Nestlé, today, inaugurated a new R&D Accelerator to drive innovation and speed-to-market of sustainable dairy products, as well as plant-based dairy alternatives.
Located at Nestlé’s R&D center in Konolfingen, Switzerland, the R&D Accelerator provides a world-class platform for start-ups, students and scientists to leverage Nestlé’s unique dairy and plant protein expertise to quickly bring products from ideation to commercialization.
Nestlé R&D Konolfingen is an integral part of the Swiss innovation ecosystem. It is the company’s largest research and development center for dairy products and plant-based dairy alternatives. The R&D center develops new product concepts for Nestlé’s dairy and infant nutrition businesses before they are introduced to consumers around the world.
Speaking at the inauguration, Mark Schneider, Nestlé CEO, said, “Innovation in milk products and plant-based dairy alternatives is core to Nestlé’s portfolio strategy, as well as our sustainability agenda. As a company, we have set ambitious climate goals. This is part of our promise to develop products that are good for you and good for the planet.”
The R&D Accelerator in Konolfingen features a fully equipped test kitchen, as well as a co-working office space. Internal, external and mixed teams will leverage Nestlé’s capabilities to bring novel ideas from concept to test shop in only six months. They will have access to Nestlé expertise and key equipment such as small to medium scale production equipment to facilitate the rapid upscaling of products for a test launch in a retail environment.
Thomas Hauser, Head of Global Product and Technology Development at Nestlé said, “Our goal is to provide start-ups, students and Nestlé scientists with key resources to quickly explore new ideas through a 6-month test and learn approach. By tapping into our expertise in food science, food safety, regulatory, manufacturing processes, and packaging, they can rapidly upscale and test new products in real market conditions.”
The R&D Accelerator in Konolfingen is part of Nestlé’s global R&D Accelerator initiative which was first launched at Nestlé Research in Lausanne, Switzerland.
HEADLINES YOU MIGHT HAVE MISSED FROM BRAND SPUR
AfCFTA to Expand Nigeria’s Non-oil Exports
The African Continental Free Trade Area (AfCFTA) is one major solution for the expansion of non-oil exports from Nigeria to foreign lands, the Federal Government stated on Sunday.
GE and Niger Delta Power Holding Company Successfully Restore up to 360MW in Nigeria Amidst COVID-19 Pandemic
GE, today, announced the successful rehabilitation of three 9E.03 gas turbines, at three Niger Delta Power Holding Company’s (NDPHC) Power Plants in Calabar and Sapele, Nigeria.
Tobacco responsible for 20% of deaths from coronary heart disease
Every year, 1.9 million people die from tobacco-induced heart disease, according to a new brief released today by the World Health Organization, World Heart Federation and the University of Newcastle Australia ahead of World Heart Day, marked on 29 September.
The OPEC Fund approves US$20m for SMEs in East Africa
The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favor of East African Development Bank (EADB). EADB will use the loan to support small- and medium-size enterprises (SMEs) and infrastructure projects in East Africa.
Instant Payments Transaction Values to Reach $18 Trillion by 2025, as Europe Leads Innovation
A new study from Juniper Research has found that the value of instant payments, where transactions are completed within ten seconds, will reach $18 trillion in 2025, up from $3 trillion in 2020; a growth of over 500%. This represents 17% of all B2B and consumer digital money transfer and banking payments by value in 2025.
Why our Co-founder, Akinboro, resigned; staff sacked – Cellulant
Cellulant Nigeria Limited on Friday said the irregularities the company found on one of its platforms, Agrikore, was the reason behind the co-founder’s resignation and some staff being sacked.