CHICAGO — SnackFutures, the innovation and venture hub at Mondelez International, Inc., is seeking to support “disruptively delicious” snack brands through its startup engagement program. In its third year, CoLab 2023 will focus on early-stage businesses that are “pushing the boundaries of what’s possible in making a snack delicious, from flavors to experience to sustainability to packaging,” according to the company.
All participants must fit within the SnackFutures ethos of being “good for people, kind to the planet and deliciously fun.” Applicants also must be based in the United States, generating at least $1 million in revenue with high growth potential, while aligning with Mondelez International’s innovation priorities.
“To be launching a third class of CoLab demonstrates Mondelez International’s commitment to thinking and behaving as a consumer-centric, future forward leader in snacking,” said Brigette Wolf, vice president and global head of SnackFutures at Mondelez International. “The startups that participate in this program tell us they are blown away by the access and attention they get from our experts and ecosystem; and our leaders and employees are inspired by the drive and discipline of these entrepreneurs.”
CoLab offers workshops, one-on-one mentorship and hands-on experiences to early-stage snack businesses. Mondelez provides tools, technologies, access to company leadership and industry expertise while gaining insights, capabilities and potential investment opportunities. The 12-week program begins in April.
Snack brands participating in previous classes included Bunny James Boxes, Every Body Eat, GoNanas, Moonshot, Nunbelievable, Oat Haus, Pan’s, Popcorn for the People, Wonder Monday, Yolélé, Better Bites Bakery, Chasin’ Dreams Farm, Elite Sweets, Numa, NuSkool, Snacklins, Sourse, 12 Tides and Love, Corn.
Entrepreneurs may learn more and apply at snackfutures.com. Applications will be accepted through December.Ms. Wolf, alongside additional SnackFutures executives, will be speaking at the Food Entrepreneur Experience free virtual event on Oct. 26. Learn more and register at foodentrepreneurexperience.com.