The Good Food Institute launches search for its first ever Entrepreneur-in-Residence
The Good Food Institute (GFI) is on the lookout for a promising entrepreneur to join its inaugural Entrepreneur-in-Residence programme.
As the organisation continues to support the development of the alternative protein industry, the programme will take on either an existing or aspiring entrepreneur who has “a proven track record of success” within the space.
The selected individual will work closely with the GFI’s Corporate Engagement team to develop an idea within the alternative protein whitespace. They will also have some access to the organisation’s network, as well as a $5,000 (£4,080) monthly stipend.
According to the GFI, the Entrepreneur-in-Residence programme is designed to “catalyse the creation of force-multiplying innovations that provide broad-impact solutions for the alternative protein sector as a whole”.
By the end of the six-month initiative, the organisation expects its entrepreneur to have built the foundation of an early-stage start-up which has “the potential to significantly advance the alternative protein industry”.
Because the GFI is hoping to make a wide-ranging impact through the programme, it says it is not prioritising applications for consumer packaged goods (CPG) concepts. Rather, concepts that could “proverbially lift all, or at least many, boats” are preferred, including B2B solutions.
The GFI has confirmed that the Entrepreneur-in-Residence programme is “almost entirely” virtual, meaning applications are welcomed from individuals from across the world.
It may be necessary to travel to the US “once or twice” for in-person meetings, but where this is required, the GFI says it will front the cost.
This is the latest in a series of financially backed initiatives launched by the Good Food Institute, in a bid to strengthen the global alternative protein industry.
Earlier this month, the GFI partnered with EIT to launch a €100,000 prize which aims to bring down the cost of producing cultivated meat – with a specific focus on innovating cell culture media.
Additionally, last year the organisation awarded $5 million (more than £4M) to scientists around the world conducting research into alternative meats.
Those looking to apply to the Entrepreneur-in-Residence programme must do so before 6 July 2022, via an online application form.
