Crowdsourcing software vendor Spigit says it is working with Unilever Foundry to help the company attract and connect innovators in sustainability. California-based Spigit is the Software-as-a-Solution (SaaS) platform that provides a single entry-point and connection mechanism for individuals, start-up companies and corporations who want to partner with Unilever Foundry and tackle its “challenges.” Applicants submit ideas to: improve global nutrition, imagine the “shower of the future,” boost access to toilet and sanitation solutions, and reinvent the laundry process to use less water. Since its founding in June 2015, Unilever Foundry IDEAS has received 300 proposals from entrepreneurs around the world.
"Spigit Powers Unilever Foundry IDEAS Innovation Platform", News release, Spigit, December 03, 2015
Teijin Frontier, a subsidiary of Teijin Ltd., developed a new textile fiber, which contains a skincare ingredient. Described as a “wearable cosmetics” clothing range, the polyester fibers contain malic acid that helps retain the skin’s low acidity to keep the skin healthy. Also, the fiber releases compounds that interact with the skin’s moisture to improve beauty.
"Japanese chemical maker develops fiber for "wearable cosmetics"", Global Post, December 01, 2015
General Mills has changed the strategy for its internal new venture development unit 301 Inc. The three-year-old unit will emphasize investment in small regional start-ups that have the potential to make big – and innovative – waves in the food industry. The idea is to provide capital to the start-ups to help smooth their way to significant market share. One example of the new strategy involves plant-based food maker Beyond Meat. General Mills took a minority stake in the company two years ago, and since then has helped it solve supply chain challenges. Beyond Meat is working on new products that General Mills hopes will reach grocery shelves early next year.
"General Mills is starting a VC for food startups", Fortune, October 22, 2015
Marketing Week, December 11, 2015
The Financial Times, December 07, 2015
The Economist , November 21, 2015
Mashable, November 17, 2015
Harvard Business Review, November 05, 2015