Product development - Articles - Page 2

Industry News

Kraft Heinz launches $100 million venture capital fund

The fund will invest in emerging tech companies transforming the food industry

October 8, 2018

Kraft Heinz has launched a new venture capital fund to invest in emerging tech companies that are transforming the food industry. Kraft Heinz has committed up to $100 million to the fund, named Evolv Ventures, and has hired investor Bill Pescatello to lead the fund.

Industry News

Six companies selected for Land O'Lakes Dairy Accelerator Program

Three-month program will provide mentorship to dairy entrepreneurs

Casey Laughman

September 5, 2018

Six dairy companies have been chosen to participate in the 2018 Land O'Lakes, Inc. Dairy Accelerator, which will provide tailored coursework and mentorship to dairy entrepreneurs.

People & Industry News

People and Industry News: June 2018

June 8, 2018

Announcements about new hires, staff promotions, association news, awards, mergers and acquisitions.

Innovation

Lemonade company selected for Kraft Heinz Springboard Incubator Program

Company is the only one with a female owner chosen for the program

Casey Laughman

May 16, 2018

Poppilu, a Chicago-based maker of antioxidant lemonades, has been selected for Kraft Heinz's first Springboard Incubator program. Poppilu founder Melanie Kahn is the only female business owner chosen for the program.

Editor's Note

Processors must overcome fear to drive innovation

Don't let fear of failure stand in the way of innovation

Debra Schug

March 9, 2018

We all want to know what the next big thing will be, but there is the fear we’ll bet on the wrong horse. And that fear is very real when you are betting millions of dollars on product development.

Product Development

How Smucker deals with FSMA during product development

Chris Cetner, of The J.M. Smucker Co., talks about how the company overcame FSMA-related hurdles to bring its Pillsbury Filled Pastry Bags to market.

Crystal Lindell

February 21, 2018

Taking a package from concept to reality has become a lot more difficult in recent years in large part because of the Food Safety Modernization Act.

Tips and strategies for driving food and beverage innovation

Managing people, capabilities and surprises are necessary to successfully launch new products.

Debra Schug

January 18, 2018

The vice president of innovation at Johnsonville says companies need to differentiate or they will die.

New Product Development

LiDestri shares 3 realistic tips for successful new product development

Outsourcing R&D can hasten the speed to market as well as help inform positioning and marketing decisions.

Debra Schug

January 16, 2017

Market research has proven that being the first in a category or introducing a novel flavor is beneficial. However, it isn’t always who is first, but who is doing it better.

TECH FLASH

Chobani seeks applicants for food incubator

The six-month Food Incubator program will provide the entrepreneurs with the resources—including a $25,000 grant—workspace and support to develop their ideas.

Jeremy Gerrard

July 28, 2016

Searching to invest in and cultivate like-minded emerging entrepreneurs, the company designed the program to help individuals and small food companies with big ideas “follow the path to challenge the food industry, improve broken systems and make a difference.”