Ten Asia-Pacific based agri-foods tech start-ups will be selected as finalists by the jury through an extensive process that began in January 2024. The selection criteria include the importance of the problem addressed, technology and defensibility, impact, and capacity to scale. During this annual platform event and awards we will hear from experts on how technology can answer the problem of food sustainability, and all finalists will showcase their innovations, competing for the US$100,000 prize.<\/p>\n
Global food systems are facing numerous challenges, including land scarcity, overfished oceans, climate change, and resource constraints. Tech innovation can be a key solution to help build sustainable, resilient, and equitable food systems. <\/p>\n
With 4.5 billion people in a fragmented region, Asia needs a more developed innovation ecosystem to also address local challenges, such as its increasing urbanization, lower per capita GDP, vastly varying geographies, and evolving food consumption patterns. The Future Food Asia Platform, a first-of-its-kind, aims to foster collaboration, catalyse investments, and support agri-food tech entrepreneurs in the region to meet these challenges. <\/p>\n
From India-based String Bio, winner of the inaugural award in 2017, to XSights Digital, based in Australia, winner of the last edition, the winners have addressed a diverse range of systemic challenges with poise, determination, pragmatism, and vision. They are inspirations for the next cohort of entrepreneurs the sector is in dire need of.<\/p>\n
Isabelle Decitre, Founder, ID Capital said: \u201cWe are delighted to welcome IFC to the tight-knit community of stakeholders contributing to building the future of food, along with Cargill and A*STAR. As a leading financial institution IFC brings a long-term perspective on investing in this sector and signals the most promising sectors where high stakes meet high needs.\u201d<\/p>\n
\u201cA strong agribusiness sector is necessary to meet the global challenges of food insecurity, climate change, and surging demand as the world\u2019s population grows\u201d, said Anup Jagwani, Global Head, Agribusiness at IFC. \u201cThis is why agribusiness is one of our priority sectors at IFC, and supporting emerging technologies that can help food systems develop sustainably and equitably is a key component.\u201d<\/p>\n
Bringing expertise spanning across agri-food tech, the Jury is composed of:
\n\u2022\tJing Yu, APAC Commercial Director, Specialized Nutrition, Cargill
\n\u2022\tPoh Li Goh, Global Category Marketing Manager, Specialized Nutrition, Cargill
\n\u2022\tColin Lim, Acting Director, Food & Nutrition Cluster, A*STAR
\n\u2022\tAnup Jagwani, Global Head, Agribusiness, IFC
\n\u2022\tMarta Bogdanic, Senior Operations Officer, IFC
\n\u2022\tIsabelle Decitre, Founder, ID Capital<\/p>\n
For more information please contact: ffaa@idcapital.com.sg <\/p>\n
IFC:
\nAlec Macfarlane
\namacfarlane@ifc.org
\n+1 (202) 203 8324<\/p>\n
About Future Food Asia
\nFuture Food Asia is the platform developed by ID Capital, an investment and advisory company headquartered in Singapore specialized in the domain of AgriFoodTech. Through its awards, annual conference and other tailor made programmes it supports early stage innovators and startups contributing to building a future-proof food system across the entire Asia-Pacific region, where high growth meets high stakes. A pioneer in this vertical, ID Capital has contributed effort and capital in catalyzing the ecosystem in the region since 2016. ID Capital is also an Appointed Partner of Enterprise Singapore for its SEEDS Capital fund in the AgriFoodTech sector. For further enquiries please visit futurefoodasia.com and write to ffaa@idcapital.com.sg<\/p>\n
About Cargill
\nCargill helps the world\u2019s food system work for you. We connect farmers with markets, customers with ingredients and families with daily essentials\u2014from the foods they eat to the floors they walk on. Our 160,000 team members around the world innovate with purpose, empowering our partners and communities as we work to nourish the world in a safe, responsible, sustainability way. <\/p>\n
From the feed that reduces methane emissions to waste-based renewable fuels, the possibilities are boundless. But our values remain the same. We put people first. We reach higher. We do the right thing. It\u2019s how we\u2019ve met the needs of the people we call neighbors and the planet we call home for 158 years\u2014and how we\u2019ll do so for generations to come. For more information, visit Cargill.com and our News Center. <\/p>\n
About the Agency for Science, Technology and Research (A*STAR) About International Finance Corporation (IFC) Isabelle Decitre <\/p>\n
\nThe Agency for Science, Technology and Research (A*STAR) is Singapore\u2019s lead public sector R&D agency. Through open innovation, we collaborate with our partners in both the public and private sectors to benefit the economy and society. As a Science and Technology Organisation, A*STAR bridges the gap between academia and industry. Our research creates economic growth and jobs for Singapore, and enhances lives by improving societal outcomes in healthcare, urban living, and sustainability. A*STAR plays a key role in nurturing scientific talent and leaders for the wider research community and industry. A*STAR\u2019s R&D activities span biomedical sciences to physical sciences and engineering, with research entities primarily located in Biopolis and Fusionopolis. For ongoing news, visit www.a-star.edu.sg<\/a>. <\/p>\n
\nIFC \u2014 a member of the World Bank Group \u2014 is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org<\/a><\/p>\n
ID Capital Pte Ltd
email us here<\/a><\/p>\n
![\"\"](\"https:\/\/www.einpresswire.com\/tracking\/article.gif?t=2&a=DLP8WybJ9CPB2Fcv&i=OcnJu9A7-Hq-LiMD\")
<\/p>\n