Nestlé Launches An Innovative Entrepreneurship Platform For Young Innovators And Entrepreneurs
Aug. 27, 2022, 1:53 a.m.
Nestlé, as part of its Global Youth Initiative, has launched the Nestlé Youth Entrepreneurship Platform (YEP), a new digital platform for young innovators and entrepreneurs.
The platform is for entrepreneurs who want to learn new knowledge and skills, test an idea or grow their businesses in areas ranging from food science and technology to develop products and services - including regenerative agriculture and sustainable packaging.
YEP brings together all of Nestlé's existing innovation initiatives and programs in one place. The platform gives young innovators access to The Nestlé Entrepreneurship Academy plus dedicated programs to grow knowledge, learn new skills, and gain experience. It also offers customized content and resources from specific geographies.
Stefan Palzer, Nestlé CTO, said, "At Nestlé, we work with startups, entrepreneurs, innovators, and researchers to drive innovation, bring good ideas to market fast and provide nutritious, sustainable, and affordable products for a growing world population."
"Our new digital platform supports young people to bring great ideas to life across the food value chain, shaping the future of food!"
Key programs available on Nestlé's Youth Entrepreneurship Platform include:
Nestlé R+D Accelerator: entrepreneurs can apply for challenges at one of Nestlé's 12 Accelerators worldwide to focus on developing disruptive food and beverage innovations and bringing them to market in six months. Participants can work with Nestlé's R&D experts worldwide, such as food technologists, nutritionists, regulatory and food safety experts, designers, and packaging experts. Each team also receives hands-on support from true innovation coaches and Nestlé's senior management mentoring.
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Numerous Nestlé market initiatives. For example, Ignite Ideas (Nestlé Hellas) supports startups and individuals; Reto Culinario (El Salvador) is an entrepreneurial contest and TV show that showcases youth culinary innovation; CEO X Youth Connect (East and Southern Africa) enables young people to engage with CEOs of large companies active in Nestlé's Alliance for YOUth.
According to the International Labour Organization (ILO), two out of every five young people are unemployed or have a job that keeps them in poverty. For this reason, Nestlé launched Nestlé Needs YOUth in 2013. The company's Global Youth Initiative helps young people gain the skills they need to thrive in tomorrow's workplaces. Around the world, it has benefited more than 4 million young people across the three pillars, employability, agripreneurship, and entrepreneurship.
Entrepreneurship can be a positive choice, unlocking innovation, skills, and energy to drive economic and social progress. Through the new platform, Nestlé is encouraging this, investing in early-stage companies, and helping young entrepreneurs put their ideas into practice.
"Young entrepreneurs need guidance, support, and opportunities and platforms where their voices can be heard and their ideas realized. This includes building their knowledge and skills, testing their ideas in real-life situations, getting feedback from their audiences, and receiving support to take their concept to the next level," said Laurent Freixe, Nestlé's CEO for Latin America and founder of the Nestlé Needs YOUth initiative.
"The Nestlé Youth Entrepreneurship Platform will help equip them with the skills, experience, and mindset they need to kick-start their idea and business."
Access to the Nestlé Youth Entrepreneurship Platform is free, presenting an attractive opportunity for young innovators to transform the future of food and collaborate with Nestlé toward a regenerative food system at scale.
Would you like to develop your skills? Grow an idea? Gain experience? Check out the Nestlé Youth Entrepreneurship Platform and discover the possibilities available.
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