Nestle has launched a Research and Development (R&D) innovation challenge in Sub-Saharan Africa to provide a platform for startups and universities to contribute to local sustainable growth by bringing breakthrough ideas to the market. The challenge kicked off last month in Ghana and will take place in Cote d’Ivoire, Kenya, Nigeria, Senegal and South Africa.
The R&D innovation challenge calls for solutions across four areas: environmentally-friendly packaging solutions, sustainable cocoa plantlets, affordable nutrition and new routes to market. The goal is to work collaboratively with startups and universities to identify sustainable and scalable science and technology solutions that help to accelerate the innovation of products that meet local consumer needs. The initiative forms part of the multinational food and drink company’s efforts to contribute to the region’s innovation ecosystem.
To engage with local startups, Nestlé partnered with Kinaya Ventures as part of the Spring Fellowship Program, which is designed to accelerate corporate startup partnerships and catalyse digital entrepreneurship. The challenge also calls upon universities in Central and West African countries to submit solutions.
The R&D innovation challenge is part of Nestlé’s Global Youth Initiative, which has the ambition to help 10 million young people around the world have access to economic opportunities by 2030.