Mondelēz International's Global R&D Team Opens Applications for Second CoLab Tech Program

• CoLab Tech is Mondelēz International's R&D accelerator program for emerging food technology start-ups
• Up to ten companies will be selected in the areas of nutrition, ingredients, packaging and sustainability
• The 8-week program will include virtual sessions, 1:1 mentorship, and the potential for proof of concept testing
• Applications are now open to companies globally at www.snackfutures.com

CHICAGO, IL / ACCESSWIRE / May 16, 2024 / Mondelēz International, Inc. (NASDAQ:MDLZ), announced that applications are now open for the second year of its CoLab Tech program. This accelerator program, led by Mondelēz's global R&D team, seeks early-stage companies that have developed innovative technologies in nutrition, ingredients, packaging, and sustainability.

CoLab Tech plays an important role in Mondelēz's growth strategy to accelerate innovation in its core categories of chocolate, biscuits, and baked snacks The selected cohort will provide the R&D team with early access to new capabilities that can help in the development of breakthrough products and platforms.

"Our R&D team is at the forefront of Mondelēz's commitment to empowering people around the world to snack right," said Ian Noble, VP of R&D at Mondelēz International. "As consumers increasingly prioritize personal well-being, planet positive choices, and more interesting eating experiences, we need to look to groundbreaking entrepreneurs who have developed new tools and technologies that enable us to continue leading the future of snacking."

This year's CoLab Tech priority areas are:

• Packaging: Materials that are recyclable, high performing, and flexible; can enable a low environmental impact; and can support premium products.
• Ingredients: Enable innovation in core categories of chocolate, biscuits, and baked snacks with clean, ‘free from' ingredients; sugar and calorie reduction; plant-based positive nutrition; functional actives; and elevated sensorial experiences.
• Sustainability: Can reduce environmental impact through water and energy optimized ingredient mixing and product forming solutions; more efficient and sustainable heating processes; efficient selective concentration and recovery of compounds; and novel bio-gas generation and supply solutions.

Paula Hemerly, CoLab Tech Program Manager, said the first CoLab Tech cohort has already demonstrated the value of ‘big and small' working together to accelerate the promise of food technology.