Nestlé Calls on Innovators to Take Part in R&D Challenge

By Soko Directory Team / June 18, 2019




By Wilkister Alao 

Nestlé has invited Kenyan innovators and entrepreneurs to take part in its ongoing Research and Development (R&D) innovation challenge in Sub-Saharan Africa as part of the company’s efforts to contribute to the local innovation system.

The challenge is aimed at helping boost local entrepreneurship and providing a platform for start-ups and universities to contribute to local sustainable growth by bringing breakthrough ideas to the market.

Speaking during a meet up with local developers in Kilimani, Nairobi, Nestlé East Africa Cluster Managing Director Njeru Ng’entu said Kenya is famed the world over for its innovative spirit. He called on local entrepreneurs to live up to the reputation by developing innovative and sustainable solutions.

“There is a growing number of Africa-based entrepreneurs and local researchers with creative ideas to address issues facing their communities,” he said. “This R&D innovation challenge presents for our company an exceptional opportunity to leverage the outstanding creativity while helping to turn the most promising ideas into reality,” he added.

READ ALSO: Nestlé launches bid to empower the youth and women to participate in coffee production 

In a bid to engage with local start-ups, Nestlé has partnered with Kinaya Ventures, based at the Nairobi Garage, as part of the Spring Fellowship Program which is designed to accelerate corporate start-up partnerships and catalyze digital entrepreneurship.

Kenyan innovators will compete with their counterparts from West and Central African universities to submit solutions, as the R&D challenge seeks to work collaboratively with start-ups 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 challenge calls for novel solutions across four areas: environmentally friendly packaging solutions, sustainable cocoa plantlets, affordable nutrition, and new routes market.

The selected team will then enter an accelerator program to help advance and potentially commercialize their ideas.

During the accelerator, the start-up will have access to Nestlé’s R&D expertise and infrastructure at the R&D Centre in Abidjan, Côte d’Ivoire, including shared labs, kitchens, and pilot-testing equipment.

At the end of the accelerator, teams will have the opportunity to pitch their proof of concept to Nestlé management.

Other countries participating in the Nestle R&D innovation challenge include Ghana, Côte d’Ivoire, Nigeria, Senegal, and South Africa.

READ ALSO: Nestlé’s Sub Saharan Africa Appoints new East Africa Head 



About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team


More Articles From This Author








Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE

ARCHIVES

2019
  • January 2019 (256)
  • February 2019 (216)
  • March 2019 (285)
  • April 2019 (254)
  • May 2019 (272)
  • June 2019 (251)
  • July 2019 (339)
  • August 2019 (293)
  • September 2019 (307)
  • October 2019 (158)
  • 2018
  • January 2018 (291)
  • February 2018 (219)
  • March 2018 (278)
  • April 2018 (225)
  • May 2018 (238)
  • June 2018 (178)
  • July 2018 (257)
  • August 2018 (249)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (284)
  • December 2018 (187)
  • 2017
  • January 2017 (183)
  • February 2017 (195)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (190)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (165)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (245)
  • June 2016 (182)
  • July 2016 (271)
  • August 2016 (248)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (108)
  • May 2015 (116)
  • June 2015 (120)
  • July 2015 (148)
  • August 2015 (157)
  • September 2015 (188)
  • October 2015 (169)
  • November 2015 (174)
  • December 2015 (207)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950