Lineage Unveils the Global Food Chain Innovation Challenge to Combat Food Waste
03 July 2024 - 8:00AM
Business Wire
Lineage, the world’s largest global temperature-controlled
warehouse REIT, today announced the launch of its pioneering
initiative, the Food Chain Innovation Challenge. This aspiring
global competition invites students and startups to develop and
pitch groundbreaking solutions aimed at tackling one of the world’s
most pressing issues: food waste, particularly postharvest
losses.
The challenge will convene bright minds at three major events
across the globe: London, United Kingdom on November 14; Amsterdam,
The Netherlands on November 19; and San Francisco, United States
also on November 19. Participants are called to present their
innovative solutions that can empower different regions of the
world – from mature to emerging and developing markets – to
mitigate postharvest food spoilage through affordable and scalable
methods, thereby enhancing food security, quality, safety, and
market access.
Winners from each regional event will win a cash prize.
Additionally, an overall winner will be selected from the regional
winners and announced in December. The grand prize winner will
receive entry into an incubator program tailored to help them
further refine their business development skills and scale their
solution effectively.
At the events, participants will be asked to pitch their ideas
to a panel of esteemed judges, concentrating their efforts in one
of four specific areas:
- Reducing food waste: Introduce technologies and
strategies to diminish food loss from farm to market.
- Innovative food preservation techniques: Propose novel
methods that enhance food longevity and reduce spoilage.
- Access to nutritious food: Improve the logistics of food
distribution to enhance the availability of nutritious foods in
underserved areas.
- Data-driven insights and analytics: Employ analytics and
IoT to optimize supply chains and reduce waste.
“According to the UN Environment Programme’s Food Waste Index
Report 2024, the latest data from 2022, shows 1.05 billion tonnes
of food went to waste — an amount sufficient to nourish billions.
This reality is stark, especially considering that over 783 million
individuals globally suffer from undernourishment. By reducing food
waste, we can significantly enhance global food security and
address hunger,” said Greg Lehmkuhl, President and CEO of Lineage,
“At Lineage, we are dedicated to spearheading innovation across the
global food supply chain. Through our Food Chain Innovation
Challenge, we are seeking to cultivate solutions that not only
tackle food waste but also advance sustainable development. We are
eager to witness the emergence of these new ideas and their
evolution into practical, impactful strategies.”
The Food Chain Innovation Challenge underscores Lineage's
commitment to sustainability, improving the global management of
food storage, transport, and distribution. If you're interested in
participating, apply here. For a glimpse into the 2023 Hackathon,
the predecessor to The Food Chain Innovation Challenge, held in
Amsterdam watch this video. Also, hear insights from last year's
winner to get inspired and understand the impact of winning this
prestigious challenge.
About Lineage
Lineage, Inc. is the world’s largest global
temperature-controlled warehouse REIT with a network of over 480
strategically located facilities totaling over 84.1 million square
feet and 3.0 billion cubic feet of capacity across countries in
North America, Europe, and Asia-Pacific. Coupling end-to-end supply
chain solutions and technology, Lineage partners with some of the
world’s largest food and beverage companies to help increase
distribution efficiency, advance sustainability, minimize supply
chain waste, and, most importantly, feed the world.
(onelineage.com)
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Nina Bosch +31 6 81938713 nbosch@onelineage.com
Christina Wiese 734-608-1855 cwiese@onelineage.com