STARTUP PROGRAMS 2020 - FoodBytes!
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WHAT IS FOODBYTES? FoodBytes! is the discovery and engagement platform that champions cross- industry connection and collaboration between forward-thinking Pitch is a digital discovery Pilot is a tailored startups and industry leaders in the food and program that connects the best and corporate-led collaboration program agriculture industry. brightest startups with industry leaders, that pairs industry leaders with through structured mentor sessions, emerging companies through one-on-one investor meetings and structured pilots. Together, they tackle corporate introductions, culminating a specific goal or industry challenge in a pitch competition. over a 6-9 month period.
WHAT IS FOODBYTES? CRITERIA PITCH Robust, diverse team Validated business model Focus on people, profit & planet brings together the Collaborative mind-set BEST AND BRIGHTEST emerging companies who have a: Validation or growth stage business PILOT Pilot selection is primarily dependent on a specific match with a corporate’s identified innovation goals, with the above criteria factored in
WHAT IS FOODBYTES? PROCESS STEP 1 : Fill out the Interest Form on our Website STEP 2 : Internal review process 15% Get Selected 10% Get Matched to Pitch for Pilot STEP 3 : You’re in our Alumni Network! Webinars with Client Events and Exclusive Rabobank Online Community industry experts Presentations Sector Research And More
WHAT IS FOODBYTES? BENEFITS ALUMNI ECOSYSTEM BENEFITS Alumni receive: Ongoing mentorship from Tailored investor connections industry experts Industry insights / financial advisory from Rabobank network Ongoing digital content 350+ and programming alumni Peer-to-peer camaraderie via alumni network $500M in funding raised Access to new customers Structured, effective engagement since participating and partners with corporate partners (Pilot only) 300+ corporate leaders 25,000 digital network
WHAT IS FOODBYTES? BENEFITS HEAR FROM OUR COMMUNITY FoodBytes! exceeded The FoodBytes! Team Entrepreneurs my expectations on response to COVID-19 absolutely need to join every parameter: degree has been the most FoodBytes! for the of help, quality of relevant for us, it has exposure, the connections, attention really been impressive. knowledge, and the paid to entrepreneurs' The insights help me camaraderie gained experience. I came away get a pulse of how the by being around with new connections in industry envisions the amazing food startups. the fields of finance, repercussions of the The partnership and sales, and potential crisis. information is partnerships in supply invaluable. and marketing. Marc-Andre Roberge Nectar Sarah Renahan Philip Teverow The Worthy Company Yolele
FoodBytes! Pitch has had direct FOODBYTES PROGRAMS impact on our business growth in terms of both funding and sales. We met one of our target accounts PITCH through the program and are commercially following up with them. In an increasingly digital environment, we have adapted our 2020 programming to offer unique Anushi Desait value and connections. Plant Pops 45 START-UPS VIRTUAL BOOTCAMP: Mentoring and workshops tailored to business needs STARTUP PITCH SPRINTS: With investors, corporates and expert panel of judges PITCH: Live production of pitches from 15 finalists
58+ pilots completed FOODBYTES PROGRAMS Benefits: Pilot Outcomes: PILOT Industry validation Product co-development PROGRAM Due diligence for investors Commercial partnerships Accelerated growth through A structured pilot program of 6 to 9 months Licensing agreements access to corporate resources to tackle a specific goal or challenge with Adapt your technology to industry leaders. New customer relationships new industries Access to scale Investment Startups: You will not believe the value that you get from this program. FoodBytes! Pilot is the best thing that we’ve done yet and it’s helped us grow an incredible amount in the past 6 months. Megan Klein Field + Farmer
FUNDING FoodBytes! gave us an unparalleled AFFILIATED RABOBANK platform to communicate our value proposition to the industry and investment community. The Rabo F&A FUNDING OPPORTUNITIES Innovation Fund ultimately ended up leading our Series A investment round. Andrew Diprose Rootwave FUNDS Invests Seed to Series B equity in Euro 150m strategic fund Venture capital investor in Venture capital investor in early food and ag startups for which that invests Series B and beyond companies tackling agriculture, stage food and beverage consumer Rabobank can add value through equity in SaaS solutions in Fintech animal health and nutrition. product companies achieving its network. and AgTech. $1mm in trailing 12 month sales. EQUITY PRIVATE PLACEMENT EQUIPMENT FINANCING Equity Private Helps emerging growth companies with capital Offers equipment financing for companies Placement raises of 10M+, leveraging Rabobank’s network of operating across F&A sector. strategic and institutional investors. Exclusive digital alumni office hours with EPP Exclusive digital alumni office hours for equipment team and sector analysts for fundraising insights. leasing and debt financing insights.
CONTACT US @FoodBytes Fill out our interest form to get involved foodbytesworld.com/apply-to-pitch-2/ Subscribe to our newsletter: @FoodBytesbyRabobank foodbytesworld.com Nina Meijers, Startup Relationships nina.meijers@Rabobank.com Trevor Sieck, Startup Relationships trevor.sieck@Rabobank.com FoodBytes! by Rabobank Sonia Shekar, Scouting and Insights sonia.shekar@Rabobank.com
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