The Future Global Food Systems Challenge with Prize Pool up to $1M
Applicant criteria
- No specific age required
- Both
Opportunity criteria
Opportunity description
Hosted by the Institute of Food Technologists and funded by the Seeding The Future Foundation, the Future Global Food Systems Challenge is intended to support innovations that have the potential for significant impact at scale and over time, and benefit at least one or more of the following intersecting domains: nutritious food for a healthy diet; sustainably produced; and accessible, appealing, affordable, and trusted by consumers.
More info on challenge here.
Benefits
The Future Global Food System Challenge will provide monetary awards in the form of grants and prizes totaling up to one million US dollars annually. The Challenge will provide three levels of awards to incentivize transformative food system innovations at different stages of their development:
- Seed Grants ($25,000 each) will be awarded to organizations that are planting and nurturing high-potential, innovative ideas and have developed a prototype and/or initial proof of concept demonstrating feasibility. Innovation must benefit at least one, ideally two domains of the Innovation Focus Area without negatively impacting the others.
- Growth Grants ($100,000 each) will be awarded to organizations that have demonstrated that their innovation is doable and have projected both economic feasibility at scale and high-impact potential to transform the food system. The innovation must benefit at least two, ideally three domains with no negative impact on the others.
- Seeding The Future Grand Prizes ($250,000 each) will be awarded to organizations that have created innovations that are scalable, economically feasible at scale, trusted, and compelling to consumers, and have demonstrated major impact potential to transform the food system. The innovation must benefit at least two, ideally three domains with no negative impact on the others.
Eligibility criteria
- To be eligible for an award, the project must be innovative and lead to new advances that benefit at least one but ideally more than one of the intersecting domains of the Innovation Focus Area, shown in the diagram below, while not negatively affecting any of the other domains. Innovations that benefit two or more domains and are at an advanced development stage are eligible for the highest award levels.
- The following organizations are eligible to compete in the Challenge:
- Non-profits located in any country
- Academic or research institutions located in any country
- Early-stage or emerging U.S. or European based for-profit companies ('small companies')
- Individuals are not eligible to apply. Please note, however, that teams of students or researchers may participate as part of an organization’s submission. Organizations are encouraged to form teams to compete in the Challenge. If two or more organizations form a team to compete, they should choose one of the organizations to serve as the applicant.
- For selection criteria, what challenge won’t fund see here.
About Institute of Food Technologists (IFT):
Since 1939, the Institute of Food Technologists (IFT) has been a forum for passionate science of food professionals and technologists to collaborate, learn, and contribute all with the goal of inspiring and transforming collective scientific knowledge into innovative solutions for the benefit of all people around the world. As a scientific community grounded in purpose, IFT feeds the minds that feed the world.
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