Mondelēz International has revealed details of a new partnership with one of the largest food incubation spaces in the US to fuel its snacking innovations.
The Hatchery Chicago will help the snacking giant to connect with the local food and beverage start-up community to accelerate and scale innovation.
The two will also offer educational opportunities and mentorship to entrepreneurs active in Chicago’s thriving food and drink scene.
“We are truly impressed with the talented start-ups coming out of The Hatchery and are excited to be part of this journey. As the world’s snacking leader, it is increasingly important for us to collaborate with the best and brightest talent in advancing the future of snacking,” said Tim Cofer, executive vice president and chief growth officer of Mondelēz International.
“With SnackFutures, we want to disrupt the food industry by testing new ideas and scaling what works. Working with The Hatchery food entrepreneurs will help us push the boundaries of what is possible in snacking as we continue to build our ecosystem of partners while also giving back and offering guidance to new companies.”
The Hatchery helps local entrepreneurs build and grow successful food and beverage businesses through three major areas of need: access to production space, financing and resources, and provides job training and placement programs
“At The Hatchery Chicago, we believe collaboration accelerates innovation and increases the rate of success for companies – big and small,” says Natalie Shmulik, CEO of The Hatchery Chicago.
“Through this partnership with Mondelēz International, we’re creating even more opportunities for our entrepreneurs and community members to access the mentorship and industry expertise that will help them take their business to the next level.”