Chobani To Launch Food Incubator

Nov. 19, 2014
New York City facility will allow Greek yogurt pioneer to invest in and help scale entrepreneurial food companies.

Chobani Inc. in November announced plans to open the Chobani Food Incubator, a program to cultivate emerging food entrepreneurs. Chobani Food Incubator will invest in, support and scale young and growing companies.

"Building on Chobani's mission to create better food for more people," as the media release said, the incubator will give food entrepreneurs the resources, workspace and support "to launch and disrupt their respective categories." The incubator will be based in New York City and will include a commercial kitchen and office space.

The six-month program is intended to provide classes, training and collaboration with the Chobani team. Chobani also expects to provide direct access to top chefs and food leaders in the industry using the company's food industry contacts.

"Today we're opening our doors to entrepreneurs who share our vision for better food for tomorrow — food that's natural and affordable," said Hamdi Ulukaya, founder and CEO of Chobani. "Making a product the right way is not always easy, but we've proven that the model works. I'm excited to work with entrepreneurs who share our goal and who can benefit from our experience."

The incubator program will culminate in a demo day where each company will have the opportunity to present to the leading food distributors and retailers.

Chobani will open the call for pitches from interested entrepreneurs in December and will select up to 10 companies to join the first roundSee more at chobanifoodincubator.com.

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