|Hamdi Ulukaya, founder and chief executive officer of Chobani, announced the Chobani Food Incubator at the New York Times Food for Tomorrow Conference at Stone Barns in Westchester County, N.Y.|
NEW YORK — Yogurt maker Chobani has announced plans to open a “food incubator,” a program that will invest and cultivate entrepreneurs in the food and beverage space. The company will accept applications starting in December and select 10 companies to participate in the first round.
The program will give participants the resources, workspace and support to launch their respective products, according to the company. It will be based in New York City and include a commercial kitchen and office space.
The six-month program is designed to give participants access to Chobani’s leadership team and interact in classes and training programs. The company said it also will provide participants access to chefs and other executives throughout the food and beverage category.
“Today we’re opening our doors to entrepreneurs who share our vision for better food for tomorrow — food that’s natural and affordable,” said Hamdi Ulukaya, chief executive officer of Chobani. “Making a product the right way is not always easy, but we’ve proven that the model works. I’m excited to work with entrepreneurs who share our goal and who can benefit from our experience.”The incubator program will culminate in a demonstration day where each company will have the opportunity to present to food distributors and retailers.