meats, a company that has worked extensively cultivating and reengineering fish cell tissue, as alternative meat. IXON Food Technology, tackling the issue of shelf life with food packaging that sterilizes high perishable items at low temperatures. Profile Print, the first company in the world to have patented AI food fingerprinting technology, that is tackling issues in the entire food supply chain. Yindii, an innovative App-driven organization that is tackling food waste, particularly in the restaurant space.
“There is no doubt that food is the most important element for living and health, and that Mahidol University has a strong background in health research within food technology. With our mission to apply the knowledge to benefit mankind, it’s an honor to join the SPACE-F program. We look forward to engaging with food entrepreneurs from around the world,” says Prof. Banchong Mahaisavariya, M.D., President of Mahidol University.